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CarGurus, Inc.

CARG

CarGurus operates a leading multinational automotive platform that provides a transparent marketplace for buying and selling new and used vehicles.

Market cap
$3.15B-3.3%
Revenue$938.3M+14.0%
Net income$149.1M+285%
Free cash flow$292.7M+31.5%
EPS (diluted)$1.52+322%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$249.9M
EPS estimate$0.62

Financials

Q1 2026

Income statement

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Revenue$243.6M+14.8%
Gross profit$224.6M+13.5%
Operating income$40.1M-20.9%
Net income$32.2M-17.5%
EPS (diluted)$0.34-8.1%

Balance sheet

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Cash & equivalents$72.0M-58.3%
Total debt$188.0M-3.8%
Total equity$237.1M-41.0%
Total assets$519.6M-24.6%

Cash flow

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Operating cash flow$69.8M+2.9%
CapEx$391.0K-82.5%
Free cash flow$69.5M+5.8%

Valuation & ratios

Valuation

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Market cap$3.15B-3.3%
Enterprise value$3.27B-0.5%
P/E21.2×-4.4×
P/S3.4×-0.6×

Profitability

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Gross margin90.2%+4.0pp
Operating margin25.4%+3.4pp
Net margin15.9%+11.2pp
FCF margin31.2%+4.1pp

Returns & leverage

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Return on equity46.6%+38.7pp
Debt / equity0.8×+0.3×
Current ratio1.7×-1.0×

Segments

By geography

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Non Us$23.6M+38.6%

Competitors

Profile

CarGurus operates a leading multinational automotive platform that provides a transparent marketplace for buying and selling new and used vehicles. The company leverages proprietary data and AI-driven insights to empower consumers with deal ratings and research tools while providing dealers with software solutions for inventory management, marketing, and sales conversion.

Competitive position

CarGurus is the most visited automotive shopping site in the U.S., maintaining a leading position through proprietary pricing algorithms and the largest network of dealer inventory.

GeographiesUnited States, Canada, United Kingdom
Customer segmentsB2B, B2C
Business modelSubscription SaaS, Marketplace, Advertising, Lead Generation
SuppliersCloud computing infrastructure providers, Automotive data aggregators, Open-source software communities, Digital marketing channels
CustomersAutomotive consumers, Franchise and independent car dealers, Original Equipment Manufacturers (OEMs), Automotive lending institutions
Listed2017
Employees1.3K
CEOJason Trevisan
FilingsSEC EDGAR

Questions, answered.

What is CarGurus, Inc.'s market cap?
CarGurus, Inc. (CARG) has a market capitalization of $3.2B and trades on NASDAQ.
What is CarGurus, Inc.'s revenue and profitability?
CarGurus, Inc. generated $938.3M in trailing twelve-month revenue with net income of $149.1M, representing a net margin of 15.9%. Gross margin stands at 90.2%, with free cash flow of $292.7M. These figures are based on the Q1 2026 filing.
Who are CarGurus, Inc.'s competitors?
CarGurus, Inc.'s key competitors include Cars.com, Carvana, DoorDash, Inc. Class A Common Stock, and others. These companies compete in similar markets and product categories.
Who does CarGurus, Inc. partner with?
CarGurus, Inc.'s notable partners include Amazon.
What subsidiaries does CarGurus, Inc. have?
CarGurus, Inc.'s subsidiaries include PistonHeads, Autolist, CarOffer.
Where is CarGurus, Inc. headquartered?
CarGurus, Inc. is headquartered in United States of America and employs approximately 1,343 people. It has been publicly traded since 2017.