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CarGurus, Inc. CARG Q1 2025 earnings

Reported May 8, 2025 · After market close

Revenue$225.2MMiss by $7.9M
EPS$0.46Beat by $0.04
Revenue estimate$233.1M
EPS estimate$0.42

Next report

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

Financials

Q1 2025

Income statement

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Revenue$212.2M+13.3%
Gross profit$197.9M+35.0%
Operating income$50.7M+92.7%
Net income$39.0M+83.3%
EPS (diluted)$0.37+85.0%

Balance sheet

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Cash & equivalents$172.9M-29.8%
Total debt$195.4M+2.3%
Total equity$402.1M-29.3%
Total assets$689.1M-20.9%

Cash flow

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Operating cash flow$67.9M+30.6%
CapEx$2.2M-92.2%
Free cash flow$65.6M+182%

Valuation & ratios

Valuation

as of 03/31/25
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Market cap$3.04B+22.7%
Enterprise value$3.06B+26.4%
P/E78.6×
P/S3.7×-0.1×

Profitability

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Gross margin86.2%-9.9pp
Operating margin22.1%+1.8pp
Net margin4.7%
FCF margin27.1%

Returns & leverage

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Return on equity8%
Debt / equity0.5×+0.1×
Current ratio2.7×-0.1×

Versus estimates

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Questions, answered.

When did CarGurus, Inc. report Q1 2025 earnings?
CarGurus, Inc. (CARG) reported Q1 2025 earnings on May 8, 2025 after market close.
What were CarGurus, Inc.'s Q1 2025 revenue and EPS?
CarGurus, Inc. reported revenue of $225.2M and eps of $0.46 for Q1 2025.
Did CarGurus, Inc. beat estimates in Q1 2025?
Revenue missed the consensus estimate of $233.1M by $7.9M. EPS beat the consensus estimate of $0.42 by $0.04.
How did CarGurus, Inc.'s Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 4.3% from $215.8M a year earlier and eps grew 43.8% from $0.32.
Where can I find CarGurus, Inc.'s Q1 2025 SEC filings?
You can read the 10-Q periodic report (0000950170-25-066988) directly on SEC EDGAR. The filing index links above go to sec.gov.