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CarGurus, Inc. CARG Change In Gross Advance Payments Received From Third Party Payment Processor

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Other financials

Income statement

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Revenue$251.0M+13.1%
Gross profit$231.1M+12.0%
Operating income$63.0M+4.0%
Net income$49.2M+120%
EPS (diluted)$0.54+145%

Balance sheet

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Cash & equivalents$122.1M-47.2%
Total debt$185.1M-5.2%
Total equity$264.4M-39.3%
Total assets$555.1M-23.5%

Cash flow

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Operating cash flow$94.6M+29.4%
CapEx$562.0K-64.5%
Free cash flow$94.0M+31.4%

Valuation

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Market cap$3.28B+4.4%
Enterprise value$3.35B+7.7%
P/E18.7×-5.6×
P/S3.4×-0.3×

Profitability

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Gross margin91.5%+2.4pp
Operating margin28.6%-10.9pp
Net margin18.2%+2.9pp
FCF margin32.6%+3.3pp

Returns & leverage

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Return on equity50.3%+21.0pp
Debt / equity0.7×+0.3×
Current ratio1.8×-1.3×

Where this comes from

Reported directly by CarGurus, Inc. in its filing.

Tagged under the XBRL concept carg:ChangeInGrossAdvancePaymentsReceivedFromThirdPartyPaymentProcessor.

The source filing: CarGurus, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338067
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Repurchases of common stock(202,135)(184,608)
Payment of excise tax for repurchase of common stock(2,654)(682)
Payment of finance lease obligations(43)(40)
Change in gross advance payments received from third-party transaction processor(281)
Net cash used in financing activities(218,373)(200,537)
Impact of foreign currency on cash, cash equivalents, and restricted cash(847)2,135
Net decrease in cash, cash equivalents, and restricted cash(68,382)(72,880)
Cash, cash equivalents, and restricted cash at beginning of period190,518306,229

Item 1. Financial Statements.

FAQ

What is CarGurus, Inc.'s change in gross advance payments received from third party payment processor?
CarGurus, Inc. (CARG) reported change in gross advance payments received from third party payment processor of $0 in Q2 2026.
How has CarGurus, Inc.'s change in gross advance payments received from third party payment processor changed year-over-year?
CarGurus, Inc.'s change in gross advance payments received from third party payment processor increased by 100.0% year-over-year, from -$243K to $0.
What is the long-term trend for CarGurus, Inc.'s change in gross advance payments received from third party payment processor?
Over 2 years (2021 to 2025), CarGurus, Inc.'s change in gross advance payments received from third party payment processor has grown at a -84.0% compound annual growth rate (CAGR), from $46.82M to -$1.19M.
What does change in gross advance payments received from third party payment processor mean?
Change In Gross Advance Payments Received From Third Party Payment Processor as reported by CarGurus, Inc. Class A Common Stock.

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