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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$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

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Market cap$2.75B+6.6%
Enterprise value$2.86B+9.6%
P/E18.4×-48.1×
P/S2.9×-0.2×

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×

Where this comes from

Reported directly by CarGurus, Inc. in its filing.

Tagged under the XBRL concept carg:ChangeInGrossAdvancePaymentsReceivedFromThirdPartyPaymentProcessor.

The official record: CarGurus, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

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 Q1 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 -$38K 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?
This represents the net change in cash received from third-party payment processors before the final settlement of customer transactions. It serves as an indicator of working capital fluctuations related to payment processing cycles. A positive change indicates an increase in cash held by the company from pending transactions, while a negative change indicates a reduction.