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CarGurus, Inc. CARG Impairment Charges

Impairment Charges at other companies

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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+4.3%
Enterprise value$3.34B+7.6%
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 us-gaap:AssetImpairmentCharges.

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
Stock-based compensation expense26,63025,925
Amortization of deferred financing costs258258
Amortization of deferred contract costs9,7497,814
Impairments20,16132,552
Changes in operating assets and liabilities
Accounts receivable(3,410)2,223
Inventory(373)
Prepaid expenses, prepaid income taxes, and other assets12,9978,894

Item 1. Financial Statements.

FAQ

What is CarGurus, Inc.'s impairment charges?
CarGurus, Inc. (CARG) reported impairment charges of $450K in Q2 2026.
How has CarGurus, Inc.'s impairment charges changed year-over-year?
CarGurus, Inc.'s impairment charges decreased by 98.6% year-over-year, from $32.55M to $450K.
What does impairment charges mean?
Write-downs of long-lived assets (excluding goodwill) when their carrying value exceeds fair value, including property, equipment, right-of-use assets, and other tangible assets.

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