What is CarGurus, Inc.'s interest expense?

CarGurus, Inc. (CARG) reported interest expense of $283K in Q1 2026.

How has CarGurus, Inc.'s interest expense changed year-over-year?

CarGurus, Inc.'s interest expense increased by 732.4% year-over-year, from $34K to $283K.

What is the long-term trend for CarGurus, Inc.'s interest expense?

Over 2 years (2023 to 2025), CarGurus, Inc.'s interest expense has grown at a 2.1% compound annual growth rate (CAGR), from $566K to $590K.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

CarGurus, Inc. CARG Interest Expense

Interest Expense at other companies

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OPENLANE, IncOPLN

$10.1M+153%

Sonic AutomotiveSAH

$33.5M-1.2%

Asbury Automotive GroupABG

$48M+13.5%

Xometry, Inc.XMTR

$1.26M+5.9%

Group 1 AutomotiveGPI

$48.8M+22.6%

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

See full

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

See full

Gross margin90.2%+4.0pp

Operating margin25.4%+3.4pp

Net margin15.9%+11.2pp

FCF margin31.2%+4.1pp

Returns & leverage

See full

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 us-gaap:InterestPaidNet.

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 interest expense?: CarGurus, Inc. (CARG) reported interest expense of $283K in Q1 2026.
How has CarGurus, Inc.'s interest expense changed year-over-year?: CarGurus, Inc.'s interest expense increased by 732.4% year-over-year, from $34K to $283K.
What is the long-term trend for CarGurus, Inc.'s interest expense?: Over 2 years (2023 to 2025), CarGurus, Inc.'s interest expense has grown at a 2.1% compound annual growth rate (CAGR), from $566K to $590K.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.