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CarGurus, Inc. CARG Impairment Of Capitalized Website Development

Impairment Of Capitalized Website Development at other companies

Etsy logo
EtsyETSY
$5.56M+39.3%
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EtsyETSY
$3.31M-45.1%
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EtsyETSY
$5.56M+39.3%
Cimpress PLC logo
Cimpress PLCCMPR
$780K+22.1%
Cimpress PLC logo
Cimpress PLCCMPR
$7.2M+1.0%
Cimpress PLC logo
Cimpress PLCCMPR
$683K-36.2%

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$3.47B+18.0%
Enterprise value$3.54B+21.6%
P/E19.7×-2.9×
P/S3.6×+0.1×

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:ImpairmentOfCapitalizedWebsiteDevelopment.

The source filing: CarGurus, Inc.’s 10-K, filed February 19, 2026.

Filed
Feb 19, 2026, 4:16 PM EST
Fiscal year
FY2025
Accession
0001193125-26-059435

During the year ended December 31, 2025, the Company recognized impairments related to CarOffer of $0.3 million, $0.8 million, $4.8 million, $6.6 million, and $19.6 million for capitalized hosting arrangements, capitalized internal-use software, capitalized website development costs, intangible assets, and goodwill, respectively. During the year ended December 31, 2024, the Company recognized impairments related to CarOffer of $7.6 million and $115.2 million for intangible assets and goodwill, respectively.

Item 8. Financial Statements and Supplementary Data.

FAQ

What is CarGurus, Inc.'s impairment of capitalized website development?
CarGurus, Inc. (CARG) reported impairment of capitalized website development of $2.92M in Q4 2025.
How has CarGurus, Inc.'s impairment of capitalized website development changed year-over-year?
CarGurus, Inc.'s impairment of capitalized website development decreased by 70.6% year-over-year, from $9.93M to $2.92M.
What does impairment of capitalized website development mean?
Impairment Of Capitalized Website Development as reported by CarGurus, Inc. Class A Common Stock.

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