What is CarGurus, Inc.'s net income?

CarGurus, Inc. (CARG) reported net income of $32.23M in Q1 2026.

How has CarGurus, Inc.'s net income changed year-over-year?

CarGurus, Inc.'s net income decreased by 17.5% year-over-year, from $39.05M to $32.23M.

What is the long-term trend for CarGurus, Inc.'s net income?

Over 3 years (2021 to 2025), CarGurus, Inc.'s net income has grown at a 12.6% compound annual growth rate (CAGR), from $109.24M to $155.9M.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

CarGurus, Inc. CARG Net Income

Net Income at other companies

CarvanaCVNA

$250M+15.7%

OPENLANE, IncOPLN

$48.9M+32.5%

DoorDashDASH

$184M-4.7%

RedditRDDT

$203.98M+680%

Sonic AutomotiveSAH

$60.8M-13.9%

Asbury Automotive GroupABG

$187.8M+42.2%

Other financials

Income statement

See full

Revenue$243.6M+14.8%

Gross profit$224.6M+13.5%

Operating income$40.1M-20.9%

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

See full

Operating cash flow$69.8M+2.9%

CapEx$391.0K-82.5%

Free cash flow$69.5M+5.8%

Valuation

See full

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:NetIncomeLoss.

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

Ask your AI about CarGurus, Inc.'s net income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is CarGurus, Inc.'s net income?: CarGurus, Inc. (CARG) reported net income of $32.23M in Q1 2026.
How has CarGurus, Inc.'s net income changed year-over-year?: CarGurus, Inc.'s net income decreased by 17.5% year-over-year, from $39.05M to $32.23M.
What is the long-term trend for CarGurus, Inc.'s net income?: Over 3 years (2021 to 2025), CarGurus, Inc.'s net income has grown at a 12.6% compound annual growth rate (CAGR), from $109.24M to $155.9M.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.