What is CarGurus, Inc.'s impairment in operating expense?

CarGurus, Inc. (CARG) reported impairment in operating expense of $19.2M in Q1 2026.

What does impairment in operating expense mean?

This represents the non-cash charge recognized when the carrying value of an operating asset exceeds its fair market value. It serves as an indicator of declining asset utility or poor performance in specific operational areas. Frequent impairments may signal issues with capital allocation or strategic missteps.

CarGurus, Inc. CARG Impairment In Operating Expense

Impairment In Operating Expense at other companies

Henry ScheinHSIC

$0-100%

CleanSparkCLSK

$4.01M—

Charles River LaboratoriesCRL

$15.86M+50.0%

LyondellBasell Industries N.V.LYB

$15M—

Allison Transmission HoldingsALSN

$7.25M+2,800%

Marriott Vacations WorldwideVAC

$0-100%

Other financials

Income statement

See full

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

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 carg:ImpairmentInOperatingExpense.

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 impairment in operating expense.

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

Connect your AI

Claude

Questions, answered.

What is CarGurus, Inc.'s impairment in operating expense?: CarGurus, Inc. (CARG) reported impairment in operating expense of $19.2M in Q1 2026.
What does impairment in operating expense mean?: This represents the non-cash charge recognized when the carrying value of an operating asset exceeds its fair market value. It serves as an indicator of declining asset utility or poor performance in specific operational areas. Frequent impairments may signal issues with capital allocation or strategic missteps.