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CarGurus, Inc. CARG Operating Income

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Other financials

Income statement

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Revenue$243.6M+14.8%
Gross profit$224.6M+13.5%
Net income$32.2M-17.5%
EPS (diluted)$0.34-8.1%

Balance sheet

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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

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Gross margin90.2%+4.0pp
Operating margin25.4%+3.4pp
Net margin15.9%+11.2pp
FCF margin31.2%+4.1pp

Returns & leverage

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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:OperatingIncomeLoss.

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 operating income?
CarGurus, Inc. (CARG) reported operating income of $40.08M in Q1 2026.
How has CarGurus, Inc.'s operating income changed year-over-year?
CarGurus, Inc.'s operating income decreased by 20.9% year-over-year, from $50.65M to $40.08M.
What is the long-term trend for CarGurus, Inc.'s operating income?
Over 4 years (2021 to 2025), CarGurus, Inc.'s operating income has grown at a 13.9% compound annual growth rate (CAGR), from $148.27M to $249.34M.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.