What is CarGurus, Inc.'s changes in unrecognized tax benefits?

CarGurus, Inc. (CARG) reported changes in unrecognized tax benefits of -$99.25K in Q4 2025.

What does changes in unrecognized tax benefits mean?

Reflects the financial impact of uncertain tax positions, including reserves for potential tax audits or disputes with taxing authorities. It represents the estimated liability for tax positions that may not be sustained upon examination.

CarGurus, Inc. CARG Changes in unrecognized tax benefits

Changes in unrecognized tax benefits at other companies

Rackspace Technology, Inc.RXT

-$1.43M—

Proto LabsPRLB

-$70.5K—

LKQLKQ

$250K—

ZymeworksZYME

$24.25K—

UFP TechnologiesUFPT

$0-100%

Cinemark HoldingsCNK

$775K+444%

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 us-gaap:IncomeTaxReconciliationTaxContingencies.

The official record: CarGurus, Inc.’s 10-K, filed February 19, 2026, on SEC EDGAR. View the filing →

Ask your AI about CarGurus, Inc.'s changes in unrecognized tax benefits.

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

Connect your AI

Claude

Questions, answered.

What is CarGurus, Inc.'s changes in unrecognized tax benefits?: CarGurus, Inc. (CARG) reported changes in unrecognized tax benefits of -$99.25K in Q4 2025.
What does changes in unrecognized tax benefits mean?: Reflects the financial impact of uncertain tax positions, including reserves for potential tax audits or disputes with taxing authorities. It represents the estimated liability for tax positions that may not be sustained upon examination.