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CarGurus, Inc. CARG Increase Decrease In Lease Obligations

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Other financials

Income statement

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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

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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 carg:IncreaseDecreaseInLeaseObligations.

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 increase decrease in lease obligations?
CarGurus, Inc. (CARG) reported increase decrease in lease obligations of -$1.27M in Q1 2026.
How has CarGurus, Inc.'s increase decrease in lease obligations changed year-over-year?
CarGurus, Inc.'s increase decrease in lease obligations decreased by 127.7% year-over-year, from $4.58M to -$1.27M.
What is the long-term trend for CarGurus, Inc.'s increase decrease in lease obligations?
Over 2 years (2021 to 2024), CarGurus, Inc.'s increase decrease in lease obligations has grown at a 533.8% compound annual growth rate (CAGR), from $1.04M to $41.82M.
What does increase decrease in lease obligations mean?
Measures the net change in the company's total lease liabilities, reflecting new lease commitments or the reduction of existing obligations through payments. This provides insight into the company's long-term fixed cost structure and capital commitment strategy.