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CarGurus, Inc. CARG Right Of Use Asset Increase Decrease Obtained In Exchange For Operating Lease Liability

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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:RightOfUseAssetIncreaseDecreaseObtainedInExchangeForOperatingLeaseLiability.

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 right of use asset increase decrease obtained in exchange for operating lease liability?
CarGurus, Inc. (CARG) reported right of use asset increase decrease obtained in exchange for operating lease liability of $0 in Q1 2026.
How has CarGurus, Inc.'s right of use asset increase decrease obtained in exchange for operating lease liability changed year-over-year?
CarGurus, Inc.'s right of use asset increase decrease obtained in exchange for operating lease liability decreased by 100.0% year-over-year, from $217K to $0.
What is the long-term trend for CarGurus, Inc.'s right of use asset increase decrease obtained in exchange for operating lease liability?
Over 2 years (2022 to 2025), CarGurus, Inc.'s right of use asset increase decrease obtained in exchange for operating lease liability has grown at a -60.3% compound annual growth rate (CAGR), from $9.85M to $1.55M.
What does right of use asset increase decrease obtained in exchange for operating lease liability mean?
This represents the non-cash change in the value of right-of-use assets recognized in exchange for new or modified operating lease liabilities. It provides insight into the company's expansion or contraction of its leased asset base without immediate cash impact. This metric is essential for understanding the scale of off-balance-sheet commitments brought onto the balance sheet.