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CarGurus, Inc. CARG Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions

Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions at other companies

CarGurus, Inc. logo
CarGurus, Inc.CARG
$4.75K
Churchill Downs logo
Churchill DownsCHDN
$225K-52.6%
LKQ logo
LKQLKQ
$4.5M
Seaboard logo
SeaboardSEB
$250K-92.9%
HTF
Heartflow, Inc. Common StockHTFL
$37.25K
John Wiley & Sons, Inc. logo
John Wiley & Sons, Inc.WLYB
$29.75K-64.7%

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 us-gaap:UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions.

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

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Questions, answered.

What is CarGurus, Inc.'s unrecognized tax benefits decreases resulting from prior period tax positions?
CarGurus, Inc. (CARG) reported unrecognized tax benefits decreases resulting from prior period tax positions of $4.75K in Q4 2024.
What does unrecognized tax benefits decreases resulting from prior period tax positions mean?
Represents the reduction in previously recorded unrecognized tax benefits due to changes in tax positions from prior periods. This often signals the resolution of tax audits or the expiration of uncertainty regarding past tax filings.