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CarGurus, Inc. CARG Total Operating Expenses

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Other financials

Income statement

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Revenue$251.0M+13.1%
Gross profit$231.1M+12.0%
Operating income$63.0M+4.0%
Net income$49.2M+120%
EPS (diluted)$0.54+145%

Balance sheet

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Cash & equivalents$122.1M-47.2%
Total debt$185.1M-5.2%
Total equity$264.4M-39.3%
Total assets$555.1M-23.5%

Cash flow

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Operating cash flow$94.6M+29.4%
CapEx$562.0K-64.5%
Free cash flow$94.0M+31.4%

Valuation

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Market cap$3.28B+4.3%
Enterprise value$3.34B+7.6%
P/E18.7×-5.6×
P/S3.4×-0.3×

Profitability

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Gross margin91.5%+2.4pp
Operating margin28.6%-10.9pp
Net margin18.2%+2.9pp
FCF margin32.6%+3.3pp

Returns & leverage

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Return on equity50.3%+21.0pp
Debt / equity0.7×+0.3×
Current ratio1.8×-1.3×

Where this comes from

Reported directly by CarGurus, Inc. in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The source filing: CarGurus, Inc.’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338067
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
General and administrative28,20925,26654,69050,051
Impairments45049919,651499
Depreciation and amortization3,6853,6957,3907,451
Total operating expenses168,116145,772352,658293,010
Income from continuing operations62,98260,549103,061111,203
Other income, net
Interest income9562,1342,6275,232
Other (expense) income, net(448)430(1,054)128

Item 1. Financial Statements.

FAQ

What is CarGurus, Inc.'s total operating expenses?
CarGurus, Inc. (CARG) reported total operating expenses of $168.12M in Q2 2026.
How has CarGurus, Inc.'s total operating expenses changed year-over-year?
CarGurus, Inc.'s total operating expenses increased by 15.3% year-over-year, from $145.77M to $168.12M.
What is the long-term trend for CarGurus, Inc.'s total operating expenses?
Over 4 years (2021 to 2025), CarGurus, Inc.'s total operating expenses has grown at a 2.3% compound annual growth rate (CAGR), from $509.09M to $556.59M.
What does total operating expenses mean?
The sum of all operating costs including COGS, SG&A, R&D, D&A, and other operating charges. Revenue minus total operating expenses equals operating income.

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