CarGurus, Inc. CARG

Technology SIC 7374 - Services-Computer Processing & Data Preparation NAICS Information › Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services derived Nasdaq

CarGurus is a multinational automotive platform helping consumers and dealers confidently buy and sell vehicles. Founded in 2006 with a mission to bring more trust and transparency to car shopping, CarGurus is the No. 1 visited automotive shopping site in the U.S.1 with the largest selection of inventory and network of dealers2. CarGurus' selection, trusted automotive insights, and data-driven products and solutions support each shopper's journey — from online research and shopping to in-dealership decisions — to empower them at every step. CarGurus provides dealers a personalized, predictive intelligence platform with software solutions that helps them run their businesses more efficiently and profitably at all stages of inventory acquisition and pricing, marketing, and conversion to sale.

Last close 31.52 2026-10-23
Market cap $2.84B estimated share count
52-week range 26.39 - 41.22

Valuation FY2025 figures against the last close

P/S3.1x
P/E20.3x
P/FCF9.8x
EV/EBITDA9.7x
Dividend yield—
Diluted EPS1.55

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • International
Revenue by geography, 2 categories over 3 years. The same figures are in the table below. FY2025 United States, FY2025: 827.3M (91.2%) 91% United States International, FY2025: 79.7M (8.8%) 9% FY2024 United States, FY2024: 735.1M (92.1%) 92% International, FY2024: 62.9M (7.9%) 8% FY2023 United States, FY2023: 647.5M (92.7%) 93% International, FY2023: 51M (7.3%) 7%
Region FY2025FY2024FY2023
United States $827.3M $735.1M $647.5M
International $79.7M $62.9M $51.0M

As the company reported it, from the “Segment and Geographic Information - Summary of Revenue by Geographical Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $907.0M$798.0M$698.4M$1.66B$951.4M$551.5M$588.9M$454.1M$316.9M$198.1M
Cost of revenue $65.5M$70.3M$61.8M$997.5M$294.0M$42.7M$36.3M$24.8M——
Gross profit $841.5M$727.7M$636.6M$657.6M$657.4M$508.7M$552.6M$429.3M$299.3M$188.6M
R&D $138.3M$139.0M$136.8M$123.8M$106.4M$85.7M$69.5M$47.9M$22.5M$11.5M
SG&A $101.4M$103.2M$95.0M$73.1M$97.7M$62.2M$50.4M$39.5M$22.7M$12.8M
Total operating expenses $597.1M$570.5M$516.3M$549.1M$509.1M$411.0M$518.3M$406.1M$284.0M$180.0M
Operating income $244.4M$157.1M$120.3M$108.5M$148.3M$97.8M$34.3M$23.2M$15.3M$8.6M
Interest expense ————————$29.0K$26.0K
Pre-tax income $252.8M$168.4M$139.1M$111.4M$149.4M$99.1M$38.7M$25.5M$15.8M$8.9M
Income tax $56.1M$39.6M$46.7M$32.4M$39.0M$21.6M$3.4M$39.7M$2.6M$2.4M
Net income $155.9M$21.0M$22.1M$79.0M$110.4M$77.6M$42.1M$65.2M$13.2M$6.5M
EPS, basic 1.580.200.271.640.000.690.380.600.13-0.58
EPS, diluted 1.550.200.190.620.000.680.370.570.12-0.58
Shares, diluted (wtd. avg.) 100.4M106.3M114.2M128.2M117.1M113.8M113.4M113.4M60.6M44.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $190.5M$304.2M$291.4M$469.5M$231.9M$190.3M$59.9M$34.9M$87.7M$29.5M
Short-term investments —$0$20.7M—————$50.0M$44.8M
Receivables $41.9M$38.3M$40.0M$46.8M$189.3M$18.2M$22.1M$13.6M$12.6M$6.7M
Inventory —$338.0K$331.0K$5.3M$19.7M—————
Total current assets $282.9M$391.2M$391.2M$557.4M$563.1M$332.0M$219.0M$194.9M$157.2M$85.5M
Property, plant and equipment $133.0M$124.4M$83.4M$40.1M$32.2M$27.5M$27.9M$24.3M$16.6M$12.8M
Goodwill $28.4M$26.6M$157.9M$157.5M$158.3M$29.1M$15.2M———
Other intangibles $3.3M$4.0M$23.1M$53.1M$83.9M$10.9M$3.9M———
Total assets $661.9M$824.5M$918.9M$927.1M$931.6M$502.3M$393.6M$268.3M$176.6M$100.3M
Accounts payable $29.1M$21.8M$47.9M$32.5M$66.2M$21.6M$36.7M$34.3M$23.9M$16.4M
Total current liabilities $100.5M$93.1M$115.2M$98.7M$170.7M$66.5M$73.8M$63.5M$43.0M$29.1M
Long-term debt $0$0$0$0$0—————
Total liabilities $287.7M$282.8M$302.1M$155.7M$251.9M$128.7M$136.8M$74.2M$49.6M$35.6M
Retained earnings $362.4M$375.1M$354.1M$323.0M$129.3M$129.4M$51.9M$9.7M-$58.5M-$71.7M
Total equity $374.2M$541.7M$616.9M$734.6M$516.8M$373.6M$256.9M$194.1M$127.0M-$68.0M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $295.3M$255.5M$124.5M$256.1M$98.3M$156.7M$70.1M$51.7M$25.7M$20.0M
Depreciation and amortisation $28.3M$25.4M$48.5M$45.3M$40.5M$10.2M$7.8M$5.0M$3.8M$2.1M
Stock-based compensation $50.4M$62.3M$63.7M$54.8M$53.5M$45.1M$34.3M$20.8M$5.0M$322.0K
Capital expenditure $6.4M$75.2M$24.6M$5.9M$7.7M$3.0M$11.2M$6.0M$5.2M$5.8M
Investing cash flow -$29.3M-$73.0M-$61.6M$72.7M-$68.1M-$16.9M-$22.3M-$80.3M-$12.6M-$52.0M
Financing cash flow -$383.8M-$168.6M-$253.6M-$92.6M$17.8M-$10.1M-$14.7M-$23.4M$44.8M$690.0K
Buybacks $351.9M$146.2M$208.5M$14.4M——————

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-170400.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 500M 1B 1.5B 2B Revenue, FY2016: 198.1M Gross profit, FY2016: 188.6M Net income, FY2016: 6.5M Revenue, FY2017: 316.9M Gross profit, FY2017: 299.3M Net income, FY2017: 13.2M Revenue, FY2018: 454.1M Gross profit, FY2018: 429.3M Net income, FY2018: 65.2M Revenue, FY2019: 588.9M Gross profit, FY2019: 552.6M Net income, FY2019: 42.1M Revenue, FY2020: 551.5M Gross profit, FY2020: 508.7M Net income, FY2020: 77.6M Revenue, FY2021: 951.4M Gross profit, FY2021: 657.4M Net income, FY2021: 110.4M Revenue, FY2022: 1.7B Gross profit, FY2022: 657.6M Net income, FY2022: 79M Revenue, FY2023: 698.4M Gross profit, FY2023: 636.6M Net income, FY2023: 22.1M Revenue, FY2024: 798M Gross profit, FY2024: 727.7M Net income, FY2024: 21M Revenue, FY2025: 907M Gross profit, FY2025: 841.5M Net income, FY2025: 155.9M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $198.1M $316.9M $454.1M $588.9M $551.5M $951.4M $1.66B $698.4M $798.0M $907.0M
Gross profit $188.6M $299.3M $429.3M $552.6M $508.7M $657.4M $657.6M $636.6M $727.7M $841.5M
Net income $6.5M $13.2M $65.2M $42.1M $77.6M $110.4M $79.0M $22.1M $21.0M $155.9M

Recent filings and events

  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Results announced Item 2.02
  • Restructuring or exit costs A restructuring: layoffs, a plant closure, a business being wound down. Item 2.05
  • Shareholder vote Item 5.07

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 7374

TickerCompanyMarket capP/ERevenue growth
ADP AUTOMATIC DATA PROCESSING INC $120.83B 27.8x 6.7%
WDAY Workday, Inc. $51.49B 81.1x 13.1%
RDDT Reddit, Inc. $27.75B 55.1x 69.4%
VRSK Verisk Analytics, Inc. $25.66B 30.2x 6.6%
TOST Toast, Inc. $18.91B 58.4x 24.1%
HNGE Hinge Health, Inc. $8.81B — 50.6%
RNG RingCentral, Inc. $7.01B 173.7x 4.8%
PEGA PEGASYSTEMS INC $5.99B 17.1x 16.6%