CarGurus, Inc. (CARG) — Financial statements
Income statement, balance sheet, and cash flow for CarGurus, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 939↑5.0% | 894↓2.2% | 914↓44.8% | 1,655↑74.0% | 951 | |
| Cost of Revenue | 103↓33.5% | 155↓40.9% | 263↓73.7% | 997↑239.3% | 294 | |
| Gross Profit | 836↑13.1% | 739↑13.4% | 651↓0.9% | 658↑0.0% | 657 | |
| Operating Expenses | ||||||
| R&D Expenses | 156↑7.8% | 144↓1.2% | 146↑18.1% | 124↑16.3% | 106 | |
| General & Administrative Expenses | 101↓9.5% | 112↓26.6% | 153↑108.9% | 73↓25.1% | 98 | |
| Selling & Marketing Expenses | 341↑5.8% | 322↑6.0% | 304↓9.7% | 337↑15.9% | 291 | |
| SG&A Expenses | 442↑1.8% | 434↓4.9% | 457↑11.5% | 410↑5.6% | 388 | |
| Other Expenses | 43↓70.6% | 147↑827.2% | 16↑2.3% | 15↑7.4% | 14 | |
| Operating Expenses | 641↓11.6% | 726↑17.2% | 619↑12.7% | 549↑7.9% | 509 | |
| Total Costs & Expenses | 745↓15.5% | 881↓0.1% | 882↓43.0% | 1,547↑92.6% | 803 | |
| Operating Results | ||||||
| Operating Income | 194↑1349.4% | 13↓58.9% | 33↓69.9% | 108↓26.8% | 148 | |
| Depreciation & Amortization | 32↑27.4% | 25↓47.7% | 48↓14.1% | 56↑11.4% | 51 | |
| EBITDA | 235↑35.7% | 173↑113.7% | 81↓51.7% | 168↓16.1% | 200 | |
| EBIT | 203↑37.1% | 148↑353.3% | 33↓70.7% | 111↓25.4% | 149 | |
| Interest & Other Income | ||||||
| Net Interest Income | 9↓24.9% | 12↓33.9% | 18↑379.3% | 4↑3104.2% | 0.12 | |
| Interest Income | 9↓24.9% | 12↓33.9% | 18↑379.3% | 4↑3104.2% | 0.12 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Non-Operating Income | -8↑93.8% | -135 | 0.00↑100.0% | -3↓164.1% | -1 | |
| Other Income / Expenses | 8↓25.3% | 11↓41.0% | 19↑560.9% | 3↑164.1% | 1 | |
| Income Before Tax | 203↑722.5% | 25↓52.3% | 52↓53.6% | 111↓25.4% | 149 | |
| Income Tax Expense | 43↑1065.7% | 4↓87.6% | 30↓8.6% | 32↓16.9% | 39 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 160↑662.2% | 21↓4.9% | 22↓72.1% | 79↓28.5% | 110 | |
| Net Income from Discontinued Operations | -4 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 156↑643.4% | 21↓32.6% | 31↓83.9% | 194↑77.4% | 109 | |
| Bottom-Line Net Income | 156↑643.4% | 21↓4.9% | 22↓88.6% | 194↑125934.4% | -0.15 | |
| EPS (Basic) | 1.59↑695.0% | 0.20↑5.3% | 0.19↓88.4% | 1.64↑126253.8% | -0.00 | |
| EPS (Diluted) | 1.55↑675.0% | 0.20↑5.3% | 0.19↓87.4% | 1.51↑116253.8% | -0.00 | |
| Weighted Average Shares | 95↓8.8% | 105↓7.7% | 113↓4.4% | 118↑1.1% | 117 | |
| Weighted Average Diluted Shares | 97↓8.9% | 106↓6.9% | 114↓10.9% | 128↑9.4% | 117 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.