CARG (CarGurus, Inc.) Stock Financials & Earnings

CARGCarGurus, Inc.

Mkt Cap$3B

Revenue (TTM)$939M

Net Income (TTM)$156M

EPS (TTM)$1.55

Free Cash Flow (TTM)$271M

Gross Margin89.0%

Op. Margin20.7%

Net Margin16.6%

FCF Margin28.9%

P/S Ratio (TTM)3.5x

P/E Ratio (TTM)20.8x

YoY Rev Growth+5.0%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$232M	$155M	$14M
Q2 23	$240M	$164M	$18M
Q3 23	$219M	$164M	$23M
Q4 23	$223M	$168M	-$22M
Q1 24	$216M	$172M	$26M
Q2 24	$219M	$182M	-$94M
Q3 24	$231M	$183M	$27M
Q4 24	$229M	$199M	$53M
Q1 25	$225M	$200M	$46M
Q2 25	$234M	$204M	$25M
Q3 25	$239M	$214M	$55M
Q4 25	$241M	$218M	$69M

Revenue Breakdown

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$37M	$25M	$76M
Q2 23	$37M	$27M	$78M
Q3 23	$35M	$25M	$77M
Q4 23	$37M	$76M	$74M
Q1 24	$36M	$28M	$82M
Q2 24	$37M	$27M	$82M
Q3 24	$36M	$28M	$81M
Q4 24	$36M	$28M	$76M
Q1 25	$36M	$27M	$87M
Q2 25	$34M	$27M	$84M
Q3 25	$50M	$28M	$89M
Q4 25	$35M	$19M	$80M

Revenue Segments

Quarter	Marketplace	Product	Wholesale
Q1 23	$167M	$40M	$25M
Q2 23	$171M	$37M	$32M
Q3 23	$178M	$20M	$22M
Q4 23	$182M	$19M	$22M
Q1 24	$187M	$12M	$16M
Q2 24	$195M	$10M	$13M
Q3 24	$204M	$15M	$12M
Q4 24	$210M	$8M	$10M
Q1 25	$212M	$5M	$8M
Q2 25	$222M	$6M	$6M
Q3 25	$232M	$5M	$2M

Revenue by Geography

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$457M	$0	$457M
Q2 23	$363M	$90M	$454M
Q3 23	$355M	$92M	$447M
Q4 23	$291M	$21M	$312M
Q1 24	$246M	$0	$246M
Q2 24	$216M	$0	$216M
Q3 24	$247M	$0	$247M
Q4 24	$304M	$0	$304M
Q1 25	$173M	$0	$173M
Q2 25	$231M	$0	$231M
Q3 25	$179M	$0	$179M
Q4 25	$191M	$0	$191M

Shares Outstanding

Revenue Per Employee

Revenue / Employee