CARG Q1 2022 Earnings — CarGurus, Inc. Revenue & Financial Results | Market Cap Arena

CARGCarGurus, Inc.

$3B

Q1 2022 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$431M+151.3% YoY

Gross Profit

$182M42.2% margin

Operating Income

$27M6.2% margin

Net Income

-$62M-14.4% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+26.9%

Cash Flow

Operating Cash Flow

$93M

Free Cash Flow

$89M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$946M

Total Liabilities

$241M

Stockholders' Equity

$465M

Cash & Equivalents

$315M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$431M	$171M	+151.3%
Gross Profit	$182M	$147M	+23.5%
Operating Income	$27M	$26M	+3.4%
Net Income	-$62M	$22M	-377.7%

Revenue Segments

Product

$176M41%

Marketplace

$163M38%

Wholesale

$91M21%

Geographic Segments

UNITED STATES

$419M97%

Non-US

$11M3%