CARG Q2 2022 Earnings — CarGurus, Inc. Revenue & Financial Results | Market Cap Arena

CARGCarGurus, Inc.

$3B

Q2 2022 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$511M+134.8% YoY

Gross Profit

$188M36.7% margin

Operating Income

$24M4.6% margin

Net Income

-$10M-2.0% margin

EPS (Diluted)

$0.15

QoQ Revenue Growth

+18.7%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$10M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$1.0B

Total Liabilities

$283M

Stockholders' Equity

$462M

Cash & Equivalents

$338M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$511M	$218M	+134.8%
Gross Profit	$188M	$167M	+12.2%
Operating Income	$24M	$38M	-38.8%
Net Income	-$10M	$28M	-136.8%

Revenue Segments

Product

$271M53%

Marketplace

$164M32%

Wholesale

$76M15%

Geographic Segments

UNITED STATES

$500M98%

Non-US

$11M2%