CARG Q3 2022 Earnings — CarGurus, Inc. Revenue & Financial Results | Market Cap Arena

CARGCarGurus, Inc.

$3B

Q3 2022 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$426M+91.3% YoY

Gross Profit

$151M35.4% margin

Operating Income

$29M6.7% margin

Net Income

$107M25.1% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

-16.6%

Cash Flow

Operating Cash Flow

$73M

Free Cash Flow

$69M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$983M

Total Liabilities

$232M

Stockholders' Equity

$578M

Cash & Equivalents

$404M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$426M	$223M	+91.3%
Gross Profit	$151M	$163M	-7.4%
Operating Income	$29M	$40M	-28.5%
Net Income	$107M	$29M	+266.3%

Revenue Segments

Product

$214M50%

Marketplace

$165M39%

Wholesale

$47M11%

Geographic Segments

UNITED STATES

$416M97%

Non-US

$11M3%