CARG Q3 2024 Earnings — CarGurus, Inc. Revenue & Financial Results | Market Cap Arena

CARGCarGurus, Inc.

$3B

Q3 2024 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$231M+5.4% YoY

Gross Profit

$183M78.9% margin

Operating Income

$27M11.9% margin

Net Income

$23M9.7% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$56M

Free Cash Flow

$57M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$778M

Total Liabilities

$295M

Stockholders' Equity

$483M

Cash & Equivalents

$247M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$231M	$219M	+5.4%
Gross Profit	$183M	$164M	+11.1%
Operating Income	$27M	$23M	+18.8%
Net Income	$23M	$22M	+0.9%

Revenue Segments

Marketplace

$204M88%

Product

$15M7%

Wholesale

$12M5%

Geographic Segments

UNITED STATES

$215M93%

Non-US

$17M7%