CARG Q4 2022 Earnings — CarGurus, Inc. Revenue & Financial Results | Market Cap Arena

CARGCarGurus, Inc.

$3B

Q4 2022 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$287M-15.5% YoY

Gross Profit

$137M47.8% margin

Operating Income

$30M10.3% margin

Net Income

$50M17.4% margin

EPS (Diluted)

$0.21

QoQ Revenue Growth

-32.8%

Cash Flow

Operating Cash Flow

$95M

Free Cash Flow

$90M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$927M

Total Liabilities

$156M

Stockholders' Equity

$735M

Cash & Equivalents

$470M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$287M	$339M	-15.5%
Gross Profit	$137M	$180M	-23.8%
Operating Income	$30M	$44M	-32.6%
Net Income	$50M	$30M	+68.2%

Revenue Segments

Marketplace

$166M58%

Product

$97M34%

Wholesale

$24M8%

Geographic Segments

UNITED STATES

$276M96%

Non-US

$11M4%