CARGCarGurus, Inc.
$28.87-23% 1Y
$28.87
$26.9652 weeks$39.03
The financials
CarGurus, Inc. by the numbers
CarGurus, Inc. (CARG) reported revenue of $251M in Q2 2026 (quarter ended Jun 30, 2026), up 13% from the same quarter a year earlier. That came with a gross margin of 92% and net income of $49M (20% of revenue). For the full year FY2025, revenue was $907M (+14% year on year) and net income $156M. Its largest product in Q3 2025 (quarter ended Sep 30, 2025) was Marketplace at $232M, 96% of the disclosed total, well ahead of Instant Max Cash Offer at 1.5%. The next results filing is expected around Nov 5, 2026, the same week as a year ago.
| Income statement | Q2 2026 | Q2 2025 | Change |
|---|---|---|---|
| Revenue | $251M | $222M | +13% |
| Gross profit | $231M | $206M | +12% |
| Operating income | $63M | $61M | +4.0% |
| Net income | $49M | $22M | +120% |
| Diluted EPS | $0.54 | $0.22 | +145% |
| Product | Revenue | Share |
|---|---|---|
| Marketplace | $232M | 96% |
| Instant Max Cash Offer | $3.6M | 1.5% |
| Dealer To Dealer | $3.5M | 1.4% |
| Wholesale | $2.2M | 0.9% |
Business segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q3 2025Total $240.9M (+0.27%)
Marketplace grew +14% year on yearWholesale -81% year on year
Segment Latestquarter on quarteryear on year
- Marketplace$231.7M$231.7Mquarter on quarter +4.3%year on year +14%+4.3%+14%
- Instant Max Cash Offer$3.6M$3.6Mquarter on quarter n/ayear on year -73%n/a-73%
- Dealer To Dealer$3.5M$3.5Mquarter on quarter -55%year on year -75%-55%-75%
- Wholesale$2.2M$2.2Mquarter on quarter -64%year on year -81%-64%-81%
On our screens:Stocks with no debt