CarGurus Key Executives
This section highlights CarGurus's key executives, including their titles and compensation details.
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CarGurus Earnings
This section highlights CarGurus's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|---|---|---|---|---|
| Read Transcript | Q4 | 2024 | 2025-02-20 | $0.49 | $0.55 |
| Read Transcript | Q3 | 2024 | 2024-11-09 | N/A | N/A |
| Read Transcript | Q2 | 2024 | 2024-08-08 | $0.34 | $0.41 |
| Read Transcript | Q1 | 2024 | 2024-05-09 | $0.29 | $0.32 |
| Read Transcript | Q4 | 2023 | 2024-02-26 | $0.35 | $0.35 |
| Read Transcript | Q3 | 2023 | 2023-11-07 | $0.27 | $0.34 |
| Read Transcript | Q2 | 2023 | 2023-08-10 | N/A | N/A |
| Read Transcript | Q1 | 2023 | 2023-05-09 | $0.16 | $0.26 |
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. The company provides consumers an online automotive marketplace where they can search for new and used car listings from its dealers, as well as sell their car in the United States marketplace. Its marketplace connects dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom; and the Autolist and PistonHeads online marketplaces as independent brands in the United States and the United Kingdom. CarGurus, Inc. was founded in 2005 and is headquartered in Cambridge, Massachusetts.
$28.82
Stock Price
$3.01B
Market Cap
1.28K
Employees
Cambridge, MA
Location
Financial Statements
Access annual & quarterly financial statements for CarGurus, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $894.38M | $914.24M | $1.66B | $951.37M | $551.45M |
| Cost of Revenue | $155.44M | $262.79M | $997.48M | $294.01M | $42.71M |
| Gross Profit | $738.95M | $651.45M | $657.55M | $657.36M | $508.75M |
| Gross Profit Ratio | 82.62% | 71.30% | 39.73% | 69.10% | 92.26% |
| Research and Development Expenses | $144.43M | $146.17M | $123.77M | $106.42M | $85.73M |
| General and Administrative Expenses | $112.07M | $152.76M | $73.12M | $97.68M | $62.17M |
| Selling and Marketing Expenses | $322.25M | $304.07M | $336.71M | $290.57M | $256.98M |
| Selling General and Administrative Expenses | $434.31M | $456.83M | $409.82M | $388.25M | $319.14M |
| Other Expenses | $146.79M | $15.83M | $15.48M | $14.41M | $6.12M |
| Operating Expenses | $725.53M | $618.83M | $549.08M | $509.09M | $410.99M |
| Cost and Expenses | $880.97M | $881.62M | $1.55B | $803.11M | $453.69M |
| Interest Income | $12.19M | $18.43M | $3.85M | $120.00K | $1.07M |
| Interest Expense | $- | $- | $3.85M | $- | $- |
| Depreciation and Amortization | $25.36M | $48.47M | $56.40M | $50.65M | $22.10M |
| EBITDA | $173.27M | $81.10M | $167.76M | $200.01M | $104.62M |
| EBITDA Ratio | 19.37% | 8.87% | 9.29% | 19.84% | 19.78% |
| Operating Income | $13.41M | $32.63M | $108.48M | $148.27M | $97.76M |
| Operating Income Ratio | 1.50% | 3.57% | 6.55% | 15.58% | 17.73% |
| Total Other Income Expenses Net | $11.24M | $19.06M | $2.88M | $1.09M | $1.35M |
| Income Before Tax | $24.66M | $51.69M | $111.36M | $149.36M | $99.11M |
| Income Before Tax Ratio | 2.76% | 5.65% | 6.73% | 15.70% | 17.97% |
| Income Tax Expense | $3.69M | $29.63M | $32.41M | $38.99M | $21.56M |
| Net Income | $20.97M | $31.10M | $84.39M | $109.24M | $77.55M |
| Net Income Ratio | 2.34% | 3.40% | 5.10% | 11.48% | 14.06% |
| EPS | $0.20 | $0.19 | $0.71 | $0.93 | $0.69 |
| EPS Diluted | $0.20 | $0.19 | $0.66 | $0.93 | $0.68 |
| Weighted Average Shares Outstanding | 104.54M | 113.24M | 118.47M | 117.14M | 112.85M |
| Weighted Average Shares Outstanding Diluted | 106.26M | 114.19M | 128.15M | 117.14M | 113.85M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $228.54M | $231.36M | $218.69M | $215.80M | $223.12M | $219.42M | $239.74M | $231.96M | $286.74M | $426.45M | $511.23M | $430.61M | $339.34M | $222.91M | $217.75M | $171.37M | $151.55M | $147.47M | $94.74M | $157.69M |
| Cost of Revenue | $29.55M | $48.81M | $38.48M | $43.63M | $55.09M | $55.12M | $75.60M | $76.98M | $149.70M | $275.67M | $323.38M | $248.73M | $159.61M | $60.03M | $50.32M | $24.06M | $11.45M | $9.76M | $9.88M | $11.61M |
| Gross Profit | $198.99M | $182.55M | $180.21M | $172.17M | $168.03M | $164.30M | $164.14M | $154.98M | $137.04M | $150.78M | $187.85M | $181.88M | $179.74M | $162.88M | $167.43M | $147.31M | $140.10M | $137.71M | $84.86M | $146.08M |
| Gross Profit Ratio | 87.07% | 78.90% | 82.40% | 79.80% | 75.30% | 74.90% | 68.50% | 66.80% | 47.80% | 35.40% | 36.70% | 42.20% | 53.00% | 73.10% | 76.90% | 86.00% | 92.44% | 93.38% | 89.57% | 92.64% |
| Research and Development Expenses | $35.95M | $36.36M | $36.58M | $35.55M | $36.74M | $35.43M | $37.39M | $36.61M | $31.55M | $30.21M | $31.35M | $30.65M | $27.09M | $26.54M | $27.63M | $25.16M | $20.00M | $20.76M | $21.89M | $23.08M |
| General and Administrative Expenses | $28.38M | $28.19M | $27.43M | $28.07M | $75.67M | $24.90M | $27.27M | $24.92M | $1.72M | $4.76M | $33.51M | $33.12M | $30.58M | $20.41M | $26.17M | $20.51M | $17.87M | $14.28M | $14.16M | $15.86M |
| Selling and Marketing Expenses | $76.45M | $81.22M | $82.31M | $82.27M | $73.83M | $76.83M | $77.84M | $75.58M | $70.20M | $83.32M | $95.61M | $87.58M | $89.64M | $66.63M | $66.14M | $68.17M | $67.18M | $57.62M | $38.58M | $93.59M |
| Selling General and Administrative Expenses | $104.83M | $109.40M | $109.74M | $110.34M | $149.49M | $101.73M | $105.11M | $100.50M | $71.92M | $88.08M | $129.12M | $120.70M | $120.22M | $87.04M | $92.30M | $88.69M | $85.05M | $71.90M | $52.74M | $109.45M |
| Other Expenses | $4.93M | $9.36M | $721.00K | $-505.00K | $782.00K | $-1.09M | $347.00K | $3.82M | $3.94M | $3.84M | $3.84M | $3.86M | $640.00K | $143.00K | $61.00K | $222.00K | $-75.00K | $31.00K | $157.00K | $166.00K |
| Operating Expenses | $145.71M | $155.12M | $146.32M | $145.88M | $190.30M | $141.20M | $146.40M | $140.92M | $107.42M | $122.13M | $164.31M | $155.22M | $135.81M | $122.81M | $128.95M | $121.52M | $106.64M | $94.14M | $76.15M | $134.06M |
| Cost and Expenses | $175.26M | $203.92M | $184.80M | $189.51M | $245.39M | $196.32M | $222.00M | $217.90M | $257.12M | $397.80M | $487.69M | $403.95M | $295.42M | $182.84M | $179.27M | $145.58M | $118.09M | $103.91M | $86.03M | $145.67M |
| Interest Income | $3.13M | $2.72M | $2.44M | $3.91M | $5.09M | $5.26M | $4.33M | $3.74M | $2.34M | $1.16M | $- | $- | $26.00K | $- | $- | $- | $22.00K | $174.00K | $317.00K | $562.00K |
| Interest Expense | $- | $- | $- | $- | $8.60M | $- | $- | $- | $59.79M | $- | $28.55M | $- | $26.00K | $- | $- | $- | $22.00K | $174.00K | $317.00K | $562.00K |
| Depreciation and Amortization | $7.04M | $5.18M | $5.66M | $10.74M | $15.95M | $15.50M | $14.53M | $14.31M | $14.47M | $13.95M | $13.99M | $13.99M | $14.00M | $13.85M | $13.42M | $11.86M | $2.56M | $2.43M | $3.36M | $2.99M |
| EBITDA | $60.32M | $39.64M | $39.55M | $37.02M | $-9.50M | $35.56M | $29.41M | $25.64M | $47.05M | $39.84M | $34.78M | $37.84M | $58.59M | $50.73M | $48.64M | $34.46M | $34.40M | $46.00M | $12.07M | $15.01M |
| EBITDA Ratio | 26.39% | 17.13% | 18.09% | 17.16% | -4.26% | 16.21% | 12.27% | 11.05% | 14.42% | 9.34% | 6.80% | 8.79% | 16.18% | 22.76% | 22.34% | 20.11% | 23.77% | 31.19% | 12.74% | 9.52% |
| Operating Income | $53.28M | $27.43M | $33.89M | $26.28M | $-22.27M | $23.09M | $17.74M | $14.06M | $29.62M | $28.66M | $23.54M | $26.66M | $43.92M | $40.08M | $38.48M | $25.79M | $33.46M | $43.57M | $8.71M | $12.02M |
| Operating Income Ratio | 23.31% | 11.86% | 15.50% | 12.18% | -9.98% | 10.53% | 7.40% | 6.06% | 10.33% | 6.72% | 4.60% | 6.19% | 12.94% | 17.98% | 17.67% | 15.05% | 22.08% | 29.54% | 9.19% | 7.62% |
| Total Other Income Expenses Net | $2.06M | $2.62M | $3.16M | $3.40M | $5.88M | $4.17M | $4.68M | $4.34M | $2.96M | $200.00K | $-156.00K | $-119.00K | $666.00K | $143.00K | $61.00K | $222.00K | $-53.00K | $205.00K | $474.00K | $728.00K |
| Income Before Tax | $55.34M | $30.06M | $-90.42M | $29.68M | $-16.39M | $27.26M | $22.42M | $18.40M | $32.58M | $28.86M | $23.39M | $26.54M | $44.59M | $40.22M | $38.54M | $26.01M | $33.41M | $43.77M | $9.18M | $12.75M |
| Income Before Tax Ratio | 24.21% | 12.99% | -41.35% | 13.76% | -7.35% | 12.42% | 9.35% | 7.93% | 11.36% | 6.77% | 4.57% | 6.16% | 13.14% | 18.04% | 17.70% | 15.18% | 22.04% | 29.68% | 9.69% | 8.08% |
| Income Tax Expense | $9.46M | $7.55M | $-21.70M | $8.38M | $6.21M | $8.29M | $8.60M | $6.53M | $9.35M | $10.03M | $5.33M | $7.70M | $10.43M | $10.95M | $11.14M | $6.46M | $8.24M | $11.21M | $2.05M | $51.00K |
| Net Income | $45.88M | $22.51M | $-68.72M | $21.30M | $-17.91M | $22.30M | $16.41M | $11.87M | $24.79M | $18.82M | $18.06M | $19.91M | $29.63M | $29.20M | $28.05M | $19.55M | $25.16M | $32.56M | $7.13M | $12.70M |
| Net Income Ratio | 20.08% | 9.73% | -31.42% | 9.87% | -8.02% | 10.16% | 6.85% | 5.12% | 8.65% | 4.41% | 3.53% | 4.62% | 8.73% | 13.10% | 12.88% | 11.41% | 16.60% | 22.08% | 7.53% | 8.05% |
| EPS | $0.44 | $0.22 | $-0.66 | $0.20 | $-0.16 | $0.20 | $0.14 | $0.10 | $0.21 | $0.14 | $0.16 | $0.17 | $-0.68 | $0.25 | $0.24 | $0.19 | $0.22 | $0.29 | $0.06 | $0.11 |
| EPS Diluted | $0.43 | $0.21 | $-0.66 | $0.20 | $-0.16 | $0.20 | $0.14 | $0.10 | $0.21 | $0.14 | $0.15 | $0.17 | $-0.68 | $0.24 | $0.23 | $0.19 | $0.22 | $0.29 | $0.06 | $0.11 |
| Weighted Average Shares Outstanding | 103.84M | 103.32M | 103.83M | 107.17M | 110.99M | 113.22M | 113.44M | 115.36M | 118.78M | 132.24M | 114.84M | 117.15M | 117.70M | 117.41M | 117.12M | 116.32M | 113.39M | 113.03M | 112.73M | 112.36M |
| Weighted Average Shares Outstanding Diluted | 106.12M | 105.06M | 103.83M | 108.63M | 110.99M | 114.32M | 114.49M | 115.92M | 119.12M | 132.24M | 118.39M | 118.03M | 117.70M | 120.44M | 119.45M | 117.25M | 114.29M | 113.97M | 113.74M | 113.49M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $304.19M | $291.36M | $469.52M | $231.94M | $190.30M |
| Short Term Investments | $- | $20.72M | $- | $90.00M | $100.00M |
| Cash and Short Term Investments | $304.19M | $312.09M | $469.52M | $321.94M | $290.30M |
| Net Receivables | $44.25M | $39.96M | $46.82M | $189.32M | $18.23M |
| Inventory | $338.00K | $331.00K | $5.28M | $19.66M | $-100.00M |
| Other Current Assets | $42.43M | $38.81M | $35.75M | $32.18M | $23.44M |
| Total Current Assets | $391.21M | $391.19M | $557.37M | $563.11M | $331.98M |
| Property Plant Equipment Net | $251.49M | $253.05M | $97.00M | $92.82M | $88.32M |
| Goodwill | $46.17M | $157.90M | $157.47M | $158.29M | $29.13M |
| Intangible Assets | $11.77M | $23.06M | $53.05M | $83.92M | $10.86M |
| Goodwill and Intangible Assets | $57.93M | $180.95M | $210.52M | $242.20M | $39.99M |
| Long Term Investments | $- | $- | $9.38M | $5.87M | $9.19M |
| Tax Assets | $106.67M | $73.36M | $35.49M | $13.38M | $19.77M |
| Other Non-Current Assets | $17.23M | $20.37M | $17.35M | $14.20M | $13.05M |
| Total Non-Current Assets | $433.33M | $527.74M | $369.74M | $368.47M | $170.32M |
| Other Assets | $- | $- | $- | $- | $- |
| Total Assets | $824.54M | $918.93M | $927.10M | $931.57M | $502.30M |
| Account Payables | $26.41M | $47.85M | $32.53M | $66.15M | $21.56M |
| Short Term Debt | $18.01M | $12.28M | $29.52M | $26.37M | $22.17M |
| Tax Payables | $27.87M | $25.15M | $16.00K | $15.04M | $12.38M |
| Deferred Revenue | $21.66M | $21.32M | $12.25M | $12.78M | $9.14M |
| Other Current Liabilities | $-898.00K | $8.57M | $24.41M | $50.35M | $1.28M |
| Total Current Liabilities | $93.05M | $115.18M | $98.73M | $170.71M | $66.54M |
| Long Term Debt | $183.74M | $182.11M | $51.66M | $57.52M | $58.81M |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $26.00K | $58.00K | $54.00K | $58.00K | $291.00K |
| Other Non-Current Liabilities | $6.03M | $4.73M | $5.30M | $23.64M | $3.08M |
| Total Non-Current Liabilities | $189.80M | $186.90M | $57.01M | $81.22M | $62.18M |
| Other Liabilities | $- | $- | $- | $- | $- |
| Total Liabilities | $282.85M | $302.07M | $155.74M | $251.93M | $128.71M |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $104.00K | $108.00K | $118.00K | $118.00K | $113.00K |
| Retained Earnings | $375.12M | $354.15M | $323.04M | $129.26M | $129.41M |
| Accumulated Other Comprehensive Income Loss | $-2.55M | $-901.00K | $-1.64M | $-403.00K | $1.88M |
| Other Total Stockholders Equity | $169.01M | $263.50M | $413.09M | $387.87M | $242.18M |
| Total Stockholders Equity | $541.69M | $616.85M | $734.61M | $516.84M | $373.59M |
| Total Equity | $541.69M | $616.85M | $771.36M | $679.65M | $373.59M |
| Total Liabilities and Stockholders Equity | $824.54M | $918.93M | $927.10M | $931.57M | $502.30M |
| Minority Interest | $- | $- | $36.75M | $162.81M | $- |
| Total Liabilities and Total Equity | $824.54M | $918.93M | $927.10M | $931.57M | $502.30M |
| Total Investments | $- | $20.72M | $9.38M | $90.00M | $100.00M |
| Total Debt | $192.74M | $194.39M | $66.42M | $70.70M | $69.89M |
| Net Debt | $-111.45M | $-96.97M | $-403.10M | $-161.24M | $-120.40M |
Balance Sheet Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $304.19M | $246.75M | $218.37M | $249.13M | $291.36M | $355.33M | $363.06M | $456.70M | $469.52M | $404.43M | $338.24M | $315.00M | $231.94M | $231.09M | $184.64M | $140.67M | $190.30M | $245.94M | $133.20M | $74.45M |
| Short Term Investments | $- | $- | $- | $- | $20.72M | $91.82M | $90.49M | $- | $- | $- | $30.00M | $60.00M | $90.00M | $90.00M | $85.00M | $100.00M | $100.00M | $- | $43.00M | $81.28M |
| Cash and Short Term Investments | $304.19M | $246.75M | $218.37M | $249.13M | $312.09M | $447.15M | $453.55M | $456.70M | $469.52M | $404.43M | $368.24M | $375.00M | $321.94M | $321.09M | $269.64M | $240.67M | $290.30M | $245.94M | $176.20M | $155.73M |
| Net Receivables | $44.25M | $44.54M | $39.76M | $44.30M | $39.96M | $46.11M | $37.82M | $42.40M | $46.82M | $120.06M | $193.43M | $144.72M | $189.32M | $85.18M | $81.86M | $36.36M | $18.23M | $16.32M | $16.84M | $17.54M |
| Inventory | $338.00K | $345.00K | $459.00K | $391.00K | $331.00K | $323.00K | $541.00K | $1.64M | $5.28M | $28.17M | $21.68M | $20.99M | $19.66M | $6.39M | $- | $- | $1 | $17.52M | $21.19M | $29.08M |
| Other Current Assets | $42.43M | $35.00M | $50.07M | $37.79M | $63.46M | $61.48M | $65.12M | $42.49M | $35.75M | $51.19M | $46.16M | $32.00M | $32.18M | $28.84M | $37.27M | $34.74M | $23.44M | $19.16M | $23.04M | $36.97M |
| Total Current Assets | $391.21M | $326.64M | $276.71M | $312.71M | $391.19M | $535.37M | $535.29M | $543.21M | $557.37M | $603.85M | $629.51M | $572.72M | $563.11M | $441.51M | $388.78M | $311.78M | $331.98M | $281.42M | $216.08M | $210.24M |
| Property Plant Equipment Net | $251.49M | $253.74M | $267.16M | $261.85M | $253.05M | $238.47M | $238.15M | $239.16M | $97.00M | $92.63M | $94.57M | $90.46M | $92.82M | $93.41M | $98.67M | $99.90M | $88.32M | $90.80M | $92.97M | $96.57M |
| Goodwill | $46.17M | $47.22M | $46.58M | $157.57M | $157.90M | $157.27M | $157.64M | $157.69M | $157.47M | $156.22M | $157.07M | $158.00M | $158.29M | $155.71M | $156.10M | $157.15M | $29.13M | $28.36M | $27.62M | $27.30M |
| Intangible Assets | $11.77M | $12.39M | $12.82M | $21.13M | $23.06M | $30.48M | $38.04M | $45.55M | $53.05M | $60.53M | $68.34M | $76.16M | $83.92M | $92.42M | $100.35M | $108.17M | $10.86M | $10.26M | $10.60M | $11.01M |
| Goodwill and Intangible Assets | $57.93M | $59.61M | $59.40M | $178.70M | $180.95M | $187.75M | $195.68M | $203.24M | $210.52M | $216.75M | $225.41M | $234.16M | $242.20M | $248.13M | $256.45M | $265.32M | $39.99M | $38.62M | $38.22M | $38.30M |
| Long Term Investments | $- | $- | $2.20M | $1 | $13.00M | $11.96M | $11.49M | $- | $9.38M | $9.38M | $9.63M | $9.63M | $5.87M | $6.87M | $8.03M | $9.13M | $9.19M | $8.50M | $8.82M | $10.38M |
| Tax Assets | $106.67M | $120.64M | $117.50M | $82.39M | $73.36M | $67.62M | $51.89M | $47.38M | $35.49M | $44.01M | $36.82M | $26.44M | $13.38M | $13.74M | $17.45M | $19.73M | $19.77M | $27.27M | $37.21M | $36.46M |
| Other Non-Current Assets | $17.23M | $17.54M | $30.36M | $35.15M | $7.38M | $7.55M | $7.83M | $18.58M | $17.35M | $16.25M | $13.77M | $12.40M | $14.20M | $16.26M | $14.84M | $13.54M | $13.05M | $13.94M | $14.13M | $14.49M |
| Total Non-Current Assets | $433.33M | $451.52M | $476.62M | $558.09M | $527.74M | $513.36M | $505.03M | $508.37M | $369.74M | $379.01M | $380.19M | $373.09M | $368.47M | $378.41M | $395.43M | $407.62M | $170.32M | $179.13M | $191.35M | $196.20M |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $824.54M | $778.16M | $753.33M | $870.80M | $918.93M | $1.05B | $1.04B | $1.05B | $927.10M | $982.86M | $1.01B | $945.80M | $931.57M | $819.92M | $784.21M | $719.39M | $502.30M | $460.55M | $407.44M | $406.44M |
| Account Payables | $26.41M | $47.24M | $46.11M | $46.47M | $47.85M | $37.48M | $39.26M | $42.70M | $32.53M | $67.15M | $74.17M | $61.87M | $66.15M | $55.34M | $45.88M | $36.29M | $21.56M | $16.84M | $10.44M | $29.84M |
| Short Term Debt | $9.01M | $9.89M | $20.45M | $10.06M | $24.57M | $26.41M | $27.74M | $15.48M | $14.76M | $24.05M | $24.68M | $25.01M | $13.19M | $25.34M | $22.31M | $21.20M | $11.09M | $22.94M | $23.05M | $18.95M |
| Tax Payables | $- | $19.09M | $18.13M | $8.94M | $25.15M | $19.70M | $21.74M | $16.48M | $16.00K | $9.66M | $3.64M | $30.05M | $15.04M | $13.18M | $7.83M | $6.25M | $12.38M | $7.33M | $11.14M | $18.76M |
| Deferred Revenue | $21.66M | $21.88M | $21.79M | $21.43M | $21.32M | $21.04M | $21.27M | $20.81M | $12.25M | $12.74M | $15.07M | $12.78M | $12.78M | $12.52M | $13.12M | $11.99M | $9.14M | $9.68M | $8.20M | $5.04M |
| Other Current Liabilities | $35.98M | $12.50M | $5.57M | $29.41M | $-3.72M | $4.01M | $11.38M | $28.53M | $39.18M | $35.28M | $58.41M | $19.20M | $63.54M | $-3.93M | $14.41M | $6.00M | $12.37M | $-919.00K | $-9.67M | $-10.64M |
| Total Current Liabilities | $93.05M | $110.59M | $112.04M | $116.32M | $115.18M | $108.64M | $110.76M | $124.00M | $98.73M | $148.88M | $175.97M | $148.91M | $170.71M | $102.45M | $103.55M | $81.72M | $66.54M | $55.87M | $43.15M | $58.33M |
| Long Term Debt | $183.74M | $178.91M | $183.73M | $181.05M | $182.11M | $192.11M | $193.18M | $194.93M | $51.66M | $52.94M | $56.11M | $54.36M | $57.52M | $61.01M | $64.72M | $68.28M | $58.81M | $62.02M | $65.07M | $68.08M |
| Deferred Revenue Non-Current | $- | $- | $-1 | $-1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $26.00K | $- | $41.00K | $42.00K | $58.00K | $60.00K | $43.00K | $30.00K | $54.00K | $23.00K | $32.00K | $28.00K | $58.00K | $19.00K | $291.00K | $294.00K | $291.00K | $304.00K | $314.00K | $329.00K |
| Other Non-Current Liabilities | $6.03M | $5.19M | $5.44M | $5.03M | $4.73M | $4.39M | $5.61M | $4.34M | $5.30M | $30.47M | $51.25M | $37.90M | $23.64M | $12.55M | $11.90M | $5.22M | $3.08M | $4.11M | $3.05M | $1.73M |
| Total Non-Current Liabilities | $189.80M | $184.10M | $189.22M | $186.12M | $186.90M | $196.56M | $198.84M | $199.30M | $57.01M | $83.43M | $107.39M | $92.28M | $81.22M | $73.58M | $76.91M | $73.79M | $62.18M | $66.42M | $68.43M | $70.14M |
| Other Liabilities | $- | $- | $1 | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $282.85M | $294.69M | $301.26M | $302.44M | $302.07M | $305.19M | $309.60M | $323.30M | $155.74M | $232.31M | $283.37M | $241.19M | $251.93M | $176.03M | $180.46M | $155.52M | $128.71M | $122.29M | $111.58M | $128.47M |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $104.00K | $104.00K | $103.00K | $105.00K | $108.00K | $113.00K | $113.00K | $114.00K | $118.00K | $119.00K | $118.00K | $118.00K | $118.00K | $117.00K | $117.00K | $117.00K | $113.00K | $113.00K | $113.00K | $113.00K |
| Retained Earnings | $375.12M | $329.24M | $306.73M | $375.45M | $354.15M | $377.89M | $355.59M | $339.18M | $323.04M | $163.80M | $56.83M | $67.17M | $129.26M | $209.02M | $179.82M | $151.77M | $129.41M | $104.25M | $71.69M | $64.56M |
| Accumulated Other Comprehensive Income Loss | $-2.55M | $-321.00K | $-1.70M | $-1.50M | $-901.00K | $-2.12M | $-1.34M | $-1.23M | $-1.64M | $-4.00M | $-2.48M | $-892.00K | $-403.00K | $307.00K | $1.04M | $797.00K | $1.88M | $651.00K | $-362.00K | $-843.00K |
| Other Total Stockholders Equity | $169.01M | $154.45M | $146.95M | $194.31M | $263.50M | $341.11M | $346.49M | $357.75M | $413.09M | $418.01M | $407.36M | $398.47M | $387.87M | $379.81M | $368.19M | $355.97M | $242.18M | $233.25M | $224.42M | $214.14M |
| Total Stockholders Equity | $541.69M | $483.47M | $452.07M | $568.36M | $616.85M | $716.99M | $700.85M | $695.81M | $734.61M | $577.93M | $461.83M | $464.87M | $516.84M | $589.26M | $549.18M | $508.65M | $373.59M | $338.26M | $295.86M | $277.97M |
| Total Equity | $541.69M | $483.47M | $452.07M | $568.36M | $616.85M | $743.53M | $730.72M | $728.28M | $771.36M | $750.54M | $726.34M | $704.62M | $679.65M | $643.89M | $603.75M | $563.88M | $373.59M | $338.26M | $295.86M | $277.97M |
| Total Liabilities and Stockholders Equity | $824.54M | $778.16M | $753.33M | $870.80M | $918.93M | $1.05B | $1.04B | $1.05B | $927.10M | $982.86M | $1.01B | $945.80M | $931.57M | $819.92M | $784.21M | $719.39M | $502.30M | $460.55M | $407.44M | $406.44M |
| Minority Interest | $- | $- | $- | $- | $- | $26.54M | $29.86M | $32.48M | $36.75M | $172.61M | $264.50M | $239.75M | $162.81M | $54.63M | $54.56M | $55.22M | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $824.54M | $778.16M | $753.33M | $870.80M | $918.93M | $1.05B | $1.04B | $1.05B | $927.10M | $982.86M | $1.01B | $945.80M | $931.57M | $819.92M | $784.21M | $719.39M | $502.30M | $460.55M | $407.44M | $406.44M |
| Total Investments | $- | $- | $2.20M | $1 | $20.72M | $91.82M | $90.49M | $- | $9.38M | $9.38M | $30.00M | $60.00M | $90.00M | $90.00M | $85.00M | $100.00M | $100.00M | $8.50M | $43.00M | $81.28M |
| Total Debt | $192.74M | $188.79M | $193.96M | $191.12M | $194.39M | $205.32M | $207.05M | $210.41M | $66.42M | $64.97M | $68.45M | $66.86M | $70.70M | $73.68M | $75.88M | $78.88M | $69.89M | $73.49M | $76.60M | $77.56M |
| Net Debt | $-111.45M | $-57.95M | $-24.41M | $-58.01M | $-96.97M | $-150.01M | $-156.01M | $-246.28M | $-403.10M | $-339.46M | $-269.79M | $-248.14M | $-161.24M | $-157.41M | $-108.76M | $-61.79M | $-120.40M | $-172.45M | $-56.60M | $3.10M |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $20.97M | $22.05M | $78.95M | $110.37M | $77.55M |
| Depreciation and Amortization | $25.36M | $48.47M | $45.33M | $40.48M | $11.34M |
| Deferred Income Tax | $-33.35M | $-37.86M | $-22.11M | $6.16M | $22.23M |
| Stock Based Compensation | $62.27M | $63.74M | $54.78M | $53.52M | $45.09M |
| Change in Working Capital | $19.11M | $15.89M | $85.86M | $-128.96M | $-13.04M |
| Accounts Receivables | $-4.87M | $10.97M | $152.95M | $-174.77M | $3.89M |
| Inventory | $-112.00K | $1.96M | $14.37M | $-17.32M | $10.39M |
| Accounts Payables | $-4.66M | $2.08M | $-35.05M | $35.40M | $-15.08M |
| Other Working Capital | $28.75M | $875.00K | $-46.42M | $27.74M | $-12.24M |
| Other Non Cash Items | $161.13M | $12.24M | $13.29M | $16.71M | $13.56M |
| Net Cash Provided by Operating Activities | $255.49M | $124.53M | $256.11M | $98.29M | $156.74M |
| Investments in Property Plant and Equipment | $-75.17M | $-24.56M | $-17.27M | $-13.88M | $-7.53M |
| Acquisitions Net | $- | $- | $- | $-64.27M | $-21.06M |
| Purchases of Investments | $-494.00K | $-98.02M | $- | $-120.00M | $-100.00M |
| Sales Maturities of Investments | $21.22M | $77.46M | $90.00M | $130.00M | $111.69M |
| Other Investing Activities | $-18.52M | $-16.45M | $78.65M | $3.84M | $7.11M |
| Net Cash Used for Investing Activities | $-72.97M | $-61.56M | $72.73M | $-68.15M | $-16.89M |
| Debt Repayment | $-75.00K | $-70.00K | $-68.00K | $-14.29M | $-37.00K |
| Common Stock Issued | $- | $- | $- | $103.64M | $1.14M |
| Common Stock Repurchased | $-146.18M | $-208.52M | $-14.43M | $-15.39M | $-11.18M |
| Dividends Paid | $- | $- | $- | $- | $- |
| Other Financing Activities | $-22.37M | $-44.98M | $-78.12M | $32.10M | $1.14M |
| Net Cash Used Provided by Financing Activities | $-168.63M | $-253.64M | $-90.04M | $17.81M | $-10.09M |
| Effect of Forex Changes on Cash | $-1.60M | $475.00K | $-364.00K | $-597.00K | $440.00K |
| Net Change in Cash | $12.30M | $-190.21M | $235.85M | $47.35M | $130.20M |
| Cash at End of Period | $306.23M | $293.93M | $484.13M | $248.28M | $200.93M |
| Cash at Beginning of Period | $293.93M | $484.13M | $248.28M | $200.93M | $70.72M |
| Operating Cash Flow | $255.49M | $124.53M | $256.11M | $98.29M | $156.74M |
| Capital Expenditure | $-75.17M | $-41.21M | $-17.27M | $-13.88M | $-7.53M |
| Free Cash Flow | $180.32M | $83.32M | $238.84M | $84.42M | $149.21M |
Cash Flow Charts
| Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $45.88M | $22.51M | $-68.72M | $21.30M | $-22.60M | $18.97M | $13.82M | $11.87M | $23.23M | $18.82M | $18.06M | $18.84M | $34.16M | $29.27M | $27.40M | $19.55M | $25.16M | $32.56M | $7.13M | $12.70M |
| Depreciation and Amortization | $7.04M | $1.92M | $5.66M | $10.74M | $12.76M | $12.47M | $11.67M | $11.58M | $11.73M | $11.18M | $11.23M | $11.19M | $10.99M | $10.66M | $10.16M | $8.67M | $2.56M | $2.43M | $3.36M | $2.99M |
| Deferred Income Tax | $14.00M | $-3.18M | $-35.11M | $-9.05M | $-5.74M | $-15.72M | $-4.49M | $-11.92M | $8.55M | $-7.20M | $-10.37M | $-13.09M | $389.00K | $3.44M | $2.28M | $60.00K | $7.47M | $10.07M | $-769.00K | $5.46M |
| Stock Based Compensation | $15.66M | $15.46M | $15.34M | $15.82M | $19.97M | $14.26M | $14.60M | $14.90M | $13.23M | $13.97M | $13.43M | $14.15M | $10.97M | $13.80M | $14.39M | $14.36M | $10.69M | $11.03M | $11.77M | $11.61M |
| Change in Working Capital | $-12.42M | $-4.28M | $23.46M | $12.35M | $-4.73M | $-7.75M | $-9.47M | $37.84M | $35.35M | $32.96M | $-41.40M | $58.94M | $-97.34M | $-9.21M | $-20.10M | $-2.30M | $-1.20M | $14.68M | $27.00K | $-26.55M |
| Accounts Receivables | $527.00K | $-5.64M | $4.42M | $-4.18M | $10.64M | $-12.90M | $6.38M | $6.86M | $89.47M | $75.51M | $-51.99M | $39.97M | $-123.18M | $-3.61M | $-45.56M | $-2.42M | $-2.06M | $301.00K | $252.00K | $5.40M |
| Inventory | $-261.00K | $863.00K | $-395.00K | $-319.00K | $-3.00M | $219.00K | $1.09M | $3.65M | $22.88M | $-6.48M | $-692.00K | $-1.34M | $-13.26M | $-4.06M | $15.47M | $-4.11M | $1.21M | $8.52M | $14.56M | $-16.12M |
| Accounts Payables | $-15.43M | $1.47M | $8.59M | $707.00K | $903.00K | $-2.96M | $-6.13M | $10.27M | $-36.36M | $-6.86M | $12.23M | $-4.06M | $10.85M | $9.21M | $10.46M | $4.88M | $4.67M | $6.17M | $-18.48M | $-7.44M |
| Other Working Capital | $2.75M | $-972.00K | $10.83M | $16.14M | $-13.27M | $7.90M | $-10.82M | $17.07M | $-40.64M | $-29.20M | $-939.00K | $24.37M | $28.25M | $-10.76M | $-472.00K | $-637.00K | $-5.00M | $-310.00K | $3.69M | $-8.40M |
| Other Non Cash Items | $5.58M | $23.77M | $145.01M | $41.90M | $2.83M | $4.11M | $3.21M | $2.08M | $3.21M | $3.47M | $3.58M | $3.04M | $4.06M | $5.78M | $3.35M | $3.52M | $3.25M | $3.10M | $3.27M | $3.94M |
| Net Cash Provided by Operating Activities | $75.74M | $56.20M | $71.60M | $51.96M | $2.50M | $26.35M | $29.34M | $66.34M | $95.30M | $73.21M | $-5.46M | $93.06M | $-36.77M | $53.73M | $37.47M | $43.86M | $47.94M | $73.88M | $24.79M | $10.14M |
| Investments in Property Plant and Equipment | $-10.24M | $419.00K | $-31.23M | $-34.13M | $-20.39M | $-9.13M | $-5.80M | $-5.89M | $-4.83M | $-4.28M | $-4.43M | $-3.74M | $-4.80M | $-2.30M | $-4.59M | $-2.19M | $-1.75M | $-1.51M | $-2.39M | $-1.88M |
| Acquisitions Net | $- | $- | $- | $- | $-460.00K | $- | $460.00K | $- | $- | $- | $- | $- | $-50.85M | $2.04M | $1.63M | $-65.90M | $1.53M | $-52.00K | $- | $-21.00M |
| Purchases of Investments | $- | $- | $- | $-494.00K | $-1.27M | $-1.24M | $-95.51M | $- | $- | $- | $- | $- | $-30.00M | $-45.00M | $1.14M | $- | $-100.00M | $1.35M | $- | $666.00K |
| Sales Maturities of Investments | $- | $- | $- | $21.22M | $72.46M | $- | $5.00M | $- | $-90.00M | $30.00M | $30.00M | $30.00M | $30.00M | $40.00M | $60.00M | $- | $-111.69M | $43.00M | $38.28M | $30.41M |
| Other Investing Activities | $-3.46M | $-15.31M | $-5.24M | $259.00K | $3.11M | $-307.00K | $-2.60M | $-3.49M | $90.00M | $27.23M | $27.00M | $27.49M | $50.85M | $-2.04M | $-46.14M | $-966.00K | $110.16M | $-1.35M | $37.25M | $-666.00K |
| Net Cash Used for Investing Activities | $-13.70M | $-14.89M | $-31.23M | $-13.15M | $53.45M | $-10.68M | $-98.45M | $-5.89M | $-4.83M | $25.72M | $25.57M | $26.26M | $-4.80M | $-7.30M | $12.04M | $-68.09M | $-101.75M | $41.44M | $35.90M | $7.53M |
| Debt Repayment | $-19.00K | $-19.00K | $-19.00K | $-18.00K | $-18.00K | $-18.00K | $-17.00K | $-17.00K | $-17.00K | $-16.00K | $-16.00K | $-19.00K | $-10.00K | $-16.00K | $-3.00K | $-14.26M | $-9.00K | $-10.00K | $-9.00K | $-9.00K |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $19.00K | $2.00K | $14.00K | $25.00K | $680.00K | $663.00K | $139.00K | $140.00K | $103.64M | $1.14M | $- | $- | $- |
| Common Stock Repurchased | $- | $-3.70M | $-65.04M | $-77.44M | $-101.11M | $-15.95M | $-22.43M | $-69.02M | $-14.43M | $9.78M | $-18.52M | $-5.43M | $-4.07M | $-3.11M | $-3.17M | $-5.04M | $-2.48M | $-2.92M | $-2.39M | $-3.40M |
| Dividends Paid | $- | $- | $- | $- | $-55.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Financing Activities | $-4.35M | $-6.56M | $-5.88M | $-5.58M | $-28.77M | $-6.65M | $-5.38M | $-4.20M | $-20.49M | $-32.04M | $11.27M | $-36.88M | $42.87M | $-2.97M | $-3.03M | $-5.04M | $-2.48M | $-2.86M | $-1.97M | $-2.88M |
| Net Cash Used Provided by Financing Activities | $-4.37M | $-10.28M | $-70.94M | $-83.04M | $-129.96M | $-22.62M | $-27.83M | $-73.24M | $-34.93M | $-29.47M | $11.25M | $-36.89M | $42.86M | $-2.98M | $-3.03M | $-19.04M | $-2.34M | $-2.87M | $-1.98M | $-2.89M |
| Effect of Forex Changes on Cash | $-2.18M | $1.36M | $-197.00K | $-577.00K | $981.00K | $-717.00K | $-118.00K | $329.00K | $1.28M | $-728.00K | $-700.00K | $-212.00K | $-238.00K | $-224.00K | $-16.00K | $-119.00K | $269.00K | $147.00K | $52.00K | $-28.00K |
| Net Change in Cash | $55.49M | $32.38M | $-30.76M | $-44.80M | $-73.03M | $-7.67M | $-97.06M | $-12.45M | $56.82M | $66.16M | $30.66M | $82.22M | $1.06M | $43.22M | $46.47M | $-43.39M | $-55.89M | $112.60M | $58.75M | $14.75M |
| Cash at End of Period | $306.23M | $250.74M | $218.37M | $249.13M | $293.93M | $366.95M | $374.62M | $471.68M | $484.13M | $427.31M | $361.16M | $330.50M | $248.28M | $247.22M | $204.00M | $157.53M | $200.93M | $256.82M | $144.22M | $85.47M |
| Cash at Beginning of Period | $250.74M | $218.37M | $249.13M | $293.93M | $366.95M | $374.62M | $471.68M | $484.13M | $427.31M | $361.16M | $330.50M | $248.28M | $247.22M | $204.00M | $157.53M | $200.93M | $256.82M | $144.22M | $85.47M | $70.72M |
| Operating Cash Flow | $75.74M | $56.20M | $71.60M | $51.96M | $2.50M | $26.35M | $29.34M | $66.34M | $95.30M | $73.21M | $-5.46M | $93.06M | $-36.77M | $53.73M | $37.47M | $43.86M | $47.94M | $73.88M | $24.79M | $10.14M |
| Capital Expenditure | $-13.70M | $419.00K | $-31.23M | $-34.13M | $-20.39M | $-9.13M | $-5.80M | $-5.89M | $-4.83M | $-4.28M | $-4.43M | $-3.74M | $-4.80M | $-2.30M | $-4.59M | $-2.19M | $-1.75M | $-1.51M | $-2.39M | $-1.88M |
| Free Cash Flow | $62.04M | $56.62M | $40.37M | $17.83M | $-17.89M | $17.22M | $23.54M | $60.46M | $90.48M | $68.93M | $-9.89M | $89.32M | $-41.57M | $51.43M | $32.88M | $41.67M | $46.18M | $72.37M | $22.40M | $8.26M |
CarGurus Dividends
Explore CarGurus's dividend history, including dividend yield, payout ratio, and historical payments.
CarGurus News
Read the latest news about CarGurus, including recent articles, headlines, and updates.
Latest CarGurus Brand Campaign Celebrates Life's Big Deal Moments, Like Buying a Car
The “Big Deal” campaign pays tribute to the momentous experience of car shopping, along with the trusted digital tools from CarGurus that help consumers find the best deal on their big deal BOSTON, Feb. 26, 2025 (GLOBE NEWSWIRE) -- CarGurus , Inc. (Nasdaq: CARG), the fastest-growing automotive shopping site in Canada1, today announced the launch of its latest national brand campaign, “Big Deal”, recognizing the important role cars play in people's lives. The new spots empathize with the big decisions drivers make along the buying journey, underscoring CarGurus' role in helping consumers find the best deal on their big deal.
CarGurus: Momentum Breaking On Revenue Deceleration, Wait For A Better Price
CarGurus' Q4 earnings missed revenue expectations, leading to a ~10% stock drop and signaling a potential correction to value-stock territory. Despite strong dealer additions and profitability improvements, CarGurus' growth is slowing, with revenue growth expected in the mid-single digits for FY25. Rising used car prices and high auto financing rates pose significant risks, potentially dampening demand and impacting future performance.
CarGurus: Rocky Recovery Ahead
CarGurus, Inc. is recovering from a rough patch due to the post pandemic market swing, with improving profitability metrics and strong marketplace growth. The platform offers the best ROI for independent dealers, attracting more dealers and increasing inventory. Gross profit margins and EBITDA margins are rising, driven by a favorable revenue mix and marketplace business expansion.
CarGurus, Inc. (CARG) Q4 2024 Earnings Call Transcript
CarGurus, Inc. (NASDAQ:CARG ) Q4 2024 Earnings Conference Call February 20, 2025 5:00 PM ET Company Participants Kirndeep Singh - Vice President and Head of Investor Relations Jason Trevisan - Chief Executive Officer Elisa Palazzo - Chief Financial Officer Sam Zales - President and Chief Operating Officer Conference Call Participants Vincent Kardos - Jefferies Ralph Schackart - William Blair Rajat Gupta - JPMorgan Marvin Fong - BTIG Ryan Powell - B. Riley Securities Nick Jones - Citizens JMP Chris Pierce - Needham & Company Doug Arthur - Huber Research Partners Tom White - D.A.
Compared to Estimates, CarGurus (CARG) Q4 Earnings: A Look at Key Metrics
Although the revenue and EPS for CarGurus (CARG) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
CarGurus Announces Fourth Quarter and Full Year 2024 Results
Q4'24 Marketplace revenue grew 15% YoY Q4'24 International revenue grew 26% YoY and OEM Advertising revenue grew double-digit YoY Q4'24 Consolidated GAAP Net Income of $45.9 million; Q4'24 Non-GAAP Consolidated Adjusted EBITDA of $76.4 million, up 25% YoY BOSTON, Feb. 20, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today announced financial results for the fourth quarter and year ended December 31, 2024.
Countdown to CarGurus (CARG) Q4 Earnings: Wall Street Forecasts for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for CarGurus (CARG), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2024.
CarGurus to Present at 27th Annual Needham Growth Conference
BOSTON, Jan. 08, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Elisa Palazzo, Chief Financial Officer, is scheduled to participate in a fireside chat at the 27th Annual Needham Growth Conference on Wednesday, January 15, 2025, at 11:45 AM ET.
CarGurus Study Uncovers Shift in Car Shopper Sentiment as Prices and Selection Improve
Seventh annual survey finds consumer satisfaction and buying power on the rise as shoppers increasingly tap the power of online tools to research and guide their decisions BOSTON, Dec. 17, 2024 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its seventh annual U.S. Consumer Insights Report2, examining shopper trends along the car buying and selling journey.
CarGurus: Solid Monetization Strategy, But Upside Is Limited
CARG's growth outlook is positive, driven by successful monetization of new products and increased dealer engagement, leading to mid-single-digit growth over the next two years. Recent earnings results show strong performance with revenue and EBITDA growth, supported by robust dealer adoption of CARG's value-added offerings. Despite strong execution and profitability improvements, the stock's current valuation suggests it is trading at fair value, limiting further share price appreciation.
CarGurus to Present at RBC Capital Markets 2024 Global Technology, Internet, Media and Telecommunications Conference
BOSTON, Nov. 12, 2024 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today announced that Elisa Palazzo, Chief Financial Officer, is scheduled to participate in a fireside chat at RBC's 2024 Global Technology, Internet, Media and Telecommunications Conference on Tuesday, November 19, 2024 at 4:00 PM ET.
CarGurus, Inc. (CARG) Q3 2024 Earnings Call Transcript
CarGurus, Inc. (NASDAQ:CARG ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Kirndeep Singh - Vice President and Head of Investor Relations Jason Trevisan - Chief Executive Officer Elisa Palazzo - Chief Financial Officer Sam Zales - President and Chief Operating Officer Conference Call Participants Marvin Fong - BTIG LLC Nick Jones - JMP Securities Rajat Gupta - JPMorgan Doug Arthur - Huber Research Partners Operator Good day, and welcome to the CarGurus Earnings Conference Call. Please note, this event is being recorded.
CarGurus shares rally after fourth-quarter forecast, but this hurdle lies ahead
Shares of CarGurus Inc. rallied after hours on Thursday, after the online car-buying platform offered a fourth-quarter forecast that was above expectations, as it tries to make deeper inroads with car buyers and dealers in the U.S. and internationally.
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