CarGurus, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $907.0M | $798.0M | $698.4M | $1.7B | $951.4M |
| Cost of revenue | $65.5M | $70.3M | $61.8M | $997.5M | $294.0M |
| Gross profit | $841.5M | $727.7M | $636.6M | $657.6M | $657.4M |
| Research and development | $138.3M | $139.0M | $136.8M | $123.8M | $106.4M |
| Operating expenses | $597.1M | $570.5M | $516.3M | $549.1M | $509.1M |
| Operating income | $244.4M | $157.1M | $120.3M | $108.5M | $148.3M |
| Pretax income | $252.8M | $168.4M | $139.1M | $111.4M | $149.4M |
| Income tax expense | $56.1M | $39.6M | $46.7M | $32.4M | $39.0M |
| Net income | $155.9M | $21.0M | $36.9M | $84.4M | $109.2M |
| Balance Sheet | |||||
| Cash and equivalents | $190.5M | $304.2M | $291.4M | $469.5M | $231.9M |
| Current assets | $282.9M | $391.2M | $391.2M | $557.4M | $563.1M |
| Total assets | $661.9M | $824.5M | $918.9M | $927.1M | $931.6M |
| Current liabilities | $100.5M | $93.1M | $115.2M | $98.7M | $170.7M |
| Total liabilities | $287.7M | $282.8M | $302.1M | $155.7M | $251.9M |
| Stockholders' equity | $374.2M | $541.7M | $616.9M | $734.6M | $516.8M |
| Cash Flow Statement | |||||
| Cash from operations | $295.3M | $255.5M | $124.5M | $256.1M | $98.3M |
| Depreciation and amortization | $28.3M | $25.4M | $48.5M | $45.3M | $40.5M |
| Stock-based compensation | $50.4M | $62.3M | $63.7M | $54.8M | $53.5M |
| Capital expenditure | $6.4M | $75.2M | $24.6M | $5.9M | $7.7M |
| Free cash flow | $288.9M | $180.3M | $100.0M | $250.2M | $90.6M |
| Share repurchases | $351.9M | $146.2M | $208.5M | $14.4M | — |
| Impairments | $32.6M | $144.4M | $184,000 | $165,000 | $0 |
Shares outstanding 90.2M · Free float 79.0%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.