CarGurus, Inc. (CARG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 243.56M | 241.09M | 238.7M | 234.03M | 225.16M | 228.54M | 231.36M | 218.69M | 215.8M | 223.12M | 219.42M | 239.74M | 231.96M | 286.74M | 426.45M | 511.23M | 430.61M | 339.34M | 222.91M | 217.75M |
| Revenue Growth % | 8.17% | 5.49% | 3.17% | 7.01% | 4.34% | 2.43% | 5.44% | -8.78% | -6.97% | -22.19% | -48.55% | -53.11% | -46.13% | -15.5% | 91.31% | 134.78% | 151.28% | 123.91% | 51.16% | 129.84% |
| Cost of Goods Sold | 18.93M | 23.18M | 25.16M | 29.65M | 25.45M | 29.55M | 48.81M | 36.25M | 43.63M | 55.09M | 55.12M | 75.6M | 76.98M | 149.7M | 275.67M | 323.38M | 248.73M | 159.61M | 60.03M | 50.32M |
| COGS % of Revenue | 7.77% | 9.61% | 10.54% | 12.67% | 11.3% | 12.93% | 21.1% | 16.57% | 20.22% | 24.69% | 25.12% | 31.53% | 33.19% | 52.21% | 64.64% | 63.25% | 57.76% | 47.03% | 26.93% | 23.11% |
| Gross Profit | 224.62M | 217.92M | 213.53M | 204.38M | 199.71M | 198.99M | 182.55M | 182.44M | 172.17M | 168.03M | 164.3M | 164.14M | 154.98M | 137.04M | 150.78M | 187.85M | 181.88M | 179.74M | 162.88M | 167.43M |
| Gross Margin % | 92.23% | 90.39% | 89.46% | 87.33% | 88.7% | 87.07% | 78.9% | 83.43% | 79.78% | 75.31% | 74.88% | 68.47% | 66.81% | 47.79% | 35.36% | 36.74% | 42.24% | 52.97% | 73.07% | 76.89% |
| Gross Profit Growth % | 12.48% | 9.51% | 16.97% | 12.02% | 15.99% | 18.42% | 11.11% | 11.15% | 11.09% | 22.62% | 8.96% | -12.62% | -14.79% | -23.75% | -7.43% | 12.2% | 23.46% | 28.29% | 18.28% | 97.31% |
| Operating Expenses | 165.61M | 148.79M | 158.86M | 179.54M | 153.95M | 145.71M | 155.12M | 276.03M | 145.88M | 190.3M | 141.2M | 146.4M | 140.92M | 107.42M | 122.13M | 164.31M | 155.22M | 135.81M | 122.81M | 128.95M |
| OpEx % of Revenue | 68% | 61.71% | 66.55% | 76.71% | 68.38% | 63.76% | 67.05% | 126.22% | 67.6% | 85.29% | 64.35% | 61.07% | 60.75% | 37.46% | 28.64% | 32.14% | 36.05% | 40.02% | 55.09% | 59.22% |
| Selling, General & Admin | 123.97M | 99.57M | 117.83M | 111.4M | 113.5M | 104.83M | 109.4M | 109.74M | 110.34M | 149.49M | 101.73M | 105.11M | 100.5M | 71.92M | 88.08M | 129.12M | 120.7M | 120.22M | 87.04M | 92.3M |
| SG&A % of Revenue | 50.9% | 41.3% | 49.36% | 47.6% | 50.41% | 45.87% | 47.29% | 50.18% | 51.13% | 67% | 46.36% | 43.84% | 43.32% | 25.08% | 20.65% | 25.26% | 28.03% | 35.43% | 39.05% | 42.39% |
| Research & Development | 37.67M | 35.39M | 49.71M | 34.37M | 36.25M | 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 |
| R&D % of Revenue | 15.47% | 14.68% | 20.83% | 14.69% | 16.1% | 15.73% | 15.72% | 16.73% | 16.47% | 16.46% | 16.15% | 15.6% | 15.78% | 11% | 7.08% | 6.13% | 7.12% | 7.98% | 11.91% | 12.69% |
| Other Operating Expenses | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K |
| Operating Income | 59.28M | 69.13M | 54.67M | 24.84M | 45.76M | 53.28M | 27.43M | -93.58M | 26.28M | -22.27M | 23.09M | 17.74M | 14.06M | 29.62M | 28.66M | 23.54M | 26.66M | 43.92M | 40.08M | 38.48M |
| Operating Margin % | 24.34% | 28.67% | 22.91% | 10.62% | 20.32% | 23.31% | 11.86% | -42.79% | 12.18% | -9.98% | 10.53% | 7.4% | 6.06% | 10.33% | 6.72% | 4.61% | 6.19% | 12.94% | 17.98% | 17.67% |
| Operating Income Growth % | 29.56% | 29.75% | 99.29% | 126.55% | 74.08% | 339.29% | 18.79% | -627.59% | 86.95% | -175.17% | -19.41% | -24.65% | -47.26% | -32.56% | -28.5% | -38.82% | 3.37% | 31.27% | -8.01% | 341.81% |
| EBITDA | 71.19M | 80.85M | 62.03M | 31.53M | 52.31M | 60.32M | 32.61M | -87.92M | 33.77M | -9.5M | 35.56M | 29.41M | 25.64M | 41.35M | 39.84M | 34.78M | 37.84M | 54.91M | 50.73M | 48.64M |
| EBITDA Margin % | 29.23% | 33.53% | 25.99% | 13.47% | 23.23% | 26.39% | 14.1% | -40.2% | 15.65% | -4.26% | 16.21% | 12.27% | 11.05% | 14.42% | 9.34% | 6.8% | 8.79% | 16.18% | 22.76% | 22.34% |
| EBITDA Growth % | 36.09% | 34.04% | 90.21% | 135.86% | 54.92% | 734.64% | -8.3% | -399% | 31.71% | -122.98% | -10.73% | -15.44% | -32.26% | -24.69% | -21.47% | -28.51% | 9.83% | 52.43% | 10.29% | 303.13% |
| D&A (Non-Cash Add-back) | 11.91M | 11.72M | 7.36M | 6.68M | 6.55M | 7.04M | 5.18M | 5.66M | 7.48M | 12.76M | 12.47M | 11.67M | 11.58M | 11.73M | 11.18M | 11.23M | 11.19M | 10.99M | 10.66M | 10.16M |
| EBIT | 59.28M | 70.27M | 56.57M | 54.48M | 45.76M | 53.28M | 34.46M | 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 |
| Net Interest Income | 1.67M | 1.63M | 2.29M | 2.13M | 3.1M | 3.13M | 2.72M | 2.44M | 3.91M | 5.09M | 5.26M | 4.33M | 3.74M | -57.45M | 1.16M | 311K | 37K | 0 | 0 | 0 |
| Interest Income | 1.67M | 1.63M | 2.29M | 2.13M | 3.1M | 3.13M | 2.72M | 2.44M | 3.91M | 5.09M | 5.26M | 4.33M | 3.74M | 2.34M | 1.16M | 311K | 37K | 26K | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 59.79M | 0 | 0 | 0 | 26K | 0 | 0 |
| Other Income/Expense | -18.14M | 1.15M | 1.89M | 2.56M | 2.8M | 2.06M | 2.62M | 3.16M | 3.4M | 5.88M | 4.17M | 4.68M | 4.34M | 2.96M | 200K | -156K | -119K | 666K | 143K | 61K |
| Pretax Income | 41.14M | 70.27M | 56.57M | 27.41M | 48.55M | 55.34M | 30.06M | -90.42M | 29.68M | -16.39M | 27.26M | 22.42M | 18.4M | 32.58M | 28.86M | 23.39M | 26.54M | 44.59M | 40.22M | 38.54M |
| Pretax Margin % | 16.89% | 29.15% | 23.7% | 11.71% | 21.56% | 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% | 17.7% |
| Income Tax | 8.92M | 16.54M | 11.85M | 5.07M | 9.51M | 9.46M | 7.55M | -21.7M | 8.38M | 6.21M | 8.29M | 8.6M | 6.53M | 9.35M | 10.03M | 5.33M | 7.7M | 10.43M | 10.95M | 11.14M |
| Effective Tax Rate % | 21.67% | 23.53% | 20.95% | 18.48% | 19.58% | 17.09% | 25.11% | 24% | 28.24% | -37.91% | 30.4% | 38.37% | 35.5% | 28.7% | 34.77% | 22.77% | 29.02% | 23.39% | 27.23% | 28.91% |
| Net Income | 32.23M | 49.8M | 44.72M | 22.34M | 39.05M | 45.88M | 22.51M | -68.72M | 21.3M | -17.91M | 22.3M | 16.41M | 16.13M | 49.85M | 106.96M | -10.34M | -62.09M | 29.63M | 29.2M | 28.05M |
| Net Margin % | 13.23% | 20.66% | 18.73% | 9.55% | 17.34% | 20.08% | 9.73% | -31.42% | 9.87% | -8.02% | 10.16% | 6.85% | 6.95% | 17.38% | 25.08% | -2.02% | -14.42% | 8.73% | 13.1% | 12.88% |
| Net Income Growth % | -17.46% | 8.54% | 98.65% | 132.51% | 83.3% | 356.25% | 0.94% | -518.7% | 32.04% | -135.92% | -79.15% | 258.79% | 125.98% | 68.23% | 266.33% | -136.85% | -377.67% | 17.76% | -10.33% | 293.38% |
| Net Income (Continuing) | 32.23M | 53.74M | 44.72M | 22.34M | 39.05M | 45.88M | 22.51M | -68.72M | 21.3M | -22.6M | 18.97M | 13.82M | 11.87M | 23.23M | 18.82M | 18.06M | 18.84M | 34.16M | 29.27M | 27.4M |
| Discontinued Operations | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 26.54M | 29.86M | 32.48M | 36.75M | 172.61M | 264.5M | 239.75M | 162.81M | 54.63M | 54.56M |
| EPS (Diluted) | 0.34 | 0.51 | 0.45 | 0.22 | 0.37 | 0.43 | 0.21 | -0.66 | 0.20 | -0.21 | 0.20 | 0.14 | 0.10 | 0.21 | 0.14 | 0.15 | 0.17 | -0.68 | 0.24 | 0.23 |
| EPS Growth % | -8.11% | 18.6% | 114.29% | 133.33% | 85% | 304.76% | 5% | -571.43% | 100% | -200% | 42.86% | -6.67% | -41.18% | 130.88% | -41.67% | -34.78% | -10.53% | -409.09% | -17.24% | 283.33% |
| EPS (Basic) | 0.34 | 0.52 | 0.46 | 0.23 | 0.38 | 0.44 | 0.22 | -0.66 | 0.20 | -0.21 | 0.20 | 0.14 | 0.10 | 0.21 | 0.14 | 0.16 | 0.17 | -0.68 | 0.25 | 0.24 |
| Diluted Shares Outstanding | 95.1M | 96.76M | 99.72M | 100.18M | 105.07M | 106.12M | 105.06M | 103.83M | 108.63M | 110.99M | 114.32M | 114.49M | 115.92M | 119.12M | 132.24M | 118.39M | 118.03M | 117.7M | 120.44M | 119.45M |
| Basic Shares Outstanding | 94.06M | 95.29M | 98.17M | 98.89M | 103.09M | 103.84M | 103.32M | 103.83M | 107.17M | 110.99M | 113.22M | 113.44M | 115.36M | 118.78M | 132.24M | 114.84M | 117.15M | 117.7M | 117.41M | 117.12M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |