Cargurus, Inc. income statement
In fiscal 2025, Cargurus, Inc. reported revenue of $907m, up 13.7% on the year before, operating income of $244m (a 27.0% margin) and net income of $156m, or $1.55 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 99 | 198 | 317 | 454 | 589 | 551 | 951 | 1,655 | 698 | 798 | 907 | 967 |
| Cost of revenue | — | — | — | 25 | 36 | 43 | 294 | 997 | 62 | 70 | 65 | 74 |
| Gross profit | 94 | 189 | 299 | 429 | 553 | 509 | 657 | 658 | 637 | 728 | 842 | 893 |
| Research and development | 8 | 11 | 22 | 48 | 69 | 86 | 106 | 124 | 137 | 139 | 138 | 143 |
| Selling and marketing | 82 | 154 | 236 | 316 | 394 | 257 | 291 | 337 | 278 | 307 | 341 | 365 |
| General and administrative | 6 | 13 | 23 | 39 | 50 | 62 | 98 | 73 | 95 | 103 | 101 | 102 |
| Operating income | −3 | 9 | 15 | 23 | 34 | 98 | 148 | 108 | 120 | 157 | 244 | 277 |
| Interest expense | 0 | 0 | 0 | — | — | — | — | — | — | — | — | — |
| Income before tax | −3 | 9 | 16 | 25 | 39 | 99 | 149 | 111 | 139 | 168 | 253 | 282 |
| Income tax | −1 | 2 | 3 | −40 | −3 | 22 | 39 | 32 | 47 | 40 | 56 | 65 |
| Net income | −2 | 6 | 13 | 65 | 42 | 78 | 109 | 84 | 37 | 21 | 156 | 176 |
| Diluted EPS | −$0.41 | −$0.58 | $0.12 | $0.57 | $0.37 | $0.68 | $0.00 | $0.62 | $0.19 | $0.20 | $1.55 | $1.84 |
| Diluted shares (average) | 43m | 44m | 61m | 113m | 113m | 114m | 117m | 128m | 114m | 106m | 100m | 96m |
| EBITDA | −1 | 11 | 19 | 28 | 42 | 108 | 189 | 154 | 169 | 183 | 273 | 300 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 205 | 210 | 212 | 222 | 232 | 241 | 244 | 251 |
| Cost of revenue | 25 | 14 | 14 | 16 | 17 | 19 | 19 | 20 |
| Gross profit | 179 | 196 | 198 | 206 | 215 | 223 | 225 | 231 |
| Research and development | 36 | 31 | 35 | 34 | 36 | 31 | 38 | 38 |
| Selling and marketing | 81 | 62 | 84 | 83 | 89 | 80 | 97 | 98 |
| General and administrative | 28 | 20 | 25 | 25 | 28 | 19 | 26 | 28 |
| Operating income | 27 | 197 | 51 | 61 | 55 | 119 | 40 | 63 |
| Income before tax | 30 | 199 | 53 | 63 | 57 | 120 | 41 | 63 |
| Income tax | 8 | 45 | 11 | 14 | 12 | 30 | 9 | 14 |
| Net income | 23 | 46 | 39 | 22 | 45 | 50 | 32 | 49 |
| Diluted EPS | $0.21 | $0.43 | $0.37 | $0.22 | $0.45 | $0.51 | $0.34 | $0.54 |
| EBITDA | 30 | 204 | 57 | 64 | 59 | 127 | 47 | 67 |
Compare with peers
- Angi Inc. income statement
- Shutterstock, Inc. income statement
- Autohome Inc. income statement
- Bumble Inc. income statement
- Nerdwallet, Inc. income statement
Head to head: ANGI vs CARGCARG vs SSTKATHM vs CARG
More: Interactive Media & Services stocks compared, Communication Services sector, rankings of US companies