CarGurus Inc

Common Name

CarGurus

Country

United States

Sector

Consumer Cyclical

Industry

Auto & Truck Dealerships

Employees

1,282

Ticker

CARG

Exchange

NASDAQ/NGS

Website

www.cargurus.com

Description

CarGurus, Inc. is an online automotive marketplace connecting buyers and sellers of new and used cars. The company's primary function is to simplify the car buying and selling process by providing a d... Show more

Financial Statements of CarGurus

Below are the financial statements of CarGurus, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023	2022
Revenue	—	—	—
Marketplace	796.6^a	698.24^a	658.77^a
Wholesale	51.2^a	100.91^a	237.64^a
Product	46.58^a	115.1^a	758.63^a
Total revenue	894.38^a	914.24^a	1,655.04^a
Cost of revenue	—	—	—
Marketplace	-54.95^a	-60.02^a	-56.04^a
Wholesale	-54.34^a	-90.07^a	-176.45^a
Product	-46.15^a	-112.7^a	-765^a
Total cost of revenue	-155.44^a	-262.79^a	-997.48^a
Gross profit	738.95^a	651.45^a	657.55^a
Operating expenses	—	—	—
Sales and marketing	-322.25^a	-304.07^a	-336.71^a
Product, technology, and development	-144.43^a	-146.17^a	-123.77^a
General and administrative	-112.07^a	-152.76^a	-73.12^a
Impairment	-134.5^a	0^a	0^a
Depreciation and amortization	-12.29^a	-15.83^a	-15.48^a
Total operating expenses	-725.53^a	-618.83^a	-549.08^a
Income from operations	13.41^a	32.63^a	108.48^a
Other income, net	—	—	—
Interest income	12.19^a	18.43^a	3.85^a
Other (expense) income, net	-0.94^a	0.63^a	-0.96^a
Total other income, net	11.25^a	19.06^a	2.88^a
Income before income taxes	24.66^a	51.69^a	111.36^a
Provision for income taxes	-3.69^a	-29.63^a	-32.41^a
Consolidated net income	20.97^a	22.05^a	78.95^a
Net loss attributable to redeemable noncontrolling interest	0^a	-14.89^a	-5.43^a
Net income attributable to CarGurus, Inc.	20.97^a	36.94^a	84.39^a
Deemed dividend on redemption of noncontrolling interest	0^a	5.84^a	0^a
Accretion of redeemable noncontrolling interest to redemption value	0^a	0^a	-109.4^a
Net income attributable to common stockholders	20.97^a	31.1^a	193.79^a

Verified Sources Behind CarGurus’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore CarGurus’s data sources below and access millions more through our Disclosure Search.

a. CarGurus's 10-K 2024

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CarGurus Inc

Financial Statements of CarGurus

Verified Sources Behind CarGurus’s Financial Fundamentals Data

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