CARG
CarGurus, Inc.38.19
-0.37-0.96%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Key Stats
Market Cap
3.79BP/E (TTM)
25.80Basic EPS (TTM)
1.48Dividend Yield
0%Recent Filings
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10-K
8-K
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10-Q
Q2 FY2025 results
CarGurus posted solid Q2 FY2025 results, with revenue climbing 7% year-over-year to $234.0M, driven by a 14% surge in marketplace revenue to $222.0M from stronger dealer subscriptions and ad spend, while wholesale and product lines dipped 52% and 45% respectively amid softer transaction volumes. Gross profit jumped to $204.4M, yielding an 87% margin—up from 83% last year—thanks to cost efficiencies in the shrinking wholesale segment. Operating income flipped to $24.8M from a $93.6M loss, as impairments eased to $32.6M (derived) from $127.7M, though net income of $22.3M reflected a $5.1M tax provision versus prior benefits. Cash from operations hit $141.0M year-to-date, bolstering $231.2M in cash despite $185.9M in share repurchases; the $400M revolver remains undrawn with $390.6M available. Marketplace momentum persists. Yet competition in digital auto listings could pressure dealer retention.
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