| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 178,834 | 231,233 | ||
| Accounts receivable, net of allowance for doubtful accounts of 1,186 and 788, respectively | 39,612 | 41,032 | ||
| Inventory | 0 | 963 | ||
| Prepaid expenses, prepaid income taxes and other current assets | 36,078 | 19,081 | ||
| Deferred contract costs | 14,843 | 14,547 | ||
| Restricted cash | 21 | 2,116 | ||
| Total current assets | 269,388 | 308,972 | ||
| Property and equipment, gross | 186,849 | - | ||
| Less accumulated depreciation and amortization | 53,915 | - | ||
| Property and equipment, net | 132,934 | 130,299 | ||
| Gross carrying amount-Developed Technology Rights | 1,565 | - | ||
| Accumulated amortization-Developed Technology Rights | 1,565 | - | ||
| Gross carrying amount | 12,613 | - | ||
| Accumulated amortization | 9,120 | - | ||
| Intangible assets, net | 3,493 | 4,303 | ||
| Goodwill | 28,409 | 28,370 | ||
| Operating lease right-of-use assets | 116,665 | 117,454 | ||
| Deferred tax assets | 92,706 | 120,002 | ||
| Deferred contract costs, net of current portion | 12,842 | 13,032 | ||
| Other non-current assets | 4,035 | 3,689 | ||
| Total assets | 660,472 | 726,121 | ||
| Accounts payable | 30,350 | 32,738 | ||
| Accrued expenses, accrued income taxes and other current liabilities | 30,546 | 31,893 | ||
| Deferred revenue | 23,643 | 23,395 | ||
| Operating lease liabilities | 9,317 | 9,173 | ||
| Total current liabilities | 93,856 | 97,199 | ||
| Operating lease liabilities | 183,944 | 186,038 | ||
| Deferred tax liabilities | 26 | 26 | ||
| Other noncurrent liabilities | 7,197 | 7,381 | ||
| Total liabilities | 285,023 | 290,644 | ||
| Common stock-Common Class A | 82 | 85 | ||
| Common stock-Common Class B | 14 | 14 | ||
| Additional paid-in capital | 6,776 | 15,366 | ||
| Retained earnings | 367,187 | 418,642 | ||
| Accumulated other comprehensive income (loss) | 1,390 | 1,370 | ||
| Total stockholders equity | 375,449 | 435,477 | ||
| Total liabilities and stockholders' equity | 660,472 | 726,121 | ||
CarGurus, Inc. (CARG)
CarGurus, Inc. (CARG)