For the year ending 2025-12-31, CARG had -$115,711K decrease in cash & cash equivalents over the period. $288,897K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Consolidated net income | 155,903 |
| Depreciation and amortization | 28,346 |
| Gain on sale of property and equipment | 0 |
| Currency loss (gain) on foreign denominated transactions | 404 |
| Other non-cash (income) expense, net | 101 |
| Deferred taxes | 25,887 |
| Provision for doubtful accounts | 2,415 |
| Stock-based compensation expense | 50,439 |
| Amortization of deferred financing costs | 515 |
| Amortization of deferred contract costs | 16,406 |
| Impairment | 32,552 |
| Accounts receivable | -675 |
| Inventory | -338 |
| Prepaid expenses, prepaid income taxes, and other assets | 7,790 |
| Deferred contract costs | 19,240 |
| Accounts payable | 3,557 |
| Accrued expenses, accrued income taxes, and other liabilities | 336 |
| Deferred revenue | 1,853 |
| Lease obligations | 3,593 |
| Net cash provided by operating activities | 295,280 |
| Purchases of property and equipment | 6,383 |
| Proceeds from sale of property and equipment | 0 |
| Capitalization of website development costs | 22,933 |
| Purchases of short-term investments | 0 |
| Sale of short-term investments | 0 |
| Advance payments to customers, net of collections | 0 |
| Net cash used in investing activities | -29,316 |
| Proceeds from issuance of common stock upon exercise of stock options | 474 |
| Payment of withholding taxes on net share settlements of restricted stock units | 30,353 |
| Repurchase of common stock | 351,930 |
| Payment of excise taxes on repurchases of common stock | 680 |
| Payment of finance lease obligations | 81 |
| Payment of tax distributions to redeemable noncontrolling interest holders | 0 |
| Acquisition of remaining interest in caroffer, llc | 0 |
| Change in gross advance payments received from third-party transaction processor | -1,194 |
| Net cash used in financing activities | -383,764 |
| Impact of foreign currency on cash, cash equivalents, and restricted cash | 2,089 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -115,711 |
| Cash, cash equivalents, and restricted cash at beginning of period | 306,229 |
| Cash, cash equivalents, and restricted cash at end of period | 190,518 |
CarGurus, Inc. (CARG)
CarGurus, Inc. (CARG)