Financial insights of CARG

MyFinsight

For the year ending 2025-12-31, CARG made $906,980K in revenue. $155,903K in net income. Net profit margin of 17.19%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31
Revenue	906,980	796,599
Cost of revenue	65,467	54,950
Gross profit	841,513	738,945
Sales and marketing	340,873	322,249
Product, technology, and development	138,283	144,432
General and administrative	101,419	112,066
Impairment	499	134,501
Depreciation and amortization	15,994	12,285
Total operating expenses	597,068	725,533
Income from continuing operations	244,445	13,412
Interest income	9,151	12,189
Other (expense) income, net	-762	-944
Total other income, net	8,389	11,245
Income from continuing operations before income taxes	252,834	24,657
Provision for income taxes	56,092	3,685
Net income from continuing operations	196,742	-
Net loss from discontinued operations, net of tax benefits	-40,839	-
Consolidated net income	155,903	20,972
Net loss attributable to redeemable noncontrolling interest	0	-
Net income attributable to cargurus, inc	155,903	20,972
Deemed dividend on redemption of noncontrolling interest	0	-
Net income attributable to common stockholders	155,903	20,972

Diluted	100,410,297	106,263,886
Earnings per share, basic, total	1.58	0.2
Earnings per share, diluted, total	1.55	0.2
Weighted average number of shares outstanding, basic, total	98,837,997	104,535,572