carg: the income statement

MyFinsight

CarGurus, Inc. (CARG)

For the quarter ending 2025-06-30, CARG made $234,033K in revenue. $22,343K in net income. Net profit margin of 9.55%.

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

	2025-06-30	2025-03-31	2024-09-30
Total revenue	234,033	225,158	231,358
Product	5,743	-	-
Wholesale	8,347	-	-
Marketplace	15,561	-	-
Total cost of revenue	29,651	25,451	48,807
Gross profit	204,382	199,707	182,551
Goodwill and other asset impairment	-	-	7,026
Sales and marketing	84,337	86,716	81,216
Product, technology, and development	34,370	36,250	36,359
General and administrative	27,062	26,780	28,187
Depreciation and amortization	4,136	4,206	2,329
Impairments	29,633	-	-
Total segment expenses	179,538	153,952	155,117
Income (loss) from operations	24,844	45,755	27,434
Other income, net	430	-302	-94
Interest income	2,134	3,098	2,717
Total other income, net	2,564	2,796	2,623
Income (loss) before income taxes	27,408	48,551	30,057
Provision for (benefit from) income taxes	5,065	9,506	7,546
Net income (loss)	22,343	39,045	22,511
Consolidated net (loss) income	-	-	22,511
Net income (loss) attributable to common stockholders	-	-	22,511

Basic	0.23	0.38	0.22
Basic	98,889,893	103,094,690	103,321,988
Diluted	100,184,067	105,068,046	105,059,283
Earnings per share, diluted, total	0.22	0.37	0.21

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