Financial insights of CARG

MyFinsight

For the quarter ending 2026-03-31, CARG made $243,555K in revenue. $32,228K in net income. Net profit margin of 13.23%.

Income Statement	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Revenue	243,555	209,093	238,696	234,033
Marketplace	-	-	16,946	15,561
Wholesale	-	-	3,366	8,347
Product	-	-	4,852	5,743
Cost of revenue	18,934	-14,799	25,164	29,651
Gross profit	224,621	223,892	213,532	204,382
Sales and marketing	97,484	80,452	89,368	84,337
Product, technology, and development	37,671	31,347	36,316	34,370
General and administrative	26,481	19,114	28,463	27,062
Impairments	19,201	-29,134	0	29,633
Depreciation and amortization	3,705	2,941	4,711	4,136
Total operating expenses	184,542	104,720	158,858	179,538
Income from continuing operations	40,079	119,172	54,674	24,844
Interest income	1,671	1,627	2,292	2,134
Other expense, net	-606	-491	-399	430
Total other income, net	1,065	1,136	1,893	2,564
Income from continuing operations before income taxes	41,144	120,308	56,567	27,408
Provision for income taxes	8,916	29,671	11,850	5,065
Net income from continuing operations	32,228	60,008*	-	-
Net loss from discontinued operations, net of tax benefits	0	-10,210*	-	-
Consolidated net income	32,228	49,798*	-	-
Net loss attributable to redeemable noncontrolling interest	-	0*	-	-
Net income attributable to cargurus, inc	-	49,798	44,717	22,343
Deemed dividend on redemption of noncontrolling interest	-	0	-	-
Net income attributable to common stockholders	-	49,798	-	-

Basic EPS	0.34	0.523	0.46	0.23
Diluted EPS	0.34	0.515	0.45	0.22
Basic Average Shares	94,055,057	95,197,324	98,170,081	98,889,893
Diluted Average Shares	95,096,141	96,666,500	99,722,575	100,184,067

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.