Balance Sheet CarGurus, Inc.

Equities

CARG

US1417881091

Internet Services

Real-time Estimate Cboe BZX Other stock markets 03:49:32 2026-04-20 pm EDT			5-day change	1st Jan Change
37.16 ^USD	+0.80%		+6.44%	-3.30%

Mar. 18	Gasoline price hike from Iran war could push consumers toward EVs, hybrids	RE
Mar. 04	Cargurus Insider Bought Shares Worth $1,000,034, According to a Recent SEC Filing	MT

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Published financial data: CARGURUS, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	951M	1.66B	914M	894M	907M
Total Revenues	951M	1.66B	914M	894M	907M
Cost of Goods Sold, Total	293M	997M	263M	146M	65.47M
Gross Profit	658M	658M	652M	749M	842M
Selling General & Admin Expenses, Total	388M	410M	457M	434M	442M
R&D Expenses	106M	124M	146M	144M	138M
Depreciation & Amortization - (IS)	14.42M	15.48M	15.83M	12.28M	15.99M
Other Operating Expenses, Total	508M	549M	619M	591M	597M
Operating Income	150M	109M	32.81M	158M	245M
Interest Expense, Total	-	-	-	-	-
Interest And Investment Income	120K	3.84M	18.43M	12.19M	9.15M
Net Interest Expenses	120K	3.84M	18.43M	12.19M	9.15M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	972K	-961K	630K	-944K	-762K
EBT, Excl. Unusual Items	151M	112M	51.87M	169M	253M
Restructuring Charges	-	-	-	-	-
Merger & Related Restructuring Charges	-709K	-	-	-	-
Asset Writedown	-647K	-165K	-184K	-144M	-499K
EBT, Incl. Unusual Items	149M	111M	51.69M	24.66M	253M
Income Tax Expense	38.99M	32.41M	29.63M	3.68M	56.09M
Earnings From Continuing Operations	110M	78.95M	22.05M	20.97M	197M
Earnings Of Discontinued Operations	-	-	-	-	-40.84M
Net Income to Company	110M	78.95M	22.05M	20.97M	156M
Minority Interest	-111M	115M	9.05M	-	-
Net Income - (IS)	-154K	194M	31.1M	20.97M	156M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-154K	194M	31.1M	20.97M	156M
Net Income to Common Excl. Extra Items	-154K	194M	31.1M	20.97M	197M
Per Share Items
Net EPS - Basic	-0	1.64	0.27	0.2	1.58
Basic EPS - Continuing Operations	-0	1.64	0.27	0.2	1.99
Basic Weighted Average Shares Outstanding	117M	118M	113M	105M	98.84M
Net EPS - Diluted	-0	0.62	0.19	0.2	1.14
Diluted EPS - Continuing Operations	-0	0.62	0.19	0.2	1.55
Diluted Weighted Average Shares Outstanding	117M	128M	114M	106M	100M
Normalized Basic EPS	-0.14	1.56	0.37	1.01	1.6
Normalized Diluted EPS	-0.14	1.44	0.36	0.99	1.58
Supplemental Items
EBITDA	186M	145M	66.36M	167M	259M
EBITA	180M	139M	62.87M	161M	246M
EBIT	150M	109M	32.81M	158M	245M
EBITDAR	202M	160M	98.68M	199M	287M
Total Revenues (As Reported)	951M	1.66B	914M	894M	-
Effective Tax Rate - (Ratio)	26.1	29.1	57.33	14.94	22.19
Current Domestic Taxes	32.57M	54.35M	66.97M	36.48M	27.65M
Current Foreign Taxes	253K	175K	532K	556K	766K
Total Current Taxes	32.82M	54.52M	67.5M	37.03M	28.42M
Deferred Domestic Taxes	6.37M	-22.07M	-37.86M	-33.34M	27.21M
Deferred Foreign Taxes	-204K	-47K	-9K	-11K	466K
Total Deferred Taxes	6.16M	-22.11M	-37.86M	-33.35M	27.67M
Normalized Net Income	-16.33M	185M	41.47M	106M	158M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	151M	156M	139M	161M	183M
Selling and Marketing Expenses	291M	337M	304M	322M	341M
General and Administrative Expenses	96.97M	73.12M	153M	112M	101M
Research And Development Expense From Footnotes	110M	124M	146M	144M	138M
Net Rental Expense, Total	15.84M	14.92M	32.32M	31.49M	27.1M
Stock-Based Comp., COGS (Total)	417K	475K	2.37M	492K	277K
Stock-Based Comp., R&D Exp. (Total)	22.29M	20.27M	25.93M	24.44M	21.46M
Stock-Based Comp., S&M Exp. (Total)	12.8M	7.73M	13.71M	12.18M	10.86M
Stock-Based Comp., G&A Exp. (Total)	42.2M	5.21M	71.44M	25.38M	16.15M
Stock-Based Comp., Other (Total)	-	21.1M	-	-	-
Total Stock-Based Compensation	77.71M	54.78M	113M	62.49M	48.75M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	232M	470M	291M	304M	191M
Short Term Investments	90M	-	20.72M	-	-
Total Cash And Short Term Investments	322M	470M	312M	304M	191M
Accounts Receivable, Total	189M	46.82M	39.96M	44.25M	41.94M
Total Receivables	189M	46.82M	39.96M	44.25M	41.94M
Inventory	19.66M	5.28M	331K	338K	-
Prepaid Expenses	16.43M	21.97M	24.65M	27.87M	35.26M
Restricted Cash	6.71M	5.24M	2.56M	2.04M	-
Other Current Assets, Total	9.04M	8.54M	11.6M	12.52M	15.24M
Total Current Assets	563M	557M	391M	391M	283M
Gross Property Plant And Equipment	128M	146M	312M	316M	308M
Accumulated Depreciation	-35.32M	-48.97M	-58.97M	-64.61M	-59.97M
Net Property Plant And Equipment	92.82M	97M	253M	251M	248M
Goodwill	158M	157M	158M	46.17M	28.4M
Other Intangibles, Total	83.92M	53.05M	23.06M	11.77M	3.25M
Deferred Tax Assets Long-Term	13.38M	35.49M	73.36M	107M	81.2M
Deferred Charges Long-Term	5.87M	11.3M	14.92M	14.61M	14.46M
Other Long-Term Assets, Total	14.2M	15.44M	5.45M	2.62M	3.2M
Total Assets	932M	927M	919M	825M	662M
Liabilities
Accounts Payable, Total	66.15M	32.53M	47.85M	26.41M	29.12M
Accrued Expenses, Total	35.47M	39.19M	33.72M	35.98M	38.39M
Current Portion of Leases	13.19M	14.76M	12.28M	9M	9.47M
Current Income Taxes Payable	6.34M	-	-	-	-
Unearned Revenue Current, Total	12.78M	12.25M	21.32M	21.66M	23.56M
Other Current Liabilities	36.78M	-	-	-	-
Total Current Liabilities	171M	98.73M	115M	93.05M	101M
Long-Term Leases	57.52M	51.66M	182M	184M	181M
Deferred Tax Liability Non Current	58K	54K	58K	26K	442K
Other Non Current Liabilities	23.64M	5.3M	4.73M	6.03M	5.35M
Total Liabilities	252M	156M	302M	283M	288M
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Common Stock, Total	118K	118K	108K	104K	95K
Additional Paid In Capital	388M	413M	263M	169M	10.3M
Retained Earnings	129M	323M	354M	375M	362M
Comprehensive Income and Other	-403K	-1.64M	-901K	-2.55M	1.43M
Total Common Equity	517M	735M	617M	542M	374M
Minority Interest	163M	36.75M	-	-	-
Total Equity	680M	771M	617M	542M	374M
Total Liabilities And Equity	932M	927M	919M	825M	662M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	118M	115M	107M	104M	95.19M
ECS Total Common Shares Outstanding	118M	118M	108M	104M	94.88M
Book Value / Share	4.39	6.24	5.7	5.21	3.94
Tangible Book Value	275M	524M	436M	484M	343M
Tangible Book Value Per Share	2.33	4.46	4.03	4.65	3.61
Total Debt	70.7M	66.42M	194M	193M	191M
Net Debt	-251M	-403M	-118M	-111M	315K
Debt Equivalent Oper. Leases	127M	119M	259M	252M	217M
Minority Interest, Total (Incl. Fin. Div)	163M	36.75M	-	-	-
Account Code - Inventory Valuation	3	8	3	3	3
Machinery, Total	16.96M	16.49M	9.48M	21.84M	17.74M
Full Time Employees	1.2K	1.4K	1.34K	1.28K	1.22K
Accumulated Allowance for Doubtful Accounts (Supple)	420K	1.81M	610K	788K	600K
Order Backlog	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-154K	194M	31.1M	20.97M	156M
Depreciation & Amortization - CF	6.32M	5.7M	3.49M	5.68M	13.65M
Amortization of Goodwill and Intangible Assets - (CF)	30.15M	30.72M	30.06M	3.66M	900K
Depreciation & Amortization, Total	36.48M	36.41M	33.55M	9.33M	14.55M
Amortization of Deferred Charges, Total - (CF)	16.65M	20.13M	27.25M	30.52M	30.72M
(Gain) Loss From Sale Of Asset	-	-	-460K	-	-
Asset Writedown & Restructuring Costs	3.13M	165K	184K	144M	32.55M
Stock-Based Compensation (CF)	53.52M	54.78M	63.74M	62.27M	50.44M
Tax Benefit from Stock Options	-	-	-	-	-
Provision and Write-off of Bad Debts	999K	1.77M	378K	2.05M	2.42M
Other Operating Activities, Total	117M	-137M	-47.11M	-33.19M	25.38M
Change In Accounts Receivable	-175M	153M	10.98M	-4.87M	675K
Change In Inventories	-17.32M	14.37M	1.96M	-112K	338K
Change In Accounts Payable	35.4M	-35.05M	2.08M	-4.66M	3.56M
Change in Unearned Revenues	3.66M	-525K	9.07M	362K	1.85M
Change in Other Net Operating Assets	24.08M	-45.89M	-8.19M	28.39M	-23.1M
Cash from Operations	98.29M	256M	125M	255M	295M
Capital Expenditure	-7.71M	-5.92M	-24.56M	-75.17M	-6.38M
Sale of Property, Plant, and Equipment	-	-	460K	-	-
Cash Acquisitions	-64.27M	-	-	-	-
Sale (Purchase) of Intangible assets	-6.16M	-11.35M	-16.65M	-18.78M	-22.93M
Investment in Marketable and Equity Securities, Total	10M	90M	-20.55M	20.72M	-
Other Investing Activities, Total	-	-	-259K	259K	-
Cash from Investing	-68.15M	72.73M	-61.56M	-72.97M	-29.32M
Short Term Debt Issued, Total	46.82M	-	-	-	-
Total Debt Issued	46.82M	-	-	-	-
Short Term Debt Repaid, Total	-	-40.33M	-4.48M	-822K	-1.19M
Long-Term Debt Repaid, Total	-14.29M	-68K	-70K	-75K	-81K
Total Debt Repaid	-14.29M	-40.4M	-4.54M	-897K	-1.28M
Issuance of Common Stock	663K	721K	74K	4.92M	474K
Repurchase of Common Stock	-15.39M	-30.45M	-224M	-173M	-383M
Issuance of Preferred Stock	-	-	-	-	-
Repurchase of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	-	-22.49M	-25.05M	-	-
Cash from Financing	17.81M	-92.62M	-254M	-169M	-384M
Foreign Exchange Rate Adjustments	-597K	-364K	475K	-1.6M	2.09M
Net Change in Cash	47.35M	236M	-190M	12.3M	-116M
Supplemental Items
Cash Interest Paid	-	64K	566K	772K	590K
Cash Income Tax Paid (Refund)	27.52M	61M	74.78M	40.78M	19.76M
Levered Free Cash Flow	113M	242M	181M	80.29M	219M
Unlevered Free Cash Flow	113M	242M	181M	79.77M	219M
Change In Net Working Capital	97.42M	-79.76M	-27.67M	26.76M	-1.61M
Net Debt Issued / Repaid	32.53M	-40.4M	-4.54M	-897K	-1.28M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	13.04	7.31	2.22	11.32	20.6
Return on Total Capital	15.67	8.55	2.49	12.76	23.56
Return On Equity %	20.96	10.88	3.18	3.62	42.96
Return on Common Equity	-0.03	30.97	4.6	3.62	42.96
Margin Analysis
Gross Profit Margin %	69.16	39.74	71.28	83.73	92.78
SG&A Margin	40.74	24.76	49.97	48.56	48.77
EBITDA Margin %	19.56	8.76	7.26	18.69	28.61
EBITA Margin %	18.9	8.42	6.88	18.06	27.11
EBIT Margin %	15.73	6.56	3.59	17.65	27.01
Income From Continuing Operations Margin %	11.6	4.77	2.41	2.34	21.69
Net Income Margin %	-0.02	11.71	3.4	2.34	17.19
Net Avail. For Common Margin %	-0.02	11.71	3.4	2.34	21.69
Normalized Net Income Margin	-1.72	11.15	4.54	11.82	17.46
Levered Free Cash Flow Margin	11.88	14.6	19.82	8.98	24.19
Unlevered Free Cash Flow Margin	11.88	14.6	19.77	8.92	24.13
Asset Turnover
Asset Turnover	1.33	1.78	0.99	1.03	1.22
Fixed Assets Turnover	10.5	17.44	5.22	3.55	3.67
Receivables Turnover (Average Receivables)	9.17	14.02	21.07	21.24	22.61
Inventory Turnover (Average Inventory)	-	79.98	93.57	435	-
Short Term Liquidity
Current Ratio	3.3	5.65	3.4	4.2	2.81
Quick Ratio	2.99	5.23	3.06	3.74	2.31
Operating Cash Flow to Current Liabilities	0.58	2.59	1.08	2.75	2.94
Days Sales Outstanding (Average Receivables)	39.82	26.04	17.32	17.23	16.14
Days Outstanding Inventory (Average Inventory)	-	4.56	3.9	0.84	-
Average Days Payable Outstanding	-	18.32	56.94	93.39	141.99
Cash Conversion Cycle (Average Days)	-	12.28	-35.71	-75.32	-
Long Term Solvency
Total Debt/Equity	10.4	8.61	31.51	35.58	51
Total Debt / Total Capital	9.42	7.93	23.96	26.24	33.77
LT Debt/Equity	8.46	6.7	29.52	33.92	48.47
Long-Term Debt / Total Capital	7.67	6.17	22.45	25.02	32.1
Total Liabilities / Total Assets	27.04	16.8	32.87	34.3	43.47
EBIT / Interest Expense	-	-	-	-	-
EBITDA / Interest Expense	-	-	-	-	-
(EBITDA - Capex) / Interest Expense	-	-	-	-	-
Total Debt / EBITDA	0.35	0.42	1.97	0.97	0.67
Net Debt / EBITDA	-1.24	-2.52	-1.19	-0.56	0
Total Debt / (EBITDA - Capex)	0.36	0.43	2.62	1.56	0.68
Net Debt / (EBITDA - Capex)	-1.29	-2.62	-1.59	-0.9	0
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	72.52	73.96	-44.76	-2.17	13.65
Gross Profit, 1 Yr. Growth %	29.34	-0.04	-0.92	14.92	14.11
EBITDA, 1 Yr. Growth %	77.84	-21.77	-54.25	151.9	34.86
EBITA, 1 Yr. Growth %	80.23	-22.18	-54.88	156.86	36.92
EBIT, 1 Yr. Growth %	53.06	-27.04	-69.8	381.07	37.11
Earnings From Cont. Operations, 1 Yr. Growth %	42.32	-28.47	-72.07	-4.9	52.82
Net Income, 1 Yr. Growth %	-100.2	-126K	-83.95	-32.57	643.39
Normalized Net Income, 1 Yr. Growth %	-126.36	-1.2K	-77.53	154.83	33.41
Diluted EPS Before Extra, 1 Yr. Growth %	-100.19	-46.99K	-68.65	2.19	675
Accounts Receivable, 1 Yr. Growth %	938.25	-75.27	-14.64	10.72	9.54
Inventory, 1 Yr. Growth %	-	-73.13	-93.73	2.11	-
Net Property, Plant and Equip., 1 Yr. Growth %	5.1	4.5	160.89	-0.62	1.04
Total Assets, 1 Yr. Growth %	85.46	-0.48	-0.88	-10.27	-19.72
Tangible Book Value, 1 Yr. Growth %	-17.67	90.83	-16.83	10.98	-32.97
Common Equity, 1 Yr. Growth %	38.35	42.13	-16.03	-12.18	-30.92
Cash From Operations, 1 Yr. Growth %	-37.29	160.56	-51.38	105.17	15.57
Capital Expenditures, 1 Yr. Growth %	161.28	-23.19	314.64	206.04	-91.51
Levered Free Cash Flow, 1 Yr. Growth %	-3.22	114.62	-25.02	-55.7	143.64
Unlevered Free Cash Flow, 1 Yr. Growth %	-3.22	114.5	-25.19	-55.86	144.46
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	27.1	73.24	-1.97	-26.49	13.96
Gross Profit, 2 Yr. CAGR %	9.12	13.7	-0.48	6.7	14.97
EBITDA, 2 Yr. CAGR %	110.15	17.75	-40.17	7.35	27.63
EBITA, 2 Yr. CAGR %	126.73	18.2	-40.75	7.65	42.35
EBIT, 2 Yr. CAGR %	108.79	5.42	-53.06	20.53	42.68
Earnings From Cont. Operations, 2 Yr. CAGR %	61.83	0.9	-55.3	-48.46	45.89
Net Income, 2 Yr. CAGR %	-93.96	58.07	1.32K	-67.1	123.88
Normalized Net Income, 2 Yr. CAGR %	-17.84	72.6	57.24	-24.32	28.42
Diluted EPS Before Extra, 2 Yr. CAGR %	-94.04	-4.81	1.11K	-43.4	185.62
Accounts Receivable, 2 Yr. CAGR %	192.53	60.23	-54.06	-2.78	2.44
Inventory, 2 Yr. CAGR %	-	-	-87.02	-74.7	-
Net Property, Plant and Equip., 2 Yr. CAGR %	2.74	4.8	65.12	61.02	-0.92
Total Assets, 2 Yr. CAGR %	53.84	35.86	-0.68	-5.69	-15.13
Tangible Book Value, 2 Yr. CAGR %	7.48	25.34	25.98	-3.92	-11.35
Common Equity, 2 Yr. CAGR %	41.85	40.23	9.25	-14.13	-22.11
Cash From Operations, 2 Yr. CAGR %	18.4	27.82	12.56	-0.12	53.99
Capital Expenditures, 2 Yr. CAGR %	-17.03	41.66	78.46	256.22	-49.02
Levered Free Cash Flow, 2 Yr. CAGR %	51.81	43.84	26.85	-42.37	11.01
Unlevered Free Cash Flow, 2 Yr. CAGR %	51.81	43.8	26.67	-42.54	11.04
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	27.96	41.12	18.35	-2.04	-18.17
Gross Profit, 3 Yr. CAGR %	15.3	5.98	8.6	4.41	8.56
EBITDA, 3 Yr. CAGR %	87.53	50.99	-14.08	-3.39	21.39
EBITA, 3 Yr. CAGR %	97.91	58.54	-14.26	-3.38	20.83
EBIT, 3 Yr. CAGR %	86.16	46.83	-30.5	1.96	31.13
Earnings From Cont. Operations, 3 Yr. CAGR %	19.2	23.27	-34.24	-42.51	35.57
Net Income, 3 Yr. CAGR %	-86.68	66.29	-26.25	414.49	-6.99
Normalized Net Income, 3 Yr. CAGR %	0.83	96.85	-12.52	84.7	-4.98
Diluted EPS Before Extra, 3 Yr. CAGR %	-86.79	18.53	-34.27	431.56	36.01
Accounts Receivable, 3 Yr. CAGR %	140.48	28.38	29.89	-38.4	-3.6
Inventory, 3 Yr. CAGR %	-	-	-	-74.19	-
Net Property, Plant and Equip., 3 Yr. CAGR %	56.38	3.32	42.03	39.41	36.82
Total Assets, 3 Yr. CAGR %	51.43	33.05	22.3	-3.99	-10.62
Tangible Book Value, 3 Yr. CAGR %	12.26	30.15	9.33	20.77	-13.22
Common Equity, 3 Yr. CAGR %	38.6	41.95	18.19	1.58	-20.14
Cash From Operations, 3 Yr. CAGR %	23.86	54	-7.38	37.5	4.86
Capital Expenditures, 3 Yr. CAGR %	9	-19.14	102.64	113.61	2.52
Levered Free Cash Flow, 3 Yr. CAGR %	42.12	70.16	15.76	-10.67	-3.18
Unlevered Free Cash Flow, 3 Yr. CAGR %	42.12	70.12	15.65	-10.86	-3.23
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	36.86	39.18	15.02	8.72	10.46
Gross Profit, 5 Yr. CAGR %	28.4	17.06	8.71	6.27	10.59
EBITDA, 5 Yr. CAGR %	77.23	50.05	18.65	31.73	19.92
EBITA, 5 Yr. CAGR %	83.8	55.61	22.08	35.8	19.77
EBIT, 5 Yr. CAGR %	77.17	48.05	7.19	35.68	20.17
Earnings From Cont. Operations, 5 Yr. CAGR %	76.21	43.01	-19.48	-13.03	20.46
Net Income, 5 Yr. CAGR %	-52.69	71.14	-13.75	-13.03	14.99
Normalized Net Income, 5 Yr. CAGR %	23.91	79.52	21.09	34.3	20.65
Diluted EPS Before Extra, 5 Yr. CAGR %	-70.42	38.35	-19.46	-11.81	17.91
Accounts Receivable, 5 Yr. CAGR %	95.36	30.07	24.03	14.87	18.12
Net Property, Plant and Equip., 5 Yr. CAGR %	48.67	42.4	59.82	23.39	22.98
Total Assets, 5 Yr. CAGR %	56.16	39.33	27.92	15.94	5.67
Tangible Book Value, 5 Yr. CAGR %	32.22	32.77	17.56	15.27	0.53
Common Equity, 5 Yr. CAGR %	50.04	42.05	26.02	16.09	0.03
Cash From Operations, 5 Yr. CAGR %	37.49	58.39	19.21	29.51	13.5
Capital Expenditures, 5 Yr. CAGR %	5.7	2.81	32.76	46.33	16.68
Levered Free Cash Flow, 5 Yr. CAGR %	63.38	70.7	35.7	10.35	13.43
Unlevered Free Cash Flow, 5 Yr. CAGR %	63.38	70.68	35.62	10.21	13.38