CarGurus Inc
NASDAQ:CARG

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CarGurus Inc
NASDAQ:CARG
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Price: 36.54 USD 1.73% Market Closed
Market Cap: 3.8B USD
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Income Statement

Earnings Waterfall
CarGurus Inc

Revenue
889m USD
Cost of Revenue
-171.2m USD
Gross Profit
717.7m USD
Operating Expenses
-635.6m USD
Operating Income
82.1m USD
Other Expenses
-130.8m USD
Net Income
-48.7m USD

Income Statement
CarGurus Inc

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Income Statement
Currency: USD
Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024
Revenue
Revenue
198
N/A
227
+14%
257
+14%
287
+12%
317
+10%
348
+10%
383
+10%
419
+9%
454
+8%
491
+8%
526
+7%
557
+6%
589
+6%
611
+4%
561
-8%
558
-1%
552
-1%
565
+2%
688
+22%
764
+11%
951
+25%
1 211
+27%
1 504
+24%
1 708
+14%
1 655
-3%
1 456
-12%
1 185
-19%
978
-17%
914
-7%
898
-2%
877
-2%
889
+1%
Gross Profit
Cost of Revenue
(10)
(11)
(13)
(15)
(18)
(20)
(22)
(23)
(25)
(27)
(30)
(33)
(36)
(40)
(42)
(42)
(43)
(55)
(96)
(146)
(294)
(519)
(792)
(1 007)
(998)
(826)
(578)
(357)
(263)
(227)
(187)
(171)
Gross Profit
189
N/A
215
+14%
244
+13%
272
+11%
299
+10%
329
+10%
361
+10%
395
+10%
429
+9%
464
+8%
496
+7%
524
+6%
553
+5%
571
+3%
520
-9%
516
-1%
509
-1%
510
+0%
593
+16%
618
+4%
657
+6%
692
+5%
712
+3%
700
-2%
658
-6%
631
-4%
607
-4%
620
+2%
651
+5%
671
+3%
690
+3%
718
+4%
Operating Income
Operating Expenses
(180)
(201)
(224)
(252)
(284)
(313)
(348)
(379)
(406)
(440)
(472)
(497)
(518)
(532)
(476)
(438)
(411)
(398)
(451)
(480)
(509)
(543)
(578)
(577)
(549)
(535)
(517)
(536)
(619)
(627)
(629)
(636)
Selling, General & Administrative
(167)
(186)
(207)
(232)
(259)
(283)
(310)
(334)
(355)
(382)
(408)
(427)
(444)
(451)
(389)
(349)
(319)
(298)
(338)
(353)
(388)
(420)
(457)
(458)
(410)
(390)
(366)
(379)
(457)
(467)
(471)
(479)
Research & Development
(12)
(13)
(15)
(17)
(23)
(28)
(35)
(42)
(48)
(55)
(60)
(65)
(70)
(77)
(81)
(84)
(86)
(88)
(94)
(99)
(106)
(112)
(116)
(119)
(124)
(130)
(136)
(141)
(146)
(145)
(144)
(145)
Depreciation & Amortization
(2)
(2)
(2)
(2)
(3)
(3)
(3)
(3)
(3)
(3)
(4)
(4)
(5)
(5)
(5)
(6)
(6)
(12)
(20)
(28)
(14)
(22)
(17)
(12)
(16)
(15)
(15)
(16)
(16)
(15)
(13)
(11)
Other Operating Expenses
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
11
12
12
0
0
0
0
0
0
0
0
Operating Income
9
N/A
15
+70%
20
+39%
20
-2%
15
-23%
15
+1%
13
-13%
16
+22%
23
+41%
24
+4%
24
-2%
28
+16%
34
+25%
39
+13%
44
+13%
78
+77%
98
+26%
112
+14%
141
+27%
138
-2%
148
+8%
149
+1%
134
-10%
123
-8%
109
-12%
96
-12%
90
-6%
85
-6%
33
-61%
45
+37%
61
+36%
82
+35%
Pre-Tax Income
Interest Income Expense
0
0
0
0
1
0
1
2
2
3
3
3
3
3
2
2
1
0
0
0
0
0
0
0
4
8
12
17
18
19
17
14
Non-Reccuring Items
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(127)
(144)
Total Other Income
0
0
0
0
0
0
0
0
0
1
1
1
1
1
1
1
0
0
0
0
1
1
0
0
(1)
(0)
0
(1)
1
(1)
(0)
1
Pre-Tax Income
9
N/A
15
+69%
21
+37%
20
-2%
16
-22%
16
+1%
15
-8%
18
+24%
26
+40%
28
+9%
28
-1%
32
+15%
39
+22%
42
+9%
47
+11%
80
+70%
99
+24%
112
+13%
142
+26%
138
-3%
149
+8%
150
+0%
135
-10%
123
-8%
111
-10%
103
-7%
102
-1%
101
-2%
52
-49%
63
+22%
(50)
N/A
(47)
+6%
Net Income
Tax Provision
(2)
(5)
(6)
(6)
(3)
(1)
29
37
40
44
17
10
3
(0)
(4)
(15)
(22)
(28)
(37)
(37)
(39)
(40)
(34)
(33)
(32)
(31)
(34)
(33)
(30)
(31)
(1)
(0)
Income from Continuing Operations
7
10
14
15
13
15
44
55
65
72
45
42
42
42
43
66
78
85
105
102
110
110
100
90
79
72
68
68
22
31
(51)
(48)
Income to Minority Interest
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
3
4
3
(111)
(194)
(223)
(135)
115
200
231
146
15
11
8
5
Net Income (Common)
(26)
N/A
(24)
+6%
(22)
+7%
(22)
+0%
7
N/A
11
+54%
42
+289%
55
+30%
65
+18%
72
+11%
45
-38%
42
-8%
42
+1%
42
+0%
43
+3%
66
+51%
78
+18%
87
+13%
108
+24%
105
-3%
(0)
N/A
(85)
-42 200%
(123)
-45%
(45)
+63%
194
N/A
272
+40%
299
+10%
214
-28%
31
-85%
36
+17%
(49)
N/A
(49)
+0%
EPS (Diluted)
-0.24
N/A
-0.22
+8%
-0.2
+9%
-0.2
N/A
0.07
N/A
0.11
+57%
0.38
+245%
0.49
+29%
0.57
+16%
0.63
+11%
0.39
-38%
0.36
-8%
0.37
+3%
0.37
N/A
0.38
+3%
0.58
+53%
0.68
+17%
0.76
+12%
0.9
+18%
0.88
-2%
0
N/A
-0.71
N/A
-1.03
-45%
-0.34
+67%
1.51
N/A
2.34
+55%
2.6
+11%
1.87
-28%
0.27
-86%
0.32
+19%
-0.48
N/A
-0.47
+2%

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