CarGurus, Inc.

CARG · XNAS

CIK 1494259fmd_1202HMHGN652RMTPXKTZ7W5VRAServices · Services-Computer Processing & Data PreparationTemplate: Standard

Coverage: Jan 01, 2015 to Sep 30, 2026, 44 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	198	317	454	589	551	951	1,655	698	798	907
Cost of revenue	–	–	25	36	43	294	997	62	70	65
Gross profit	189	299	429	553	509	657	658	637	728	842
Realized investment gains (losses)	0	0	0	0	0	0	–	–	–	–
Research and development	11	22	48	69	86	106	124	137	139	138
Selling, general and administrative	167	259	355	444	319	388	410	373	411	442
Total operating expenses	180	284	406	518	411	509	549	516	571	597
Operating income	9	15	23	34	98	148	108	120	157	244
Interest expense	0	0	–	–	–	–	–	–	–	–
Interest and investment income	0	1	2	3	1	0	4	18	12	9
Other non-operating income (expense)	0	1	2	4	1	1	3	19	11	8
Income before taxes	9	16	25	39	99	149	111	139	168	253
Income tax expense	2	3	(40)	(3)	22	39	32	47	40	56
Net income from continuing operations	6	13	65	42	78	110	79	92	129	197
Net income	6	13	65	42	78	109	84	37	21	156
Net income to common shareholders	(26)	7	65	42	78	(0)	194	31	21	156