11 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $907M | $156M | 92.8% | 27.0% | $289M | $0 | $191M |
| 2024 | $798M | $21M | 91.2% | 19.7% | $180M | $0 | $304M |
| 2023 | $698M | $22M | 91.2% | 17.2% | $100M | $0 | $291M |
| 2022 | $1.7B | $79M | 39.7% | 6.6% | $250M | $0 | $470M |
| 2021 | $951M | $110M | 69.1% | 15.6% | $91M | $0 | $232M |
| 2020 | $551M | $78M | 92.3% | 17.7% | $154M | — | $190M |
| 2019 | $589M | $42M | 93.8% | 5.8% | $59M | — | $60M |
| 2018 | $454M | $65M | 94.5% | 5.1% | $46M | — | $35M |
| 2017 | $317M | $13M | 94.4% | 4.8% | $21M | — | $88M |
| 2016 | $198M | $6M | 95.2% | 4.3% | $14M | — | $29M |
| 2015 | — | -$2M | — | — | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $244M | $32M | 92.2% | 16.5% | $69M | $0 | $72M |
| Dec '25 | $241M | $50M | 92.3% | 49.4% | $82M | $0 | $191M |
| Sep '25 | $232M | $45M | 92.7% | 23.6% | $70M | $0 | $179M |
| Jun '25 | $222M | $22M | 92.9% | 11.2% | $72M | $0 | $231M |
| Mar '25 | $212M | $39M | 93.2% | 23.9% | $66M | $0 | $173M |
| Dec '24 | $210M | $46M | 93.3% | 93.7% | $66M | $0 | $304M |
| Sep '24 | $205M | $23M | 87.7% | 13.4% | $46M | $0 | $247M |
| Jun '24 | $196M | -$69M | 92.2% | -47.8% | $46M | $0 | $216M |
| Mar '24 | $216M | $21M | 81.1% | 12.2% | $23M | $0 | $246M |
| Dec '23 | $223M | -$18M | 75.3% | -10.0% | -$13M | $0 | $291M |
| Sep '23 | $219M | $22M | 74.9% | 10.5% | $22M | $0 | $355M |
| Jun '23 | $240M | $16M | 68.5% | 7.4% | $27M | $0 | $363M |
| Mar '23 | $232M | $16M | 66.8% | 6.1% | $64M | $0 | $457M |
| Dec '22 | $287M | $25M | 47.8% | 10.3% | $94M | $0 | $470M |
| Sep '22 | $426M | $20M | 35.4% | 6.7% | $72M | $0 | $404M |
| Jun '22 | $511M | $19M | 36.7% | 4.6% | -$7M | — | $338M |
| Mar '22 | $431M | $20M | 42.2% | 6.2% | $92M | — | $315M |
| Dec '21 | $339M | $30M | 53.0% | 12.9% | -$40M | $0 | $232M |
| Sep '21 | $223M | $29M | 73.1% | 18.0% | $53M | — | $231M |
| Jun '21 | $218M | $28M | 76.9% | 17.7% | $34M | — | $185M |
How the market has priced CARG against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Cargurus, Inc.'s revenue has grown 10.5% per year, and net income grown 15.0% per year. These are computed facts, not advice.
As of FY2025, Cargurus, Inc. reported $0 of total debt against $191M of cash.
In FY2025, gross margin was 92.8%, operating margin 27.0%, and net margin 17.2%.
As of Jun '26, Cargurus, Inc. traded at a price-to-earnings ratio of about 18.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.