The Tip Desk

CarGurus, Inc.

Company Stats

Market Cap
$2.8B
as of Sep 30, 2026
Shares Outstanding
89.1M
Free Float
78.7%

Income Statement

Revenue
$907.0M
Operating Income
$244.4M
Net Income
$155.9M
EBITDA
$272.8M
Non-cash Impairment
$32.6M
Revenue Growth, 3Y
-18.2%
FCF Margin, 3Y Avg
22.9%
FCF Margin, Worst Year
14.3%

Cash Flow

Free Cash Flow
$288.9M
FCF Yield
10.4%
Owner FCF Yield
8.6%

Balance Sheet

Cash & Equivalents
$190.5M

Returns & Capital

Share Repurchases
$351.9M
Buyback Yield, 3Y Avg
8.5%
SBC, 3Y Avg
$58.8M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$907.0M$288.9M31.9%
FY2024$798.0M$180.3M22.6%
FY2023$698.4M$100.0M14.3%
FY2022$1.7B$250.2M15.1%
FY2021$951.4M$90.6M9.5%

Annual filing data through FY ended December 31, 2025; shares and float as of October 30, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage