Skip to main content
CarGurus, Inc. (CARG)
NASDAQ: CARG · Real-Time Price · USD
34.20
+0.67 (2.00%)
At close: Mar 5, 2026, 4:00 PM EST
34.00
-0.20 (-0.58%)
After-hours: Mar 5, 2026, 7:53 PM EST

CarGurus Revenue by Segment
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Marketplace
876.05M 848.40M 821.57M 796.57M 768.67M 742.58M 718.36M 698.29M - - - - - - - - - - - -
Marketplace Growth
13.97% 14.25% 14.37% 14.07% 12.67% 10.89% 8.41% 6.00% - - - - - - - - - - - -
Marketplace Subscription
- - - - - - - - - - - - - - - - - - - 484.98M 492.33M 497.92M 547.07M 526.04M 498.45M 468.84M 437.46M
Marketplace Subscription Growth
- - - - - - - - - - - - - - - - - - - -7.81% -1.23% 6.20% 25.05% 29.64% - - -
Advertising and Other
- - - - - - - - - - - - - - - - - - - 66.47M 65.72M 63.12M 64.27M 62.87M 58.41M 56.68M 53.32M
Advertising and Other Growth
- - - - - - - - - - - - - - - - - - - 5.73% 12.52% 11.36% 20.54% 30.16% - - -
Wholesale
26.12M 35.98M 42.82M 51.22M 63.32M 72.95M 91.79M 100.87M - - - - - - - - - - - -
Wholesale Growth
-58.74% -50.69% -53.35% -49.22% -38.24% -42.93% -46.58% -57.55% - - - - - - - - - - - -
Product
24.25M 34.66M 39.31M 46.61M 56.91M 61.48M 87.91M 115.06M - - - - - - - - - - - -
Product Growth
-57.38% -43.62% -55.29% -59.49% -70.53% -84.13% -85.87% -84.83% - - - - - - - - - - - -

Paying Dealers by Geography
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020
United States Dealers
25.74K 25.48K 25.15K 24.69K 24.56K 24.45K 24.42K
United States Dealers Growth
4.81% 4.22% 3.01% 1.54% 0.79% 0.93% 0.10%
International Dealers
7.93K 7.62K 7.22K 7.32K 7.12K 6.91K 6.76K
International Dealers Growth
11.33% 10.30% 6.85% 10.59% 4.40% 0.42% -2.04%

Average Monthly Sessions by Geography
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019
United States Monthly Sessions
89.03M 84.60M 85.70M 74.60M 80.40M 80.84M 88.30M
United States Monthly Sessions Growth
10.74% 4.65% -2.94% -2.86% -4.17% -4.21% 4.74%
International Monthly Sessions
20.51M 21.30M 22.20M 19.20M 20.40M 20.44M 19.70M
International Monthly Sessions Growth
0.55% 4.21% 12.69% 18.52% 27.50% 19.53% 17.96%

Average Monthly Unique Users by Geography
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019
United States Monthly Unique Users
38.25M 34.10M 35.00M 29.30M 32.30M 30.25M 34.00M
United States Monthly Unique Users Growth
18.42% 12.74% 2.94% - 1.89% -5.18% 6.25%
International Monthly Unique Users
10.18M 10.20M 10.60M 9.10M 9.90M 8.91M 8.60M
International Monthly Unique Users Growth
2.78% 14.50% 23.26% 30.00% 41.43% 20.38% 19.44%

QARSD by Geography
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020
United States QARSD
7.74K 7.53K 7.37K 7.34K 7.18K 6.94K 6.70K
United States QARSD Growth
7.87% 8.51% 9.95% 12.32% 13.34% 13.62% 12.77%
International QARSD
2.38K 2.31K 2.07K 2.07K 2.06K 1.94K 1.88K
International QARSD Growth
15.46% 19.33% 10.15% 16.86% 19.52% 20.19% 21.42%

Operating Expense Breakdown
Period Ending Sep 30, 2025Jun 30, 2025Mar 31, 2025Dec 31, 2024Sep 30, 2024Jun 30, 2024Mar 31, 2024Dec 31, 2023Sep 30, 2023Jun 30, 2023Mar 31, 2023Dec 31, 2022Sep 30, 2022Jun 30, 2022Mar 31, 2022Dec 31, 2021Sep 30, 2021Jun 30, 2021Mar 31, 2021Dec 31, 2020Sep 30, 2020Jun 30, 2020Mar 31, 2020Dec 31, 2019Sep 30, 2019Jun 30, 2019Mar 31, 2019Dec 31, 2018
Sales and Marketing
336.87M 328.72M 326.69M 322.25M 319.63M 315.24M 310.77M 304.07M
Sales and Marketing Growth
5.39% 4.28% 5.12% 5.98% 6.38% 2.71% -4.29% -9.69%
Research and Development
142.88M 142.93M 145.14M 144.43M 145.22M 144.30M 145.11M 146.17M
Research and Development Growth
-1.61% -0.95% 0.02% -1.19% 3.00% 6.29% 11.86% 18.10%
General and Administrative
110.69M 110.41M 110.78M 112.07M 159.35M 156.07M 155.90M 152.76M
General and Administrative Growth
-30.54% -29.25% -28.94% -26.64% 102.19% 166.02% 140.17% 108.92%
Depreciation and Amortization
17.98M 15.60M 13.70M 12.29M 11.42M 13.13M 14.81M 15.83M
Depreciation and Amortization Growth
57.44% 18.82% -7.47% -22.40% -27.27% -15.34% -4.11% 2.25%
Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.