CarGurus Income Statement 2025-2011 | CARG

Brief overview of income trends at CarGurus

The comparison covers a five-year financial horizon. According to figures from CarGurus, revenue changed from 551 million dollars to 241 million dollars over five years. Overall revenue changed by −56.3%, equal to an annualized rate of about −15.3%. The decline points to a contraction in the scale of the business.

At the gross-profit level, the result moved from $509 million to $223 million, a change of −56.2%. Direct costs broadly followed the top-line trend. At the margin level, the figure shifted from 92.3% to 92.3%. Gross profitability remained broadly stable.

The five-year EBITDA result moved by +152.7%: from 108 million dollars to 273 million dollars. EBITDA expanded faster than the top line. At the operating-margin level, the figure shifted from 19.6% to 113.1%. Higher profitability strengthens the quality of operating growth.

Net profit was 77.6 million dollars at the start and 156 million dollars at the end. Net income reached a five-year high at the end of the interval.

The five-year change in capitalization reached −22.5%: from $3.6 billion to $2.8 billion. The market has not yet confirmed the improvement in fundamentals.

Overall conclusion

The figures do not all move in the same direction. The constructive conclusion rests on positive operating leverage, a stronger final result and a stable gross margin. The overall view is constrained by declining capitalization and a softer top-line trend. The key question is whether sales can be converted into sustainable profit.