CarGurus

CARG

Market cap $3.37B

CarGurus delivered a strong Q3 beat and guidance raise, driving a post-earnings rally and presenting an attractive entry point for investors. CARG benefits from its dominant position as the top U.S. used car marketplace, expanding software offerings, and supportive macro trends boosting dealer demand. The company is refocusing on its high-margin marketplace business, achieving ~90% gross margins and robust adjusted EBITDA growth, while trading at compelling valuation multiples.

CarGurus, Inc. ( CARG ) Q3 2025 Earnings Call November 6, 2025 5:00 PM EST Company Participants Kirndeep Singh - VP & Head of Investor Relations Jason Trevisan - CEO, CFO, Principal Accounting Officer & Director Samuel Zales - COO & President Conference Call Participants Christopher Pierce - Needham & Company, LLC, Research Division Marvin Fong - BTIG, LLC, Research Division Vincent Kardos - Jefferies LLC, Research Division Jamesmichael Sherman-Lewis - Citigroup Inc., Research Division Ryan James Powell - B. Riley Securities, Inc., Research Division Rajat Gupta - JPMorgan Chase & Co, Research Division Presentation Operator Good day, and welcome to the CarGurus earnings call.

CarGurus is looking to double its total addressable market by adding artificial intelligence-powered products that go beyond its existing automotive shopping site. The company's growing range of AI-powered solutions for car dealers will expand its addressable market to include not only the $3.5 billion that U.S.

Although the revenue and EPS for CarGurus (CARG) give a sense of how its business performed in the quarter ended September 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

CarGurus (CARG) came out with quarterly earnings of $0.57 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.45 per share a year ago.

Q3'25 Marketplace revenue grew 14% YoY to $232 million, above the midpoint of our guidance range GAAP Marketplace (U.S. Marketplace Segment and Other) operating income of $64.1 million; Non-GAAP Marketplace (U.S. Marketplace Segment and Other) Adjusted EBITDA of $82.4 million, up 18% YoY, above the midpoint of our guidance range Further advanced our innovative AI-powered solutions with PriceVantage, Dealership Mode, and CG Discover Repurchased $111 million worth of shares in Q3'25; have repurchased 23% of shares outstanding since initiation of buyback program in December 2022 BOSTON, Nov. 06, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced financial results for the third quarter ended September 30, 2025.

CarGurus (CARG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

BOSTON, Oct. 20, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, announced it will issue a press release reporting financial results for the quarter ended September 30, 2025, after the close of the market on November 6, 2025.

CarGurus Q3 2025 analysis shows a two-track market influencing growth, with budget-focused buyers opting for older used vehicles and affluent shoppers fueling new luxury demand BOSTON, Oct. 06, 2025 (GLOBE NEWSWIRE) -- CarGurus (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles1, today released its Q3 2025 Quarterly Review.

As of Sept. 25, 2025, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.