CarGurus, Inc.(CARG)— Stock Profile, AI Score & Financials
Technology · Nasdaq · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
CarGurus, Inc. (CARG) stock profile, AI quality score, and SEC EDGAR financial data, a Technology sector company. 13F Pro's AI-powered ranking engine scores CARG at 63.2/100 on a 32-signal composite quality model, placing it at rank #651 of 2,961 stocks — the top 25% of the AI-ranked universe. CARG scores in the top quartile across balance sheet strength (98.1), free cash flow (85.9), profitability (80.6). Areas of concern include institutional flow (12.6), which score below median versus the broader universe. Shareholder dilution risk is elevated at 23.4/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), CarGurus, Inc. reports quarterly revenue of $251.0M, net income of $49.2M, an operating margin of 25.1%. Top institutional holders of CARG by reported 13-F value include BlackRock, VANGUARD PORTFOLIO MANAGEMENT, VANGUARD CAPITAL MANAGEMENT, based on the most recent SEC filings. CARG trades on the Nasdaq exchange and files with the SEC under CIK 1494259. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CARG daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CarGurus, Inc. directly from SEC EDGAR.
AI Quality Score
63.2/100
AI Rank
#651
Revenue
$251.0M
Net Income
$49.2M
Free Cash Flow
$94.0M
Operating Margin
25.1%
CARG key financials by period
CarGurus, Inc. reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$907.0M
$155.9M
27.0%
FY 2024
10-K
$798.0M
$21.0M
19.7%
FY 2023
10-K
$698.4M
$36.9M
17.2%
FY 2022
10-K
$1.7B
$84.4M
6.6%
FY 2021
10-K
$951.4M
$109.2M
15.6%
FY 2020
10-K
$551.5M
$77.6M
17.7%
Institutions holding CARG
Institutional investors reporting a position in CarGurus, Inc. on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-08-06 — Q2 2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Revenue rose 13% to $251.0 million on dealer subscription growth, with net income from continuing operations roughly flat at $49.2 million as sales and marketing spend jumped 18%.
Biggest Revenue Drivers
U.S.$226.3Mvs $202.7M prior year
Growth in QARSD from signing new dealers at market rates and adoption of add-on products, tier upgrades, and price increases
International$24.7Mvs $19.3M prior year
International paying dealers grew to 8,478 from 7,617 and QARSD rose to $2,568 from $2,309
Biggest Revenue Drivers
Total revenue: $251.0M+13% YoY
U.S.$226.3Mvs $202.7M prior year
Growth in QARSD from signing new dealers at market rates and adoption of add-on products, tier upgrades, and price increases
International$24.7Mvs $19.3M prior year
International paying dealers grew to 8,478 from 7,617 and QARSD rose to $2,568 from $2,309
Largest Expense Items
Sales and marketing$97.6M+18% YoY
$10.2M increase in marketing and advertising for performance marketing vendors and brand campaigns; $4.0M higher employee-related expense
Product, technology, and development$38.1M+13% YoY
$2.1M employee-related increase from headcount and merit, plus $1.2M each in professional services and software expense
General and administrative$28.2M+12% YoY
$2.4M increase in employee-related expenses from headcount, merit increases, and new stock-based compensation grants
Cost of revenue$19.9M+27% YoY
$2.2M more amortization from new capitalized website development and $1.2M higher data center and hosting costs
Margins: Gross margin slipped to 92% from 93% as cost of revenue rose to 8% of revenue. Operating income margin fell to 25% from 27% on higher sales and marketing spend.
Watch Items from the Filing
Sales and marketing rose to 39% of revenue from 37%, outpacing 13% revenue growth and compressing operating margin.
International monthly unique users fell to 8,922K from 10,237K and sessions to 19,457K from 21,294K, partly reflecting new U.K. cookie-consent tracking.
Cash fell to $122.1M from $190.5M after $204.2M of buybacks; only $45.8M remains under the 2026 authorization.
A payment processor for several hundred dealer accounts represented 10.9% of net trade accounts receivable; no customer exceeded 10% of revenue.
Revolver commitments cut from $400.0M to $200.0M on August 6, 2026, with maturity extended to August 6, 2031.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
