CarGurus Income Statement
CARG / Communication Services|11 years of annual SEC 10-K data (FY2015-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 11 fiscal years. All figures from audited SEC 10-K filings.
CarGurus reported $907M in revenue and $156M in net income for FY2025. Revenue has grown at a 24.8% compound annual rate over the past 10 years.
Based on SEC 10-K filings.
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- Altman Z-Score 3.72 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
- Strong return on equity: 40.5%
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $907.0M | $798.0M | $698.4M | $1.7B | $951.4M | $551.5M | $588.9M | $454.1M | $67.0M | $198.1M | $98.6M |
| Cost of Revenue | $65.5M | $70.3M | $61.8M | $997.5M | $294.0M | $42.7M | $36.3M | $24.8M | - | - | - |
| Gross Profit | $841.5M | $727.7M | $636.6M | $657.6M | $657.4M | $508.7M | $552.6M | $429.3M | $299.3M | $188.6M | $94.4M |
| SG&A Expense | $101.4M | $103.2M | $95.0M | $73.1M | $97.7M | $62.2M | $50.4M | $39.5M | $22.7M | $12.8M | $5.8M |
| R&D Expense | $138.3M | $139.0M | $136.8M | $123.8M | $106.4M | $85.7M | $69.5M | $47.9M | $22.5M | $11.5M | $8.2M |
| Operating Income | $244.4M | $157.1M | $120.3M | $108.5M | $148.3M | $97.8M | $34.3M | $23.2M | $15.3M | $8.6M | -$2.5M |
| Interest Expense | - | - | - | - | - | - | - | - | $29.0K | $26.0K | $12.0K |
| Income Tax | $56.1M | $39.6M | $46.7M | $32.4M | $39.0M | $21.6M | -$3.4M | -$39.7M | $2.6M | $2.4M | -$904.0K |
| Net Income | $155.9M | $21.0M | $36.9M | $79.0M | $109.2M | $77.6M | $42.1M | $65.2M | $13.2M | $6.5M | -$1.6M |
| EPS (Basic) | $1.58 | $0.20 | $0.00 | $1.64 | $0.38 | $0.69 | $0.38 | $0.60 | -$0.41 | -$0.58 | -$0.41 |
| EPS (Diluted) | $1.55 | $0.20 | $0.00 | $0.62 | $0.37 | $0.68 | $0.37 | $0.57 | -$0.41 | -$0.58 | -$0.41 |
| Shares Outstanding | 100.4M | 106.3M | 117.1M | 128.2M | 113.4M | 113.8M | 113.4M | 113.4M | 43.1M | 44.1M | 43.1M |
| Gross Margin | 92.8% | 91.2% | 91.1% | 39.7% | 69.1% | 92.3% | 93.8% | 94.5% | 446.4% | 95.2% | 95.7% |
| Operating Margin | 27.0% | 19.7% | 17.2% | 6.6% | 15.6% | 17.7% | 5.8% | 5.1% | 22.8% | 4.3% | -2.6% |
| Profit Margin | 17.2% | 2.6% | 5.3% | 4.8% | 11.5% | 14.1% | 7.2% | 14.3% | 19.7% | 3.3% | -1.7% |