CarGurus delivered a strong second quarter in its Marketplace business, with revenue increasing by 14% year-over-year. The company reported a net income of $22.3 million and a non-GAAP Adjusted EBITDA of $77.3 million, up 39% year-over-year. Concurrently, CarGurus announced its strategic decision to wind down the CarOffer transactions business to focus on technology and analytics for smarter sourcing decisions.

CarGurus reported strong first-quarter 2025 results, with total revenue growing 4% year-over-year, driven by a 13% increase in Marketplace revenue. GAAP Net Income saw a significant increase of 83%, and Non-GAAP Adjusted EBITDA was up 32% year-over-year. The company also repurchased a substantial amount of shares.

CarGurus reported Q4 2024 revenue of $228.5 million, up 2% year-over-year. Marketplace revenue increased by 15% YoY, while wholesale and product revenue declined significantly. Net income reached $45.9 million, and adjusted EBITDA improved 25% to $76.4 million. The company highlighted strong international growth and increased adoption of premium services but faces headwinds in the wholesale segment.

CarGurus announced strong Q3 2024 results with Marketplace revenue growth accelerating to 15% YoY and GAAP Net Income up 19% YoY. The company's Board of Directors authorized a $200.0 million share repurchase program for fiscal year 2025.

CarGurus announced its Q2 2024 results, with marketplace revenue up 14% year-over-year, marking the third consecutive quarter of double-digit growth. The company's Non-GAAP Adjusted EBITDA was $55.6 million, a 23% increase year-over-year. CarGurus also repurchased $61 million worth of shares during the quarter.

CarGurus announced positive Q1 2024 results, featuring accelerated marketplace revenue growth driven by double-digit QARSD growth and an increased number of paying dealers. The company's consolidated net income saw a significant increase, and they actively repurchased a substantial amount of shares.

CarGurus announced strong Q4 2023 results, with Marketplace Revenue accelerating to 10% YoY. The acquisition of CarOffer was completed in December, expanding the company's presence in the digital wholesale sector.

CarGurus reported Q3 2023 results with marketplace revenue increasing by 8% year-over-year, driven by the Listings business. The company's GAAP consolidated net income was $19.0 million, and the consolidated Adjusted EBITDA was $48.6 million, exceeding the high-end of the guidance range. The Board of Directors authorized a $250.0 million share repurchase program commencing in 2024, and the company acquired the remaining minority equity interests in CarOffer, LLC.

CarGurus reported a total revenue of $239.7 million, a 53% decrease year-over-year. Marketplace revenue increased by 4% to $171.0 million, while Wholesale revenue decreased by 58% to $32.0 million. GAAP net income was $13.8 million, a 23% decrease year-over-year. The company exceeded its forecasted consolidated adjusted EBITDA guidance, reporting $45.2 million.

CarGurus reported a total revenue of $232.0 million for Q1 2023. GAAP operating income was $14.1 million and GAAP net income attributable to common stockholders was $16.1 million, or $0.10 per fully diluted share. The company's cash and cash equivalents stood at $456.7 million.

CarGurus reported a decrease in total revenue by 16% year-over-year, amounting to $286.7 million. GAAP operating income decreased by 33% to $29.6 million, while non-GAAP operating income decreased significantly by 69% to $23.6 million. GAAP net income attributable to common stockholders was $159.2 million, or $0.20 per fully diluted share, while non-GAAP net income attributable to common stockholders was $26.3 million, or $0.22 per fully diluted share.

CarGurus reported a 91% increase in total revenue to $426.5 million, but GAAP operating income decreased by 28% to $28.7 million. The company is undergoing a transformation to integrate Digital Retail and Digital Wholesale with its core Listings business.

CarGurus reported a significant increase in total revenue, reaching $511.2 million, a 135% increase year-over-year. The company's performance was driven by new dealer acquisitions, re-engagement of returning dealers, operational improvements in the CarOffer business, and the launch of innovative Digital Retail product offerings.

CarGurus reported a substantial increase in total revenue, driven by growth in marketplace, wholesale, and product revenues. The company also saw growth in non-GAAP operating income and consolidated adjusted EBITDA, while making strides in its strategic initiatives.

CarGurus reported a 124% increase in total revenue for Q4 2021, reaching $339.3 million, driven by growth in Marketplace, Wholesale, and Product revenues. GAAP operating income increased by 31% to $43.9 million, and GAAP net income was $34.2 million. The company's transformation into a transaction-enabled marketplace contributed to exceeding forecasted guidance for the quarter and full year.

CarGurus reported a strong Q3 2021, exceeding guidance with a 51% year-over-year increase in total revenue, driven by its evolution into an end-to-end transaction-enabled marketplace, partnerships with dealers, and the provision of a self-selective digital retail journey for consumers.

CarGurus reported a strong second quarter with a 130% year-over-year increase in total revenue, reaching $217.7 million. The company's GAAP operating income was $38.5 million, and GAAP consolidated net income was $27.4 million. CarGurus is becoming a fully integrated transaction-enabled marketplace for consumers and dealers.

CarGurus announced its Q1 2021 financial results, reporting a 9% increase in total revenue to $171.4 million and a GAAP operating income of $25.8 million. The company's performance reflects a stronger, more efficient operation with a strategy focused on the future of car shopping for consumers and dealers.

CarGurus reported Q4 2020 total revenue of $151.6 million, a decrease of 4% year-over-year. GAAP operating income was $33.5 million, and GAAP net income was $25.2 million, or $0.22 per fully diluted share. The company generated $47.9 million in cash from operations and $46.2 million in free cash flow during the quarter.

CarGurus announced its Q3 2020 results, reporting a total revenue of $147.5 million, a slight decrease of 2% year-over-year. GAAP operating income was $43.6 million, and GAAP net income was $32.6 million, or $0.29 per fully diluted share.

CarGurus reported a total revenue of $94.7 million, a decrease of 35% year-over-year. GAAP operating income was $8.7 million, and GAAP net income was $7.1 million, or $0.06 per fully diluted share. The company experienced recovery signs in the second quarter with increased consumer demand in May and June.

CarGurus reported a 17% increase in total revenue, reaching $157.7 million. GAAP operating income was $12.0 million, and GAAP net income was $12.7 million. The company also highlighted its actions to support dealer customers and its focus on innovation and cost management in response to the COVID-19 pandemic.

CarGurus announced its Q4 2019 financial results, reporting a total revenue of $158.2 million, a 25% increase year-over-year. GAAP operating income was $13.6 million, while non-GAAP operating income reached $23.1 million. GAAP net income was $13.2 million, and adjusted EBITDA was $25.1 million.