CarGurus (CARG) Cost of Revenue (2016 - 2026)

CarGurus (CARG) has reported Cost of Revenue for 11 consecutive years, with $18.9 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue fell 77.37% year-over-year to $18.9 million; the TTM figure through Mar 2026 stood at $334.4 million (up 1202.06% YoY), while the FY2025 annual figure was $340.9 million, up 384.56% from the prior year.
• Cost of Revenue came in at $18.9 million for Q1 2026 at CarGurus, down from $260.6 million in the prior quarter.
• The five-year high for Cost of Revenue was $260.6 million in Q4 2025, with the low at -$511.1 million in Q4 2022.
• Average Cost of Revenue over 5 years is $22.4 million, with a median of $55.1 million recorded in 2023.
• The largest YoY upside for Cost of Revenue was 264.85% in 2022 against a maximum downside of 670.14% in 2022.
• Year by year, Cost of Revenue stood at -$511.1 million in 2022, then jumped by 71.45% to -$145.9 million in 2023, then fell by 20.26% to -$175.5 million in 2024, then jumped by 248.53% to $260.6 million in 2025, then tumbled by 92.73% to $18.9 million in 2026.
• According to Business Quant data, Cost of Revenue over the past three periods registered $18.9 million, $260.6 million, and $25.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.