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

CarGurus' Cost of Revenue history runs 11 years deep, the most recent figure standing at $18.9 million for 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 was $18.9 million for Q1 2026 at CarGurus, down from $260.6 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $260.6 million in Q4 2025 to a low of -$511.1 million in Q4 2022.
• Historically, Cost of Revenue has averaged $22.4 million across 5 years, with a median of $55.1 million in 2023.
• Biggest YoY gain for Cost of Revenue was 264.85% in 2022; the steepest drop was 670.14% in 2022.
• A 5-year view of Cost of Revenue shows it stood at -$511.1 million in 2022, then jumped by 71.45% to -$145.9 million in 2023, then slipped by 20.26% to -$175.5 million in 2024, then jumped by 248.53% to $260.6 million in 2025, then slumped by 92.73% to $18.9 million in 2026.
• The last three Cost of Revenue figures came in at $18.9 million (Q1 2026), $260.6 million (Q4 2025), and $25.2 million (Q3 2025), per Business Quant data.