CarGurus (CARG) Free Cash Flow (2016 - 2026)
CarGurus' Free Cash Flow was $94.03 million in Q2 2026, up 31.4% from $71.54 million a year earlier and up 35.4% from the prior quarter.
CarGurus (CARG) Free Cash Flow (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, CarGurus' Free Cash Flow was $315.21 million through Jun 30, 2026, up 26.8% year-over-year; for FY2025, it was $288.9 million, up 60.2% from FY2024.
- Free Cash Flow shows a five-year compound annual growth rate of 13.4% (FY2020 to FY2025).
- In earlier years, Free Cash Flow was $180.32 million in FY2024 (+80.4%), $99.96 million in FY2023 (-60.0%), $250.18 million in FY2022 (+176.2%) and $90.58 million in FY2021 (-41.1%).
- The Q2 2026 figure marks the highest quarterly Free Cash Flow in data going back to Q4 2016.
- Compared with a year earlier, Free Cash Flow has increased for six straight quarters, with growth averaging 66.6% over the last seven quarters.
- The best year-over-year quarter for Free Cash Flow over five years was Q1 2025 (growth of 181.7%); the worst was Q3 2023 (a decline of 69.9%).
- Per Business Quant data, CARG's Free Cash Flow in the three quarters before Q2 2026 was $69.46 million (Q1 2026), $81.92 million (Q4 2025) and $69.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn | -5.86 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn | 1.75 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn | 1.53 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn | 13.31 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn | 654.00 Mn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn | 2.79 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - | 3.64 Bn |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn | 3.77 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn | 971.73 Mn |
| 10 | CarGurus | 2.79 Bn | 2.23 Bn | 231.10 Mn | 94.03 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 94.03 Mn |
| Mar 31, 2026 | 69.46 Mn |
| Dec 31, 2025 | 81.92 Mn |
| Sep 30, 2025 | 69.80 Mn |
| Jun 30, 2025 | 71.54 Mn |
| Mar 31, 2025 | 65.64 Mn |
| Dec 31, 2024 | 65.50 Mn |
| Sep 30, 2024 | 45.91 Mn |
| Jun 30, 2024 | 45.61 Mn |
| Mar 31, 2024 | 23.30 Mn |
| Dec 31, 2023 | -13.02 Mn |
| Sep 30, 2023 | 21.56 Mn |
| Jun 30, 2023 | 27.48 Mn |
| Mar 31, 2023 | 63.95 Mn |
| Dec 31, 2022 | 93.55 Mn |
| Sep 30, 2022 | 71.70 Mn |
| Jun 30, 2022 | -6.90 Mn |
| Mar 31, 2022 | 91.83 Mn |
| Dec 31, 2021 | -39.55 Mn |
| Sep 30, 2021 | 53.47 Mn |
CarGurus Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CARG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "CARG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=CARG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();