KPIs & Operating Metrics(New)
Growth Metrics

CarGurus (CARG) Gross Margin (2016 - 2025)

Historic Gross Margin for CarGurus (CARG) over the last 10 years, with Q3 2025 value amounting to 89.46%.

  • CarGurus' Gross Margin rose 105500.0% to 89.46% in Q3 2025 from the same period last year, while for Sep 2025 it was 88.15%, marking a year-over-year increase of 85000.0%. This contributed to the annual value of 82.62% for FY2024, which is 113600.0% up from last year.
  • As of Q3 2025, CarGurus' Gross Margin stood at 89.46%, which was up 105500.0% from 87.33% recorded in Q2 2025.
  • CarGurus' Gross Margin's 5-year high stood at 89.46% during Q3 2025, with a 5-year trough of 35.36% in Q3 2022.
  • Its 5-year average for Gross Margin is 70.13%, with a median of 75.31% in 2023.
  • Per our database at Business Quant, CarGurus' Gross Margin plummeted by -437200bps in 2022 and then surged by 395200bps in 2023.
  • Quarter analysis of 5 years shows CarGurus' Gross Margin stood at 52.97% in 2021, then decreased by -10bps to 47.79% in 2022, then skyrocketed by 58bps to 75.31% in 2023, then grew by 16bps to 87.07% in 2024, then grew by 3bps to 89.46% in 2025.
  • Its Gross Margin was 89.46% in Q3 2025, compared to 87.33% in Q2 2025 and 88.7% in Q1 2025.