KPIs & Operating Metrics(New)
Growth Metrics

CarGurus (CARG) Net Margin (2016 - 2025)

CarGurus (CARG) has 10 years of Net Margin data on record, last reported at 49.9% in Q4 2025.

  • For Q4 2025, Net Margin rose 2808.0% year-over-year to 49.9%; the TTM value through Dec 2025 reached 26.65%, up 2402.0%, while the annual FY2025 figure was 64.66%, 6232.0% up from the prior year.
  • Net Margin reached 49.9% in Q4 2025 per CARG's latest filing, up from 19.48% in the prior quarter.
  • Across five years, Net Margin topped out at 55.54% in Q4 2022 and bottomed at 325.16% in Q4 2023.
  • Average Net Margin over 5 years is 5.48%, with a median of 11.39% recorded in 2024.
  • Peak YoY movement for Net Margin: plummeted -38069bps in 2023, then skyrocketed 34698bps in 2024.
  • A 5-year view of Net Margin shows it stood at 23.51% in 2021, then surged by 336bps to 55.54% in 2022, then plummeted by -685bps to 325.16% in 2023, then surged by 107bps to 21.82% in 2024, then skyrocketed by 129bps to 49.9% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 49.9% in Q4 2025, 19.48% in Q3 2025, and 12.35% in Q2 2025.