CarGurus (CARG) Net Margin (2016 - 2025)

CarGurus (CARG) posted quarterly Net Margin of 54.01% for Q4 2025, down 12709.0% year-over-year from N/an in Q4 2024, and down 379.78% on a QoQ basis from 19.3% in Q3 2025.

CarGurus (CARG) Net Margin (2016 - 2025) Analysis & Trends

CarGurus (CARG) has reported Net Margin for 10 consecutive years, with 54.01% the latest figure, recorded in Q4 2025.

  • In Q4 2025, Net Margin fell 12709.0% year-over-year to 54.01%; the TTM figure through Mar 2026 stood at 6.73% (down 1942.0% YoY), while the FY2025 annual figure was 21.69%, up 556.0% from the prior year.
  • Net Margin came in at 54.01% for Q4 2025 at CarGurus, down from 19.3% in the prior quarter.
  • The five-year high for Net Margin was 73.08% in Q4 2024, with the low at 325.16% in Q4 2023.
  • Average Net Margin over 5 years is 9.46%, with a median of 10.11% recorded in 2023.
  • Across the five-year window, Net Margin sank 38069 bps in 2023 and surged 39824 bps in 2024, its largest moves.
  • Year by year, Net Margin stood at 23.51% in 2021, then surged by 336 bps to 55.54% in 2022, then tumbled by 685 bps to 325.16% in 2023, then soared by 122 bps to 73.08% in 2024, then tumbled by 174 bps to 54.01% in 2025.
  • According to Business Quant data, Net Margin over the past three periods registered 54.01%, 19.3%, and 10.06% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 6.30%
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 2.99%
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 2.32%
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 1.10%
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 3.13%
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 3.87%
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn -0.10%
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 4.57%
10 CarGurus 2.67 Mn -69.38 Mn 224.62 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 -54.01%
Sep 30, 2025 19.30%
Jun 30, 2025 10.06%
Mar 31, 2025 -1.43%
Dec 31, 2024 73.08%
Sep 30, 2024 11.00%
Jun 30, 2024 -35.09%
Mar 31, 2024 11.37%
Dec 31, 2023 -325.16%
Sep 30, 2023 10.16%
Jun 30, 2023 6.85%
Mar 31, 2023 6.95%
Dec 31, 2022 55.54%
Sep 30, 2022 25.08%
Jun 30, 2022 -2.02%
Mar 31, 2022 -14.42%
Dec 31, 2021 -23.51%
Sep 30, 2021 13.10%
Jun 30, 2021 12.58%
Mar 31, 2021 11.41%