CarGurus (CARG) Net Margin (2016 - 2025)
CarGurus (CARG) posted quarterly Net Margin of 59.24% for Q4 2025, down 1384.0% year-over-year from 4.61% in Q4 2024, and up 206.86% quarter-over-quarter from 19.3% in Q3 2025.
CarGurus (CARG) Net Margin (2016 - 2025) Analysis & Trends
CarGurus' Net Margin history runs 10 years deep, the most recent figure standing at 59.24% for Q4 2025.
- In Q4 2025, Net Margin fell 1384.0% year-over-year to 59.24%; the TTM figure through Mar 2026 stood at 22.37% (up 968.0% YoY), while the FY2025 annual figure was 17.19%, up 106.0% from the prior year.
- Net Margin for Q4 2025 stood at 59.24%, up from 19.3% in the prior quarter.
- The five-year high for Net Margin was 514.76% in Q4 2023, with the low at 35.09% in Q2 2024.
- The 5-year median for Net Margin is 11.19% (2024), against an average of 38.2%.
- The sharpest annual moves came in 2023 and 2024: Net Margin soared 45923 bps in 2023, then tumbled 44168 bps in 2024.
- CarGurus' Net Margin stood at 23.51% in 2021, then jumped by 336 bps to 55.54% in 2022, then soared by 827 bps to 514.76% in 2023, then sank by 86 bps to 73.08% in 2024, then decreased by 19 bps to 59.24% in 2025.
- Business Quant data shows CARG's Net Margin at 59.24% in Q4 2025, 19.3% in Q3 2025, and 10.06% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 78.07 Bn | 78.06 Bn | - | - |
| 2 | Carvana | 51.62 Bn | 48.87 Bn | 1.38 Bn | 6.95% |
| 3 | Penske Automotive | 14.25 Bn | 14.18 Bn | 1.36 Bn | 3.07% |
| 4 | Lithia Motors | 8.52 Bn | 8.16 Bn | 1.50 Bn | 2.67% |
| 5 | Carmax | 8.26 Bn | 7.67 Bn | 854.41 Mn | 2.32% |
| 6 | Autonation | 6.97 Bn | 6.91 Bn | 1.23 Bn | 2.63% |
| 7 | Rush Enterprises Inc \Tx\ | 6.35 Bn | 6.09 Bn | 361.67 Mn | 3.84% |
| 8 | Autozi Internet Technology (Global) | 6.17 Bn | 5.99 Bn | - | - |
| 9 | Valvoline | 4.21 Bn | 4.13 Bn | 214.90 Mn | -0.09% |
| 10 | CarGurus | 3.26 Bn | 3.14 Bn | 231.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 59.24% |
| 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 | 514.76% |
| 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% |