CarGurus (CARG) Net Margin (2016 - 2025)
CarGurus (CARG) recorded quarterly Net Margin of 54.01% in Q4 2025, down 379.78% quarter-over-quarter from 19.3% in Q3 2025, and down 12709.0% on a YoY basis from N/an in Q4 2024.
CarGurus (CARG) Net Margin (2016 - 2025) Analysis & Trends
CarGurus' Net Margin history runs 10 years deep, the most recent figure standing at 54.01% for 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 was 54.01% for Q4 2025 at CarGurus, down from 19.3% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 73.08% in Q4 2024 to a low of 325.16% in Q4 2023.
- Historically, Net Margin has averaged 9.46% across 5 years, with a median of 10.11% in 2023.
- The sharpest annual moves came in 2023 and 2024: Net Margin plunged 38069 bps in 2023, then surged 39824 bps in 2024.
- A 5-year view of Net Margin shows it stood at 23.51% in 2021, then surged by 336 bps to 55.54% in 2022, then slumped by 685 bps to 325.16% in 2023, then soared by 122 bps to 73.08% in 2024, then slumped by 174 bps to 54.01% in 2025.
- The last three Net Margin figures came in at 54.01% (Q4 2025), 19.3% (Q3 2025), and 10.06% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | -7.31% |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 6.30% |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | -2.03% |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 1.10% |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 3.13% |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 3.87% |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | -0.10% |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 7.12% |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 0.01% |
| 10 | CarGurus | 2.58 Bn | 2.51 Bn | 224.62 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |