CarGurus (CARG) Operating Expenses (2016 - 2026)

CarGurus (CARG) has reported Operating Expenses for 11 consecutive years, with $184.5 million the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Expenses rose 25.34% year-over-year to $184.5 million; the TTM figure through Mar 2026 stood at $627.7 million (up 10.29% YoY), while the FY2025 annual figure was $597.1 million, up 4.65% from the prior year.
• Operating Expenses came in at $184.5 million for Q1 2026 at CarGurus, up from $104.7 million in the prior quarter.
• The five-year high for Operating Expenses was $276.0 million in Q2 2024, with the low at -$9.3 million in Q4 2024.
• Average Operating Expenses over 5 years is $141.8 million, with a median of $147.2 million recorded in 2025.
• Across the five-year window, Operating Expenses tumbled 110.57% in 2024 and jumped 1229.42% in 2025, its largest moves.
• Year by year, Operating Expenses stood at $107.4 million in 2022, then fell by 18.31% to $87.8 million in 2023, then tumbled by 110.57% to -$9.3 million in 2024, then surged by 1229.42% to $104.7 million in 2025, then surged by 76.22% to $184.5 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $184.5 million, $104.7 million, and $158.9 million for Q1 2026, Q4 2025, and Q3 2025 respectively.