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CarGurus (CARG) Operating Expenses (2016 - 2026)

CarGurus has reported Operating Expenses over the past 10 years, most recently at $104.7 million for Q4 2025.

  • For Q4 2025, Operating Expenses rose 1229.42% year-over-year to $104.7 million; the TTM value through Dec 2025 reached $597.1 million, up 4.65%, while the annual FY2025 figure was $597.1 million, 4.65% up from the prior year.
  • Operating Expenses for Q4 2025 was $104.7 million at CarGurus, down from $158.9 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $276.0 million in Q2 2024 and troughed at -$9.3 million in Q4 2024.
  • A 5-year average of $137.1 million and a median of $141.1 million in 2023 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: tumbled 110.57% in 2024 and later skyrocketed 1229.42% in 2025.
  • Year by year, Operating Expenses stood at $135.8 million in 2021, then fell by 20.9% to $107.4 million in 2022, then decreased by 18.31% to $87.8 million in 2023, then plummeted by 110.57% to -$9.3 million in 2024, then skyrocketed by 1229.42% to $104.7 million in 2025.
  • Business Quant data shows Operating Expenses for CARG at $104.7 million in Q4 2025, $158.9 million in Q3 2025, and $179.5 million in Q2 2025.