KPIs & Operating Metrics(New)
Growth Metrics

CarGurus (CARG) Operating Income (2016 - 2026)

CarGurus has reported Operating Income over the past 10 years, most recently at -$72.2 million for Q4 2025.

  • For Q4 2025, Operating Income fell 136.64% year-over-year to -$72.2 million; the TTM value through Dec 2025 reached $53.1 million, down 66.21%, while the annual FY2025 figure was $53.1 million, 66.21% down from the prior year.
  • Operating Income for Q4 2025 was -$72.2 million at CarGurus, down from $54.7 million in the prior quarter.
  • Over five years, Operating Income peaked at $197.0 million in Q4 2024 and troughed at -$93.6 million in Q2 2024.
  • A 5-year average of $29.4 million and a median of $27.0 million in 2022 define the central range for Operating Income.
  • Biggest five-year swings in Operating Income: soared 341.81% in 2021 and later tumbled 627.59% in 2024.
  • Year by year, Operating Income stood at $43.9 million in 2021, then plummeted by 32.56% to $29.6 million in 2022, then surged by 120.91% to $65.4 million in 2023, then soared by 201.07% to $197.0 million in 2024, then tumbled by 136.64% to -$72.2 million in 2025.
  • Business Quant data shows Operating Income for CARG at -$72.2 million in Q4 2025, $54.7 million in Q3 2025, and $24.8 million in Q2 2025.