CarGurus (CARG) Operating Leases (2018 - 2026)

CarGurus (CARG) recorded quarterly Operating Leases of $178.4 million in Q1 2026, down 1.65% quarter-over-quarter from $181.4 million in Q4 2025, and down 3.82% on a YoY basis from $185.5 million in Q1 2025.

CarGurus (CARG) Operating Leases (2018 - 2026) Analysis & Trends

CarGurus' Operating Leases history runs 9 years deep, the most recent figure standing at $178.4 million for Q1 2026.

  • In Q1 2026, Operating Leases fell 3.82% year-over-year to $178.4 million; the TTM figure through Mar 2026 stood at $178.4 million (down 3.82% YoY), while the FY2025 annual figure was $181.4 million, down 1.29% from the prior year.
  • Operating Leases was $178.4 million for Q1 2026 at CarGurus, down from $181.4 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $194.9 million in Q1 2023 to a low of $51.7 million in Q4 2022.
  • Historically, Operating Leases has averaged $154.1 million across 5 years, with a median of $182.1 million in 2023.
  • The sharpest annual moves came in 2022 and 2023: Operating Leases slipped 20.39% in 2022, then jumped 262.87% in 2023.
  • A 5-year view of Operating Leases shows it stood at $51.7 million in 2022, then soared by 252.54% to $182.1 million in 2023, then gained by 0.9% to $183.7 million in 2024, then slipped by 1.29% to $181.4 million in 2025, then fell by 1.65% to $178.4 million in 2026.
  • The last three Operating Leases figures came in at $178.4 million (Q1 2026), $181.4 million (Q4 2025), and $183.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn
10 CarGurus 2.58 Bn 2.51 Bn 224.62 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 178.37 Mn
Dec 31, 2025 181.36 Mn
Sep 30, 2025 183.94 Mn
Jun 30, 2025 186.04 Mn
Mar 31, 2025 185.46 Mn
Dec 31, 2024 183.74 Mn
Sep 30, 2024 178.91 Mn
Jun 30, 2024 183.73 Mn
Mar 31, 2024 181.05 Mn
Dec 31, 2023 182.11 Mn
Sep 30, 2023 192.11 Mn
Jun 30, 2023 193.18 Mn
Mar 31, 2023 194.93 Mn
Dec 31, 2022 51.66 Mn
Sep 30, 2022 52.94 Mn
Jun 30, 2022 56.11 Mn
Mar 31, 2022 54.36 Mn
Dec 31, 2021 57.52 Mn
Sep 30, 2021 61.01 Mn
Jun 30, 2021 64.72 Mn