CarGurus (CARG) Operating Leases (2018 - 2026)
CarGurus (CARG) reported Operating Leases of $175.3 million for Q2 2026, down 5.8% from $186.04 million a year earlier and down 1.7% from the prior quarter.
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Analysis
CarGurus (CARG) Operating Leases (2018 - 2026) Analysis & Trends
At the end of FY2025, CarGurus posted Operating Leases of $181.36 million, down 1.3% from FY2024.
- Operating Leases has a five-year compound annual growth rate of 25.3% (FY2020 to FY2025).
- By year, Operating Leases came in at $183.74 million in FY2024 (+0.9%), $182.11 million in FY2023 (+252.5%), $51.66 million in FY2022 (-10.2%) and $57.52 million in FY2021 (-2.2%).
- The Q2 2026 figure ranks as the lowest quarterly Operating Leases since Q4 2022.
- Year over year, Operating Leases has now declined in each of the last three quarters, with an average decline of 1.3% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was Q3 2023 (growth of 262.9%); the low point was Q1 2022 (a decline of 20.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $178.37 million (Q1 2026), $181.36 million (Q4 2025) and $183.94 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,185.47 Bn | 3,943.00 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,794.56 Bn | 1,497.08 Bn | 49.47 Bn |
| 3 | Netflix | 292.71 Bn | 252.90 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 251.74 Bn | 65.51 Bn | 15.11 Bn |
| 5 | Shopify | 221.57 Bn | 198.76 Bn | 1.71 Bn |
| 6 | Uber Technologies | 142.45 Bn | 114.25 Bn | 6.38 Bn |
| 7 | Booking Holdings | 124.83 Bn | 57.88 Bn | - |
| 8 | PDD Holdings | 113.76 Bn | -130.01 Bn | 9.45 Bn |
| 9 | Spotify Technology | 106.73 Bn | 64.23 Bn | 1.86 Bn |
| 10 | CarGurus | 2.79 Bn | 2.23 Bn | 231.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 175.30 Mn |
| 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 |
API Access
CarGurus Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=CARG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "CARG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=CARG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();