KPIs & Operating Metrics(New)
Growth Metrics

CarGurus (CARG) Operating Margin (2016 - 2025)

CarGurus (CARG) has 10 years of Operating Margin data on record, last reported at 29.94% in Q4 2025.

  • For Q4 2025, Operating Margin fell 12364.0% year-over-year to 29.94%; the TTM value through Dec 2025 reached 5.85%, down 1384.0%, while the annual FY2025 figure was 22.02%, 445.0% up from the prior year.
  • Operating Margin reached 29.94% in Q4 2025 per CARG's latest filing, down from 23.6% in the prior quarter.
  • Across five years, Operating Margin topped out at 896.15% in Q4 2023 and bottomed at 47.78% in Q2 2024.
  • Average Operating Margin over 5 years is 55.57%, with a median of 12.07% recorded in 2025.
  • Peak YoY movement for Operating Margin: soared 88582bps in 2023, then crashed -80244bps in 2024.
  • A 5-year view of Operating Margin shows it stood at 12.94% in 2021, then dropped by -20bps to 10.33% in 2022, then surged by 8575bps to 896.15% in 2023, then crashed by -90bps to 93.71% in 2024, then tumbled by -132bps to 29.94% in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Margin were 29.94% in Q4 2025, 23.6% in Q3 2025, and 11.19% in Q2 2025.