CarGurus (CARG) Operating Margin (2016 - 2026)
CarGurus (CARG) posted quarterly Operating Margin of 16.46% for Q1 2026, down 741.0% year-over-year from 2.57% in Q1 2025, and down 66.71% quarter-over-quarter from 49.43% in Q4 2025.
CarGurus (CARG) Operating Margin (2016 - 2026) Analysis & Trends
CarGurus' Operating Margin history runs 11 years deep, the most recent figure standing at 16.46% for Q1 2026.
- In Q1 2026, Operating Margin fell 741.0% year-over-year to 16.46%; the TTM figure through Mar 2026 stood at 25.45% (up 339.0% YoY), while the FY2025 annual figure was 26.95%, up 726.0% from the prior year.
- Operating Margin for Q1 2026 stood at 16.46%, down from 49.43% in the prior quarter.
- The five-year high for Operating Margin was 896.15% in Q4 2023, with the low at 47.78% in Q2 2024.
- The 5-year median for Operating Margin is 11.19% (2025), against an average of 67.41%.
- The sharpest annual moves came in 2023 and 2024: Operating Margin surged 88582 bps in 2023, then plunged 80244 bps in 2024.
- CarGurus' Operating Margin stood at 10.33% in 2022, then jumped by 8575 bps to 896.15% in 2023, then slumped by 90 bps to 93.71% in 2024, then tumbled by 47 bps to 49.43% in 2025, then plunged by 67 bps to 16.46% in 2026.
- Business Quant data shows CARG's Operating Margin at 16.46% in Q1 2026, 49.43% in Q4 2025, and 23.6% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 78.07 Bn | 78.06 Bn | - | - |
| 2 | Carvana | 51.62 Bn | 48.87 Bn | 1.38 Bn | 9.22% |
| 3 | Penske Automotive | 14.25 Bn | 14.18 Bn | 1.36 Bn | 3.97% |
| 4 | Lithia Motors | 8.52 Bn | 8.16 Bn | 1.50 Bn | 4.58% |
| 5 | Carmax | 8.26 Bn | 7.67 Bn | 854.41 Mn | 2.74% |
| 6 | Autonation | 6.97 Bn | 6.91 Bn | 1.23 Bn | 4.60% |
| 7 | Rush Enterprises Inc \Tx\ | 6.35 Bn | 6.09 Bn | 361.67 Mn | 5.12% |
| 8 | Autozi Internet Technology (Global) | 6.17 Bn | 5.99 Bn | - | - |
| 9 | Valvoline | 4.21 Bn | 4.13 Bn | 214.90 Mn | 20.60% |
| 10 | CarGurus | 3.26 Bn | 3.14 Bn | 231.10 Mn | 25.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 25.10% |
| Mar 31, 2026 | 16.46% |
| Dec 31, 2025 | 49.43% |
| Sep 30, 2025 | 23.60% |
| Jun 30, 2025 | 11.19% |
| Mar 31, 2025 | 23.87% |
| Dec 31, 2024 | 93.71% |
| Sep 30, 2024 | 13.41% |
| Jun 30, 2024 | -47.78% |
| Mar 31, 2024 | 14.03% |
| Dec 31, 2023 | 896.15% |
| Sep 30, 2023 | 10.53% |
| Jun 30, 2023 | 7.40% |
| Mar 31, 2023 | 6.06% |
| Dec 31, 2022 | 10.33% |
| Sep 30, 2022 | 6.72% |
| Jun 30, 2022 | 4.60% |
| Mar 31, 2022 | 6.19% |
| Dec 31, 2021 | 12.94% |
| Sep 30, 2021 | 17.98% |