CarGurus (CARG) Tax Provisions (2016 - 2026)
CarGurus (CARG) posted quarterly Tax Provisions of $8.9 million for Q1 2026, down 21.79% year-over-year from $11.4 million in Q1 2025, and up 346.47% on a QoQ basis from $2.0 million in Q4 2025.
CarGurus (CARG) Tax Provisions (2016 - 2026) Analysis & Trends
CarGurus (CARG) has reported Tax Provisions for 11 consecutive years, with $8.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 21.79% year-over-year to $8.9 million; the TTM figure through Mar 2026 stood at $27.8 million (down 44.65% YoY), while the FY2025 annual figure was $28.4 million, down 39.87% from the prior year.
- Tax Provisions came in at $8.9 million for Q1 2026 at CarGurus, up from $2.0 million in the prior quarter.
- The five-year high for Tax Provisions was $53.0 million in Q4 2024, with the low at -$21.7 million in Q2 2024.
- Average Tax Provisions over 5 years is $11.0 million, with a median of $8.4 million recorded in 2024.
- Across the five-year window, Tax Provisions surged 377.94% in 2023 and tumbled 352.32% in 2024, its largest moves.
- Year by year, Tax Provisions stood at $9.3 million in 2022, then jumped by 377.94% to $44.7 million in 2023, then increased by 18.69% to $53.0 million in 2024, then plunged by 96.23% to $2.0 million in 2025, then soared by 346.47% to $8.9 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $8.9 million, $2.0 million, and $11.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 36.00 Mn |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 88.80 Mn |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 72.93 Mn |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 40.00 Mn |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 70.30 Mn |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 13.71 Mn |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | 14.20 Mn |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 62.80 Mn |
| 10 | CarGurus | 2.67 Mn | -69.38 Mn | 224.62 Mn | 8.92 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.92 Mn |
| Dec 31, 2025 | 2.00 Mn |
| Sep 30, 2025 | 11.85 Mn |
| Jun 30, 2025 | 5.07 Mn |
| Mar 31, 2025 | 11.40 Mn |
| Dec 31, 2024 | 53.03 Mn |
| Sep 30, 2024 | 7.55 Mn |
| Jun 30, 2024 | -21.70 Mn |
| Mar 31, 2024 | 8.38 Mn |
| Dec 31, 2023 | 44.68 Mn |
| Sep 30, 2023 | 8.29 Mn |
| Jun 30, 2023 | 8.60 Mn |
| Mar 31, 2023 | 6.53 Mn |
| Dec 31, 2022 | 9.35 Mn |
| Sep 30, 2022 | 10.03 Mn |
| Jun 30, 2022 | 5.33 Mn |
| Mar 31, 2022 | 7.70 Mn |
| Dec 31, 2021 | 10.43 Mn |
| Sep 30, 2021 | 10.95 Mn |
| Jun 30, 2021 | 11.14 Mn |