CarGurus (CARG) Tax Provisions (2016 - 2026)
CarGurus (CARG) recorded quarterly Tax Provisions of $8.9 million in Q1 2026, up 346.47% quarter-over-quarter from $2.0 million in Q4 2025, and down 21.79% on a YoY basis from $11.4 million in Q1 2025.
CarGurus (CARG) Tax Provisions (2016 - 2026) Analysis & Trends
CarGurus' Tax Provisions history runs 11 years deep, the most recent figure standing at $8.9 million for 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 was $8.9 million for Q1 2026 at CarGurus, up from $2.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $53.0 million in Q4 2024 to a low of -$21.7 million in Q2 2024.
- Historically, Tax Provisions has averaged $11.0 million across 5 years, with a median of $8.4 million in 2024.
- The sharpest annual moves came in 2023 and 2024: Tax Provisions surged 377.94% in 2023, then slumped 352.32% in 2024.
- A 5-year view of Tax Provisions shows it stood at $9.3 million in 2022, then jumped by 377.94% to $44.7 million in 2023, then advanced by 18.69% to $53.0 million in 2024, then tumbled by 96.23% to $2.0 million in 2025, then soared by 346.47% to $8.9 million in 2026.
- The last three Tax Provisions figures came in at $8.9 million (Q1 2026), $2.0 million (Q4 2025), and $11.8 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | 5.50 Mn |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 36.00 Mn |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | 10.00 Mn |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 40.00 Mn |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 70.30 Mn |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 13.71 Mn |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 14.20 Mn |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 16.40 Mn |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 40.60 Mn |
| 10 | CarGurus | 2.58 Bn | 2.51 Bn | 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 |