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
DateValue
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