CarGurus, Inc. (CARG) stock
CARGNasdaqServices-Computer Processing & Data PreparationFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 20/3026% below fair value
$34.27−0.54 (-1.55%)
Close on Nov 12, 2026Market cap $3.05BP/E 17.3Yield –
CarGurus operating margin
Operating margin is operating income as a percentage of revenue.
CarGurus's operating margin for the twelve months ending Sep 30, 2026 was 24.2%. For fiscal 2025 it was 27.0%, against 19.7% the year before. The highest annual figure on record is 27.0% in fiscal 2025.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 27.0% | +7.3 |
| FY2024 | Dec 31, 2024 | 19.7% | +2.5 |
| FY2023 | Dec 31, 2023 | 17.2% | +10.7 |
| FY2022 | Dec 31, 2022 | 6.6% | −9.0 |
| FY2021 | Dec 31, 2021 | 15.6% | −2.1 |
| FY2020 | Dec 31, 2020 | 17.7% | +11.9 |
| FY2019 | Dec 31, 2019 | 5.8% | +0.7 |
| FY2018 | Dec 31, 2018 | 5.1% | +0.3 |
| FY2017 | Dec 31, 2017 | 4.8% | +0.5 |
| FY2016 | Dec 31, 2016 | 4.3% | +6.9 |
| FY2015 | Dec 31, 2015 | -2.6% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 26.3% | −1.4 |
| Q2 FY2026 | Jun 30, 2026 | 25.1% | −2.2 |
| Q1 FY2026 | Mar 31, 2026 | 16.5% | −7.4 |
| Q4 FY2025 | Dec 31, 2025 | 28.7% | −65.0 |
| Q3 FY2025 | Sep 30, 2025 | 27.7% | +14.3 |
| Q2 FY2025 | Jun 30, 2025 | 27.3% | +75.1 |
| Q1 FY2025 | Mar 31, 2025 | 23.9% | +9.8 |
| Q4 FY2024 | Dec 31, 2024 | 93.7% | −802.4 |
| Q3 FY2024 | Sep 30, 2024 | 13.4% | +2.9 |
| Q2 FY2024 | Jun 30, 2024 | -47.8% | −55.2 |
| Q1 FY2024 | Mar 31, 2024 | 14.0% | +8.0 |
| Q4 FY2023 | Dec 31, 2023 | 896.2% | +885.8 |
| Q3 FY2023 | Sep 30, 2023 | 10.5% | +3.8 |
| Q2 FY2023 | Jun 30, 2023 | 7.4% | +2.8 |
| Q1 FY2023 | Mar 31, 2023 | 6.1% | −0.1 |
| Q4 FY2022 | Dec 31, 2022 | 10.3% | −2.6 |
| Q3 FY2022 | Sep 30, 2022 | 6.7% | −11.3 |
| Q2 FY2022 | Jun 30, 2022 | 4.6% | −13.1 |
| Q1 FY2022 | Mar 31, 2022 | 6.2% | −8.9 |
| Q4 FY2021 | Dec 31, 2021 | 12.9% | −9.1 |
| Q3 FY2021 | Sep 30, 2021 | 18.0% | −11.6 |
| Q2 FY2021 | Jun 30, 2021 | 17.7% | +8.5 |
| Q1 FY2021 | Mar 31, 2021 | 15.1% | +7.4 |
| Q4 FY2020 | Dec 31, 2020 | 22.1% | +13.5 |
| Q3 FY2020 | Sep 30, 2020 | 29.5% | +23.1 |
| Q2 FY2020 | Jun 30, 2020 | 9.2% | +6.7 |
| Q1 FY2020 | Mar 31, 2020 | 7.6% | +2.1 |
| Q4 FY2019 | Dec 31, 2019 | 8.6% | +3.1 |
| Q3 FY2019 | Sep 30, 2019 | 6.4% | +1.5 |
| Q2 FY2019 | Jun 30, 2019 | 2.4% | −1.1 |
| Q1 FY2019 | Mar 31, 2019 | 5.5% | −1.1 |
| Q4 FY2018 | Dec 31, 2018 | 5.5% | +5.4 |
| Q3 FY2018 | Sep 30, 2018 | 4.9% | +1.5 |
| Q2 FY2018 | Jun 30, 2018 | 3.6% | −4.3 |
| Q1 FY2018 | Mar 31, 2018 | 6.6% | −3.0 |
| Q4 FY2017 | Dec 31, 2017 | 0.0% | −7.5 |
| Q3 FY2017 | Sep 30, 2017 | 3.4% | – |
| Q2 FY2017 | Jun 30, 2017 | 7.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 9.5% | – |
| Q4 FY2016 | Dec 31, 2016 | 7.6% | – |
See a number that looks wrong?