CarGurus, Inc.
Close on Oct 19, 2026
- Market cap
- $2.83B
- P/E (TTM)
- 16.9
- Dividend yield
- –
About CarGurus
Services-Computer Processing & Data Preparation, SIC 7374
CarGurus, Inc. operates an online automotive marketplace connecting car shoppers with automotive dealers. The company provides a two-sided digital platform that enables consumers to research, evaluate, and purchase new and used vehicles using conversational search tools and proprietary deal ratings based on its Instant Market Value algorithm. For dealership clients, the business offers a suite of software solutions across inventory sourcing and pricing, marketing, conversion, and data analytics, including its Sell My Car acquisition tool and PriceVantage software. CarGurus generates revenue through recurring dealer subscription fees, brand and automotive manufacturer advertising, and partnerships with automotive finance providers.
The company operates online marketplaces serving consumers and dealers in the United States, the United Kingdom, and Canada. Additionally, CarGurus maintains its principal executive offices in Boston, Massachusetts. Following the wind-down and abandonment of its CarOffer digital wholesale transactions business at the end of 2025, the company manages and reports its operational activities as a single consolidated business segment.
Summary of the business section of CarGurus's latest annual report, written by StockData.
Company profile
Company
- Legal name
- CarGurus, Inc.
- Founded
- 2006
- Headquarters
- Boston, MA
- Address
- 1001 Boylston Street, 16th Floor 02115
- Phone
- (617) 354-0068
- Website
- www.cargurus.com
- Employees
- 1,218, Dec 31, 2025
- Industry
- Services-Computer Processing & Data Preparation
- Incorporated in
- Delaware
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- CARG
- Exchange
- Nasdaq
- IPO date
- Oct 12, 2017
- Shares outstanding
- 89M, Jul 31, 2026
- Public float
- $1.74B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1494259
- CUSIP
- 141788109
- ISIN
- US1417881091
- LEI
- 54930027BKQN6B7X7G78
- EIN
- 04-3843478
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Jason Trevisan | Chief Executive Officer, Director | 924,762 |
| Langley Steinert | Executive Chair, Director | 14,734,581 |
| Samuel Zales | COO and President | 455,349 |
| Ismail Elshareef | Chief Product Officer | 133,737 |
| Dafna Sarnoff | Chief Marketing Officer | 109,668 |
| Javier Zamora | General Counsel and Secretary | 80,260 |
| Matthew Todd Quinn | Chief Technology Officer | 233,146 |
| Jennifer Ladd Hanson | Chief People Officer | 91,135 |
| Zachary Emerson Hallowell | CEO, CarOffer | 110,431 |
| Elisa Palazzo | CFO and Treasurer | 78,851 |
| Greg M. Schwartz | Director | 8,716 |
| Manik Gupta | Director | 24,137 |
| Stephen Kaufer | Director | 331,278 |
| Steven Conine | Director | 60,389 |
| Lori A. Hickok | Director | 54,254 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Jason Trevisan | $7.89M | $9.22M | $2.56M | $121 | $51 |
| FY2025 Mr. Trevisan | $7.89M | $9.22M | $2.56M | $121 | $51 |
| FY2024 Jason Trevisan | $7.80M | $11.94M | $2.80M | $115 | $57 |
| FY2024 Mr. Trevisan | $7.80M | $11.94M | $2.80M | $115 | $57 |
| FY2023 Jason Trevisan | $3.75M | $6.88M | $2.63M | $76 | $52 |
| FY2023 Mr. Trevisan | $3.75M | $6.88M | $2.63M | $76 | $52 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had 1,218 full-time employees, 82 of whom were based outside the U.S.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Oct 12, 2017 | IPO | Initial public offering priced (424B4 prospectus) |
| Oct 6, 2017 | Listing | Registration of securities on an exchange (Form 8-A) |
| Jul 14, 2010 | Name change | Name changed from Cargurus LLC to CarGurus, Inc. |