CARG News & Events

Reports Q4 revenue $241.09M, consensus $239.07M. "2025 was a pivotal year for CarGurus as we delivered strong financial performance while expanding our products and use cases across both dealer workflows and the consumer journey," said Jason Trevisan, CEO at CarGurus. "Full-year revenue grew 14% for the second consecutive year, driven by expanding wallet share with accelerating product adoption, improving retention, and adding new dealers. This performance reflects more prolific innovation, particularly AI-driven products that put data and intelligence directly into the hands of our customers. Entering 2026, our leadership position is even stronger, as we're more deeply embedded with and have higher engagement among both dealers and consumers, which we believe provides a strong foundation for long-term growth."

Sees Q1 revenue $240.5M-$245.5M, consensus $239.08. Sees Q1 adjusted EBITDA $72M-$80M.

Sees FY26 adjusted EBITDA margin down 1.5%-2.5%.

CarGurus announced the expansion of its "Big Deal" brand campaign. "CarGurus was founded to redefine the car shopping experience for consumers, bringing more transparency with data and technology," said Dafna Sarnoff, CarGurus Chief Marketing Officer. "Now, as the No. 1 most visited car shopping site, we continue to invest in innovations that help consumers get their best deal with confidence, and enjoy the 'big deal' experience of finding a car you love. These new products directly address parts of the journey that our research shows shoppers find most challenging: deciding what kind of car to buy, finding the best available options for their needs, and negotiating a great deal."