Welcome to our dedicated page for CarGurus news (Ticker: CARG), a resource for investors and traders seeking the latest updates and insights on CarGurus stock.
CarGurus, Inc. reports developments for a multinational online automotive platform that connects vehicle shoppers and dealers through digital marketplaces, data-driven listings and dealer software. Its updates commonly cover quarterly results, continuing-operations metrics, guidance, share repurchases and product adoption across consumer research, inventory pricing, marketing and lead-conversion workflows.
The company also publishes automotive-market research, shopping tips and vehicle-recognition programs based on its marketplace data and expert reviews. Recent product news has emphasized AI-powered shopping and dealership tools, while company descriptions identify marketplaces in the U.S., U.K. and Canada and brands including PistonHeads and Autolist.
CarGurus (CARG) has appointed Matthew Mandel as Chief Financial Officer, effective October 19, 2026.
Mandel will report to CEO Jason Trevisan and oversee financial strategy and operations, corporate development, and leadership operations as CarGurus emphasizes product innovation, dealer software, data intelligence, and an AI-led consumer shopping experience. He succeeds Trevisan, who has served as interim principal financial and principal accounting officer since March 2025.
Mandel previously held CFO and COO roles at Fleetio, executive roles at Cometeer, senior leadership positions at Wayfair, and investment roles at Advent International and Bain Capital.
CarGurus (Nasdaq: CARG) and baby brand Chicco have launched The Family Fit Factor, an educational initiative for Baby Safety Month to help parents connect vehicle choice with proper car seat use for child passenger safety.
The program offers free step-by-step car seat installation videos, expert guidance from a Chicco Child Passenger Safety Technician and CarGurus Automotive Experts, plus a special episode of CarGurus' The Driveway podcast on September 2. Survey findings from both brands highlight that lifestyle changes like having children strongly influence vehicle purchases and that many parents manage multiple car seats in one vehicle.
CarGurus (Nasdaq: CARG) launched “A Drive in the Life,” a documentary-style marketing campaign featuring NFL quarterback Drake Maye and lifestyle creator Ann Michael Maye. The campaign extends CarGurus’ “Big Deal” brand platform by exploring the emotional milestones and memories that happen in cars beyond the initial purchase.
Shot in Charlotte, NC, the content follows the couple’s relationship on the road and their search for future vehicles. According to CarGurus, the campaign also spotlights tools like Guru for personalized recommendations, as well as deal ratings and price transparency, and will run across digital video, social media, and owned channels through the end of 2026.
CarGurus (Nasdaq: CARG) announced the winners of its 2026 Top Dealer Awards across North America and the U.K., marking the 12th year of the program. According to CarGurus, the awards highlight dealerships delivering strong customer service, competitive pricing, and transparent shopping experiences, with fewer than 10% of platform dealers earning recognition.
Winners are chosen using verified customer reviews and marketplace data, including pricing and digital engagement metrics. Categories include Top Rated Dealer (average rating at least 4.5/5 in 2025), Top Value Dealer (top 100 per region by “Good” or “Great” Deal Ratings), and Top Digital Dealer (top 100 U.S. dealers by Digital Deal engagement and online-ready inventory).
CarGurus (Nasdaq: CARG) reported second quarter 2026 revenue of $251.0 million, up 13% year over year, with gross profit of $231.1 million and a 92% gross margin. GAAP net income from continuing operations was $49.2 million, roughly flat year over year, while non-GAAP adjusted EBITDA from continuing operations reached $84.7 million, up 7%.
Operating cash flow was $94.6 million and non-GAAP free cash flow $87.7 million. Cash and cash equivalents ended at $122.1 million, down 36% from December 31, 2025. The company repurchased $29.2 million of shares in Q2, bringing total repurchases since December 2022 to over 30% of shares outstanding. U.S. paying dealers grew 3% to 26,151 and international paying dealers grew 11% to 8,478, for 34,629 total paying dealers. For Q3 2026, CarGurus guides revenue to $253.5–$258.5 million and non-GAAP EPS from continuing operations to $0.63–$0.69; full-year 2026 revenue growth is projected at 10–13%.
CarGurus (Nasdaq: CARG) plans to release its financial results for the quarter ended June 30, 2026 after market close on August 6, 2026. The company will host an investor conference call and live webcast at 5:00 p.m. ET the same day, with phone and web access for U.S., Canadian, and international participants.
An audio replay will be available by phone from 8:00 p.m. ET on August 6, 2026 until 11:59 p.m. ET on August 20, 2026, and an archived webcast will be accessible on the CarGurus investor website.
CarGurus (NASDAQ:CARG) announced new price-transparency features aimed at helping shoppers understand a vehicle’s total cost and enabling dealers to build trust earlier in the buying process.
Starting this month, CarGurus’ Deal Ratings will appear only on used listings where dealers disclose any mandatory fees beyond tax, title, and registration. Listings without fee information will receive a “No Rating” analysis and be ranked lower in search results. New “Price includes fees” badges and filters allow shoppers to highlight listings with disclosed fees or exclude those missing fee details, while other badges indicate when additional fees may apply. According to CarGurus, these changes support a higher industry standard for upfront pricing and are available now on CarGurus.com.
CarGurus (Nasdaq:CARG) announced that CEO Jason Trevisan will participate in a fireside chat at the BofA Securities 2026 Global Technology Conference on June 2, 2026 at 1:00 PM ET.
A live webcast and a 90-day archived replay will be available on the CarGurus investor relations website.
CarGurus (Nasdaq:CARG) announced that CEO Jason Trevisan will participate in a fireside chat at the J.P. Morgan 2026 Global Technology, Media and Communications Conference on Monday, May 18, 2026, at 2:50 PM ET.
A live webcast and 30-day archive will be available on the CarGurus investor relations website.
CarGurus (Nasdaq: CARG) reported Q1 2026 results: revenue $243.6M, up 15% year‑over‑year, GAAP net income from continuing operations of $32.2M (down 23% YoY) and non‑GAAP adjusted EBITDA of $80.2M. The company repurchased $175M of shares in Q1 and ended the period with $72.0M in cash. Management issued Q2 revenue guidance of $247.0M–$252.0M and full‑year 2026 revenue growth guidance of 10%–13%, with an expected non‑GAAP EBITDA margin decline of 1.5–2.5 percentage points.