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 (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.
Hyundai IONIQ 5 (CARG) was named "Best EV Experience" in CarGurus' inaugural Confidence Awards on May 6, 2026. The announcement highlights IONIQ 5's EPA‑estimated 318 miles range and 350 kW DC fast‑charging capability, U.S. assembly at Hyundai Motor Group Metaplant America in Bryan County, GA, and features like 10–80% charging in ~18 minutes (optimal), standard NACS port, flat‑floor interior, E‑GMP platform, and advanced driver assistance.
CarGurus (CARG) announced the inaugural 2026 CarGurus Confidence Awards on May 6, 2026, naming category winners chosen from marketplace data, hands-on testing, and editorial reviews. Winners: Ram 1500 (Best Truck for Families), Toyota Grand Highlander (Best Family Upgrade), Genesis G70 (Best Smart Luxury), and Hyundai Ioniq 5 (Best EV Experience).
The awards used inventory thresholds, pricing guidelines, and six scored attributes: look and feel, performance, form and function, tech level, safety, and overall value.
CarGurus (Nasdaq: CARG) will report first quarter 2026 financial results after market close on May 7, 2026. A conference call and live webcast for investors and analysts is scheduled for 5:00 p.m. ET on May 7, 2026. Access details and replay information are provided.
The live webcast and archived replay will be available on the company's Investors website at investors.cargurus.com. An audio replay will run from approximately 8:00 p.m. ET on May 7, 2026 through 11:59 p.m. ET on May 21, 2026 with the listed dial‑in numbers and passcode.
CarGurus (CARG) released its Q1 2026 Quarterly Review highlighting rising used-car demand, fuel-efficiency shifts, and affordability pressures.
Nearly new used cars (≤2 years) rose 24% YoY; 8–10 year and 11+ year models grew 4% and 7% respectively. New market days supply reached 73 days; hybrids show tightest supply at 47 days. Used EV sales climbed ~30% YoY.