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) released its 2025 Recap and 2026 Outlook on Dec 11, 2025, saying affordability drove auto demand in 2025 and will shape 2026.
Key quantified findings: used vehicle total cost of ownership (TCO) rose 36% vs 2019 and new vehicle TCO rose 29%. New EV retail sales fell 66% in the two months after the EV tax credit expired; new hybrid inventory rose ~18% YoY and new hybrid retail sales grew 33%. Fast-selling new models averaged <20 days; many used models sold in 25–30 days vs typical 40+ days. The report flags possible 2026 MSRP/tariff effects and improved late-model used supply as key 2026 watch items.
CarGurus (Nasdaq: CARG) launched PriceVantage, an AI-powered used-vehicle pricing solution using real-time consumer demand and inventory data from the company's platform.
PriceVantage ingests more than 10 billion monthly intent signals to deliver VIN-level recommendations, local competition and market days-supply insights, automatic deal-rating updates, IMS syndication, and a Chrome extension. Early users saw turn times up to 5x faster than top competitors and a 71% average increase in daily shopper connections. PriceVantage is available to eligible dealers.
CarGurus (CARG) released its 2025 U.S. Consumer Insights Report based on a May/June survey of 3,030 recent buyers and sellers.
Key findings: 83% prefer doing more of the process from home (up from 72% in 2022), 86% still inspect vehicles in person, 80% are open to AI and 26% already use it, and 61% visit two or more dealerships. The study highlights rising brand-shopping breadth, mobile-first usage, and economic impacts shaping tradeoffs between new and used vehicles.
CarGurus (Nasdaq: CARG) reported Q3 2025 results for the quarter ended September 30, 2025.
Key figures: Marketplace revenue was $231.7M (+14% YoY); GAAP Marketplace operating income was $64.1M; Non-GAAP Marketplace Adjusted EBITDA was $82.4M (+18% YoY). GAAP net income was $44.7M (+99% YoY). The company repurchased $111M of shares in Q3 and has repurchased 23% of shares outstanding since December 2022. Cash and cash equivalents were $178.8M (down 41% vs Dec 31, 2024).
Guidance: Q4 2025 marketplace revenue $236M–$241M; full-year 2025 marketplace revenue $902M–$907M; Q4 Non-GAAP Marketplace Adjusted EBITDA $83M–$91M.
CarGurus (Nasdaq: CARG) will report third quarter 2025 financial results after market close on November 6, 2025. A press release will be issued and management will host a conference call and live webcast for investors and analysts at 5:00 p.m. Eastern Time on November 6, 2025. The live webcast and an archived replay will be available on the company’s Investor Relations website at https://investors.cargurus.com.
Dial-in details: U.S./Canada (877) 451-6152, international (201) 389-0879. Audio replay available from ~8:00 p.m. ET on November 6, 2025 until 11:59 p.m. ET on November 20, 2025 at U.S./Canada (844) 512-2921 or international (412) 317-6671 (passcode 13755566).
CarGurus (Nasdaq: CARG) Q3 2025 Quarterly Review finds a two-track U.S. market: value-focused buyers driving used-car growth while affluent shoppers lift new luxury demand.
Key data: roughly 73% of YoY used retail sales growth came from vehicles priced under $30,000 (mostly 7+ years old); coastal states had ≥30% of listings under $20,000 in September. New EV sales rose 53% QoQ, used EVs +16%, and new hybrid sales are ~50% YoY. Luxury listings show >40% 2026 models with average prices ~6% above 2025 models. Tariff exposure and fewer upcoming EV launches are noted risks.
CarGurus (Nasdaq: CARG), the leading digital auto platform for vehicle transactions, has announced that CEO Jason Trevisan will participate in a fireside chat at the 2025 Goldman Sachs Communacopia + Technology Conference. The presentation is scheduled for September 8, 2025, at 11:50 AM ET.
Investors can access the webcast through CarGurus' Investor Relations website, with the recording remaining available for 180 days after the event.
CarGurus (Nasdaq: CARG) reported strong Q2 2025 results with total revenue of $234.0 million, up 7% year-over-year, driven by 14% growth in Marketplace revenue. The company announced plans to wind down its CarOffer transactions business by the end of 2025, expecting to incur costs between $14.0-$19.0 million.
Q2 2025 highlights include Net Income of $22.3 million and Non-GAAP Adjusted EBITDA of $77.3 million (up 39% YoY). The Board approved an additional $150 million share repurchase, increasing the 2025 authorization to $350 million through July 2026.
For Q3 2025, CarGurus expects Marketplace Revenue between $228.0-$233.0 million and Non-GAAP Earnings per Share of $0.50-$0.58.
CarGurus (Nasdaq: CARG), the leading digital auto platform, has announced its 11th annual Top Dealer Awards, recognizing exceptional dealerships across North America and the U.K. The awards focus on three key categories: Top Rated Dealer for customer satisfaction (minimum 4.5/5 rating), Top Value Dealer for competitive pricing (top 100 dealers per region), and Top Digital Dealer for digital retail excellence (top 100 U.S. dealers).
Winners are selected based on verified customer reviews and vehicle listings data analysis, with award recipients receiving promotional tools for both in-store and online use. The program particularly highlights dealerships that excel in customer service, value proposition, and digital retail innovation.
CarGurus (Nasdaq: CARG), the leading digital auto platform for vehicle transactions, has scheduled its Q2 2025 earnings release for August 7, 2025, after market close.
The company will host a conference call and webcast at 5:00 p.m. Eastern Time on the same day. Investors can access the call via phone or watch the live webcast on the company's investor relations website. A replay will be available until August 21, 2025.