← CarGurus, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $198.1m |
$316.9m
+59.92%
|
$454.1m
+43.31%
|
$588.9m
+29.69%
|
$551.5m
-6.36%
|
$951.4m
+72.52%
|
$1.7b
+73.96%
|
$914.2m
-44.76%
|
$894.4m
-2.17%
|
$907.0m
+1.41%
|
$967.3m
+6.65%
|
|
| Cost of Revenue | $9.6m |
$17.6m
+83.91%
|
$24.8m
+40.90%
|
$36.3m
+46.31%
|
$42.7m
+17.65%
|
$294.0m
+588.46%
|
$997.5m
+239.26%
|
$262.8m
-73.65%
|
$155.4m
-40.85%
|
$65.5m
-57.88%
|
$74.3m
+13.42%
|
|
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | — | — | — | $36.3m | — | — | — | — | — | — | $74.3m | |
| Gross Profit | $188.6m |
$299.3m
+58.70%
|
$429.3m
+43.45%
|
$552.6m
+28.73%
|
$508.7m
-7.94%
|
$657.4m
+29.21%
|
$657.6m
+0.03%
|
$651.5m
-0.93%
|
$738.9m
+13.43%
|
$841.5m
+13.88%
|
$893.0m
+6.12%
|
|
| Research and Development Expense | $11.5m | $22.5m | $47.9m | $69.5m | $85.7m | $106.4m | $123.8m | $146.2m | $144.4m | $138.3m | $145.3m | |
| Selling and Marketing Expense | $154.1m | $236.2m | $315.9m | $393.8m | $257.0m | $290.6m | $336.7m | $304.1m | $322.2m | $340.9m | $475.8m | |
| General and Administrative Expense | $12.8m | $22.7m | $39.5m | $50.4m | $62.2m | $97.7m | $73.1m | $152.8m | $112.1m | $101.4m | $106.1m | |
| Amortization of Intangible Assets | — | — | — | $649k | $2.0m | $30.2m | $30.7m | $30.1m | $3.7m | $900k | — | |
| Restructuring Costs | — | — | — | — | — | — | — | — | — | $13.3m | — | |
| Operating Expenses | $180.0m | $284.0m | $406.1m | $518.3m | $411.0m | $509.1m | $549.1m | $618.8m | $725.5m | $597.1m | $637.1m | |
| Operating Income (Loss) | $8.6m |
$15.3m
+78.21%
|
$23.2m
+51.83%
|
$34.3m
+48.00%
|
$97.8m
+184.82%
|
$148.3m
+51.67%
|
$108.5m
-26.84%
|
$32.6m
-69.92%
|
$13.4m
-58.89%
|
$244.4m
+1722.58%
|
$256.0m
+4.71%
|
|
| Interest Expense | $26k | $29k | — | — | — | — | — | — | — | — | — | |
| Investment Income, Interest | $416k | $869k | $2.3m | $3.0m | $1.1m | $120k | $3.8m | $18.4m | $12.2m | $9.2m | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | ($16k) | ($277k) | — | $690k | ($23k) | $70k | ($155k) | — | — | — | — | |
| Other income (expense): | ||||||||||||
| Other Nonoperating Income (Expense) | — | — | $10k | $1.4m | $279k | $972k | ($961k) | $630k | ($944k) | ($762k) | — | |
| Nonoperating Income (Expense) | $374k | $563k | $2.3m | $4.4m | $1.4m | $1.1m | $2.9m | $19.1m | $11.2m | $8.4m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $8.9m | $15.5m | $24.4m | $37.5m | $97.1m | $148.0m | $110.2m | $50.6m | $21.9m | $248.5m | $240.9m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $8.9m | $15.8m | $25.5m | $38.7m | $99.1m | $149.4m | $111.4m | $51.7m | $24.7m | $252.8m | $240.9m | |
| Current Income Tax Expense (Benefit) | $1.7m | $3.8m | ($646k) | $293k | ($678k) | $32.8m | $54.5m | $67.5m | $37.0m | $28.4m | $53.8m | |
| Income Tax Expense (Benefit) | $2.4m | $2.6m | ($39.7m) | ($3.4m) | $21.6m | $39.0m | $32.4m | $29.6m | $3.7m | $56.1m | $53.8m | |
| Net Income (Loss) Attributable to Parent | $6.5m |
$13.2m
+103.16%
|
$65.2m
+393.75%
|
$42.1m
-35.33%
|
$77.6m
+84.01%
|
$109.2m
+40.86%
|
$84.4m
-22.75%
|
$36.9m
-56.22%
|
$21.0m
-43.23%
|
$155.9m
+643.39%
|
$175.9m
+12.85%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($25.6m) |
$7.1m
+127.75%
|
$65.2m
+817.76%
|
$42.1m
-35.33%
|
$77.6m
+84.01%
|
($154k)
-100.20%
|
$193.8m
+125934.42%
|
$31.1m
-83.95%
|
$21.0m
-32.57%
|
$155.9m
+643.39%
|
$175.9m
+12.85%
|
|
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | ($25.6m) | $7.4m | $65.2m | $42.1m | $77.6m | $109.2m | $193.8m | $31.1m | $21.0m | $196.7m | $175.9m | |
| Preferred Stock Dividends, Income Statement Impact | $32.1m | — | — | — | — | — | — | — | — | — | $5.8m | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | — | $6.1m | — | — | — | — | — | — | — | — | — | |
| Earnings Per Share, Basic | ($0.58) | $0.13 | $0.60 | $0.38 | $0.69 | $0.00 | $1.64 | $0.27 | $0.20 | $1.58 | $1.85 | |
| Earnings Per Share, Diluted | ($0.58) | $0.12 | $0.57 | $0.37 | $0.68 | $0.00 | $0.62 | $0.19 | $0.20 | $1.55 | $1.82 | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | — | — | — | $2 | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | — | — | — | $2 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 44.1m | 55.8m | 108.8m | 111.5m | 112.9m | 117.1m | 118.5m | 113.2m | 104.5m | 98.8m | 94.4m | |
| Weighted Average Number of Shares Outstanding, Diluted | 44.1m | 60.6m | 113.4m | 113.4m | 113.8m | 117.1m | 128.2m | 114.2m | 106.3m | 100.4m | 95.6m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | — | — | $1.0m | — | — | — | — | — | — | |
| Cost, Depreciation and Amortization | — | — | $2.2m | $3.3m | — | — | — | — | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $115.2m | — | — | |
| Realized Investment Gains (Losses) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $115.2m | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $1.1m | $5.4m | $14.9m | $0 | $196.7m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | $70.4m | $107.8m | ($40.8m) | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | $70.4m | $107.8m | ($40.8m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.