CarGurus, Inc. offers a compelling value-growth setup, leveraging AI-driven innovation and a leaner, data-focused marketplace model. CARG delivered 14% revenue growth to $907M and 25% adjusted EBITDA growth in 2025, with international revenue up 27% and record dealer retention. Shareholder returns remain robust, with $350M in buybacks during 2025 and a new $250M repurchase program authorized through 2026.
CarGurus, Inc. (CARG) Q4 2025 Earnings Call Transcript
The headline numbers for CarGurus (CARG) give insight into how the company performed in the quarter ended December 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
| Software Industry | Information Technology Sector | Jason Trevisan CEO | XFRA Exchange | US1417881091 ISIN |
| US Country | 1,282 Employees | - Last Dividend | - Last Split | - IPO Date |
CarGurus, Inc. stands as a leading online automotive platform, facilitating the buying and selling of vehicles across the United States and internationally. With a foundational presence established in 2005 and headquartered in Cambridge, Massachusetts, the corporation transitioned from CarGurus LLC to CarGurus, Inc. in June 2015. It has segmented its operations into U.S. Marketplace and Digital Wholesale, aiming to streamline the connection between consumers and a wide array of automotive listings. Their model prioritizes accessibility and ease, offering a diverse range of vehicles while enhancing dealer visibility to a vast, informed audience.
This flagship service provides a user-friendly interface for customers to search through new and used car listings from an extensive network of dealers. This platform facilitates both the purchase of vehicles by consumers and the sale of cars by dealers and other consumers, ensuring a comprehensive marketplace for automotive needs.
CarGurus offers enhanced access to its marketplace through paid subscriptions, allowing dealers to increase their visibility among a large audience of engaged consumers. This service caters to dealers looking to maximize their reach and attract more informed customers to their listings.
The company extends its services beyond the marketplace, providing advertising options for dealers and non-dealers alike. These offerings are designed to amplify visibility across CarGurus’ websites and social media platforms, enabling broader exposure in the digital automotive space.
Under the CarGurus brand, the company operates online marketplaces not only in the United States but also in Canada and the United Kingdom, augmenting its presence in the international automotive market. Additionally, it offers unique brands within the U.S., such as Autolist and CarOffer, and the PistonHeads brand in the United Kingdom, catering to the diverse preferences and needs of its global user base.