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CarGurus Inc (CARG)
NASDAQ:CARG
US Market
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CarGurus (CARG) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date
Nov 11, 2025
After Close (Confirmed)
Period Ending
2025 (Q3)
Consensus EPS Forecast
0.56
Last Year’s EPS
0.45
Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings

Earnings Call Summary

Q2 2025
Earnings Call Date:Aug 07, 2025|
% Change Since: 3.12%|
Earnings Call Sentiment|Neutral
CarGurus demonstrated strong financial growth and innovation in its core Marketplace and international businesses, with notable product launches and increased engagement. However, the wind-down of the CarOffer transactions business and declines in wholesale and product revenues posed significant challenges.
Company Guidance -
Q3 2025
In the CarGurus second-quarter earnings call for 2025, the company highlighted robust financial performance with a 14% year-over-year increase in Marketplace revenue, totaling $222 million. This growth was driven by the addition of 1,743 net new dealers globally and increased wallet share from existing customers. Marketplace adjusted EBITDA rose by 31%, reflecting strong operational leverage. The international sector also showed significant expansion, with a 28% revenue increase, supported by a 711 net new dealer addition in Canada and the U.K. Despite winding down the CarOffer transactions business due to market volatility, CarGurus emphasized its focus on leveraging AI-driven insights and predictive analytics to enhance dealer operations. The call also noted the impact of their strategic decisions on shareholder value, including a $150 million increase to their share repurchase program, affirming confidence in the company's financial health and strategic direction.
Strong Financial Performance
CarGurus delivered outstanding financial results in Q2 2025, with double-digit year-over-year revenue growth and expanding profitability in U.S. and International Marketplace businesses. Marketplace revenue grew 14% year-over-year, adding $27 million, and Marketplace adjusted EBITDA grew 31% year-over-year.
International Growth
The international business reported outstanding growth, with revenue up 28% year-over-year. CarGurus added 711 net new dealers year-over-year across Canada and the U.K., and lead volume growth was substantial in both markets.
Innovative Product Launches
CarGurus introduced several new products, including New Car Advantage and VIN level targeting, which demonstrated strong early adoption and engagement. Additionally, Digital Deal adoption grew to approximately 12,000 dealers globally.
Strong Engagement Metrics
The CarGurus app saw daily active users increase by 71% year-over-year. Overall consumer engagement was also strong, with CarGurus remaining the #1 most visited listing site in the U.S. and users spending 74% more total minutes on site than its closest competitor.

CarGurus (CARG) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

CARG Earnings History

Report Date
Fiscal Quarter
Forecast / EPS
Last Year's EPS
EPS YoY Change
Press Release
Slides
Play Transcript
Nov 11, 2025
2025 (Q3)
0.56 / -
0.45
Aug 07, 2025
2025 (Q2)
0.54 / 0.57
0.4139.02% (+0.16)
May 08, 2025
2025 (Q1)
0.44 / 0.46
0.3243.75% (+0.14)
Feb 20, 2025
2024 (Q4)
0.52 / 0.55
0.3557.14% (+0.20)
Nov 07, 2024
2024 (Q3)
0.43 / 0.45
0.3432.35% (+0.11)
Aug 08, 2024
2024 (Q2)
0.34 / 0.41
0.2941.38% (+0.12)
May 09, 2024
2024 (Q1)
0.28 / 0.32
0.2623.08% (+0.06)
Feb 26, 2024
2023 (Q4)
0.34 / 0.35
0.2259.09% (+0.13)
Nov 07, 2023
2023 (Q3)
0.26 / 0.34
0.2161.90% (+0.13)
Aug 09, 2023
2023 (Q2)
0.23 / 0.29
0.32-9.38% (-0.03)
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed

CARG Earnings-Related Price Changes

Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 07, 2025
$31.41$29.11-7.32%
May 08, 2025
$27.95$31.08+11.20%
Feb 20, 2025
$37.59$31.15-17.13%
Nov 07, 2024
$33.36$34.81+4.35%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does CarGurus Inc (CARG) report earnings?
CarGurus Inc (CARG) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).
    What is CarGurus Inc (CARG) earnings time?
    CarGurus Inc (CARG) earnings time is at Nov 11, 2025, After Close (Confirmed).
      Where can I see when companies are reporting earnings?
      You can see which companies are reporting today on our designated earnings calendar.
        What companies are reporting earnings today?
        You can see a list of the companies which are reporting today on TipRanks earnings calendar.
          What is CARG EPS forecast?
          CARG EPS forecast for the fiscal quarter 2025 (Q3) is 0.56.

            CarGurus (CARG) Earnings News

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            CARG Earnings: CarGurus’ Q1 Outlook Falls Short of Estimates
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