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CarGurus, Inc.

CARG Technology EDP Services
$32.51
▲ +4.2% Today
as of Oct 23, 10:01 ET
Last 30 days -7.50% Sep 14 → Oct 23
$27.86 $29.78 $31.69 $33.61 $35.53 Sep 14 Sep 22 Sep 30 Oct 07 Oct 15 Oct 23
Open
$31.28
High
$32.80
Low
$31.22
Volume
$1M
Avg Vol
$1M
Mkt Cap
$2.6B
P/E (TTM)
34.41
Beta
—
52w High
$41.22
52w Low
$26.39
Div Yield
—
Shares Out
—

Recent Press Releases & News last 60 days · 19 items

▸ Show all 19 press releases & news Free account →

CARG earnings at a glance

CarGurus, Inc. (CARG) is scheduled to report earnings on Thursday, November 5, 2026 — in 13 days. Analysts expect earnings per share of $0.55, compared with $0.48 in the same quarter last year (+15%). The options market is pricing a move of about ±7.7% after the report, a range of roughly $30.01 to $35.01 from today's $32.51. Over its last 6 reports the stock rose the next day 4 times and fell 2, moving ±6.4% on average; after the most recent report on Aug 6, 2026 it moved +7.2%. That means options currently expect more movement than CARG has typically delivered. CARG beat the consensus EPS estimate in 6 of its last 6 reported quarters. Implied volatility is currently 65%. The share price of $32.51 sits in the middle of its 52-week range.

More Technology stocks · All stocks · Earnings calendar

Overview

52-week range
$26
$41
41% of range
Avg surprise (last 6)
+11.2%
Avg reaction (last 6)
+1.0%
67% positive
Latest IV / EM
65%
EM ±7.7% · $29 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$0.10$0.22$0.33$0.45$0.56 Actual $0.10Actual $0.12Actual $0.17Actual $0.38Est $0.30Actual $0.47Est $0.43Actual $0.48Est $0.44Actual $0.56Est $0.51Actual $0.47Est $0.46Actual $0.55Est $0.50 MarJunSepMar/2025Jun/2025Sep/20258KMar/2026Jun/2026
Revenue vs Net Income Revenue Net income
$0$66M$132M$198M$264M Mar 25Jun 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Thu Aug 6, 2026Jun/2026 $0.55 $0.50 +10.0% +6.4% +7.2% earnings
Thu May 7, 2026Mar/2026 $0.47 $0.46 +2.2% +23.7% -8.9% earnings
Thu Feb 19, 20268K 2026-02-19 $0.56 $0.51 +9.8% — +3.3% earnings
Thu Nov 6, 2025Sep/2025 $0.48 $0.44 +9.1% — +0.6% earnings
Thu Aug 7, 2025Jun/2025 $0.47 $0.43 +9.3% — -7.3% earnings
Thu May 8, 2025Mar/2025 $0.38 $0.30 +26.7% — +11.2% earnings
Sat Sep 30, 2023Sep 2023 $0.17 — — — — financials
Fri Jun 30, 2023Jun 2023 $0.12 — — — — financials
Fri Mar 31, 2023Mar 2023 $0.10 — — — — financials

Upcoming

DateFiscalTimeEPS EstLY EPSYoY %Δ
Thu Nov 5, 2026Sep/2026OTHER $0.55$0.48 +14.6%

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$251M$244M——$222M$212M——
Cost of revenue$20M$19M——$16M$14M——
Gross profit$231M$225M——$206M$198M——
Operating income$63M$40M—$55M$61M$51M—$27M
Net income$49M$32M——$22M$39M——
EPS (diluted)$0.54$0.34——$0.22$0.37——

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents$122M$72M$191M$179M$231M$173M$304M$247M
Inventory———$0$963,000$810,000$338,000$345,000
Total current assets$203M$162M$283M$269M$309M$252M$391M$327M
Total assets$555M$520M$662M$660M$726M$689M$825M$778M
Long-term debt$0$0$0$0$0$0$0$0
Total liabilities$291M$282M$288M$285M$291M$287M$283M$295M
Total equity$264M$237M$374M$375M$435M$402M$542M$483M

Implied volatility — last 90 days

31%56%80%105%129% Jun 07 — IV 84% · EM ±11.6%Jun 08 — IV 50% · EM ±6.6%Jun 09 — IV 48% · EM ±6.0%Jun 10 — IV 39% · EM ±4.6%Jun 11 — IV 43% · EM ±4.8%Jun 12 — IV 41% · EM ±4.2%Jun 15 — IV 45% · EM ±3.2%Jun 16 — IV 63% · EM ±3.7%Jun 17 — IV 122% · EM ±5.1%Jun 19 — IV 41% · EM ±9.1%Jun 22 — IV 35% · EM ±7.3%Jun 23 — IV 44% · EM ±9.0%Jun 24 — IV 43% · EM ±8.6%Jun 25 — IV 43% · EM ±8.4%Jun 26 — IV 40% · EM ±7.6%Jun 29 — IV 46% · EM ±8.1%Jun 30 — IV 45% · EM ±7.8%Jul 01 — IV 52% · EM ±8.7%Jul 02 — IV 54% · EM ±8.7%Jul 03 — IV 56% · EM ±8.7%Jul 06 — IV 46% · EM ±6.4%Jul 07 — IV 70% · EM ±9.3%Jul 08 — IV 50% · EM ±6.2%Jul 09 — IV 63% · EM ±7.4%Jul 10 — IV 36% · EM ±4.0%Jul 13 — IV 99% · EM ±8.3%Jul 16 — IV 130% · EM ±5.4%Jul 20 — IV 60% · EM ±14.1%Jul 21 — IV 59% · EM ±13.7%Jul 22 — IV 67% · EM ±15.2%Jul 23 — IV 67% · EM ±15.0%Jul 24 — IV 62% · EM ±13.8%Jul 27 — IV 69% · EM ±14.4%Jul 28 — IV 61% · EM ±12.5%Jul 29 — IV 68% · EM ±13.6%Jul 30 — IV 73% · EM ±14.3%Jul 31 — IV 66% · EM ±12.6%Aug 03 — IV 73% · EM ±13.0%Aug 04 — IV 75% · EM ±12.9%Aug 05 — IV 83% · EM ±13.9%Aug 06 — IV 79% · EM ±12.7%Aug 07 — IV 50% · EM ±7.9%Aug 10 — IV 47% · EM ±6.5%Aug 11 — IV 77% · EM ±10.2%Aug 12 — IV 52% · EM ±6.5%Aug 13 — IV 46% · EM ±5.4%Aug 14 — IV 85% · EM ±9.3%Aug 17 — IV 72% · EM ±6.0%Aug 18 — IV 92% · EM ±6.6%Aug 19 — IV 112% · EM ±6.6%Aug 24 — IV 47% · EM ±9.9%Aug 25 — IV 43% · EM ±8.8%Aug 26 — IV 33% · EM ±6.7%Aug 27 — IV 38% · EM ±7.4%Aug 28 — IV 42% · EM ±8.0%Aug 31 — IV 32% · EM ±5.6%Sep 01 — IV 38% · EM ±6.5%Sep 02 — IV 38% · EM ±6.3%Sep 03 — IV 51% · EM ±8.2%Sep 04 — IV 37% · EM ±5.9%Sep 07 — IV 42% · EM ±5.9%Sep 08 — IV 45% · EM ±6.0%Sep 09 — IV 45% · EM ±5.7%Sep 10 — IV 52% · EM ±6.2%Sep 14 — IV 45% · EM ±3.7%Sep 21 — IV 41% · EM ±8.6%Sep 22 — IV 41% · EM ±8.5%Sep 23 — IV 51% · EM ±10.2%Sep 24 — IV 51% · EM ±10.0%Sep 25 — IV 53% · EM ±10.2%Sep 28 — IV 50% · EM ±8.9%Sep 29 — IV 39% · EM ±6.7%Sep 30 — IV 50% · EM ±8.4%Oct 01 — IV 52% · EM ±8.4%Oct 02 — IV 48% · EM ±7.6%Oct 06 — IV 59% · EM ±7.8%Oct 07 — IV 59% · EM ±7.4%Oct 08 — IV 65% · EM ±7.7%

Sector peers

CARG earnings FAQ

When is CARG's next earnings date?

CarGurus, Inc. is expected to report on November 5, 2026.

What is CARG's expected move for earnings?

Options currently price a move of about ±7.7%, or $2.50 per share either way from $32.51.

How does CARG stock usually react to earnings?

Across the last 6 reports the average next-day move was ±6.4%, up 4 times and down 2 times.

What EPS are analysts expecting from CarGurus, Inc.?

The consensus estimate is $0.55 per share, versus $0.48 a year ago.

What is CARG's implied volatility?

CARG's at-the-money implied volatility is about 65% based on the latest options snapshot.

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