---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-003745"
form_type: "8-K"
ticker: "CARG"
cik: "0001494259"
company_name: "CarGurus, Inc."
filed_at: "2021-11-09T23:59:59+00:00"
generated_at: "2026-06-28T10:37:38.809736+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CarGurus Q3 revenue $222.9M, +51% YoY; Q4 guidance $273-285M

## Summary
- Revenue $222.9M (+51% YoY); GAAP EPS $0.24, non-GAAP $0.38; beat guidance.
- Wholesale & other revenue $78.3M (+347% YoY) driven by CarOffer; marketplace sub rev $144.6M (+11%).
- Adjusted EBITDA $62.5M; free cash flow $51.4M; cash $321.1M, no debt.
- Q4 guidance: total rev $273-285M, non-GAAP op income $44-50M, non-GAAP EPS $0.28-0.30.
- Full-year guidance raised: total rev $885-897M, non-GAAP EPS $1.41-1.43.

## SEC filing metadata
- accession: 0000950170-21-003745
- form_type: 8-K
- ticker: CARG
- cik: 0001494259
- company_name: CarGurus, Inc.
- filed_at: 2021-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1494259/000095017021003745/0000950170-21-003745-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1494259/000095017021003745/carg-20211109.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-003745
- JSON: https://secwatch.observer/filing/0000950170-21-003745.json
- Plain text: https://secwatch.observer/filing/0000950170-21-003745.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.