---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-001970"
form_type: "8-K"
ticker: "CARG"
cik: "0001494259"
company_name: "CarGurus, Inc."
filed_at: "2022-02-24T23:59:59+00:00"
generated_at: "2026-06-27T04:45:08.276030+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CarGurus Q4 revenue rises 124% YoY to $339M; guides Q1 revenue $390-410M

## Summary
- Total revenue $339.3M (+124% YoY); Marketplace $160.8M, Wholesale $82.6M, Product $96.0M.
- GAAP operating income $43.9M (+31% YoY); non-GAAP operating income $76.3M (+63% YoY).
- GAAP net loss attributable to common stockholders ($79.8M) or ($0.68)/share; non-GAAP net income $50.4M ($0.43)/share.
- Full-year 2021 revenue $951.4M (+73% YoY); cash & investments $321.9M, no debt.
- Q1 2022 guidance: revenue $390-410M, non-GAAP op. income $59-65M, non-GAAP EPS $0.31-0.33.

## SEC filing metadata
- accession: 0000950170-22-001970
- form_type: 8-K
- ticker: CARG
- cik: 0001494259
- company_name: CarGurus, Inc.
- filed_at: 2022-02-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1494259/000095017022001970/0000950170-22-001970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1494259/000095017022001970/carg-20220224.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-001970
- JSON: https://secwatch.observer/filing/0000950170-22-001970.json
- Plain text: https://secwatch.observer/filing/0000950170-22-001970.txt

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