earnings
confidence high
sentiment positive
materiality 0.75
CarGurus Q1 net income up 83% to $39M; Marketplace revenue +13% YoY
CarGurus, Inc.
2025-Q1 EPS reported
$0.37
revenue$225,158,000
- Total revenue $225.2M (+4% YoY); Marketplace revenue $212.2M (+13%).
- GAAP net income $39.0M (17% margin); Non-GAAP adjusted EBITDA $66.3M (+32%).
- Wholesale revenue fell 52% to $7.7M; Product revenue down 58% to $5.2M.
- Repurchased $184.2M of shares in Q1 (6% of outstanding capital).
- Cash and equivalents $172.9M at quarter end.