secwatch.observer — SEC 8-K summary
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Issuer:     CarGurus, Inc. (CARG)
CIK:        0001494259
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001193125-26-059370
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarGurus Q4 rev $241M (+15%), FY net inc $196.7M (+53%), authorizes $250M buyback
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- Q4 2025 revenue $241.1M (+15% YoY); GAAP net income $53.7M (+12% YoY).
- Full-year 2025 revenue from continuing ops $907.0M (+14% YoY); GAAP net income $196.7M (+53%).
- Non-GAAP Adjusted EBITDA from continuing ops FY 2025 $319.0M (+25% YoY), margin 35%.
- Repurchased ~$350M shares in 2025; new $250M share repurchase program authorized for 2026.
- Gross margin 93% for FY 2025 (up 160 bps YoY); cash $190.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1494259/000119312526059370/0001193125-26-059370-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1494259/000119312526059370/carg-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-059370

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