secwatch.observer — SEC 8-K summary
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Issuer:     CarGurus, Inc. (CARG)
CIK:        0001494259
Form:       8-K
Filed at:   2026-08-06T20:11:12+00:00
Accession:  0001193125-26-338014
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarGurus Q2 revenue up 13% to $251M; GAAP net income $49.2M; credit facility amended to $200M
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- Q2 revenue $251.0M (+13% YoY); GAAP net income $49.2M (flat YoY); non-GAAP adjusted EBITDA $84.7M (+7% YoY).
- Cash flow from operations $94.6M; non-GAAP free cash flow $87.7M.
- Repurchased $29.2M of shares in Q2; total repurchases since Dec 2022 over 30% of shares outstanding.
- Amended credit facility: revolver reduced from $400M to $200M, maturity extended to Aug 2031, new leverage covenant of 6.25x.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1494259/000119312526338014/0001193125-26-338014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1494259/000119312526338014/carg-20260806.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-338014

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer