secwatch.observer — SEC 8-K summary
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Issuer:     CarGurus, Inc. (CARG)
CIK:        0001494259
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001564590-21-041595
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CarGurus Q2 revenue $217.7M (+130% YoY); non-GAAP EPS $0.41 vs $0.19 YoY
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- Total revenue $217.7M, up 130% YoY; marketplace subscription revenue $144.2M (+80%).
- GAAP net income $28.1M ($0.23 diluted EPS); non-GAAP net income $49.5M ($0.41 diluted EPS).
- Adjusted EBITDA $66.4M, up from $27.5M YoY; free cash flow $32.9M.
- U.S. revenue $206.6M (+130%); QARSD $5,550 (+82%).
- Q3 guidance: revenue $210–216M, non-GAAP op income $53–57M, non-GAAP EPS $0.30–0.32.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1494259/000156459021041595/0001564590-21-041595-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1494259/000156459021041595/carg-8k_20210805.htm
  HTML page:      https://secwatch.observer/filing/0001564590-21-041595

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