Highest-materiality recent filing
CarGurus appoints Matthew Mandel as CFO effective Oct. 19, 2026
Matthew Mandel named CFO, effective Oct. 19, 2026; previously CFO/COO at Fleetio since Nov. 2023.
CarGurus Q2 revenue up 13% to $251M; GAAP net income $49.2M; credit facility amended to $200M
Q2 revenue $251.0M (+13% YoY); GAAP net income $49.2M (flat YoY); non-GAAP adjusted EBITDA $84.7M (+7% YoY).
CarGurus stockholders re-elect two Class III directors; all proposals pass at 2026 annual meeting
Manik Gupta (177.2M for, 30.3M withheld) and Langley Steinert (187.0M for, 20.5M withheld) elected as Class III directors.
CarGurus Q1 revenue $243.6M (+15% YoY); Adj EBITDA $80.2M above guidance high end
GAAP net income from continuing ops $32.2M, down 23% YoY; includes $19.7M impairment charges.
CarGurus Q4 rev $241M (+15%), FY net inc $196.7M (+53%), authorizes $250M buyback
Q4 2025 revenue $241.1M (+15% YoY); GAAP net income $53.7M (+12% YoY).
CarGurus Q3 Marketplace revenue up 14% YoY to $231.7M; net income $44.7M
Marketplace revenue $231.7M (+14% YoY); total revenue $238.7M (+3% YoY).
CarGurus Q2 Marketplace rev up 14%, net income $22.3M; wind down CarOffer with $14-19M costs
Q2 total revenue $234M, up 7% YoY; Marketplace revenue $222M, up 14% YoY.
Elected Steven Conine (193.4M for) and Stephen Kaufer (165.4M for) as Class II directors to 2028 term.
CarGurus Q1 net income up 83% to $39M; Marketplace revenue +13% YoY
Total revenue $225.2M (+4% YoY); Marketplace revenue $212.2M (+13%).
CFO Elisa Palazzo will depart effective March 7, 2025; no successor named.
CarGurus Q4 2024: Marketplace revenue up 15% to $210.2M, adjusted EBITDA up 25% to $76.4M
Q4 Marketplace revenue $210.2M (+15% YoY); International revenue +26% YoY; OEM advertising double-digit growth.
CarGurus Q3 Marketplace revenue up 15% YoY; adj. EBITDA $64.9M, net income $22.5M
Marketplace revenue $204.0M (+15% YoY); total revenue $231.4M (+5%).
CarGurus Q2: Marketplace rev +14% YoY; GAAP net loss $68.7M on $127.7M impairment, adj EBITDA $55.6M
Total revenue $218.7M (-9% YoY); Marketplace $195.2M (+14%); Wholesale $13.1M (-59%); Product $10.4M (-72%).
Stockholders approved amendment to certificate of incorporation to reflect new Delaware law officer exculpation provisions, effective June 4, 2024.
CarGurus Q1 net income up 80% to $21.3M; marketplace revenue up 12% YoY to $187.2M
Marketplace revenue $187.2M (+12% YoY); QARSD growth 14% YoY; paying dealers increased.
CarGurus Q4 marketplace revenue up 10% YoY; net loss $22.6M; CPO Eldridge to step down
Q4 marketplace revenue $182.3M (+10% YoY), fastest growth in 10 quarters.
CarGurus Chief People Officer Andrea Eldridge steps down, effective April 5, 2024
Andrea Eldridge will step down as Chief People Officer of CarGurus, effective April 5, 2024.
CarGurus completes $75M acquisition of remaining CarOffer stake; appoints new CEO
Acquired remaining minority interest in CarOffer for $75M cash; CarOffer now wholly owned.
CarGurus Q3 beats Adj EBITDA guidance at $48.6M; to acquire remaining CarOffer for $75M
Q3 total revenue $219.4M (-49% YoY); Marketplace revenue $177.9M (+8% YoY).
Elisa Palazzo named CFO; brings ~20 years experience from Talkspace, Hudson Executive Capital, and earlier roles.
CarGurus Q2 GAAP net income $16.4M; rev down 53% YoY; Q3 guidance issued
Consolidated revenue $239.7M (-53% YoY); Marketplace revenue $171M (+4%), Wholesale $32M (-58%).
CarGurus amends bylaws to tighten nomination rules and add emergency provisions
Board approved second amended and restated bylaws effective August 1, 2023.
CarGurus delays Q2 2023 earnings release due to incomplete closing procedures
Earnings release and conference call for Q2 2023 postponed from August 3, 2023.
CarGurus appoints Manik Gupta to Board of Directors and Audit Committee
Gupta, Corporate VP of Microsoft Teams, appointed July 14, 2023; Board expanded to 7 directors.
CarGurus shareholders elect Steinert, ratify EY, approve say-on-pay at 2023 annual meeting
Langley Steinert re-elected as Class III director with 180.6M votes for, 45.3M withheld.
CarGurus Q1 revenue $232M (-46% YoY); marketplace up 2%; GAAP EPS $0.10; Q2 rev guidance $220-240M
Total revenue $232.0M, down 46% YoY; Marketplace revenue $167.1M (+2%); Wholesale $25.2M (-72%); Product $39.7M (-78%).
CarGurus director Ian Smith will not stand for re-election at June 2023 annual meeting
Ian Smith notified the Board on April 21, 2023, that he will not stand for re-election at the 2023 Annual Meeting (June 6, 2023).
CarGurus Q4 revenue falls 16% to $286.7M; Q1 2023 guidance well below Q4 run rate
Q4 total revenue $286.7M, down 16% YoY; Digital Wholesale segment revenue fell 33% to $120.5M.
Director Yvonne Hao resigns from CarGurus board to accept MA cabinet role
Yvonne Hao resigned from CarGurus Board of Directors effective January 11, 2023.
CarGurus authorizes $250M share repurchase program through Dec 31, 2023
Board authorized repurchase of up to $250M of Class A common stock.
CarGurus Q3 revenue up 91% to $426.5M but misses guidance; Q4 outlook sharply lower
Total revenue $426.5M (+91% YoY), product revenue $214.1M (+1,105%), but missed low end of guidance.
CarGurus enters $400M revolving credit facility; declines to exercise 2022 CarOffer call right
Credit agreement with PNC Bank for $400M revolver, undrawn at closing; matures September 26, 2027.
CarGurus Q2 revenue up 135% to $511.2M but posts GAAP net loss attributable to common of $10.3M
Total revenue $511.2M (+135% YoY); Marketplace revenue $163.9M (+2%), Wholesale $75.9M (+42%), Product $271.4M (+7,087%).
CarGurus shareholders elect three directors, ratify auditor, approve say-on-pay
Steven Conine, Yvonne Hao, Stephen Kaufer elected as Class II directors; Conine 219.7M for, Hao 220.4M for, Kaufer 197.2M for.
CarGurus updates Q2 2022 guidance at Investor Day; specific figures not provided
Updated previously provided Q2 2022 financial guidance during May 25 Investor Day.
CarGurus Q1 revenue $430.6M (+151% YoY); Q2 revenue guidance $480-510M
Total revenue $430.6M, up 151% YoY; marketplace +5%, wholesale +559%, product +9,896%.
CarGurus Q4 revenue rises 124% YoY to $339M; guides Q1 revenue $390-410M
Total revenue $339.3M (+124% YoY); Marketplace $160.8M, Wholesale $82.6M, Product $96.0M.
CarGurus hires Dafna Sarnoff as CMO; Sarah Welch steps down with severance
Dafna Sarnoff appointed Chief Marketing Officer, effective Dec 8, 2021.
CarGurus Q3 revenue $222.9M, +51% YoY; Q4 guidance $273-285M
Revenue $222.9M (+51% YoY); GAAP EPS $0.24, non-GAAP $0.38; beat guidance.
CarGurus Q2 revenue $217.7M (+130% YoY); non-GAAP EPS $0.41 vs $0.19 YoY
Total revenue $217.7M, up 130% YoY; marketplace subscription revenue $144.2M (+80%).
In connection with the appointment of Mr. Mandel as the Company’s Chief Financial Officer, Jason Trevisan, the Company’s Chief Executive Officer, will step down from his role as the Company’s interim principal financial officer and principal accounting officer effective the Start Date.
On September 3, 2026, CarGurus, Inc. (the “Company”) announced the appointment of Matthew Mandel as the Company’s Chief Financial Officer as well as its principal financial officer and principal accounting officer, effective October 19, 2026 (the “Start Date”).
Effective March 7, 2025, Elisa Palazzo will step down as the Chief Financial Officer of CarGurus, Inc. (the “Company”).
On February 21, 2025, the Company designated Jason Trevisan, the Company’s Chief Executive Officer, to serve as its principal financial officer and principal accounting officer effective upon Ms. Palazzo’s departure on March 7, 2025, and until such time that the Company appoints a successor Chief Financial Officer.
On January 12, 2024, the Company announced that, effective as of April 5, 2024 (the “Separation Date”), Andrea Eldridge will step down as the Chief People Officer.
Effective April 5, 2024, Andrea Eldridge will step down as the Chief People Officer of CarGurus, Inc.
On October 30, 2023, CarGurus, Inc. (the “Company”) announced the appointment of Elisa Palazzo as the Company’s Chief Financial Officer in addition to its Principal Financial Officer and Principal Accounting Officer effective as of December 4, 2023
Jason Trevisan, the Company’s Chief Executive Officer, will step down as the Company’s Principal Financial Officer and Principal Accounting Officer effective as of the Start Date.
On July 14, 2023, the Board of Directors (the “Board”) of CarGurus, Inc. (the “Company”) increased the size of the Board from six to seven directors and filled the newly created vacancy on the Board by appointing Manik Gupta to the Board as a Class III director, effective immediately.
On April 21, 2023, Ian Smith (“Mr. Smith”), a member of the Board of Directors (the “Board”) of CarGurus, Inc. (the “Company”), notified the Board that he will not stand for re-election at the Company’s 2023 Annual Meeting of Stockholders, which is expected to be held on June 6, 2023.
On January 11, 2023, Yvonne Hao ("Ms. Hao"), a member of the Board of Directors (the "Board") of CarGurus, Inc. (the "Company"), notified the Board of her decision to resign from her position on the Board, effective immediately.
Ms. Sarnoff will succeed Sarah Welch, the Company’s current Chief Marketing Officer, who stepped down from such role on November 15, 2021.
Max materiality 0.85 · Median 0.70 · Most common event earnings