CarGurus, Inc. shareholders approved Non-binding Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers at the 2026-06-03 meeting.
“The stockholders voted to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers for 2025.”
Shareholder Votes
CarGurus, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2026-06-03 meeting.
“The stockholders ratified the appointment of Ernst & Young LLP, an independent registered public accounting firm, as the Company’s independent auditors for the year ending December 31, 2026.”
Shareholder Votes
CarGurus, Inc. shareholders approved Election of Class III Directors at the 2026-06-03 meeting.
“The stockholders elected the nominees named below to serve as the Class III directors for a term ending in 2029, or until their respective successors have been duly elected and qualified.”
Earnings Releases
CarGurus, Inc. reported first quarter ended March 31, 2026 results: revenue $ 243.6, net income $ 32.2.
“highlights from continuing operations (1) for the three months ended March 31, 2026. Three Months Ended March 31, 2026 Results (in millions) Variance from Prior Year Revenue $ 243.6 15 % Gross Profit (2) $ 224.6 14 % % Margin 92 % (102) bps Operating Expenses (2) $ 184.5 25 % GAAP Net Income from continuing operations (2) $ 32.2 (23 )% % Margin 13 % (659) bps”
Restructurings & Charges
CarGurus, Inc. announced a restructuring with charges of approximately $14.0 million to $19.0 million affecting CarOffer, LLC (CarOffer), including the Dealer-to-Dealer and Instant Max Cash Offer products.
“The Company expects to incur total expenditures in the range of approximately $14.0 million to $19.0 million”
Jason Trevisan changed role as Chief Executive Officer and Principal Financial Officer at CarGurus, Inc..
“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.”
Elisa Palazzo departed as Chief Financial Officer at CarGurus, Inc..
“Effective March 7, 2025, Elisa Palazzo will step down as the Chief Financial Officer of CarGurus, Inc. (the “Company”).”
Earnings Releases
CarGurus, Inc. reported the first quarter ended March 31, 2024 results: revenue $215.8 million, net income $21.3 million.
“On May 9, 2024, CarGurus, Inc. (the "Company") announced its financial results for the quarter ended March 31, 2024.”
Earnings Releases
CarGurus, Inc. reported financial results for the quarter and year ended December 31, 2023.
“On February 26, 2024, CarGurus, Inc. (the "Company") announced its financial results for the quarter and year ended December 31, 2023.”
Andrea Eldridge departed as Chief People Officer at CarGurus, Inc..
“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.”
Andrea Eldridge departed as Chief People Officer at CarGurus, Inc..
“Effective April 5, 2024, Andrea Eldridge will step down as the Chief People Officer of CarGurus, Inc.”
Earnings Releases
CarGurus, Inc. reported the quarter ended September 30, 2023 results: revenue $219.4 million, net income $19.0 million, EPS $0.17 per fully diluted share. Guidance raised.
“continued financial growth and innovation in 2024 that will serve well our dealer partners and largest consumer audience." Third Quarter Financial Highlights • Total revenue of $219.4 million, a decrease of (49)% year-over-year. ▪ Marketplace revenue was $177.9 million, an increase of 8% year-over-year. ▪ Wholesale revenue was $21.7 million, a decrease of (54)%”
Material Agreements
CarGurus, Inc. entered into Membership Interest Purchase Agreement with CarOffer, LLC, CarOffer Investors Holding, LLC, CarOffer MidCo, LLC, certain indirect members, and Bruce T. Thompson valued at $75.0 million in cash (effective 2023-11-06).
“On November 6, 2023, CarGurus, Inc., a Delaware corporation (the “Company”), entered into a Membership Interest Purchase Agreement (the “Purchase Agreement”) by and among the Company, CarOffer, LLC, a Delaware limited liability company (“CarOffer”), CarOffer Investors Holding, LLC, a Delaware limited liability company, CarOffer MidCo, LLC, a Delaware limited liability company, each of the persons set forth on Schedule 1.1(a) to the Purchase Agreement (the “Indirect Members”), Bruce T. Thompson, an individual residing in Texas, as the sellers' representative, and the responsible party signatory thereto, pursuant to which the Company agreed to acquire the remaining interest in CarOffer that the Company does not presently own (the “Transaction”).”
Jason Trevisan changed role as Principal Financial Officer and Principal Accounting Officer at CarGurus, Inc..
“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.”
Elisa Palazzo was appointed as Chief Financial Officer at 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”
Earnings Releases
CarGurus, Inc. reported second quarter ended June 30, 2023 results: revenue $239.7 million, net income $13.8 million, EPS $0.12 per fully diluted share.
“an online platform that supports both consumer and dealer customers at every stage of the buying and selling journey." Second Quarter Financial Highlights • Total revenue of $239.7 million, a decrease of (53)% year-over-year. ▪ Marketplace revenue was $171.0 million, an increase of 4% year-over-year. ▪ Wholesale revenue was $32.0 million, a decrease of (58)%”
Governance Changes
CarGurus, Inc.: Amended and restated bylaws to update stockholder meeting procedures, add Rule 14a-19 compliance requirements, add emergency bylaw provision, and make other technical changes (effective 2023-08-01).
“On August 1, 2023, the Board of Directors (the “Board”) of CarGurus, Inc. (the “Company”) approved an amendment and restatement of its amended and restated by-laws (as so amended and restated, the “By-laws”), effective immediately.”
Manik Gupta was appointed as Director at CarGurus, Inc..
“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.”
Shareholder Votes
CarGurus, Inc. shareholders approved Non-binding Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers at the 2023-06-06 meeting.
“Proposal 3 – Non-binding Advisory Vote to Approve the Compensation of the Company’s Named Executive Officers The stockholders voted to approve, on a non-binding advisory basis, the compensation of the Company’s named executive officers. The results of such vote were as follows: Votes For Votes Against Abstentions Broker Non-Votes 201,423,105 24,367,219 102,230 7,215,972”
Shareholder Votes
CarGurus, Inc. shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-06-06 meeting.
“Proposal 2 – Ratification of Appointment of Independent Registered Public Accounting Firm The stockholders ratified the appointment of Ernst & Young LLP, an independent registered public accounting firm, as the Company’s independent auditors for the year ending December 31, 2023. The results of such vote were as follows: Votes For Votes Against Abstentions Broker Non-Votes 232,902,537 114,632 91,357 0”
Shareholder Votes
CarGurus, Inc. shareholders approved Election of Directors at the 2023-06-06 meeting.
“Proposal 1 – Election of Directors The stockholders elected the nominee named below to serve as a Class III director for a term ending in 2026, or until his successor has been duly elected and qualified. The results of such vote were as follows: Director Name Votes For Votes Withheld Broker Non-Votes Langley Steinert 180,592,568 45,299,986 7,215,972”
Earnings Releases
CarGurus, Inc. reported first quarter ended March 31, 2023 results: revenue $232.0 million, net income $16.1 million, EPS $0.10 per fully diluted share.
“by specific reference in such filing. --- EX-99 (EX-99.1) --- EX-99 Exhibit 99.1 CarGurus Announces First Quarter 2023 Results First Quarter Highlights: • Total revenue of $232.0 million • GAAP operating income of $14.1 million; non-GAAP operating income of $36.6 million • GAAP consolidated net income of $11.9 million; non-GAAP consolidated net income of $29.0”
Ian Smith departed as Director at CarGurus, Inc..
“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.”
Yvonne Hao resigned as Director at CarGurus, Inc..
“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.”
Earnings Releases
CarGurus, Inc. reported third quarter ended September 30, 2022 results: revenue $426.5 million, net income $18.8 million, EPS $0.14.
“specific reference in such filing. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 CarGurus Announces Third Quarter 2022 Results Third Quarter Highlights: • Total revenue of $426.5 million, an increase of 91% year-over-year • GAAP operating income of $28.7 million; non-GAAP operating income of $29.4 million • GAAP consolidated net income of $18.8 million; non-GAAP”
Sarah Welch departed as Chief Marketing Officer at CarGurus, Inc..
“Ms. Sarnoff will succeed Sarah Welch, the Company’s current Chief Marketing Officer, who stepped down from such role on November 15, 2021.”
Dafna Sarnoff was appointed as Chief Marketing Officer at CarGurus, Inc..
“On November 16, 2021, CarGurus, Inc. (the “Company”) announced the hiring of Dafna Sarnoff as the Company’s Chief Marketing Officer, effective as of Ms. Sarnoff’s commencement of employment with the Company on December 8, 2021.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.