Elisa Palazzo
Effective March 7, 2025, Elisa Palazzo will step down as the Chief Financial Officer of CarGurus, Inc. (the “Company”).
Highest-materiality recent filing
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.
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%).
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.
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.
Max materiality 0.85 · Median 0.70 · Most common event earnings