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CarGurus Announces First Quarter 2026 Results

$CARGPress releaseMay 7, 2026, 4:05 PM ETRead the release

CarGurus reported Q1 revenue of $243.6 million, up 15% year-over-year, with Non-GAAP Adjusted EBITDA of $80.2 million topping the high end of guidance. The company repurchased $175 million of shares during the quarter, bringing total buybacks since December 2022 to 29% of shares outstanding.

Key figures

Eps
0.34
Revenue
243600000
Guidance
Q2 2026 revenue $247.0M-$252.0M; FY2026 revenue growth 10%-13%
Revenue Yoy
15%
Qarsd
6647
Gross profit
224600000
Non gaap eps
0.58
Free cash flow
63157000
Paying dealers
34596
Operating income
40079000
Non gaap adjusted ebitda
80200000

AI analysis

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