CarGurus (CARG) Tops Q2 EPS by 3c, Beats on Revenue; Offers Q3 Revenue Guidance

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Go back to CarGurus (CARG) Tops Q2 EPS by 3c, Beats on Revenue; Offers Q3 Revenue Guidance

CarGurus Announces Second Quarter 2025 Results & Shares Plans to Wind Down CarOffer Transactions Business

August 7, 2025 4:05 PM EDT

Sustained strong momentum in the Marketplace business, with revenue up 14% YoY

Q2'25 Net Income of $22.3 million; Non-GAAP Adjusted EBITDA of $77.3 million, up 39% YoY

Board approves additional $150 million share repurchase, increasing 2025 authorization to $350 million and extending it through July 2026

BOSTON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited digital auto platform for shopping, buying, and selling new and used vehicles*, today announced financial results for the second quarter ended June 30, 2025, and its plan to wind down the CarOffer... More