CarGurus Announces Third Quarter 2026 Financial Results

11/5/2026
Impact: 60
Communication Services

CarGurus reported third-quarter 2026 revenue of $258.4 million, up 11.5% to 12% year over year, and GAAP net income from continuing operations of $52.8 million. The company launched StockVantage, a new inventory pillar for its AI-enabled dealer workflow solutions. For the fourth quarter, it forecast revenue of $258.5 million to $263.5 million and adjusted EPS of $0.73 to $0.79, while emphasizing disciplined execution and free cash flow.

AI summary, not financial advice

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