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CarGurus Announces Third Quarter 2025 Results

Q3’25 Marketplace revenue grew 14% YoY to 232million,abovethemidpointofourguidancerangeGAAPMarketplace(U.S.MarketplaceSegmentandOther)operatingincomeof232 million, above the midpoint of our guidance range GAAP Marketplace (U.S. Marketplace Segment and Other) operating income of 64.1 million; Non-GAAP Marketplace (U.S. Marketplace Segment and Other) Adjusted EBITDA of 82.4million,up1882.4 million, up 18% YoY, above the midpoint of our guidance range Further advanced our innovative AI-powered solutions with PriceVantage, Dealership Mode, and CG Discover Repurchased 111 million worth of shares in Q3’25; have repurchased 23% of s ...