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CarGurus (NasdaqGS:CARG) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Company ParticipantsJason Trevisan - CEOSam Zales - President and COOKirndeep Singh - VP and Head of Investor RelationsConference Call ParticipantsJames Sherman-Lewis - AnalystRajat Gupta - AnalystNone - AnalystChris Pierce - AnalystVincent Kardos - AnalystMarvin Fong - AnalystRyan Powell - AnalystOperatorGood day and welcome to the CarGurus Earnings Call. Please note that this event is being recorded. I would now like to turn the ...

CarGurus (NasdaqGS:CARG) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Company ParticipantsJason Trevisan - CEOSam Zales - President and COOKirndeep Singh - VP and Head of Investor RelationsConference Call ParticipantsJames Sherman-Lewis - AnalystRajat Gupta - AnalystNone - AnalystChris Pierce - AnalystVincent Kardos - AnalystMarvin Fong - AnalystRyan Powell - AnalystOperatorGood day and welcome to the CarGurus earnings call. Please note that this event is being recorded. I would now like to turn the ...

CarGurus (NasdaqGS:CARG) Q3 2025 Earnings Call November 06, 2025 05:00 PM ET Speaker1Good day and welcome to the CarGurus Earnings Call. Please note that this event is being recorded. I would now like to turn the conference over to Kirndeep Singh, Vice President and Head of Investor Relations. Please go ahead.Speaker2Thank you, Operator. Good afternoon. I'm delighted to welcome you to CarGurus' Third Quarter 2025 Earnings Call. With me on the call today are Jason Trevisan, Chief Executive Officer, and Sam Z ...

Q3’25 Marketplace revenue grew 14% YoY to $232 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 $82.4 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 ...