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CarGurus Pursues $4 Billion Dealer Software Market With AI-Powered Products
PYMNTS.com· 2025-11-07 11:00
CarGurus is looking to double its total addressable market by adding artificial intelligence-powered products that go beyond its existing automotive shopping site.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.The ...
CarGurus(CARG) - 2025 Q3 - Earnings Call Presentation
2025-11-07 06:00
Q3 2025 Earnings Presentation November 6, 2025 Cautionary Note Regarding Forward-Looking Statements This presentation includes forward-looking statements. Other than statements of historical facts, all statements contained in this presentation, including statements regarding our future financial and operating results; our fourth quarter and full-year 2025 financial and business performance, including guidance; the expectations about our intended wind down of CarOffer, LLC (CarOffer), including the Dealer-to ...
CarGurus Announces Third Quarter 2025 Results
Globenewswire· 2025-11-07 05:05
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 ...