Filing Flows › CarGurus (CARG) › Gross margin
CarGurus (CARG) gross margin by quarter
CarGurus' gross margin was 91.8% in Q3 2026 (third quarter 2026), -0.3 pts from Q2 2026. Over the last 7 quarters it ranged from 87.9% (Q1 2025) to 92.7% (Q3 2025).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 91.8% | -0.3 pts | -0.9 pts |
| Q2 2026 | 92.1% | -0.1 pts | +3.9 pts |
| Q1 2026 | 92.2% | -0.1 pts | +4.3 pts |
| Q4 2025 | 92.3% | -0.4 pts | — |
| Q3 2025 | 92.7% | +4.5 pts | — |
| Q2 2025 | 88.2% | +0.3 pts | — |
| Q1 2025 | 87.9% | — | — |
Q3 2026 at a glance
CarGurus, Q3 2026: revenue $258M (+12% year over year), operating margin 26.3%, net earnings $52.8M, operating cash flow $80.8M. The chart follows the revenue to costs, profit and cash.
Questions
What is CarGurus' gross margin?
CarGurus' gross margin was 91.8% in Q3 2026 (third quarter 2026), -0.3 pts from Q2 2026.
How has CarGurus' gross margin changed?
Over the last 7 quarters it ranged from 87.9% (Q1 2025) to 92.7% (Q3 2025).