Filing Flows › CarGurus (CARG) › Operating margin
CarGurus (CARG) operating margin by quarter
CarGurus' operating margin was 26.3% in Q3 2026 (third quarter 2026), +1.2 pts from Q2 2026. Over the last 7 quarters it ranged from 10.6% (Q2 2025) to 49.4% (Q4 2025).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 26.3% | +1.2 pts | +2.7 pts |
| Q2 2026 | 25.1% | +8.6 pts | +14.5 pts |
| Q1 2026 | 16.5% | -33.0 pts | -3.9 pts |
| Q4 2025 | 49.4% | +25.8 pts | — |
| Q3 2025 | 23.6% | +13.0 pts | — |
| Q2 2025 | 10.6% | -9.7 pts | — |
| Q1 2025 | 20.3% | — | — |
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' operating margin?
CarGurus' operating margin was 26.3% in Q3 2026 (third quarter 2026), +1.2 pts from Q2 2026.
How has CarGurus' operating margin changed?
Over the last 7 quarters it ranged from 10.6% (Q2 2025) to 49.4% (Q4 2025).