CarGurus operates an online automotive marketplace connecting buyers and sellers of new and used cars worldwide. The Company's marketplace enables users with third-party validation on pricing, dealer reputation and other information.
Company Growth (employees)
Cambridge, US
Size (employees)
544 (est)+3%
CarGurus was founded in 2006 and is headquartered in Cambridge, US

Key People/Management at CarGurus

Langley Steinert

Langley Steinert

Jason Trevisan

Jason Trevisan

Chief Financial Officer
Jasper Rosenberg

Jasper Rosenberg

VP of Consumer Solutions
Igor Kaplansky

Igor Kaplansky

Director of New Products
Amy Mueller

Amy Mueller

Vice President Communications
Dave Galvin

Dave Galvin

Vice President of Algorithmic Traffic Acquisition
Martha (Marty) Blue

Martha (Marty) Blue

Senior Vice President Business Development
Sam Zales

Sam Zales

President International and Dealer Operations
Oliver Chrzan

Oliver Chrzan

SVP Engineering

CarGurus Office Locations

CarGurus has an office in Cambridge
Cambridge, US (HQ)
2 Canal Park
Show all (1)

CarGurus Financials and Metrics

CarGurus Financials

CarGurus's revenue was reported to be $198.1 m in FY, 2016

Revenue (Q3, 2017)

83 m

Gross profit (Q3, 2017)

78.3 m

Gross profit margin (Q3, 2017), %


Net income (Q3, 2017)

2.4 m

EBIT (Q3, 2017)

2.9 m

Market capitalization (31-Oct-2017)

2.5 b

Closing share price (31-Oct-2017)


Cash (30-Sep-2017)

25.6 m


2.5 b
CarGurus's current market capitalization is $2.5 b.
USDFY, 2015FY, 2016


98.6 m198.1 m

Revenue growth, %


Cost of goods sold

4.2 m9.6 m

Gross profit

94.4 m188.6 m
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017


53.1 m67 m76.2 m83 m

Cost of goods sold

2.9 m3.3 m4.3 m4.7 m

Gross profit

50.3 m63.7 m71.9 m78.3 m

Gross profit Margin, %

USDFY, 2015FY, 2016


61.4 m29.5 m

Accounts Receivable

5.7 m6.7 m

Prepaid Expenses

931 k2.8 m

Current Assets

69.1 m85.5 m
USDQ2, 2017Q3, 2017


33.3 m25.6 m

Accounts Receivable

9 m10.1 m

Prepaid Expenses

5.5 m3.5 m

Current Assets

95.8 m99.2 m
    USDFY, 2015FY, 2016

    Net Income

    (1.6 m)(6.5 m)

    Depreciation and Amortization

    1.1 m2.1 m

    Accounts Receivable

    (716 k)(1.4 m)

    Accounts Payable

    6.1 m5.8 m
    USDQ2, 2016Q3, 2016Q2, 2017Q3, 2017

    Net Income

    (521 k)2.7 m(8.6 m)10.9 m

    Depreciation and Amortization

    836 k1.4 m1.6 m2.7 m

    Accounts Receivable

    134 k(568 k)(2.7 m)(4 m)

    Accounts Payable

    2.5 m11.5 m1.2 m6.4 m
    USDY, 2017


    870.1 x


    134.4 x


    162.9 k


    -0.1 x


    0.1 x

    Financial Leverage

    -2.2 x
    Show all financial metrics

    CarGurus Operating Metrics

    CarGurus's Monthly Unique Users was reported to be 28.6 m in Q3, 2017
    FY, 2015Q2, 2016Q3, 2016FY, 2016Q2, 2017Q3, 2017


    12.33 k17.25 k21.3 k25.04 k

    Car Listings

    5.4 m

    Monthly Visitor Sessions

    31.87 m46.79 m52.12 m49.33 m66.46 m72.91 m

    Monthly Unique Users

    15.18 m20.54 m22.58 m21.52 m25.27 m28.56 m
    Show all operating metrics

    CarGurus Market Value History

    CarGurus Revenue Breakdown

    CarGurus's Web-traffic and Trends

    CarGurus Online and Social Media Presence

    CarGurus News and Updates

    CarGurus spikes 72% in auto marketplace IPO

     Used-car marketplace CarGurus spiked more than 72 percent during its first day of trading. The Cambridge, Massachusetts-based company had raised more than $150 million after pricing its IPO at $16. By the end of trading Thursday, shares had gone up more than 72 percent, closing at $27.58. Read More

    CarGurus IPO priced at $16 per share: Reuters

    CarGurus Inc (CARG.O), an online marketplace for new and used cars, raised about $150.4 million from its initial public offering priced at $16 per share.

    Hyundai Santa FE recognized for used car value and driver experience by CarGurus

    The 2013 to 2016 model years of Hyundai’s Santa Fe have been named best used car for the Full-size Crossover/SUV in CarGurus’ first annual Best Used Car Awards. The award recognizes the best recent-year used models across seven categories and takes into account things like long-term value retention …

    CarGurus Company Life and Culture

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