CarGurus, Inc.

For the period ended Jun 30, 2026. Filed Aug 6, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2026 · Filed Aug 6, 2026

CARG$34.59+0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Unaudited Condensed Consolidated Balance Sheets

(in thousands, except share and per share data)

	As ofJune 30,2026	As ofDecember 31,2025
Assets
Current assets
Cash and cash equivalents	$122,136	$190,518
Accounts receivable, net of allowance for doubtful accounts of $850 and $600, respectively	43,745	41,936
Prepaid expenses, prepaid income taxes, and other current assets	21,433	35,259
Deferred contract costs	15,279	15,235
Total current assets	202,593	282,948
Property and equipment, net	129,550	132,952
Intangible assets, net	2,740	3,253
Goodwill	27,933	28,397
Operating lease right-of-use assets	97,960	115,481
Deferred tax assets	76,080	81,201
Deferred contract costs, net of current portion	13,392	13,563
Other non-current assets	4,879	4,102
Total assets	$555,127	$661,897
Liabilities and stockholders’ equity
Current liabilities
Accounts payable	$36,063	$29,115
Accrued expenses, accrued income taxes, and other current liabilities	38,652	38,393
Deferred revenue	24,960	23,562
Operating lease liabilities	9,846	9,469
Total current liabilities	109,521	100,539
Operating lease liabilities	175,296	181,364
Deferred tax liabilities	—	442
Other non–current liabilities	5,954	5,354
Total liabilities	290,771	287,699
Commitments and contingencies (Note 9)
Stockholders’ equity
Preferred stock, $0.001 par value per share; 10,000,000 shares authorized; no shares issued and outstanding	—	—
Class A common stock, $0.001 par value per share; 500,000,000 shares authorized; 75,571,320 and 80,667,475 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively	76	81
Class B common stock, $0.001 par value per share; 100,000,000 shares authorized; 13,763,613 and 14,216,250 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively	14	14
Additional paid-in capital	6,764	10,297
Retained earnings	257,376	362,380
Accumulated other comprehensive income	126	1,426
Total stockholders’ equity	264,356	374,198
Total liabilities and stockholders’ equity	$555,127	$661,897

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.