CarGurus, Inc.

For the period ended Sep 30, 2026. Filed Nov 5, 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.

Sep 30, 2026 · Filed Nov 5, 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 ofSeptember 30,2026	As ofDecember 31,2025
Assets
Current assets
Cash and cash equivalents	$164,910	$190,518
Accounts receivable, net of allowance for doubtful accounts of $803 and $600, respectively	47,049	41,936
Prepaid expenses, prepaid income taxes, and other current assets	19,573	35,259
Deferred contract costs	14,845	15,235
Total current assets	246,377	282,948
Property and equipment, net	129,254	132,952
Intangible assets, net	2,500	3,253
Goodwill	27,881	28,397
Operating lease right-of-use assets	96,660	115,481
Deferred tax assets	68,199	81,201
Deferred contract costs, net of current portion	12,831	13,563
Other non-current assets	5,351	4,102
Total assets	$589,053	$661,897
Liabilities and stockholders’ equity
Current liabilities
Accounts payable	$31,353	$29,115
Accrued expenses, accrued income taxes, and other current liabilities	40,487	38,393
Deferred revenue	25,639	23,562
Operating lease liabilities	10,089	9,469
Total current liabilities	107,568	100,539
Operating lease liabilities	172,176	181,364
Deferred tax liabilities	—	442
Other non–current liabilities	6,073	5,354
Total liabilities	285,817	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; 75,339,849 and 80,667,475 shares issued and outstanding at September 30, 2026 and December 31, 2025, respectively	75	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 September 30, 2026 and December 31, 2025, respectively	14	14
Additional paid-in capital	13,720	10,297
Retained earnings	289,403	362,380
Accumulated other comprehensive income	24	1,426
Total stockholders’ equity	303,236	374,198
Total liabilities and stockholders’ equity	$589,053	$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.