Name | Value |
---|---|
Revenues | 286.7M |
Cost of Revenue | 149.7M |
Gross Profit | 137.0M |
Operating Expense | 107.4M |
Operating I/L | 29.6M |
Other Income/Expense | 3.0M |
Interest Income | 2.3M |
Pretax | 32.6M |
Income Tax Expense | 9.3M |
Net Income/Loss | 24.8M |
CarGurus, Inc. operates an online automotive marketplace connecting buyers and sellers of new and used cars in the United States and internationally. The company provides consumers with an online platform to search for new and used car listings from its dealers, as well as sell their cars. CarGurus generates revenue through dealer subscriptions and advertising, connecting dealers to a large audience of informed and engaged consumers. The company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom, and the Autolist and PistonHeads online marketplaces as independent brands in the United States and the United Kingdom.