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CarGurus's revenue is $551.5 million.

What is CarGurus's revenue?

CarGurus's annual revenue is $551.5M. Zippia's data science team found the following key financial metrics about CarGurus after extensive research and analysis.
  • CarGurus's revenue growth from 2016 to 2020 is 178.31%.
  • CarGurus has 732 employees, and the revenue per employee ratio is $753,348.
  • CarGurus's peak quarterly revenue was $231.4M in 2024(q3).
  • CarGurus peak revenue was $588.9M in 2019.
  • CarGurus annual revenue for 2019 was 588.9M, 29.69% growth from 2018.
  • CarGurus annual revenue for 2020 was 551.5M, -6.36% growth from 2019.

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Most recent quarter revenue
$231.4M (Q3'2024)
Company most recent quarter revenue
Peak revenue
$588.9M (2019)
Company peak revenue
Revenue / employee
$753,348
Company revenue / employee

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Most recent quarter revenue
$231.4M (Q3'2024)
Company most recent quarter revenue
Peak revenue
$588.9M (2019)
Company peak revenue
Revenue / employee
$753,348
Company revenue / employee

CarGurus historical revenue

CarGurus's peak revenue was $588.9M in 2019. The peak quarterly revenue was $231.4M in 2024(q3).

CarGurus's revenue increased from $198.1m in 2016 to $551.5M currently. That's a 178.31% change in annual revenue.

CarGurus annual revenue

$589M
$471M
$353M
$236M
$118M
$0
2016
2017
2018
2019
2020

CarGurus annual revenue over time

Fiscal year / yearCarGurus revenue
2016$198.1M
2017$316.9M
2018$454.1M
2019$588.9M
2020$551.5M

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CarGurus annual growth

CarGurus saw the greatest revenue growth in 2022, when revenue increased by 73.96%.

CarGurus had the lowest revenue growth in 2020, when revenue changed by -6.36%.

CarGurus annual growth rate over time

YearCarGurus growth
2017
60%
2018
43%
2019
30%
2020
-6%

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CarGurus financial information

CEOJason Trevisan
IndustrySoftware & Services
Company TypePublic
Employees Number732
Date Founded2005
HeadquartersCambridge, Massachusetts
Number of Locations2
Revenue$551.5M
Net Income$84,387,000
Gross Proft$508.7M (2020)
EBITDA$104.2M (2020)
PE Ratio32.36
Tax Rate0.2%
Market Capitalization$2.5B
Total Assets$927,102,000
TickerCARG

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CarGurus financing

CarGurus received early financing of $1.8M on 2017-08-16.

SeriesRound sizeDate
Series A$1.8M08/2017

CarGurus competitors

CarGurus's top competitor, Enterprise Holdings, earned an annual revenue of $22.5B.

CarGurus's smallest competitor is Acquinity Interactive with revenue of $240.0K last year.

Company nameAverage salaryRevenueEmployee sizeJob openings
TrueCar$99,025$175.6M65024
Telenav$113,679$235.3M583-
Enterprise Holdings$34,490$22.5B80,0001,499
Lyft$67,087$5.8B4,369468
Palantir$114,671$2.9B2,000350
Infor$91,357$3.2B18,00037
Didi Chuxing$122,417$21.6B15,9147
Maven Group LLC$50,327$128.0M115
Doba$45,693$15.0M175-
Eventbrite$113,491$325.1M1,100-

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Zippia gives an in-depth look into the details of CarGurus, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CarGurus. The employee data is based on information from people who have self-reported their past or current employments at CarGurus. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CarGurus. The data presented on this page does not represent the view of CarGurus and its employees or that of Zippia.

CarGurus may also be known as or be related to CARGURUS, INC., CarGurus, CarGurus Inc, CarGurus, Inc., CarGurus, Inc., and Cargurus.