Cargurus announces third quarter 2025 results

Q3'25 marketplace revenue grew 14% yoy to $232 million, above the midpoint of our guidance range gaap marketplace (u.s. marketplace segment and other) operating income of $64.1 million; non-gaap marketplace (u.s. marketplace segment and other) adjusted ebitda of $82.4 million, up 18% yoy, above the midpoint of our guidance range further advanced our innovative ai-powered solutions with pricevantage, dealership mode, and cg discover repurchased $111 million worth of shares in q3'25; have repurchased 23% of shares outstanding since initiation of buyback program in december 2022 boston, nov. 06, 2025 (globe newswire) -- cargurus, inc. (nasdaq: carg), the no. 1 visited automotive shopping site in the u.s.1, today announced financial results for the third quarter ended september 30, 2025.
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