Earnings ·
CarGurus reports Q3 revenue of $258.4M and authorizes $250M share buyback
CARGCarGurus, Inc.
CarGurus reported third-quarter 2026 revenue of $258.4 million, a 12% increase year-over-year, with GAAP net income from continuing operations at $52.8 million. Non-GAAP Adjusted EBITDA reached $89.7 million, near the high end of guidance. The company also announced fourth-quarter revenue guidance between $258.5 million and $263.5 million. Additionally, the Board authorized a new $250.0 million share repurchase program. CarGurus operates online automotive marketplaces in the U.S., U.K., and Canada.