Welcome to our dedicated page for Cargurus SEC filings (Ticker: CARG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
CarGurus filings document the regulatory record for an online automotive marketplace listed on the Nasdaq Global Select Market, with recent 8-K reports furnishing quarterly and annual results from continuing operations. These filings cover revenue, GAAP net income, adjusted EBITDA, share repurchase activity and management's operating commentary for its consumer and dealer platform.
Proxy materials disclose board elections, executive compensation, equity awards and shareholder voting matters. Other material-event filings address capital-allocation actions and exit or disposal activities, including disclosures tied to CarOffer and the company's shift toward inventory intelligence, analytics and consumer vehicle-sourcing products rather than transaction facilitation.
CarGurus, Inc. ownership disclosure: Wellington-affiliated entities report beneficial ownership of 5,945,970 shares, representing 7.34% of Common Stock. The filing lists shared voting power of 3,420,310 shares for several Wellington entities and shared dispositive power of 5,945,970.
The Schedule 13G/A identifies four filers (Wellington Management Group LLP; Wellington Group Holdings LLP; Wellington Investment Advisors Holdings LLP; Wellington Management Company LLP) and states the shares are held of record by clients of Wellington investment advisers. Signatures are dated 05/15/2026.
CarGurus, Inc. reported first‑quarter 2026 revenue of $243.6 million, up 15% from $212.2 million a year earlier, driven mainly by higher dealer subscription revenue and pricing. Net income from continuing operations was $32.2 million, down from $42.1 million, as the company recorded $19.7 million of non‑cash impairment charges tied to its 121 First Street lease and related assets.
Adjusted EBITDA from continuing operations rose to $80.2 million from $68.7 million, reflecting strong underlying profitability despite the impairment. Operating cash flow was $69.8 million, while cash and equivalents declined to $72.0 million as CarGurus repurchased and retired 5.34 million Class A shares for about $175 million under its 2026 share repurchase program. The wind‑down of CarOffer is fully reflected as discontinued operations, with no discontinued‑operations impact in the quarter.
CarGurus reported solid growth for the quarter ended March 31, 2026. Revenue from continuing operations reached $243.6 million, up 15% year over year, driven by both U.S. and international markets. GAAP net income from continuing operations was $32.2 million, down 23% with a 13% margin, largely reflecting $19.7 million of impairments recorded in the period.
On a non-GAAP basis, Adjusted EBITDA from continuing operations rose to $80.2 million, up 17%, with a 33% margin, and non-GAAP free cash flow was $63.2 million. The company repurchased $175 million of stock in the quarter, with total buybacks since December 2022 representing 29% of shares outstanding. Paying dealers grew to 34,596, up 7%, and consolidated QARSD increased 8% to $6,647.
For second quarter 2026, CarGurus guides total revenue to $247–$252 million and non-GAAP Adjusted EBITDA from continuing operations to $77.5–$85.5 million, with non-GAAP earnings per share from continuing operations of $0.57–$0.64. For full-year 2026, it targets revenue growth of 10–13% and a year-over-year decline of 1.5–2.5 percentage points in non-GAAP Adjusted EBITDA from continuing operations margin.
CarGurus, Inc. General Counsel and Secretary Javier Zamora reported a routine tax-withholding disposition related to equity compensation. On May 1, 2026, 1,142 shares of Class A common stock were withheld at $37.04 per share to cover tax liability upon vesting of restricted stock units.
Following this transaction, Zamora directly holds 111,133 shares of CarGurus Class A common stock. The filing reflects a compensation-related share withholding rather than an open-market purchase or sale.
CarGurus, Inc. Chief Product Officer Elshareef Ismail reported a routine compensation-related share disposition. On May 1, 2026, 1,396 shares of Class A Common Stock were withheld at $37.04 per share to cover tax liabilities upon vesting of restricted stock units. This was a tax-withholding disposition, not an open‑market sale. Following the transaction, Ismail directly holds 147,100 shares of CarGurus Class A Common Stock.
Cargurus Inc ownership filing shows Vanguard Capital Management reports beneficial ownership of 4,115,628 shares of Common Stock, representing 5.08% of the class as of 03/31/2026. The filing states sole dispositive power over 4,115,628 shares and sole voting power over 618,552 shares.
Vanguard Portfolio Management reported beneficial ownership of 4,703,383 shares of Cargurus Inc Common Stock, representing 5.8% of the class as of 03/31/2026. The filing states Vanguard has sole dispositive power over 4,703,383 shares and sole voting power for 68,682 shares. The disclosure notes holdings include securities held for Vanguard funds and managed accounts and attributes dispositive power to Vanguard Portfolio Management LLC and specified affiliates.
CarGurus, Inc. is asking stockholders to vote at its virtual 2026 annual meeting on June 3, 2026. Stockholders will elect two Class III directors (Manik Gupta and founder/Executive Chair Langley Steinert) for terms ending in 2029, ratify Ernst & Young LLP as auditor for 2026, and cast a non-binding advisory "Say‑on‑Pay" vote on 2025 executive compensation.
The record date is April 10, 2026, and voting can be done online, by phone, mail, or during the webcast. CarGurus highlights its role as a multinational automotive platform, noting 2025 key metrics such as global average monthly unique users of 41 million, global paying dealers of 34,409, consolidated QARSD of $6,616, and 2025 revenue from continuing operations of $907. The company emphasizes a classified board structure, majority-independent directors, strong committee oversight, and an executive pay program focused on pay-for-performance with equity-based incentives, clawback provisions, and no change-of-control tax gross‑ups.
CarGurus, Inc. Chief Marketing Officer Dafna Sarnoff reported an open-market sale of Class A Common Stock. She sold 5,445 shares at a price of $33.04 per share on April 2, 2026. After this transaction, she directly holds 134,369 shares of CarGurus stock.
The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person, indicating the trade was scheduled in advance rather than timed discretionarily.