CarGurus Q3 Earnings Beat Expectations
Update: 2025-11-06
Description
CarGurus Q3 2025 earnings surpassed Wall Streets expectations, with sales of $238.7 million, a 3.2% increase from last year. The company projects a 0.6% higher revenue for Q4, indicating continued growth. CEO Jason Trevisan attributed the success to increased dealer adoption of data-driven tools, leading to a 1,989-dealer increase, totaling 33,673. ARPU grew by 7.5% to $6,492, showing increased monetization from each user. The stock traded up 5.6% to $35 post-report.
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