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How CarGurus, Inc. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$907M · 100%Cost of revenue$65.5M · 7%Gross profit$842M · 93%Operating income$244M · 27%Income before tax$253M · 28%Income tax$56.1M · 6%Net income$156M · 17%As of 2025-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$907M100%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-059435 · filed Feb 19, 2026
Cost of revenue$65.5M7%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-059435 · filed Feb 19, 2026
$842M93%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-059435 · filed Feb 19, 2026
$244M27%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-059435 · filed Feb 19, 2026
Income before tax$253M28%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-059435 · filed Feb 19, 2026
Income tax$56.1M6%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-059435 · filed Feb 19, 2026
$156M17%
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-059435 · filed Feb 19, 2026
Source:
  • 10-K · FY 2025Filing detailsAccession 0001193125-26-059435 · filed Feb 19, 2026
· event Dec 31, 2025 · retrieved Oct 15, 2026 · annual-row source set
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