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CarGurus Inc (CarGurus) is an online automotive platform for buying and selling vehicles. It provides tools and resources for buying, financing, and selling vehicles. The company's main activities include offering an online marketplace for new and used cars, providing vehicle deal ratings, and offering digital solutions for car dealerships. Its services include its online listings, digital deal platform, and CarOffer service, which assists dealers in sourcing and selling vehicles. The company operates online marketplaces under the brands CarGurus, Autolist, and CarOffer. CarGurus is headquartered in Cambridge, Massachusetts, the US.
Headquarters
United States of America
Address
1001 Boylston Street, 16th Floor, Boston, Massachusetts, 02115
Website
www.cargurus.com
Telephone
1 617 3540068
No of Employees
1,282
Industry
Technology and Communications
Ticker Symbol & Exchange
CARG (NASD)
Revenue (2024)
$894.4M
-2.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-43.2%
(2024 vs 2023)
Market Cap*
$3.3B
Net Profit Margin (2024)
XYZ
-42.1%
(2024 vs 2023)
* As of and is in US$
CarGurus Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Cars | Marketing and Sale Services | CarOffer |
| Technology Platform: | Autolist | |
| CarOffer Online Wholesale Platform | CarGurus |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In October, the company launched a new AI-powered search feature tailored to personalize and streamline the car-buying experience. |
| 2024 | New Products/Services | In November, the company introduced CarGurus Digital Deal. |
| 2024 | Corporate Changes/Expansions | In October, the company opened its new headquarters in Back Bay, Boston, the US. |
Competitor Comparison
| Key Parameters | CarGurus Inc | AutoNation Inc | CarMax Inc | Carvana Co | America's Car-Mart Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Boston | Fort Lauderdale | Richmond | Tempe | Rogers |
| State/Province | Massachusetts | Florida | Virginia | Arizona | Arkansas |
| No. of Employees | 1,282 | 25,100 | 30,048 | 17,400 | 2,300 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Langley Steinert | Chairman | Executive Board | - | - |
| Jason Trevisan | Chief Executive Officer; Director | Executive Board | - | - |
| Zach Hallowell | Chief Executive Officer | Senior Management | - | - |
| Sam Zales | Chief Operating Officer; President | Senior Management | - | - |
| Matt Quinn | Chief Technology Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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