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CARG Stock Price Correlated With Cargurus Financials
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Income Statement
Cash Flow
Balance Sheet
CARG Income Statement
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CARG Cash Flow
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CARG Balance Sheet
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COMPANY PROFILE
1. Organization and Business Description CarGurus, Inc. (the “Company”) is a multinational, online automotive platform for buying and selling vehicles that is building upon its industry-leading listings marketplace with both digital retail solutions and the CarOffer online wholesale platform. The CarGurus marketplace gives consumers the confidence to purchase or sell a vehicle either online or in-person, and it gives dealerships the power to accurately price, effectively market, instantly acquire and quickly sell vehicles, all with a nationwide reach. The Company uses proprietary technology, search algorithms and data analytics to bring trust, transparency and competitive pricing to the automotive shopping experience. The Company is headquartered in Cambridge, Massachusetts and was incorporated in the State of Delaware on June 26, 2015 . The Company operates principally in the United States. In the United States, it also operates as independent brands the Autolist online marketplace, which it wholly owns, and the CarOffer , LLC (“CarOffer”) digital wholesale marketplace, in which it has a 51 % interest. In addition to the United States, the Company operates online marketplaces under the CarGurus brand in Canada and the United Kingdom. In the United Kingdom, it also operates as an independent brand the PistonHeads online marketplace, which it wholly owns. The Company also operated online marketplaces in Germany, Italy, and Spain until it ceased the operations of each of these marketplaces in the second quarter of 2020. The Company has subsidiaries in the United States, Canada, Ireland, and the United Kingdom. Additionally, it has two reportable segments, United States and International. See Note 13 and Note 15 of these consolidated financial statements for further segment reporting and geographical information. The Company is subject to a number of risks and uncertainties common to companies in its and similar industries and stages of development including, but not limited to, rapid technological changes, competition from substitute products and services from larger companies, management of international activities, protection of proprietary rights, patent litigation, and dependence on key individuals.
Free historical financial statements for Cargurus Inc. See how revenue, income, cash flow, and balance sheet financials have changed over 24 quarters since 2018. Compare with CARG stock chart to see long term trends.
Data imported from Cargurus Inc SEC filings. Check original filings before making any investment decision.