CarGurus, Inc. (CARG) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 69.85M | 83.12M | 71.17M | 73.12M | 67.88M | 75.74M | 56.2M | 71.6M | 51.96M | 2.5M | 26.35M | 29.34M | 66.34M | 95.3M | 73.21M | -5.46M | 93.06M | -36.77M | 53.73M | 37.47M |
| Operating CF Margin % | 28.68% | 34.47% | 29.81% | 31.24% | 30.15% | 33.14% | 24.29% | 32.74% | 24.08% | 1.12% | 12.01% | 12.24% | 28.6% | 33.24% | 17.17% | -1.07% | 21.61% | -10.84% | 24.1% | 17.21% |
| Operating CF Growth % | 2.9% | 9.74% | 26.64% | 2.13% | 30.63% | 2934.33% | 113.27% | 144.06% | -21.68% | -97.38% | -64.01% | 636.8% | -28.71% | 359.18% | 36.26% | -114.58% | 112.17% | -176.71% | -27.27% | 51.18% |
| Net Income | 32.23M | 49.8M | 44.72M | 22.34M | 39.05M | 45.88M | 22.51M | -68.72M | 21.3M | -22.6M | 18.97M | 13.82M | 11.87M | 23.23M | 18.82M | 18.06M | 18.84M | 34.16M | 29.27M | 27.4M |
| Depreciation & Amortization | 7.17M | 7.75M | 7.36M | 6.68M | 6.55M | 7.04M | 1.92M | 5.66M | 10.87M | 12.76M | 12.47M | 11.67M | 11.58M | 11.73M | 11.18M | 11.23M | 11.19M | 10.99M | 10.66M | 10.16M |
| Stock-Based Compensation | 13.27M | 11.89M | 12.63M | 13.03M | 12.9M | 15.66M | 15.46M | 15.56M | 15.82M | 19.97M | 14.26M | 14.6M | 14.9M | 13.23M | 13.97M | 13.43M | 14.15M | 10.97M | 13.8M | 14.39M |
| Deferred Taxes | 1.05M | 11.92M | 27.3M | -9.94M | -3.39M | 14M | -3.18M | -35.11M | -9.05M | -5.74M | -15.72M | -4.49M | -11.92M | 8.55M | -7.2M | -10.37M | -13.09M | 389K | 3.44M | 2.28M |
| Other Non-Cash Items | 25.61M | 4.96M | 5.13M | 37.09M | 4.2M | 5.58M | 23.77M | 130.75M | 674K | 2.83M | 4.11M | 3.21M | 2.08M | 3.21M | 3.47M | 3.58M | 3.04M | 4.06M | 5.78M | 3.35M |
| Working Capital Changes | -9.48M | -3.2M | -25.97M | 3.92M | 8.57M | -12.42M | -4.28M | 23.46M | 12.35M | -4.73M | -7.75M | -9.47M | 37.84M | 35.35M | 32.96M | -41.4M | 58.94M | -97.34M | -9.21M | -20.1M |
| Change in Receivables | -3.66M | -2.73M | 1.18M | -847K | 3.07M | 527K | -5.64M | 4.42M | -4.18M | 10.64M | -12.9M | 6.38M | 6.86M | 89.47M | 75.51M | -51.99M | 39.97M | -123.18M | -3.61M | -45.56M |
| Change in Inventory | 0 | 0 | 711K | -20K | -353K | -261K | 863K | -395K | -319K | -3M | 219K | 1.09M | 3.65M | 22.88M | -6.48M | -692K | -1.34M | -13.26M | -1.52M | -1.97M |
| Change in Payables | 1.17M | -670K | -2.46M | 2.62M | 4.08M | -15.43M | 1.47M | 8.59M | 707K | 903K | -2.96M | -6.13M | 10.27M | -36.36M | -6.86M | 12.23M | -4.06M | 10.85M | 9.21M | 10.46M |
| Cash from Investing | -6.69M | -6.68M | -7.16M | -7.84M | -7.63M | -13.7M | -14.89M | -31.23M | -13.15M | 53.45M | -10.68M | -98.45M | -5.89M | -4.83M | 25.72M | 25.57M | 26.26M | -4.8M | -7.3M | 12.04M |
| Capital Expenditures | -391K | -1.2M | -1.36M | -1.58M | -2.24M | -10.24M | 419K | -31.23M | -34.13M | -20.39M | -9.13M | -5.8M | -2.4M | -4.83M | -1.51M | -1.43M | -1.23M | -2.78M | -263K | -3.44M |
| CapEx % of Revenue | 0.16% | 0.5% | 0.57% | 0.68% | 0.99% | 4.48% | 0.18% | 14.28% | 15.82% | 9.14% | 4.16% | 2.42% | 1.03% | 1.68% | 0.35% | 0.28% | 0.29% | 0.82% | 0.12% | 1.58% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -460K | 0 | 460K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.63M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -6.3M | -5.49M | -5.79M | -6.26M | -5.39M | -3.46M | -15.31M | 0 | 259K | 3.11M | -307K | -2.6M | -3.49M | 90M | -2.77M | -3M | -2.51M | -2.02M | -2.04M | -46.14M |
| Cash from Financing | -181.01M | -64.78M | -118.45M | -9.06M | -191.48M | -4.37M | -10.28M | -70.94M | -83.04M | -129.96M | -22.62M | -27.83M | -73.24M | -34.93M | -32.05M | 11.25M | -36.89M | 42.86M | -2.98M | -3.03M |
| Debt Issued (Net) | -20K | -21K | -20K | -20K | -20K | -19K | -19K | -19K | -18K | -18K | -18K | -17K | -17K | -17K | -16K | -16K | -19K | -10K | -16K | -3K |
| Equity Issued (Net) | -174.38M | -57M | -110.25M | -1.78M | -182.83M | 0 | -3.7M | -65.02M | -77.43M | -101.11M | -20.76M | -27.3M | -69.02M | -14.43M | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -55K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -174.44M | -57.04M | -110.28M | -1.78M | -182.83M | 0 | -3.7M | -65.04M | -77.44M | -101.11M | -15.95M | -22.43M | -69.02M | -14.43M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -6.61M | -7.76M | -8.18M | -7.26M | -8.63M | -4.35M | -6.56M | -5.9M | -5.59M | -28.77M | -1.84M | -514K | -4.2M | -20.49M | -32.03M | 11.27M | -36.88M | 42.87M | -2.97M | -3.03M |
| Net Change in Cash | -118.47M | 11.66M | -54.49M | 57.64M | -130.52M | 55.49M | 32.38M | -30.76M | -44.8M | -73.03M | -7.67M | -97.06M | -12.45M | 56.82M | 66.16M | 30.66M | 82.22M | 1.06M | 43.22M | 46.47M |
| Free Cash Flow | 69.46M | 81.92M | 64.01M | 65.27M | 60.25M | 62.04M | 56.62M | 40.37M | 17.83M | -17.89M | 17.22M | 23.54M | 60.46M | 90.48M | 68.93M | -9.89M | 89.32M | -41.57M | 51.43M | 32.88M |
| FCF Margin % | 28.52% | 33.98% | 26.82% | 27.89% | 26.76% | 27.15% | 24.47% | 18.46% | 8.26% | -8.02% | 7.85% | 9.82% | 26.06% | 31.55% | 16.16% | -1.93% | 20.74% | -12.25% | 23.07% | 15.1% |
| FCF Growth % | 15.29% | 32.04% | 13.06% | 61.69% | 237.83% | 446.7% | 228.85% | 71.53% | -70.5% | -119.78% | -75.02% | 337.93% | -32.32% | 317.66% | 34.03% | -130.08% | 114.37% | -190% | -28.93% | 46.8% |
| FCF per Share | 0.73 | 0.85 | 0.64 | 0.65 | 0.57 | 0.58 | 0.54 | 0.39 | 0.16 | -0.16 | 0.15 | 0.21 | 0.52 | 0.76 | 0.52 | -0.08 | 0.76 | -0.35 | 0.43 | 0.28 |
| FCF Conversion (FCF/Net Income) | 2.17x | 1.67x | 1.59x | 3.27x | 1.74x | 1.65x | 2.50x | -1.04x | 2.44x | -0.14x | 1.18x | 1.79x | 4.11x | 1.91x | 0.68x | 0.53x | -1.50x | -1.24x | 1.84x | 1.34x |
| Interest Paid | 0 | 0 | 0 | 282K | 34K | 161K | 302K | 166K | 143K | 155K | 132K | 135K | 144K | 39K | 25K | 0 | 0 | 0 | -8.06M | 0 |
| Taxes Paid | 0 | 0 | 0 | 16.57M | 700K | 3.82M | 11.05M | 24.77M | 1.13M | 25.85M | 12.63M | 33.89M | 2.41M | 7.75M | 12.09M | 40.09M | 1.07M | 5.72M | 13.58M | 8.14M |