CarGurus(CARG) - 2025 Q3 - Earnings Call Presentation

Financial Performance - Marketplace revenue grew by 14% year-over-year[8] - Non-GAAP Marketplace adjusted EBITDA margin was 36%[28] - U S QARSD increased by 7 9% year-over-year[16] - International QARSD increased by 15 5% year-over-year[16] - U S Paying Dealers increased by 4 8% year-over-year[18] - International Paying Dealers increased by 11 3% year-over-year[18] Q4 and Full-Year 2025 Guidance - Q4 2025 Marketplace Revenue is projected to be between $236 million and $241 million[41] - Full-Year 2025 Marketplace Revenue is projected to be between $902 million and $907 million[41] - Q4 2025 Non-GAAP Marketplace Adjusted EBITDA is projected to be between $83 million and $91 million[41] - Full-Year 2025 Non-GAAP Marketplace Adjusted EBITDA is projected to be between $313 million and $321 million[41] - Full-Year 2025 Non-GAAP Earnings Per Share is projected to be between $2 19 and $2 25[41]