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CarGurus Announces First Quarter 2026 Results

Q1'26 revenue grew 15% YoY to $244 million, at the midpoint of our guidance range Q1'26 GAAP Net Income from continuing operations of $32.2 million, down 23% YoY; Non-GAAP Adjusted EBITDA from continuing operations of $80.2 million, above the high end of our guidance range Repurchased $175 million worth of shares in Q1'26; total repurchases since December 2022 represent 29% of shares outstanding BOSTON, May 07, 2026 (GLOBE NEWSWIRE) -- CarGurus, Inc. (Nasdaq: CARG), the No. 1 visited automotive shopping site in the U.S.1, today announced financial results for the first quarter ended March 31, 2026.

Hyundai IONIQ 5 Named "Best EV Experience" in 2026 CarGurus Confidence Awards

Hyundai IONIQ 5 stands out in car shopping website's inaugural Confidence Awards CarGurus honors IONIQ 5 for delivering the best real-world EV experience 2026 IONIQ 5 delivers up to an EPA ‑ estimated 318 miles i  of all-electric range with rapid 350kW DC fast ‑ charging ii  capability IONIQ 5 is proudly assembled in the U.S. at Hyundai Motor Group Metaplant America (HMGMA) in Bryan County, GA FOUNTAIN VALLEY, Calif., May 6, 2026 /PRNewswire/ -- Hyundai Motor America today announced that the 2026 Hyundai IONIQ 5 has been recognized with the "Best EV Experience" award in CarGurus' inaugural Confidence Awards.

CarGurus Recognizes the Top New Cars of 2026 in Inaugural Confidence Awards

Chosen by expert reviewers and backed by CarGurus' proprietary data, the awards highlight the best cars for affordability, modern design, and smart engineering in four key categories BOSTON, May 06, 2026 (GLOBE NEWSWIRE) -- CarGurus , the No. 1 most visited automotive shopping site in the U.S.1, today announced the winners of the 2026 CarGurus Confidence Awards, recognizing standout vehicles in four categories that reflect the needs of today's shoppers: Best Truck for Families, Best Family Upgrade, Best Electric Vehicle (EV) Experience, and Best Smart Luxury Model.

Car Buyers are Changing Lanes: CarGurus Reveals Where Consumers are Finding Value

Growing used car demand and surging interest in fuel-efficient vehicles are creating new opportunities for shoppers and dealers alike BOSTON, April 07, 2026 (GLOBE NEWSWIRE) -- CarGurus, the No. 1 most visited automotive shopping site in the U.S.¹, today released its Quarterly Review for Q1 2026, highlighting the key trends shaping the automotive market and where opportunities are emerging for car shoppers and dealers.