CarGurus releases transcript of Q2 2026 earnings call

Reuters2026/08/07 14:51

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CarGurus discussed Q2 2026 results on its Aug. 6 earnings call attended by CEO Jason Trevisan, President and COO Sam Zales, General Counsel Javier Zamora.
Revenue rose 13% to $251 million; adjusted EBITDA increased 7% to $85 million; free cash flow totaled $88 million, a 103% conversion.
Q3 revenue outlook set at $253.5 million-$258.5 million; adjusted EBITDA guided to $82 million-$90 million; non-GAAP EPS seen at $0.63-$0.69.
Full-year revenue growth guidance held at 10%-13%; adjusted EBITDA margin now expected to compress 50-150 bps versus 2025.
Management cited cautious dealer spending tied to margin pressure and FTC all-in price transparency; highlighted AI-driven engagement, including Guru-led leads up 60% sequentially.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CarGurus Inc. published the original content used to generate this news brief on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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CarGurus releases transcript of Q2 2026 earnings call

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