Here are a few of the most interesting CarGurus statistics and facts I was able to dig up including user counts. As always, be sure to check back in the future as I will be updating this post as new and updated stats become available.
CarGurus Statistics
CarGurus User Count
Number of CarGurus users:
31.6 million monthly average unique visitors
Last updated 1/1/22
CarGurus Revenue Totals
CarGurus revenue (annual):
- 2021: $951 million
- 2020: $551 million
- 2018: $454 million
- 2017: $316 million
- 2016: $198 million
- 2015: $98 million
CarGurus net income (annual):
- 2021: $109 million
- 2020: $77 million
- 2017: $13 million
- 2016: $6 million
- 2015: $1.6 million net loss
CarGurus Facts
Here is pretty much everything you ever wanted to know about CarGurus.
- Website: Official Website
- Year Founded: 2006
- Headquarters: Cambridge, MA
- Founder(s): Langley Steinert
- Current Chief Executive: Langley Steinert
- App Download (iOS)
- App Download (Android)
What is CarGurus?
CarGurus (Nasdaq: CARG) was founded in 2006 in Cambridge, Massachusetts by Langley Steinert, co-founder of TripAdvisor, who saw an opportunity to create a better car-shopping experience using technology and data analytics. In just over a decade, CarGurus has become the most visited automotive shopping site in the US1, with more car listings than any other major online automotive marketplace in the US.2 CarGurus also operates sites in Canada and the UK. CarGurus began trading on the Nasdaq Global Select Market in October 2017. (source)
Please note that some of these numbers are easier to find than others. A few of these CarGurus statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.