CarGurus, Inc. (CARG) Q4 2025 Earnings Call Transcript

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SA Transcripts158.51K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call CarGurus, Inc. (CARG) Q4 2025 Earnings Call February 19, 2026 5:00 PM EST Company Participants Kirndeep Singh - VP & Head of Investor RelationsJason Trevisan - CEO, CFO, Principal Accounting Officer & DirectorSamuel Zales - COO & President Conference Call Participants Ralph Schackart - William Blair & Company L.L.C., Research DivisionChristopher Pierce - Needham & Company, LLC, Research DivisionNaved Khan - B. Riley Securities, Inc., Research DivisionJohn Colantuoni - Jefferies LLC, Research DivisionBradley Erickson - RBC Capital Markets, Research DivisionAndrew Boone - Citizens JMP Securities, LLC, Research DivisionRajat Gupta - JPMorgan Chase & Co, Research DivisionJamesmichael Sherman-Lewis - Citigroup Inc., Research DivisionWyatt Swanson - D.A. Davidson & Co., Research DivisionMarvin Fong - BTIG, LLC, Research Division Presentation Operator Good day, and welcome to the CarGurus Fourth Quarter and Full Year 2025 Earnings Conference Call. Please note, this event is being recorded. I would now like to turn the call over to Kirndeep Singh, Vice President and Head of Investor Relations. Please go ahead. Kirndeep SinghVP & Head of Investor Relations Good afternoon, and thank you for joining us. With me on the call today are Jason Trevisan, Chief Executive Officer; and Sam Zales, President and Chief Operating Officer. We will be making forward-looking statements, which are based on our current expectations and beliefs. These statements are subject to risks and uncertainties, and our actual results may differ materially. Information concerning those risks and uncertainties is discussed in our SEC filings. We undertake no obligation to update forward-looking statements, except as required by law. Please refer to our press release and our investor presentation on the Investor Relations section of our website for a reconciliation of GAAP to non-GAAP measures. I'll now turn the call over to Jason. Jason TrevisanCEO, CFO, Principal Accounting Officer & Director Good
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