CarGurus, Inc. (CARG) Q2 2026 Earnings Call Transcript

SA Transcripts 161.6K Followers Follow CarGurus, Inc. ( CARG ) Q2 2026 Earnings Call August 6, 2026 5:00 PM EDT Company Participants Javier Zamora - General Counsel & Corporate Secretary Jason Trevisan - CEO, CFO, Interim Principal Financial & Accounting Officer, Treasurer & Director Samuel Zales - COO & President Conference Call Participants Andrew Boone - Citizens JMP Securities, LLC, Research Division Jash Patwa - JPMorgan Chase & Co, Research Division John Babcock - Barclays Bank PLC, Research Division Ryan James Powell - B. Riley Securities, Inc., Research Division Christopher Pierce - Needham & Company, LLC, Research Division Presentation Operator Good day, and welcome to the CarGurus' Second Quarter 2026 Earnings Conference Call. Please note, this event is being recorded. I would now like to turn the call over to Javier Zamora, General Counsel & Corporate Secretary. Please go ahead. Javier Zamora General Counsel & Corporate Secretary 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 Trevisan CEO, CFO, Interim Principal Financial & Accounting Officer, Treasurer & Director Good afternoon. We delivered strong second quarter results with revenue growing 13% year-over-year to $251 million, above the midpoint of our guidance range, including another robust quarter in our international business, which grew 28% year-over-year. Adjusted EBITDA increased 7% year-over-year to $85 million, at the