CarGurus (CARG) r&d spend was $138M in FY2025 (-1% YoY). The tables below show the complete quarterly and annual r&d spend history, sourced from SEC EDGAR 10-K and 10-Q filings.
Annual R&D Spend
Fiscal Year
R&D Spend
YoY
2025
$138M
-1%
2024
$139M
+2%
2023
$137M
+10%
2022
$124M
+16%
2021
$106M
+24%
2020
$86M
+23%
2019
$69M
+45%
2018
$48M
+113%
2017
$22M
+96%
2016
$11M
+39%
2015
$8M
Recent Quarterly R&D Spend
Quarter
R&D Spend
Q2 2026
$38M
Q1 2026
$38M
Q4 2025
$31M
Q3 2025
$36M
Q2 2025
$34M
Q1 2025
$35M
Q4 2024
$31M
Q3 2024
$36M
Q2 2024
$37M
Q1 2024
$36M
Q4 2023
$27M
Q3 2023
$35M
Source: CARG on EDGAR. Data from SEC EDGAR 10-K and 10-Q filings. Updated quarterly.