CarGurus, Inc. (CARG) Spending and interest coverage
- R&D / revenue · 12 months: Value 15.03%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-30..
- Stock-based compensation / revenue · 12 months: Value 5.29%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-30..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 15.03% | Research and development expense / revenue. Period ending 2026-06-30. $145.34M ÷ $967.27M × 100 ≈ 15.03% |
| Stock-based compensation / revenue · 12 months | 5.29% | Share-based compensation / revenue. Period ending 2026-06-30. $51.14M ÷ $967.27M × 100 ≈ 5.29% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 145.34M USD | Research and Development Expense |
| Revenue | 967.27M USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 51.14M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 236.30M USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $145.34M | $967.27M | $51.14M | $236.30M | (m) | 15.03% | 5.29% | (m) | (m) |
| 2026-03-31 | $140.93M | $938.30M | $50.81M | $233.87M | (m) | 15.02% | 5.42% | (m) | (m) |
| 2025-12-31 | $138.28M | $906.98M | $50.44M | $244.44M | (m) | 15.25% | 5.56% | (m) | (m) |
| 2025-09-30 | $142.88M | $926.42M | $54.21M | $178.55M | (m) | 15.42% | 5.85% | (m) | (m) |
| 2025-06-30 | $142.93M | $919.09M | $57.04M | $151.31M | (m) | 15.55% | 6.21% | (m) | (m) |
| 2025-03-31 | $145.14M | $903.75M | $59.35M | $32.88M | (m) | 16.06% | 6.57% | (m) | (m) |
| 2024-12-31 | $144.43M | $894.38M | $62.27M | $13.41M | (m) | 16.15% | 6.96% | (m) | (m) |
| 2024-09-30 | $145.22M | $888.97M | $66.58M | $-62.13M | (m) | 16.34% | 7.49% | (m) | (m) |
| 2024-06-30 | $144.30M | $877.03M | $65.39M | $-66.47M | (m) | 16.45% | 7.46% | (m) | (m) |
| 2024-03-31 | $145.11M | $898.08M | $64.66M | $44.85M | (m) | 16.16% | 7.20% | (m) | (m) |
| 2023-12-31 | $146.17M | $914.24M | $63.74M | $32.63M | (m) | 15.99% | 6.97% | (m) | (m) |
| 2023-09-30 | $140.99M | $977.86M | $57.00M | $84.51M | (m) | 14.42% | 5.83% | (m) | (m) |
| 2023-06-30 | $135.76M | $1.18B | $56.70M | $90.07M | (m) | 11.46% | 4.79% | (m) | (m) |
| 2023-03-31 | $129.72M | $1.46B | $55.53M | $95.88M | (m) | 8.91% | 3.81% | (m) | (m) |
| 2022-12-31 | $123.77M | $1.66B | $54.78M | $108.48M | (m) | 7.48% | 3.31% | (m) | (m) |
| 2022-09-30 | $119.31M | $1.71B | $52.52M | $122.78M | (m) | 6.99% | 3.08% | (m) | (m) |
| 2022-06-30 | $115.64M | $1.50B | $52.36M | $134.20M | (m) | 7.69% | 3.48% | (m) | (m) |
| 2022-03-31 | $111.91M | $1.21B | $53.31M | $149.14M | (m) | 9.24% | 4.40% | (m) | (m) |
| 2021-12-31 | $106.42M | $951.37M | $53.52M | $148.27M | (m) | 11.19% | 5.63% | (m) | (m) |
| 2021-09-30 | $99.33M | $763.58M | $53.24M | $137.81M | (m) | 13.01% | 6.97% | (m) | (m) |
| 2021-06-30 | $93.55M | $688.14M | $50.46M | $141.30M | (m) | 13.59% | 7.33% | (m) | (m) |
| 2021-03-31 | $87.81M | $565.13M | $47.84M | $111.53M | (m) | 15.54% | 8.47% | (m) | (m) |
| 2020-12-31 | $85.73M | $551.45M | $45.09M | $97.76M | (m) | 15.55% | 8.18% | (m) | (m) |
| 2020-09-30 | $84.13M | $558.05M | $43.31M | $77.93M | (m) | 15.08% | 7.76% | (m) | (m) |
| 2020-06-30 | $81.11M | $561.04M | $41.05M | $44.07M | (m) | 14.46% | 7.32% | (m) | (m) |
| 2020-03-31 | $76.57M | $611.34M | $38.22M | $38.91M | (m) | 12.53% | 6.25% | (m) | (m) |
| 2019-12-31 | $69.46M | $588.92M | $34.30M | $34.32M | (m) | 11.79% | 5.82% | (m) | (m) |
| 2019-09-30 | $65.22M | $556.85M | $31.23M | $27.59M | (m) | 11.71% | 5.61% | (m) | (m) |
| 2019-06-30 | $60.24M | $525.52M | $28.00M | $23.76M | (m) | 11.46% | 5.33% | (m) | (m) |
| 2019-03-31 | $54.74M | $490.78M | $24.66M | $24.17M | (m) | 11.15% | 5.03% | (m) | (m) |
| 2018-12-31 | $47.87M | $454.09M | $20.79M | $23.19M | (m) | 10.54% | 4.58% | (m) | (m) |
| 2018-09-30 | $42.03M | $418.67M | $19.75M | $9.03M | (m) | 10.04% | 4.72% | (m) | (m) |
| 2018-06-30 | $35.05M | $382.61M | $14.30M | $8.26M | (m) | 9.16% | 3.74% | (m) | (m) |
| 2018-03-31 | $27.92M | $348.53M | $8.77M | $12.81M | (m) | 8.01% | 2.52% | (m) | (m) |
| 2017-12-31 | $22.47M | $316.86M | $5.03M | $15.27M | $29.00K | 7.09% | 1.59% | 526.69× | Reported |
| 2017-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-06-30 | (m) | $257.18M | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-03-31 | (m) | $226.56M | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2016-12-31 | $11.45M | $198.14M | $322.00K | $8.57M | $26.00K | 5.78% | 0.16% | 329.65× | Reported |
| 2016-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2015-12-31 | $8.23M | $98.59M | $1.04M | $-2.53M | $12.00K | 8.35% | 1.05% | -210.67× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.