CarGurus (CARG) Q2 FY26 earnings call

CarGurus delivered strong Q2 FY26 results, surpassing revenue guidance and raising its full-year profitability outlook, driven by accelerated AI-led innovation and new product adoption. Despite a cautious macro environment impacting dealer spending, the company saw increased dealer engagement and robust international growth. Management remains confident in its long-term strategy, leveraging proprietary data and disciplined capital allocation to expand its role in the car shopping journey.