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Side-by-side financial comparison of CarGurus, Inc. (CARG) and Cheer Holding, Inc. (CHR). Click either name above to swap in a different company.

CarGurus, Inc. is the larger business by last-quarter revenue ($209.1M vs $71.0M, roughly 2.9× Cheer Holding, Inc.). CarGurus, Inc. runs the higher net margin — 23.8% vs 10.9%, a 12.9% gap on every dollar of revenue. On growth, Cheer Holding, Inc. posted the faster year-over-year revenue change (-0.1% vs -8.5%).

CarGurus, Inc. is an automotive research and shopping website operating in the U.S., U.K. and Canada that assists consumers and auto dealers in comparing local listings for used and new cars, and contacting sellers.

Cheer Holding, Inc. is a diversified holding company primarily operating in the Chinese market, with core business segments covering early childhood education services, mobile lifestyle platforms, digital content offerings, and integrated consumer solutions for households and enterprise partners across multiple demand scenarios.

CARG vs CHR — Head-to-Head

Bigger by revenue
CARG
CARG
2.9× larger
CARG
$209.1M
$71.0M
CHR
Growing faster (revenue YoY)
CHR
CHR
+8.4% gap
CHR
-0.1%
-8.5%
CARG
Higher net margin
CARG
CARG
12.9% more per $
CARG
23.8%
10.9%
CHR

Income Statement — Q4 2025 vs Q2 2025

Metric
CARG
CARG
CHR
CHR
Revenue
$209.1M
$71.0M
Net Profit
$49.8M
$7.8M
Gross Margin
70.7%
Operating Margin
57.0%
11.7%
Net Margin
23.8%
10.9%
Revenue YoY
-8.5%
-0.1%
Net Profit YoY
8.5%
-37.5%
EPS (diluted)
$0.51
$0.67

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CARG
CARG
CHR
CHR
Q4 25
$209.1M
Q3 25
$238.7M
Q2 25
$234.0M
$71.0M
Q1 25
$225.2M
Q4 24
$228.5M
Q3 24
$231.4M
Q2 24
$218.7M
$71.1M
Q1 24
$215.8M
Net Profit
CARG
CARG
CHR
CHR
Q4 25
$49.8M
Q3 25
$44.7M
Q2 25
$22.3M
$7.8M
Q1 25
$39.0M
Q4 24
$45.9M
Q3 24
$22.5M
Q2 24
$-68.7M
$12.4M
Q1 24
$21.3M
Gross Margin
CARG
CARG
CHR
CHR
Q4 25
Q3 25
89.5%
Q2 25
87.3%
70.7%
Q1 25
88.7%
Q4 24
87.1%
Q3 24
78.9%
Q2 24
83.4%
73.4%
Q1 24
81.1%
Operating Margin
CARG
CARG
CHR
CHR
Q4 25
57.0%
Q3 25
22.9%
Q2 25
10.6%
11.7%
Q1 25
20.3%
Q4 24
23.3%
Q3 24
11.9%
Q2 24
-42.8%
16.4%
Q1 24
12.2%
Net Margin
CARG
CARG
CHR
CHR
Q4 25
23.8%
Q3 25
18.7%
Q2 25
9.5%
10.9%
Q1 25
17.3%
Q4 24
20.1%
Q3 24
9.7%
Q2 24
-31.4%
17.5%
Q1 24
9.9%
EPS (diluted)
CARG
CARG
CHR
CHR
Q4 25
$0.51
Q3 25
$0.45
Q2 25
$0.22
$0.67
Q1 25
$0.37
Q4 24
$0.45
Q3 24
$0.21
Q2 24
$-0.66
$1.23
Q1 24
$0.20

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CARG
CARG
CHR
CHR
Cash + ST InvestmentsLiquidity on hand
$190.5M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$374.2M
$322.1M
Total Assets
$661.9M
$362.7M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CARG
CARG
CHR
CHR
Q4 25
$190.5M
Q3 25
$178.8M
Q2 25
$231.2M
Q1 25
$172.9M
Q4 24
$304.2M
Q3 24
$246.7M
Q2 24
$216.2M
$186.1M
Q1 24
$246.3M
Total Debt
CARG
CARG
CHR
CHR
Q4 25
$0
Q3 25
$0
Q2 25
$0
Q1 25
$0
Q4 24
$0
Q3 24
$0
Q2 24
$0
Q1 24
$0
Stockholders' Equity
CARG
CARG
CHR
CHR
Q4 25
$374.2M
Q3 25
$375.4M
Q2 25
$435.5M
$322.1M
Q1 25
$402.1M
Q4 24
$541.7M
Q3 24
$483.5M
Q2 24
$452.1M
$286.1M
Q1 24
$568.4M
Total Assets
CARG
CARG
CHR
CHR
Q4 25
$661.9M
Q3 25
$660.5M
Q2 25
$726.1M
$362.7M
Q1 25
$689.1M
Q4 24
$824.5M
Q3 24
$778.2M
Q2 24
$753.3M
$333.2M
Q1 24
$870.8M
Debt / Equity
CARG
CARG
CHR
CHR
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CARG
CARG
CHR
CHR
Operating Cash FlowLast quarter
$83.1M
$3.9M
Free Cash FlowOCF − Capex
$81.9M
FCF MarginFCF / Revenue
39.2%
Capex IntensityCapex / Revenue
0.6%
Cash ConversionOCF / Net Profit
1.67×
0.51×
TTM Free Cash FlowTrailing 4 quarters
$288.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CARG
CARG
CHR
CHR
Q4 25
$83.1M
Q3 25
$71.2M
Q2 25
$73.1M
$3.9M
Q1 25
$67.9M
Q4 24
$75.7M
Q3 24
$56.2M
Q2 24
$71.6M
$-6.7M
Q1 24
$52.0M
Free Cash Flow
CARG
CARG
CHR
CHR
Q4 25
$81.9M
Q3 25
$69.8M
Q2 25
$71.5M
Q1 25
$65.6M
Q4 24
$65.5M
Q3 24
$45.9M
Q2 24
$45.6M
Q1 24
$23.3M
FCF Margin
CARG
CARG
CHR
CHR
Q4 25
39.2%
Q3 25
29.2%
Q2 25
30.6%
Q1 25
29.2%
Q4 24
28.7%
Q3 24
19.8%
Q2 24
20.9%
Q1 24
10.8%
Capex Intensity
CARG
CARG
CHR
CHR
Q4 25
0.6%
Q3 25
0.6%
Q2 25
0.7%
Q1 25
1.0%
Q4 24
4.5%
Q3 24
4.4%
Q2 24
11.9%
Q1 24
13.3%
Cash Conversion
CARG
CARG
CHR
CHR
Q4 25
1.67×
Q3 25
1.59×
Q2 25
3.27×
0.51×
Q1 25
1.74×
Q4 24
1.65×
Q3 24
2.50×
Q2 24
-0.54×
Q1 24
2.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CARG
CARG

US$187.0M89%
Non Us$22.1M11%

CHR
CHR

Segment breakdown not available.

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