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Cars.com (CARS)

Earnings summaries and quarterly performance for Cars.com.

Recent press releases and 8-K filings for CARS.

CARS Announces Strong Q3 2025 Results with Revenue and Adjusted EBITDA Growth
CARS
Earnings
Share Buyback
Guidance Update
  • CARS reported Q3 2025 revenue of $182 million, a 1% year-over-year increase, and Adjusted EBITDA of $55 million, up 7% year-over-year.
  • The company achieved an Adjusted EBITDA margin of 30.1% in Q3 2025, an improvement of 160 basis points year-over-year.
  • Share repurchases totaled $64 million year-to-date 2025, with a full-year 2025 target of $70 million to $90 million. The net leverage ratio was 1.9x, which is below the target range of 2.0x to 2.5x.
  • Dealer Customers reached 19,526 in Q3 2025, marking the highest count since Q3 2022, and Average Monthly Unique Visitors grew 4% year-over-year to 25.5 million.
Nov 6, 2025, 2:00 PM
CARS Reports Q3 2025 Financial Results with Record Revenue and Increased Dealer Count
CARS
Earnings
Revenue Acceleration/Inflection
Share Buyback
  • CARS achieved record revenue of $181.6 million, a 1% year-over-year increase, and reported adjusted EBITDA of $55 million, up 7% year over year, with an adjusted EBITDA margin of 30.1% for Q3 2025.
  • The company repurchased $19 million in shares during Q3, contributing to a year-to-date total of $64 million, and is on track to reach the high end of its $70 million-$90 million full-year repurchase target.
  • Dealer count grew by over 270 year over year to 19,526 in Q3 2025, marking the third consecutive quarter of customer account increase. AccuTrade subscribers reached 1,150, and website subscribers were nearly 7,900.
  • OEM and national revenue decreased 5% year over year, mainly due to reduced spending from two OEM partners.
  • CARS reaffirmed its expectation for low single-digit revenue growth in the second half of 2025 and an adjusted EBITDA margin outlook of 29%-31% for fiscal year 2025.
Nov 6, 2025, 2:00 PM
Cars.com Reports Third Quarter 2025 Results
CARS
Earnings
Guidance Update
Share Buyback
  • Cars.com achieved record total revenue of $181.6 million in Q3 2025, an increase of 1% year-over-year, driven by 2% growth in Dealer revenue.
  • Adjusted EBITDA increased 7% to $54.6 million, representing an Adjusted EBITDA margin of 30.1%. Adjusted net income grew 10% to $30.4 million, with adjusted net income per diluted share rising 18% to $0.48.
  • The company's customer base expanded to 19,526 dealer customers, an increase of 271 year-over-year, and it launched Carson, an AI-powered search feature.
  • Cars.com repurchased $64 million of stock year-to-date through the first nine months of 2025 and remains on track with its $70 to $90 million target for fiscal year 2025.
  • For the second half of 2025, the company anticipates low-single digit revenue growth and reaffirmed its Full Year Adjusted EBITDA margin guidance of 29% to 31%.
Nov 6, 2025, 12:45 PM
Cars.com Reports Third Quarter 2025 Results
CARS
Earnings
Guidance Update
Share Buyback
  • Cars.com achieved record total revenue of $181.6 million in Q3 2025, an increase of 1% year-over-year, with Dealer revenue growing 2%.
  • Adjusted EBITDA for Q3 2025 increased 7% year-over-year to $54.6 million, while GAAP net income decreased 59% to $7.7 million, primarily due to changes in the fair value of contingent consideration in the prior-year period.
  • The company's dealer customer base grew 1% year-over-year to 19,526, and its new Carson AI-powered search features are driving a 2x improvement in visitor engagement.
  • Cars.com repurchased $63.9 million of common stock year-to-date in 2025, remaining on track with its $70 to $90 million target for fiscal year 2025.
Nov 6, 2025, 12:30 PM
Cars.com releases EV market findings and Top EV Picks
CARS
New Projects/Investments
  • Cars.com reports that 47% of EV considerers are accelerating their purchases ahead of the federal EV tax credit's expiration on September 30, 2025, which offers savings of up to $7,500 for new EVs and $4,000 for used models.
  • Demand on Cars.com for new EVs increased 33% year over year, and for used EVs, it rose 22% year over year.
  • In August, new EV inventory grew 1.4% year over year with average prices up 4.1% year over year, while used EV inventory surged 38% year over year and vehicles spent less time on lots.
  • Cars.com also released its Top EV Picks for 2026, highlighting models such as the 2025 Chevrolet Equinox EV and 2026 Hyundai Ioniq 5.
Sep 18, 2025, 6:11 PM