---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-21-000862"
form_type: "8-K"
ticker: "CARS"
cik: "0001683606"
company_name: "Cars.com Inc."
filed_at: "2021-08-05T23:59:59+00:00"
generated_at: "2026-06-29T21:47:18.290437+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CARS Q2 revenue $155.5M, net income $6.0M; beats guidance with strong cash flow

## Summary
- Revenue $155.5M, up 52% YoY (11% ex credits); GAAP net income $6.0M ($0.08/diluted) vs loss of $24.6M.
- Adjusted EBITDA $48.5M (31% margin); year-to-date free cash flow $66.5M, up 36% YoY.
- ARPD $2,299, up 59% YoY (10% ex credits); dealer customers 18,845 (+5% YoY).
- Voluntary debt prepayment of $20M in Q2, $70M total H1; net leverage ratio improved to 2.4x.
- Q3 guidance: revenue $155M-$157M, adjusted EBITDA margins 27.5%-29.5%.

## SEC filing metadata
- accession: 0000950170-21-000862
- form_type: 8-K
- ticker: CARS
- cik: 0001683606
- company_name: Cars.com Inc.
- filed_at: 2021-08-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1683606/000095017021000862/0000950170-21-000862-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1683606/000095017021000862/cars-20210805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-21-000862
- JSON: https://secwatch.observer/filing/0000950170-21-000862.json
- Plain text: https://secwatch.observer/filing/0000950170-21-000862.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.