---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-122811"
form_type: "8-K"
ticker: "CARS"
cik: "0001683606"
company_name: "Cars.com Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:38:20.062341+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cars.com Q3 revenue $179.7M (+3.1% YoY); Adj. EBITDA $51.1M; reaffirms FY2024 outlook

## Summary
- Revenue $179.7M (+3.1% YoY); net income $18.7M vs $4.5M; Adj. EBITDA $51.1M (28.5% margin).
- OEM & National revenue up 17% YoY; Dealer revenue up 2% YoY; ARPD $2,478 (-3%).
- YTD net cash from ops $122.5M (+34% YoY); free cash flow $103.7M; repurchased 1.2M shares in Q3.
- Debt reduced to $470M; net leverage 2.0x, at low-end of target range.
- FY2024 outlook reaffirmed: rev growth 4.5-5.5%, Adj. EBITDA margin 28-30%.

## SEC filing metadata
- accession: 0000950170-24-122811
- form_type: 8-K
- ticker: CARS
- cik: 0001683606
- company_name: Cars.com Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1683606/000095017024122811/0000950170-24-122811-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1683606/000095017024122811/cars-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-122811
- JSON: https://secwatch.observer/filing/0000950170-24-122811.json
- Plain text: https://secwatch.observer/filing/0000950170-24-122811.txt

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