Cars.com Q2 revenue flat at $178.7M, net income down 38%, raises buyback target

Cars.com Inc.

2025-Q2 EPS reported $0.08 revenue$357,763,000

Revenue $178.7M flat YoY; net income $7.0M down 38% from $11.4M; adjusted EPS $0.41 vs $0.38.
Adjusted EBITDA $50.9M (28.5% margin) at high end; reaffirms FY29%-31% margin guidance.
Dealer customers 19,412, best sequential growth in 3+ years (+162 QoQ); ARPD $2,435.
Repurchased 2.1M shares for $23.1M in Q2; raises FY2025 buyback target to $70-$90M.
H2 2025 outlook: low-single digit revenue growth; Free cash flow H1 $41.8M (prior $56.4M).

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