secwatch.observer — SEC 8-K summary ====================================== Issuer: Cars.com Inc. (CARS) CIK: 0001683606 Form: 8-K Filed at: 2026-02-26T23:59:59+00:00 Accession: 0001193125-26-073457 Event type: earnings Sentiment: neutral Materiality: 0.70 Item codes: 2.02, 9.01 LLM model: deepseek-v4-flash:cloud@v2 Cars.com Q4 revenue up 2% to $183.9M; FY2025 record $723M; net income down 57% ------------------------------------------------------------------------------ - Q4 revenue $183.9M (+2% YoY); net income $7.4M ($0.12 diluted) vs $17.3M ($0.26) prior year. - FY2025 revenue record $723.2M (+1% YoY); Adj. EBITDA $211.1M (29.2% margin, flat YoY). - Dealer customers 19,544 (+2% YoY); ARPD $2,472; AccuTrade subscribers 1,180, appraisals +75% YoY. - Repurchased 7.1M shares for $86M in FY2025 (retired ~9%); $174M authorization remains. - Q1 2026 revenue outlook flat to +1% YoY; FY2026 rev flat to +2% YoY; Adj. EBITDA margin 29-30%. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/1683606/000119312526073457/0001193125-26-073457-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/1683606/000119312526073457/cars-20260226.htm HTML page: https://secwatch.observer/filing/0001193125-26-073457 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer