Cars.com Q1 revenue up 1% to $180.2M, net income turns positive, raises buyback target to $90M

Cars.com Inc.

2026-Q1 EPS reported $0.08 revenue$180,223,000

Net income of $5.0M ($0.08 diluted EPS) vs net loss of ($2.0M) in prior year; adjusted EPS $0.45.
Revenue $180.2M (+1% YoY); Dealer revenue up 2% to $163.0M; OEM/National down 12%.
Adjusted EBITDA $51.0M (28.3% margin), beating guidance of 26-27%.
Share repurchases: 3.8M shares for $33M through April 30; full-year target raised to $90M.
Cost reduction program expected to generate $25-30M in annualized savings by 2027.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Cars.com Inc. reported first quarter ended March 31, 2026 results: revenue $180.2 million, net income $5.0 million, EPS $0.08 per diluted share.

Period: first quarter ended March 31, 2026
Revenue: $180.2 million
Net income: $5.0 million
EPS: $0.08 per diluted share
Result: reported results

Exact text from the filing

and is incorporated herein by reference. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 Cars.com Reports First Quarter 2026 Results • Revenue grew in line with guidance to $180.2 million, up 1% year-over-year • Net income increased to $5.0 million compared to net loss of ($2.0) million in the prior year • Adjusted EBITDA grew to $51.0 million, up 1%

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Source: SEC EDGAR

accession 0001193125-26-210377

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