8-K
filed May 7, 2026, 7:59 PM ET
ticker CARS
CIK 0001683606
earnings
confidence high
sentiment positive
materiality 0.80
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.
Machine-readable event card
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- 0001193125-26-210377
- form_type
- 8-K
- ticker
- CARS
- cik
- 0001683606
- company_name
- Cars.com Inc.
- filed_at
- 2026-05-07T23:59:59+00:00
- discovered_at
- 2026-05-14T18:02:32.732528+00:00
- generated_at
- 2026-05-14T21:51:11.051803+00:00
- sec_items
- ["2.02", "9.01"]
- event_type
- earnings
- sentiment
- positive
- materiality_score
- 0.8
- calibrated_materiality_score
- 0.8
- confidence
- high
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- https://secwatch.observer/filing/0001193125-26-210377
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- https://secwatch.observer/filing/0001193125-26-210377.md
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- edgar_index_url
- https://www.sec.gov/Archives/edgar/data/1683606/000119312526210377/0001193125-26-210377-index.htm
- edgar_primary_document_url
- https://www.sec.gov/Archives/edgar/data/1683606/000119312526210377/cars-20260507.htm
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- deepseek-v4-flash:cloud@v2
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--- 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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--- 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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--- 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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--- 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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--- EX-99.1 (EX-99.1) ---
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--- 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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--- 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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--- 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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--- 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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