---
schema_version: "secwatch.filing_event.v1"
accession: "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"
generated_at: "2026-05-14T21:51:11.051803+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1683606/000119312526210377/0001193125-26-210377-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1683606/000119312526210377/cars-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-210377
- JSON: https://secwatch.observer/filing/0001193125-26-210377.json
- Plain text: https://secwatch.observer/filing/0001193125-26-210377.txt

## Source-grounded claims
- claim_id: f25c04be2ce75a349af8b5a7bd9e677f5fd2991f
  claim: 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.
  evidence_excerpt: 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%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1683606/000119312526210377/0001193125-26-210377-index.htm

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