secwatch / observer

Cars.com Inc. — fact timeline

Source-grounded facts extracted from Cars.com Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CARS Cars.com Inc. JSON
Shareholder Votes

Cars.com Inc. shareholders approved Advisory Approval of Executive Officer Compensation at the 2026-06-03 meeting.

“Proposal 3: Advisory Approval of Executive Officer Compensation For Against Abstain Broker Non-Votes 39,715,300 2,645,887 671,152 8,761,914”
Shareholder Votes

Cars.com Inc. shareholders approved Ratification of Appointment of the Ernst & Young LLP as Independent Registered Public Accounting Firm for the fiscal year 2026 at the 2026-06-03 meeting.

“Proposal 2: Ratification of Appointment of the Ernst & Young LLP as Independent Registered Public Accounting Firm for the fiscal year 2026 For Against Abstain 51,534,116 214,444 45,693”
Shareholder Votes

Cars.com Inc. shareholders approved Election of Directors at the 2026-06-03 meeting.

“Proposal 1: Election of Directors Nominee For Withheld Broker Non-Votes Scott Forbes 41,780,978 1,251,361 8,761,914 Jill Greenthal 41,066,055 1,966,284 8,761,914 Thomas Hale 42,431,735 600,604 8,761,914 Tobias Hartmann 42,809,690 222,649 8,761,914 Donald A. McGovern, Jr. 42,595,134 437,205 8,761,914 Jenell R. Ross 41,943,816 1,088,523 8,761,914 Bala Subramanian 42,014,771 1,017,568 8,761,914 Bryan Wiener 41,814,053 1,218,286 8,761,914”
Earnings Releases

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.

“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%”
Earnings Releases

Cars.com Inc. updated its guidance (reaffirmed).

“On April 9, 2026, Cars.com Inc.. (the "Company"), issued a press release reaffirming its Q1 2026 and FY2026 guidance provided on its earnings call on February 26, 2026.”
Restructurings & Charges

Cars.com Inc. announced a restructuring with charges of approximately $8.5-$9 million (approximately 11% of its full-time roles, including certain management roles and two executive roles).

“On April 9, 2026, the Company also announced a cost reduction program that includes a reduction in the Company’s workforce of approximately 11% of its full-time roles, including certain management roles and two executive roles. In connection with this workforce reduction, the Company expects to incur aggregate charges of approximately $8.5-$9 million, consisting primarily of employee-related costs, including severance, benefits, and other related expenses.”
Governance Changes

Cars.com Inc.: Amended and Restated Certificate of Incorporation to provide for exculpation of certain officers (effective 2025-06-05).

“At the Annual Meeting the Company’s stockholders also approved an amendment to the Company’s Amended and Restated Certificate of Incorporation (the “Exculpation Amendment”) to provide for exculpation of certain officers of the Company as permitted by the Delaware General Corporation Law. The Exculpation Amendment became effective upon the filing of an Amended and Restated Certificate of Incorporation of the Company with the Delaware Secretary of State on June 5, 2025 (the “2025 Amended and Restated Certificate of Incorporation”).”

Lisa Gosselin was appointed as Chief Commercial Officer at Cars.com Inc..

“the Board of Directors of the Company has appointed Lisa Gosselin to serve as the successor to Mr. Miller as the Company’s Chief Commercial Officer effective February 24, 2025.”

Doug Miller departed as President and Chief Commercial Officer at Cars.com Inc..

“the Company is reporting that Doug Miller, the Company’s President and Chief Commercial Officer is departing from the Company to pursue other opportunities.”
Earnings Releases

Cars.com Inc. reported the first quarter ended March 31, 2024 results: revenue $180.2 million, net income $0.8 million, or $0.01 per diluted share. Guidance reaffirmed.

“technology company empowering the automotive industry, today released its financial results for the first quarter ended March 31, 2024. Q1 2024 Financial Highlights • Revenue of $180.2 million, up $13.1 million, or 8% year-over-year • Net income of $0.8 million, or $0.01 per diluted share, compared to Net income of $11.5 million, or $0.17 per diluted share, in the”
Earnings Releases

Cars.com Inc. reported the year ended December 31, 2023 results: revenue $689.2 million, net income $118.4 million, or $1.74 per diluted share, EPS $1.74 per diluted share.

“2023 Full-Year Financial and Key Metric Highlights • Revenue of $689.2 million, up $35.3 million, or 5% year-over-year • Net income of $118.4 million, or $1.74 per diluted share”
Earnings Releases

Cars.com Inc. reported the fourth quarter ended December 31, 2023 results: revenue $179.6 million, net income $8.3 million, or $0.12 per diluted share, EPS $0.12 per diluted share.

“Q4 2023 Financial and Key Metric Highlights • Revenue of $179.6 million, up $11.4 million, or 7% year-over-year • Net income of $8.3 million, or $0.12 per diluted share”
Earnings Releases

Cars.com Inc. reported the quarter ended September 30, 2023 results: revenue $174.3 million, net income $4.5 million, EPS $0.07 per diluted share.

“empowering the automotive industry, today released its financial results for the third quarter ended September 30, 2023. Q3 2023 Financial and Key Metric Highlights ● Revenue of $174.3 million, up $9.7 million, or 6% year-over-year ● Net income of $4.5 million, or $0.07 per diluted share, compared to a Net loss of $2.9 million, or $0.04 per diluted share, in the prior”
Earnings Releases

Cars.com Inc. reported second quarter ended June 30, 2023 results: revenue $168.2 million, net income $94.1 million, or $1.37 per diluted share, EPS $1.37 per diluted share.

“a robust set of digital solutions, today released its financial results for the second quarter ended June 30, 2023. Q2 2023 Financial and Key Metric Highlights ● Revenue of $168.2 million, up $5.3 million, or 3% year-over-year ● Net income of $94.1 million, or $1.37 per diluted share, compared to $5.5 million, or $0.08 per diluted share, in the prior year. Current”
Earnings Releases

Cars.com Inc. reported quarter ended March 31, 2023 results: revenue $167.1 million, net income $11.5 million, or $0.17 per diluted share, EPS $0.17 per diluted share. Guidance reaffirmed.

“a robust set of digital solutions, today released its financial results for the first quarter ended March 31, 2023. Q1 2023 Financial and Key Metric Highlights ● Revenue of $167.1 million, up $8.9 million, or 6% year-over-year ● Net income of $11.5 million, or $0.17 per diluted share, compared to $4.3 million, or $0.06 per diluted share, in the prior year ●”
Earnings Releases

Cars.com Inc. reported first quarter ended March 31, 2023 results: revenue $167.1 million, net income $11.5 million, or $0.17 per diluted share, EPS $0.17 per diluted share. Guidance reaffirmed.

“a robust set of digital solutions, today released its financial results for the first quarter ended March 31, 2023. Q1 2023 Financial and Key Metric Highlights ● Revenue of $167.1 million, up $8.9 million, or 6% year-over-year ● Net income of $11.5 million, or $0.17 per diluted share, compared to $4.3 million, or $0.06 per diluted share, in the prior year ●”
Earnings Releases

Cars.com Inc. reported for the fourth quarter ended December 31, 2022 results: revenue $168.2 million, net income $10.3 million, EPS $0.15 per diluted share.

“● Revenue of $168.2 million, up $9.9 million, or 6% year-over-year ● Net income of $10.3 million, or $0.15 per diluted share, compared to Net loss of $2.9 million, or ($0.04) per diluted share, in the prior year ● Adjusted EBITDA of $49.5 million, or 29% of revenue, up $2.7 million year-over-year ● Average Monthly Unique Visitors (“UVs”) of 24.6 million, up 5% year-over-year ● Traffic (“Visits”) of 140.4 million, up 5% year-over-year ● Monthly Average Revenue Per Dealer (“ARPD”) of $2,361, up $28 from the prior year period ● Dealer Customers of 19,506 as of December 31, 2022, 79 lower compared to 19,585 as of September 30, 2022 and 327 higher compared to the prior year”
Earnings Releases

Cars.com Inc. reported the third quarter ended September 30, 2022 results: revenue $164.6 million, net income Net loss of $2.9 million, or $0.04 per diluted share. Guidance reaffirmed.

“a robust set of digital solutions, today released its financial results for the third quarter ended September 30, 2022. Q3 2022 Financial and Key Metric Highlights ● Revenue of $164.6 million, up $8.0 million, or 5% year-over-year ● Net loss of $2.9 million, or $0.04 per diluted share, compared to Net income of $2.4 million, or $0.03 per diluted share, in the prior”

Jandy Tomy changed role as Executive Vice President of Finance and Treasurer at Cars.com Inc..

“Jandy Tomy will step down as Interim Chief Financial Officer and will serve as Executive Vice President of Finance and Treasurer, effective as of October 17, 2022.”

Sonia Jain was appointed as Chief Financial Officer at Cars.com Inc..

“On October 4, 2022, Cars.com Inc. (“CARS”) appointed Sonia Jain, as Chief Financial Officer effective October 17, 2022.”

Jandy Tomy was appointed as interim Chief Financial Officer at Cars.com Inc..

“Jandy Tomy, the Company’s Vice President, and Treasurer will serve as interim Chief Financial Officer effective immediately following Sonia’s departure.”

Sonia Jain resigned as Chief Financial Officer at Cars.com Inc..

“On April 4, 2022, Cars.com Inc. (the “Company” or “CARS”) announced the resignation of Sonia Jain, Chief Financial Officer, effective April 15, 2022, to pursue a new opportunity with a pre-IPO, venture capital-backed company.”

James F. Rogers departed as Chief Legal Officer at Cars.com Inc..

“On March 4, 2022, James F. Rogers, Chief Legal Officer (CLO) of Cars.com Inc. (the “Company”), announced his decision to retire from the Company effective April 29, 2022.”

Doug Miller was appointed as President and Chief Commercial Officer at Cars.com Inc..

“On December 9, 2021, the Board of Directors (the “Board”) of Cars.com Inc. (the “Company”) appointed Doug Miller to serve as the Company’s President and Chief Commercial Officer, effective January 1, 2022.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.