Every 10-Q that Cars.com Inc. (CARS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CARS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CARS filings page.
Cars.com Inc. reported higher profitability on essentially flat sales for the quarter ended June 30, 2026. Revenue was $179,934 (in thousands), up 1% year over year, as 3% growth in dealer revenue offset double‑digit declines in OEM and other revenue streams.
Quarterly net income rose to $14,263 (in thousands) from $7,009, and first‑half net income increased to $19,241 from $4,996, aided by lower operating expenses and a 34% reduction in depreciation and amortization. Basic EPS for the quarter improved to $0.26 from $0.11.
Operating cash flow was stable at $55,620 for the first half. Cash and cash equivalents were $33.3 million with $300.0 million of revolver capacity available, against $450.0 million of total debt, yielding a Senior Secured Net Leverage Ratio of 0.08x and an Interest Coverage Ratio of 7.20x. The company repurchased and retired 6.2 million shares for $57.3 million year to date under its $250.0 million authorization, leaving $116.6 million remaining, and executed an 11% workforce reduction that generated $8.5 million of severance expense.
Cars.com Inc. delivered a profitable first quarter of 2026, reversing last year’s loss. Revenue was $180.2 million, up slightly from $179.0 million a year earlier. Net income improved to $5.0 million, or $0.08 per diluted share, compared with a $2.0 million net loss.
Dealer revenue grew 2% and remained about 90% of total revenue, while OEM and national revenue declined 12%. Operating income rose sharply as operating expenses fell 5%, helped by significantly lower depreciation and amortization.
During the quarter, the company recorded $8.5 million of costs tied to an 11% workforce reduction aimed at lowering operating expenses. Cars.com ended the period with $64.6 million in cash and $455.0 million of total debt, and repurchased 2.5 million shares for $20.2 million under its $250 million buyback program.
Cars.com Inc. (Cars Commerce) reported steady Q3 results with revenue of $181.6 million (up 1% year over year). Operating income rose to $16.8 million as costs declined, but net income was $7.7 million, down from a prior-year period that benefited from higher other income. Year-to-date, revenue was $539.3 million with net income of $12.7 million.
The company maintained solid liquidity, ending the quarter with $55.1 million in cash and $295.0 million available on its revolver, for total liquidity of $350.1 million. Debt consisted of $400.0 million 6.375% senior notes due 2028 and $55.0 million drawn on the revolver. Cash from operations reached $114.5 million year-to-date.
Cars Commerce continued capital returns, repurchasing 1.49 million shares in Q3 for $19.3 million, and 5.16 million shares year-to-date for $63.9 million, reducing outstanding shares to 60.4 million as of September 30. Key metrics were stable: Dealer Customers 19,526 (up 1% year over year) and ARPD $2,460 (down 1% year over year). The company closed the $25.3 million DealerClub acquisition (with up to $88.0 million performance-based consideration) and subsequently invested $8.0 million in a secured convertible note to an automotive CRM provider.