Every 8-K 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 8-K covers material events a company has to report between its quarterly 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. (CARS) announced a chief financial officer transition: Sonia Jain will cease serving as CFO effective November 6, 2026, and remain employed as an Executive Advisor through March 31, 2027. During that transition period, she will receive $250,000 and remain eligible for customary employee benefits; after the period, she will be entitled to severance under the Executive Severance Plan.
Trent Ziegler becomes CFO-designate effective October 19, 2026, and will assume the CFO role November 6, succeeding Jain. His disclosed package includes a $475,000 annual base salary, an annual bonus target of 80% of base salary (pro-rated for 2026), RSU grants with a target value of $3,500,000 vesting in equal annual installments on the first three anniversaries of the grant date, and a one-time $275,000 signing bonus. He also will be eligible for other executive compensation and benefits programs, including executive severance programs.
Cars.com Inc. reported second-quarter 2026 revenue of $179.9 million, up 1% year-over-year, with Marketplace revenue growing over 7% for its fastest quarterly pace since 2021. Net income rose to $14.3 million and Adjusted EBITDA to $53.0 million, a 29.4% margin that exceeded the 28–29% guidance range as total operating expenses fell 7%.
OEM and National revenue declined 18% year-over-year to $13.6 million, in line with expectations for weaker OEM advertising. Average Monthly Unique Visitors decreased to 22.8 million and Traffic to 143.0 million, while Monthly Average Revenue Per Dealer increased to $2,500 and dealer customers remained roughly stable at 19,343. For the first six months, net cash from operations was $55.6 million and Free cash flow $43.5 million; total debt was $450.0 million with liquidity of $333.3 million.
The company repurchased 3.7 million shares for $37 million in the quarter and 6.2 million shares for $57 million year-to-date, more than 10% of prior-year-end shares, leaving $116.6 million under its authorization expiring February 2028. For third-quarter 2026, revenue is expected to be flat to up 2% year-over-year with Adjusted EBITDA margin of 28.5–29.5%. Full-year 2026 guidance is reaffirmed for revenue flat to up 2% and Adjusted EBITDA margin of 29.0–30.0%.
Cars.com Inc. stockholders approved all proposals at the 2026 Annual Meeting held on June 3, 2026. The meeting covered board elections, auditor ratification, and an advisory vote on executive pay.
As of the April 6, 2026 record date, 57,019,566 common shares were outstanding and entitled to vote. Each of the eight director nominees received over 41.8 million votes in favor, with 8,761,914 broker non-votes recorded for each seat. Stockholders also ratified Ernst & Young LLP as independent registered public accounting firm for fiscal 2026 with 51,534,116 votes for, 214,444 against, and 45,693 abstentions. Executive officer compensation received 39,715,300 votes for, 2,645,887 against, and 671,152 abstentions, plus 8,761,914 broker non-votes.
Cars.com Inc. reported first-quarter 2026 results showing a return to profitability and solid cash generation. Revenue was $180.2 million, up 1% year-over-year, with subscription-based dealer revenue of $163.0 million rising 2% while OEM and National revenue fell 12% to $14.3 million.
Net income improved to $5.0 million, or $0.08 per diluted share, from a net loss of $2.0 million a year earlier, driven mainly by lower depreciation and amortization. Adjusted EBITDA was $51.0 million with a 28.3% margin, and adjusted net income rose to $26.7 million, or $0.45 per diluted share. Operating cash flow increased to $39.8 million and free cash flow to $33.5 million. The company repurchased 3.8 million shares for about $33 million through April 30, 2026 and raised its 2026 share repurchase target to $90 million. Guidance calls for 2026 revenue to be flat to up 2% year-over-year with an adjusted EBITDA margin of 29.0% to 30.0%.
Cars.com Inc. announced a cost reduction program that will cut approximately 11% of full-time roles, including management and two executive positions. The company expects one-time charges of $8.5–$9 million, largely for severance and related employee costs, with most cash outflows completed in Q2 2026.
These actions are expected to deliver $25–$30 million in recurring annualized operating cost savings in 2027 and support 2026 profitability targets. Cars.com also raised its 2026 share repurchase target from $60-plus million to $90 million and reaffirmed Q1 2026 and full-year 2026 guidance for flat to modest revenue growth and Adjusted EBITDA margins of 26–27% for Q1 and 29–30% for the year. As of April 8, 2026, it had repurchased about 2.9 million shares for $24 million, or 5% of shares outstanding as of December 31, 2025.
Cars.com Inc. reported record full-year 2025 revenue of $723.2 million, up 1%, with fourth-quarter revenue of $183.9 million, up 2%. Q4 net income was $7.4 million, or $0.12 per diluted share, down from $17.3 million a year earlier mainly due to a prior-period gain on an equity sale. Q4 Adjusted EBITDA was $54.9 million, essentially flat year over year with a 29.9% margin.
For 2025, net income was $20.1 million versus $48.2 million in 2024, while Adjusted EBITDA rose to $211.1 million with a 29.2% margin. The company generated $151.6 million in operating cash flow and $125.7 million in free cash flow, repurchasing 7.1 million shares for $86.0 million, about 9% of shares outstanding. Dealer customers increased to 19,544. For 2026, management expects revenue to be flat to up 2% year over year and Adjusted EBITDA margin between 29.0% and 30.0%, with Q1 revenue flat to up 1% and margin of 26.0–27.0%.
Cars.com Inc. announced a planned leadership transition. Alex Vetter will step down as Chief Executive Officer and Director on January 15, 2026, remain as a Special Advisor through March 31, 2026, and then leave the company with severance benefits under the executive severance plan. During this transition period he will continue to receive his base salary and standard employee benefits.
The Board has appointed Tobias “Tobi” Hartmann as Chief Executive Officer-Designate, with a start date expected on December 22, 2025. He will become Chief Executive Officer on or before January 15, 2026 and join the Board, with nomination planned for the 2026 annual meeting. His offer includes a $750,000 annual base salary, a target annual incentive equal to 110% of salary beginning in 2026, RSUs with a target value of $3,000,000 vesting over three years, and PRSUs with a target value of $2,000,000 tied to stock price goals and service. The company also adopted a 2025 Inducement Equity Plan reserving 1,000,000 shares for equity awards to new or returning employees.
Cars.com Inc. (CARS) furnished an update on its financial results. The company announced financial results for the quarter ended September 30, 2025, via a press release furnished as Exhibit 99.1.
The press release is dated November 6, 2025 and is provided under Item 2.02. The information is furnished, not filed, and is not subject to Section 18 liabilities or incorporated by reference unless specifically stated. The report was signed by Chief Financial Officer Sonia Jain.
Cars.com disclosed a leadership change. Chief Product and Innovation Officer Matthew Crawford notified the company on October 9, 2025 of his intention to resign, effective November 28, 2025. He will support a transition plan while the company begins a search for his successor. The update reflects an orderly handoff of product leadership responsibilities.