The stock may react positively to record revenue and stable adjusted EPS, but negatively to the sharp decline in GAAP net income. Monitor 2026 guidance execution, especially dealer customer growth and OEM revenue pressure.
Price Chart
Executive Summary
Cars.com reported record full-year 2025 revenue of $723.2 million, up 1% YoY, driven by dealer revenue growth. However, net income fell 58% YoY to $20.1 million due to prior-year gains not recurring. Adjusted net income per share was flat at $1.71. The company repurchased $86 million in shares and expects 2026 revenue to be flat to up 2%.
Key Financial Metrics
Key Facts
- Full-year 2025 revenue was $723.2 million, up 1% YoY, a record high
- Net income dropped 58% YoY to $20.1 million due to $10.8M gain on equity investment and changes in contingent consideration in 2024
- Adjusted net income per diluted share was $1.71, flat YoY
- Dealer customers grew to 19,544, up 2% YoY
- Repurchased 7.1 million shares for $86 million in 2025
- 2026 revenue guidance is flat to up 2% YoY, Adjusted EBITDA margin expected at 29.0%-30.0%
Financial Impact
Revenue increased $4.1 million YoY to $723.2 million, but net income declined $28.1 million due to non-recurring gains in prior year. $86 million in share repurchases executed.
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Dealer | $644.1M | +0.5% |
| OEM and National | $65.3M | -0.9% |
Risk Factors
- OEM and National revenue declined 9% YoY in Q4 and is expected to remain pressured in 2026
- Traffic and unique visitors declined significantly QoQ and YoY, indicating potential platform engagement issues
- Adjusted net income still declined 6% YoY, showing margin pressure despite revenue growth
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-073457 |
| Document: cars-20260226.htm | 0001193125-26-073457 |
| Document: 0001193125-26-073457-index-headers.html | 0001193125-26-073457 |
| Document: 0001193125-26-073457-index.html | 0001193125-26-073457 |
| Document: 0001193125-26-073457.txt | 0001193125-26-073457 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 24, 2026 5w ago | Insider Cluster | $12.34 $10.35 | ▼ −16.13% | ▼ −17.10% | $10.03 (−18.72%) |
Aug 6, 2026 8w ago | 8-K | $11.74 $11.79 | ▲ +0.43% | ▼ −0.17% | $10.03 (−14.57%) |
Jul 23, 2026 10w ago | Press Release | $11.46 $12.22 | ▼ −6.63% | ▼ −3.01% | $10.03 (+12.48%) |
Jun 11, 2026 16w ago | Institutional Cluster | $9.56 $11.03 | ▲ +15.38% | ▲ +13.49% | $10.03 (+4.92%) |
May 7, 2026 21w ago | 8-K | $12.33 $9.18 | ▼ −25.55% | ▼ −28.68% | $10.03 (−18.65%) |
Apr 9, 2026 25w ago | 8-K | $9.75 $12.33 | ▼ −26.46% | ▼ −17.93% | $10.03 (−2.87%) |
Feb 26, 2026 31w ago | 8-K | $9.08 $8.17 | ▼ −10.02% | ▼ −3.62% | $10.03 (+10.46%) |
US Market Status
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