Cars.com Q2 revenue rises 1% to $179.9 million; net income more than doubles
Cars.com reported second-quarter 2026 revenue of $179.9 million, up 1% from a year earlier and in line with its guidance. Net income rose 103% to $14.3 million, and Adjusted EBITDA margin was 29.4%, above its guided 28% to 29% range. The company reaffirmed its full-year 2026 outlook and said share repurchases are on pace for its $90 million target.
Key points
- Q2 revenue was $179.9 million, up 1% year-over-year; Dealer revenue rose 3% to $163.3 million while OEM and National revenue fell 18% to $13.6 million.
- Net income was $14.3 million, or $0.25 per diluted share, versus $7.0 million, or $0.11, a year earlier.
- Adjusted EBITDA was $53.0 million, up 4%, with a margin of 29.4% compared with 28.5% a year ago.
- Year-to-date share repurchases total $57 million; about $116.6 million remains under an authorization that expires in February 2028.
The filing
Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.