Cars.com Q3 net income rises 113% to $16.3 million on slightly higher revenue
Cars.com reported third-quarter 2026 results on November 5, 2026, with revenue of $181.9 million, up slightly from a year earlier, and net income of $16.3 million, up from $7.7 million. Operating expenses fell 7% year over year, and the company reaffirmed its full-year 2026 guidance, which matters to shareholders because it shows profit growth and an unchanged outlook.
Key points
- Revenue was $181.9 million versus $181.6 million a year earlier; Marketplace revenue rose 5% year over year.
- Net income was $16.3 million, or $0.30 per diluted share, compared with $7.7 million, or $0.12, a year ago.
- Adjusted EBITDA was $55.8 million, or 30.7% of revenue, versus $54.6 million, or 30.1%, in the prior year period.
- Full-year 2026 guidance was reaffirmed: revenue flat to up 2% and Adjusted EBITDA margin of 29.0% to 30.0%; the $90 million share repurchase target remains unchanged.
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 November 05, 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.