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Cars.com — Third Quarter 2026 Earnings Summary

Cars.com reported third-quarter 2026 revenue of $181.9 million, representing a 5% year-over-year increase in Marketplace revenue. Net income for the quarter rose 113% to $16.3 million, while Adjusted EBITDA grew 2% to $55.8 million, achieving a margin of 30.7%. The company launched a new self-service Marketplace Starter package for independent dealers and saw its AI-powered assistant, Carson, reach over one million monthly users. Additionally, Cars.com repurchased 1.4 million shares for $16 million during the quarter and reaffirmed its full-year 2026 revenue guidance of flat to up 2% growth.

Company
CARSCOM INC
Sector
Consumer Cyclical
Industry
Auto & Truck Dealerships