EX-99.1 2 cars-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 Cars.com Reports First Quarter 2026 Results • Revenue grew in line with guidance to $180.2 million, up 1% year-over-year • Net income increased to $5.0 million compared to net loss of ($2.0) million in the prior year • Adjusted EBITDA grew to $51.0 million, up 1% year-over-year; Adjusted EBITDA margin of 28.3% outperformed guidance of 26% to 27% • Net cash provided by operating activities was $39.8 million compared to $29.5 million in the prior year • Share repurchases totaled 3.8 million shares for $33 million through April 30, 2026; 2026 repurchase target has been increased to $90 million CHICAGO, May 7, 2026 -- Cars.com Inc. (NYSE: CARS), a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars, today released its financial results for the first quarter ended March 31, 2026. “We delivered revenue growth in line with guidance in the first quarter on the back of continued Marketplace momentum and Adjusted EBITDA margin above the high end of guidance,” said Tobias Hartmann, Chief Executive Officer of Cars.com, Inc. "Disciplined execution on 2026 initiatives represents t…
Open exhibit ↗Current Report · Items 2.02, 9.01 · 8-K
Cars.com Inc.
CARSNYSEEQUITYCurrent
Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On May 7, 2026, Cars.com Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2026. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Company context
Cars.com (NYSE: CARS) is a leading marketplace for automotive sales. For over 25 years, we've combined the most reviews in the industry, straight answers, and tools that cut through the noise to help shoppers make confident car decisions. Our scaled marketplace paired with interconnected technology, data, and media gives dealers and OEMs everything they need to sell more cars. Learn more at Cars.com.
Current securities
Recent company filings
- SCHEDULE 13G/A - filed by DIMENSIONAL FUND ADVISORS LP regarding Cars.com Inc.Oct 8, 2026
- Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD DisclosureSep 30, 2026
- 144 filingAug 20, 2026
- 144 filingAug 17, 2026
- 10-Q filingAug 6, 2026