Cars com Inc (CARS)

Cars.com Announces Inducement Awards Under NYSE Listing Rule 303A.08June 11, 2026 9:40 PM
PR Newswire (US) CHICAGO, June 11, 2026 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) ("Cars.com" or the "Company"), today announced that on June 5, 2026, the Company's Compensation Committee granted restricted stock units ("RSUs") covering 86,540 shares of the Company's common stock to Sarah Kettler as material inducement to her hiring as Chief Marketing Officer, effective June 1, 2026 (the "Inducement Award"). The Inducement Award was granted under the Cars.com Inc. 2025 Inducement Equity Plan. Of the total RSUs granted, 76,924 RSUs will vest ratably on an annual basis over three years, and 9,616 RSUs will vest ratably on an annual basis over two years, in each case subject to Ms. Kettler's continued employment with the Company through each applicable vesting date.The Inducement Award was granted in reliance on the employment inducement exemption from the NYSE's shareholder approval requirements under the NYSE's Listed Company Manual Rule 303A.08. The Company is issuing this press release to satisfy the public announcement requirement of Rule 303A.08.About Cars.com
Cars.com Inc. (NYSE: CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects millions of consumers to dealerships across the U.S., powering the car buying experience with artificial intelligence ("AI") shopping tools and comprehensive vehicle reviews and content. Our interconnected ecosystem of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, and proprietary in-market media solutions. Learn more at www.carscommerce.inc. View original content to download multimedia:https://www.prnewswire.com/news-releases/carscom-announces-inducement-awards-under-nyse-listing-rule-303a08-302798727.htmlSOURCE Cars.com Inc. Original: Cars.com Announces Inducement Awards Under NYSE Listing Rule 303A.08

Cars.com Names Sarah Kettler Chief Marketing OfficerJune 11, 2026 4:30 PM
PR Newswire (US) Veteran marketplace leader with track record of scaling modern brands, driving demand and accelerating business performance joins executive team to help shape company's next chapterCHICAGO, June 11, 2026 /PRNewswire/ -- Car-shopping marketplace Cars.com Inc. (NYSE: CARS) today announced the appointment of Sarah Kettler as Chief Marketing Officer, effective June 15, 2026. In her role, Kettler will oversee the company's integrated marketing and communications organization, responsible for strengthening the brand, deepening customer engagement, driving growth and advancing the company's long-term strategic objectives.  Kettler joins from SeatGeek, a ticketing technology marketplace, where she spent a decade leading marketing, most recently as Executive Vice President, Marketing & Communications. During her tenure, she built a performance marketing engine that doubled consumer awareness, strengthened platform value for buyers and sellers, and drove sustained growth — while capturing meaningful share in a crowded market. Prior to SeatGeek, Kettler held strategy and communications roles at WME-IMG and Deloitte Consulting."Sarah brings exactly the kind of experience we need at this moment," said Tobi Hartmann, CEO of Cars.com. "She's built and positioned marketplace brands, she understands the dynamics of connecting buyers and sellers at scale, and she knows how to translate brand strategy into real business growth. I'm confident she'll be a strong force as we continue strengthening our position as the most trusted auto marketplace."Kettler added: "The opportunity to join Cars.com at this inflection point is incredibly compelling. We're at an exciting moment where artificial intelligence and technology are rapidly changing how we can market, but the core of what Cars.com needs to do remains the same: Deliver confident shopping for consumers and enable efficient growth for dealers and OEMs. I look forward to building off the company's strong foundation while helping drive the next chapter of growth."About Cars.com Inc. Cars.com Inc. (NYSE: CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects millions of consumers to dealerships across the U.S., powering the car buying experience with artificial intelligence ("AI") shopping tools and comprehensive vehicle reviews and content. Our interconnected ecosystem of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, and proprietary in-market media solutions. Learn more at www.carscommerce.inc. View original content to download multimedia:https://www.prnewswire.com/news-releases/carscom-names-sarah-kettler-chief-marketing-officer-302798492.htmlSOURCE Cars.com Inc. Original: Cars.com Names Sarah Kettler Chief Marketing Officer

Cars.com Reports First Quarter 2026 ResultsMay 7, 2026 7:30 AM
PR Newswire (US) 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 yearAdjusted 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 yearShare repurchases totaled 3.8 million shares for $33 million through April 30, 2026; 2026 repurchase target has been increased to $90 millionCHICAGO, May 7, 2026 /PRNewswire/ -- 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 the first step in our evolution toward an interconnected product experience that drives value across our Marketplace and solutions suite. We are in the early innings of a plan to unlock platform differentiation, product integrations and AI enablement. To support this roadmap and establish a healthy foundation for future growth, we have reduced annual run-rate costs to operate with more agility and efficiency. Based on our progress to date and our commitment to returning value to shareholders, we also raised our full year share repurchase target. Looking ahead, we are focused on driving further financial and product improvements as we create a leading and trusted automotive marketplace experience."Financial Highlights
(in thousands, except per share data)Quarter Ended March 31,

2026
2025
Change %Revenue$         180,223
$        179,024
1 %Net income (loss)4,978
(2,013)
NMAdjusted net income26,651
23,956
11 %Adjusted EBITDA51,020
50,721
1 %Net income (loss) per diluted share0.08
(0.03)
NMAdjusted net income per diluted share0.45
0.37
22 % Key Metrics and Operational Highlights
(in millions, except dealer data)Quarter Ended

March 31,
2026
December 31,
2025
March 31,
2025
Change %Q/Q
Change %
Y/YAverage Monthly Unique Visitors25.8
21.7
29.0
19 %
(11 %)Traffic ("Visits")159.6
138.8
170.1
15 %
(6 %)Monthly Average Revenue Per Dealer ("ARPD")$            2,473
$            2,472
$            2,473
NM
NMDealer Customers19,390
19,544
19,250
(1 %)
1 %
NM = Not meaningful Recent cost reductions and process and organizational improvements build a healthier foundation for future growth and are expected to yield $25-30 million in recurring annualized savings in 2027.New AI-powered features include conversational capabilities for the Cars.com Carson shopping assistant and model context protocol (MCP) integrations that embed Marketplace into agentic AI platforms.New Dealer App, available to all Marketplace customers, offers a broad range of on-the-go analytics to improve dealership efficiency across inventory, merchandising and leads.Q1 2026 ResultsRevenue for the first quarter was $180.2 million, up 1% compared to the prior year period. Subscription-based Dealer revenue of $163.0 million was up 2% year-over-year, supported by continued improvements in website and Marketplace value delivery, and Marketplace dealer customer growth. OEM and National revenue of $14.3 million was down 12% year-over-year due to continued OEM spending shifts.Total operating expenses for the first quarter were $163.6 million compared to $172.6 million in the prior year period, down 5% year-over-year. For the quarter, lower depreciation and amortization and improved marketing efficiencies more than offset severance-related costs. Adjusted operating expenses for the quarter were $145.9 million, down 6% year-over-year largely due to lower depreciation and amortization.Net income for the first quarter was $5.0 million, or $0.08 per diluted share, compared to Net loss of ($2.0) million, or ($0.03) per diluted share, in the year-ago period. The change in Net income is primarily attributable to lower depreciation and amortization. Adjusted net income for the first quarter was $26.7 million, or $0.45 per diluted share, compared to $24.0 million, or $0.37 per diluted share a year ago.Adjusted EBITDA for the first quarter was $51.0 million, or 28.3% of revenue, compared to $50.7 million, or 28.3% of revenue in the year-ago period. Adjusted EBITDA grew 1% year-over-year, in line with revenue growth.Cash Flow and Balance SheetNet cash provided by operating activities for the first quarter was $39.8 million, compared to $29.5 million in the prior year, which is largely attributable to compensation accruals and the 2024 federal tax refund. Free cash flow for the first quarter totaled $33.5 million, compared to $23.7 million in the prior year, primarily due to the aforementioned favorable working capital changes.Total debt outstanding was $455.0 million as of March 31, 2026. Total net leverage (as defined in the Company's credit facility) was 1.8x as of March 31, 2026. Total liquidity as of March 31, 2026 was $359.6 million, which is defined as Cash and cash equivalents of $64.6 million and revolver capacity of $295.0 million.Share RepurchaseThe Company repurchased 3.8 million shares of common stock for $32.9 million from January 1, 2026 to April 30, 2026, of which 2.5 million shares of common stock was repurchased for $20.2 million in the first quarter ended March 31, 2026. On April 9, 2026, the Company raised its fiscal 2026 share repurchase target to $90 million, a 50% increase over the prior target of $60-plus million, reflecting its commitment to returning capital to shareholders.As of April 30, 2026, approximately $141 million remains available under the current share repurchase authorization, which expires in February 2028."Our performance year-to-date demonstrates our ability to establish a foundation for revenue growth at increasing operating margins. We were pleased to outperform our Adjusted EBITDA guidance, improve free cash flow conversion, and increase capital return to shareholders via an enhanced 2026 share repurchase commitment," said Sonia Jain, Chief Financial Officer of Cars.com, Inc. "Our cost reduction program is resulting in a healthier underlying cost structure that is aligned to our Marketplace strategy, which we believe is positioning us to continue growing both top- and bottom-line to create shareholder value."OutlookSecond Quarter 2026Revenue is expected to be flat to up 2% year-over-year, driven by continued Dealer revenue growth. OEM and National revenue is expected to remain under pressure, and guidance assumes that current advertising spending trends remain consistent for the quarter.Adjusted EBITDA margin is expected to be between 28.0% and 29.0%, reflecting operating efficiencies and a partial quarter of cost savings benefit from the cost reduction program undertaken in April.Full Year 2026
The Company reaffirms its full year 2026 guidance:Revenue is expected to be flat to up 2% year-over-yearAdjusted EBITDA margin is expected to be between 29.0% to 30.0%Q1 2026 Earnings CallAs previously announced, management will hold a conference call and webcast today at 8:00 a.m. CT. This webcast may be accessed at the Cars.com Investor Relations website, investor.cars.com. An archive of the webcast will be available at investor.cars.com following the conclusion of the call.About Cars CommerceCars.com Inc. (NYSE:CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects millions of consumers to dealerships across the U.S., powering the car buying experience with artificial intelligence ("AI") shopping tools and comprehensive vehicle reviews and content. Our interconnected ecosystem of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, and proprietary in-market media solutions. Learn more at www.carscommerce.inc.Non-GAAP Financial MeasuresThis earnings release discusses Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net (loss) income, Free Cash Flow and Adjusted Operating Expenses. These financial measures are not prepared in accordance with generally accepted accounting principles in the United States ("GAAP"). These financial measures are presented as supplemental measures of operating performance because the Company believes they provide meaningful information regarding the Company's performance and provide a basis to compare operating results between periods. In addition, the Company uses Adjusted EBITDA as a measure for determining incentive compensation targets. Adjusted EBITDA also is used as a performance measure under the Company's credit agreement and includes adjustments such as the items defined below and other further adjustments, which are defined in the credit agreement. These non-GAAP financial measures are frequently used by the Company's lenders, securities analysts, investors and other interested parties to evaluate companies in the Company's industry.While a reconciliation of non-GAAP measures to corresponding GAAP measures is not available on a  forward-looking basis without unreasonable effort due to, as applicable, the timing, amount, valuation and number of future employee equity awards and the uncertainty relating to the timing, frequency, and effect of acquisitions and the significance of the resulting transaction-related expenses, the Company has provided a reconciliation of non-GAAP financial measures to their most directly comparable financial measure prepared in accordance with GAAP in this earnings release, see "Non-GAAP Reconciliations" below.Other companies may define or calculate these measures differently, limiting their usefulness as comparative measures. Because of these limitations, non-GAAP financial measures should not be considered in isolation or as substitutes for performance measures calculated in accordance with GAAP. Definitions of these non-GAAP financial measures and reconciliations to the most directly comparable GAAP financial measures are presented in the tables below.The Company defines Adjusted EBITDA as net income (loss) before (1) interest expense, net, (2) income tax (benefit) expense, (3) depreciation, (4) amortization of intangible assets, (5) stock-based compensation expense, (6) unrealized mark-to-market adjustments and cash transactions related to derivative instruments, (7) unrealized foreign currency exchange gains and losses, and (8) certain other items, such as transaction-related items, severance, transformation and other exit costs and write-off and impairments of goodwill, intangible assets and other long-lived assets.Transaction-related items result from actual or potential transactions such as business combinations, mergers, acquisitions, dispositions, spin-offs, financing transactions, and other strategic transactions, including, without limitation, (1) transaction-related bonuses and (2) expenses for advisors and representatives such as investment bankers, consultants, attorneys and accounting firms. Transaction-related items may also include, without limitation, transition and integration costs such as retention bonuses and acquisition-related milestone payments to acquired employees, consulting, compensation and other incremental costs associated with integration projects, fair value changes to contingent considerations and amortization of deferred revenue related to the AccuTrade acquisition.The Company defines Adjusted Net Income as GAAP net (loss) income excluding, net of their related tax effects: (1) amortization of intangible assets, (2) stock-based compensation expense, (3) unrealized mark-to-market adjustments and cash transactions related to derivative instruments, (4) unrealized foreign currency exchange gains and losses, and (5) certain other items, such as transaction-related costs, severance, transformation and other exit costs and write-off and impairments of goodwill, intangible assets and other long-lived assets.The Company defines Free Cash Flow as net cash provided by operating activities less capital expenditures, including purchases of property and equipment and capitalization of internally developed technology.The Company defines Adjusted Operating Expenses as total operating expenses adjusted to exclude stock-based compensation, write-off and impairments of goodwill, intangible assets, long-lived assets, severance, transformation and other exit costs and transaction-related items.Key Metric DefinitionsAverage Monthly Unique Visitors ("UVs") and Traffic ("Visits"). The Company defines UVs in a given month as the number of distinct visitors that engage with its platform during that month. Visitors are identified upon first visit to an individual Cars.com property on an individual device/browser combination or installation of one of its mobile apps on an individual device. If a visitor accesses more than one of its web properties or apps or uses more than one device or browser, each of those unique property/browser/app/device combinations counts toward the number of UVs. Traffic is defined as the number of visits to Cars.com desktop and mobile properties (responsive sites and mobile apps). The Company measures UVs and Traffic via RudderStack. These metrics do not include traffic to Dealer Inspire, D2C Media, or DealerClub websites.Monthly Average Revenue Per Dealer ("ARPD"). The Company believes that its ability to grow ARPD is an indicator of the value proposition of its platform. The Company defines ARPD as Dealer revenue, excluding digital advertising services and DealerClub, during the period divided by the monthly average number of Dealer Customers during the same period.Dealer Customers. Dealer Customers represent dealerships using the Company's products as of the end of each reporting period. Each physical or virtual dealership location is counted separately, whether it is a single-location proprietorship or part of a large, consolidated dealer group. Multi-franchise dealerships at a single location are counted as one dealer. Dealer Customer metrics do not include DealerClub.Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the federal securities laws. All statements other than statements of historical facts are forward-looking statements. These statements often use words such as "believe," "expect," "project," "anticipate," "outlook," "intend," "strategy," "plan," "estimate," "target," "seek," "will," "may," "would," "should," "could," "forecasts," "mission," "strive," "more," "goal" or similar expressions. Forward-looking statements are based on our current expectations, beliefs, strategies, estimates, projections and assumptions, experience in the industry as well as our perceptions of historical trends, current conditions, expected future developments, and other factors we think are appropriate. Such forward-looking statements are based on estimates and assumptions that, while considered reasonable by Cars Commerce and its management based on their knowledge and understanding of the business and industry, are inherently uncertain. While Cars Commerce and its management make such statements in good faith and believe such judgments are reasonable, you should understand that these statements are not guarantees of future strategic action, performance or results. Our actual results, performance, achievements, strategic actions or prospects could differ materially from those expressed or implied by these forward-looking statements. Given these uncertainties, you should not rely on forward-looking statements in making investment decisions. When we make comparisons of results between current and prior periods, we do not intend to express any future trends, or indications of future performance, unless expressed as such, and you should view such comparisons as historical data. Whether or not any such forward-looking statement is in fact achieved will depend on future events, some of which are beyond our control.Forward-looking statements are subject to a number of risks, uncertainties and other important factors, many of which are beyond our control, that could cause our actual results and strategic actions to differ materially from those expressed in the forward-looking statements contained in this press release. For a detailed discussion of many of these and other risks and uncertainties, see "Part I, Item 1A., Risk Factors" and "Part II, Item 7., Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the Securities and Exchange Commission ("SEC") on February 26, 2026 and our other filings filed with the SEC and available on our website at investor.cars.com or via EDGAR at www.sec.gov.You should evaluate all forward-looking statements made in this press release in the context of these risks and uncertainties. The forward-looking statements contained in this press release are based only on information currently available to us and speak only as of the date of this press release. We undertake no obligation, other than as may be required by law, to update or revise any forward-looking or cautionary statements to reflect changes in assumptions, the occurrence of events, unanticipated or otherwise, or changes in future operating results over time or otherwise. The forward-looking statements in this report are intended to be subject to the safe harbor protection provided by the federal securities laws.Cars Commerce Investor Relations Contact:
Katherine Chen
kchen@carscommerce.incCars Commerce Media Contact:
Christine Spinelli
pr@cars.com  Cars.com Inc.Consolidated Statements of Income(In thousands, except per share data)(Unaudited)


Three Months Ended March 31,
2026
2025Revenue:


Dealer$               163,007
$               159,144OEM and National14,279
16,279Other2,937
3,601Total revenue180,223
179,024Operating expenses:


Cost of revenue and operations31,741
31,483Product and technology31,495
30,617Marketing and sales61,818
62,540General and administrative21,818
20,885Depreciation and amortization16,718
27,039Total operating expenses163,590
172,564Operating income16,633
6,460Nonoperating expenses:


Interest expense, net(7,231)
(7,668)Other expense, net(686)
(25)Total nonoperating expense, net(7,917)
(7,693)Income (loss) before income taxes8,716
(1,233)Income tax expense3,738
780Net income (loss)$                   4,978
$                 (2,013)Weighted-average common shares outstanding:


Basic58,928
64,467Diluted59,594
64,467Net income (loss) per share:


Basic$                     0.08
$                   (0.03)Diluted0.08
(0.03) Cars.com Inc.Consolidated Balance Sheets(In thousands, except per share data)




March 31, 2026
December 31, 2025
(unaudited)

Assets:


Current assets:


Cash and cash equivalents$           64,598
$                  56,236Accounts receivable, net135,030
131,945Prepaid expenses14,181
15,491Other current assets4,221
7,920Total current assets218,030
211,592Property and equipment, net35,521
35,223Goodwill166,620
167,207Intangible assets, net 516,131
527,082Deferred tax assets, net85,499
88,594Investments and other assets, net31,612
32,720Total assets$      1,053,413
$             1,062,418Liabilities and stockholders' equity:


Current liabilities:


Accounts payable$           29,307
$                  27,749Accrued compensation33,921
38,074Other accrued liabilities53,319
47,564Total current liabilities116,547
113,387Noncurrent liabilities:


Long-term debt, net451,819
451,516Deferred tax liabilities, net6,053
6,241Other noncurrent liabilities18,246
18,744Total noncurrent liabilities476,118
476,501Total liabilities592,665
589,888Commitments and contingencies


Stockholders' equity:


Preferred Stock at par, $0.01 par value; 5,000 shares authorized; no shares
   issued and outstanding as of March 31, 2026 and December 31, 2025,
   respectively—
—Common Stock at par, $0.01 par value; 300,000 shares authorized; 57,191
   and 58,636 shares issued and outstanding as of March 31, 2026 and
   December 31, 2025, respectively572
586Additional paid-in capital1,397,696
1,413,994Accumulated deficit(936,516)
(941,494)Accumulated other comprehensive loss(1,004)
(556)Total stockholders' equity460,748
472,530Total liabilities and stockholders' equity$      1,053,413
$             1,062,418 Cars.com Inc.Consolidated Statements of Cash Flows(In thousands)(Unaudited)




Three Months Ended
March 31,
2026
2025Cash flows from operating activities:


Net income (loss)$   4,978
$  (2,013)Adjustments to reconcile Net income to Net cash provided by operating activities:


Depreciation6,175
9,661Amortization of intangible assets10,543
17,378Stock-based compensation 8,569
8,334Deferred income taxes3,003
(343)Provision for doubtful accounts607
359Amortization of debt issuance costs473
473Unrealized loss (gain) on foreign currency denominated transactions637
(12)Other, net182
958Changes in operating assets and liabilities, net of acquisitions:


Accounts receivable(3,845)
2,410Prepaid expenses and other assets5,739
970Accounts payable1,546
(4,696)Accrued compensation(4,458)
(8,420)Other liabilities5,659
4,396Net cash provided by operating activities39,808
29,455Cash flows from investing activities:


     Payments for acquisitions, net of cash acquired—
(24,422)     Capitalization of internally developed technology(6,000)
(4,984)     Purchase of property and equipment(262)
(811)     Proceeds from sale of equity investment—
9,481Net cash used in investing activities(6,262)
(20,736)Cash flows from financing activities:


     Proceeds from Revolving Loan borrowings—
10,000     Payments of Revolving Loan borrowings and long-term debt—
(10,000)     Payments for stock-based compensation plans, net(4,542)
(5,849)     Repurchases of common stock(20,452)
(21,538)Net cash used in financing activities(24,994)
(27,387)Effect of exchange rate changes on Cash and cash equivalents(190)
(570)Net increase (decrease) in Cash and cash equivalents8,362
(19,238)Cash and cash equivalents at beginning of period56,236
50,673Cash and cash equivalents at end of period$ 64,598
$ 31,435Supplemental cash flow information:


Cash (received) paid for income taxes$  (3,504)
$   1,321Cash paid for interest983
1,164 Cars.com Inc.Non-GAAP Reconciliations(In thousands, except per share data)(Unaudited)







Reconciliation of Net income to Adjusted EBITDA








Three Months Ended March 31,


2026
2025



Net income (loss)$                     4,978
$                    (2,013)



Interest expense, net7,231
7,668



Income tax expense3,738
780



Depreciation and amortization16,718
27,039



Stock-based compensation, including related payroll tax expense8,815
8,703



Transaction-related and other one-time items8,854
8,519



Non-operating foreign exchange loss686
25



Adjusted EBITDA$                   51,020
$                   50,721



















Reconciliation of Net income (loss) to Adjusted Net income








Three Months Ended March 31,


2026
2025



Net income (loss)$                     4,978
$                    (2,013)



Stock-based compensation, including related payroll tax expense8,815
8,703



Amortization of intangible assets10,543
17,378



Transaction-related items6
2,930



Non-operating foreign exchange loss686
25



Other one-time items8,848
5,589



Income tax impact of adjustments(7,225)
(8,656)



Adjusted net income$                   26,651
$                   23,956











Adjusted net income per share, diluted$                       0.45
$                       0.37



Weighted-average common shares outstanding, diluted*59,594
65,137











* Weighted-average common shares outstanding, diluted, includes shares excluded from GAAP loss
per share due to the net loss position for the three months ended March 31, 2025.



















Reconciliation of Net cash provided by operating activities to Free cash flow








Three Months Ended March 31,


2026
2025



Net cash provided by operating activities$                   39,808
$                   29,455



Capitalization of internally developed technology(6,000)
(4,984)



Purchase of property and equipment(262)
(811)



Free cash flow$                   33,546
$                   23,660



















Reconciliation of Operating expenses to Adjusted operating expenses for the Three Months Ended March 31, 2026:








As Reported
Adjustments (1)
Stock-Based Compensation
As AdjustedCost of revenue and operations$                   31,741
$                       (931)
$                       (242)
$                   30,568Product and technology31,495
(3,351)
(2,474)
25,670Marketing and sales61,818
(2,140)
(2,303)
57,375General and administrative21,818
(2,432)
(3,796)
15,590Depreciation and amortization16,718
—
—
16,718Total operating expenses$                 163,590
$                    (8,854)
$                    (8,815)
$                 145,921







Total nonoperating expense, net$                   (7,917)
$                        686
$                          —
$                   (7,231)







(1) Includes severance, unrealized gains and losses on foreign currency denominated transactions, write-off of long-lived assets and transformation
and other exit costs.















Reconciliation of Operating expenses to Adjusted operating expenses for the Three Months Ended March 31, 2025:








As Reported (1)
Adjustments (1)(2)
Stock-Based Compensation
As AdjustedCost of revenue and operations$                   31,483
$                       (544)
$                       (178)
$                   30,761Product and technology30,617
(2,139)
(2,513)
25,965Marketing and sales62,540
(2,356)
(2,187)
57,997General and administrative20,885
(3,480)
(3,825)
13,580Depreciation and amortization27,039
—
—
27,039Total operating expenses$                 172,564
$                    (8,519)
$                    (8,703)
$                 155,342







Total nonoperating expense, net$                    (7,693)
$                          25
$                             -
$                   (7,668)







(1) Certain prior year balances have been reclassified to conform to the current year presentation.







(2) Includes severance, transaction-related items, write-off of long-lived assets, unrealized gains and losses on foreign currency denominated
transactions and transformation and other exit costs.  View original content to download multimedia:https://www.prnewswire.com/news-releases/carscom-reports-first-quarter-2026-results-302765005.htmlSOURCE Cars.com Inc. Original: Cars.com Reports First Quarter 2026 Results

Cars.com's New First-of-Its-Kind AI Video Solution Turns Every Vehicle Into High-Intent Sales EngineApril 27, 2026 8:00 AM
PR Newswire (US)

New VIN-Specific, AI-Powered Video Ads — Fueled by Real-Time Shopper Demand and Closed-Loop Attribution — Deliver 47% Lift in Influenced SalesCHICAGO, April 27, 2026 /PRNewswire/ -- Car-shopping marketplace Cars.com Inc. (NYSE: CARS) today shared new data around its powerful artificial intelligence (AI) video advertising solution that automatically converts dealer inventory into shopper-ready video assets. A pilot program was announced earlier this year at NADA Show 2026, and the company officially rolled out its first live campaign in March. Cars.com is the only company in the industry to provide a solution that combines VIN-specific, AI-powered video ads with real, in-market consumer demand signals.



Early results show strong performance, connecting media directly to lot visits and vehicle sales. In the last 30 days alone, Cars.com served nearly 10,000 unique video assets for its early adopter clients to active shoppers based on their unique vehicle search activity¹. The last 30-day in-market video campaign drove²:35% increase in dealership website visitors45% increase in influenced dealership foot traffic47% increase in influenced vehicle sales"Cars.com is the only one in the industry combining real-time marketplace demand signals, premium media distribution and AI-generated VIN-level video — delivering a uniquely powerful, end-to-end advertising solution for our dealer customers," said Lisa Gosselin, chief commercial officer at Cars.com Inc. "Our goal is to partner with our customers to understand how we can help solve pain points through data and technology. Early feedback is clear: Our new AI VIN video solution is hitting the mark."According to Dawn Reidel, director of marketing at Heiser Automotive and an avid fan of Cars.com's in-market video solutions since 2020, "We know that our videos are getting to shoppers who are lower-funnel and ready to buy. We can see every month how many people watched our videos and then came to our store locations. The influence of In-Market Video on our actual sales has been proven to us through our own in-house review multiple times."With Cars.com's new product, dealers can now automatically generate VIN-specific video ads across their full new and used inventory — moving beyond generic brand and incentive campaigns to showcase the exact vehicles shoppers are actively searching for. Powered by proprietary Cars.com shopper behavior data, campaigns target high-intent buyers already in-market — maximizing relevance, engagement and conversion. Dealers can instantly scale high-quality video across hundreds of vehicles without added production time or cost — unlocking a new level of efficiency and performance.Technical Capabilities of Cars.com's AI-powered VIN Video Advertising Solution:Connection to Cars.com inventory feed: Simple connection of a dealer's inventory feed already powering their Cars.com listings to the AI video technology.Automatically generates video: When a vehicle is added to a dealer's inventory feed, AI combines its photos to create 3D renderings and dynamically pulls in data such as price, mileage, features and specifications. Visual effects then bring the vehicle to life in just minutes.Renders within OEM-compliant designs: Each video is generated within OEM brand templates that are predesigned by Cars.com — ensuring both compliance and quality consistency.Delivers videos across social media platforms: The videos are rendered in each of the sizes and formats needed to meet shoppers where they are on TikTok, Instagram and Facebook.Targets the most-likely-to-buy shoppers: Cars.com's proprietary first-party audience data are integrated within each platform's ad serving to showcase inventory to shoppers who have been actively looking for similar vehicles. When vehicles are sold and removed from a dealer's inventory feed, they are automatically removed from their video advertising — ensuring the promotion of active inventory every day.For more information, visit CarsCommerce.inc or contact your local Cars.com sales representative.FAQWhat is Cars.com AI VIN video solution?
Cars.com's AI VIN video solution automatically generates a unique video ad for each vehicle in a dealer's inventory. It combines vehicle photos into 3D renderings and pulls in data like price, mileage and features to create vehicle-specific ads in just minutes. Leveraging Cars.com's proprietary first-party audience data, the ads are then served to relevant shoppers who have been actively looking for similar vehicles.How does Cars.com AI VIN video compare to traditional automotive video advertising?
Cars.com is the only company in the industry that combines VIN-specific, AI-powered video with real, in-market consumer demand signals, along with attribution that connects media exposure to lot visits and sales. Most automotive video advertising runs on brand or incentive-level creative — not vehicle-specific content matched to buyers already in-market.What results have early adopters seen?
In the first 30-day live campaign, dealers saw a 35% increase in website visitors, a 45% increase in influenced foot traffic, and a 47% increase in influenced vehicle sales compared to the prior period. Cars.com served nearly 10,000 unique video assets during that window.¹How does a dealer get started with the Cars.com AI VIN video solution?
Getting started requires no new production pipeline. The solution plugs into a dealer's existing Cars.com inventory feed, generates videos automatically as vehicles are added, and removes them when they sell. For more information, visit CarsCommerce.inc or contact your local Cars.com sales representative.¹Internal Cars.com Data reflecting the total number of unique video assets that generated an ad impression, March 22-April 22, 2026
² Cars.com Case Study: In-Market Video Campaign Performance with new VIN-Specific AI creative assets compared to prior period without new product capabilities, March-April 2026 About Cars.com Inc. Cars.com Inc. (NYSE:CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects millions of consumers to dealerships across the U.S., powering the car buying experience with artificial intelligence ("AI") shopping tools and comprehensive vehicle reviews and content. Our interconnected ecosystem of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, and proprietary in-market media solutions. Learn more at www.carscommerce.inc.Media Contact 
Christine Spinelli
pr@cars.com










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Original: Cars.com's New First-of-Its-Kind AI Video Solution Turns Every Vehicle Into High-Intent Sales Engine

Cars.com Provides Update on Business Initiatives, Raises Share Repurchase Target and Reaffirms GuidanceApril 9, 2026 4:35 PM
PR Newswire (US)

CHICAGO, April 9, 2026 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS), a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars, today shared an update on the Company's progress against key business initiatives previously announced on its February 2026 earnings call.







The Company's plan for 2026 is focused on accelerating product development and innovation, streamlining processes and costs, and improving organizational structure. Key actions include:New AI-powered product releases. March and April product releases reflect a renewed focus on strengthening Marketplace and AI functionality for customers. The new Cars.com Dealer App is an AI-powered mobile assistant that provides on-the-go analytics and recommendations tailored to drive sales for each dealer's unique inventory. Advanced Shopper Alerts was launched for Premium+ customers in late March, integrating new AI- and location-enabled insights from the Cars.com marketplace directly into the dealer's CRM for the first time. Together, these products drive efficiencies for dealers by turning Cars.com proprietary data into actionable insights across the sales process.Streamlining processes and costs. The Company has initiated a cost reduction program, which includes an approximately 11% reduction in full time roles, along with process changes and vendor cost optimization. These actions advance the Company's Marketplace strategy and are expected to generate $25-30 million in recurring annualized operating cost savings in 2027, while supporting 2026 profitability targets. This cost initiative is expected to be completed by early Q2 2026 and incur aggregate related one-time charges of approximately $8.5-$9 million, substantially all of which will be recognized in Q1 2026.Flattening organizational structure. The Company's reporting structure has been flattened to empower faster decision making. Roughly 20% of eliminated roles are within management layers, including two executive roles.Near-term increase to share repurchase plan. In light of progress made to-date, the Company is raising its full-year share repurchase target from $60-plus million to $90 million. As of April 8, 2026, the Company has repurchased approximately 2.9 million shares of common stock for $24 million, representing 5% of shares outstanding as of December 31, 2025.Reaffirming guidance. The Company reaffirms its Q1 2026 and FY2026 guidance, previously announced during the Q4 2025 earnings call on February 26, 2026:Q1 2026 revenue growth of flat to up 1% year-over-year and Adjusted EBITDA margin of 26% to 27%FY 2026 revenue growth of flat to up 2% and Adjusted EBITDA margin of 29% to 30%"We are moving quickly to execute our 2026 initiatives and make changes that support healthy long-term growth. Better internal processes and a more nimble organization are essential to accelerate the Marketplace flywheel while also growing responsibly to create shareholder value. Simplifying our business also provides more bandwidth to dedicate to key products, like AI, data and analytics, that we believe are critical to the future of automotive retail. We are grateful to the employees whose contributions have helped shape Cars.com into what it is today, and we enter this next chapter with conviction and a clear path forward," said Tobi Hartmann, CEO of Cars.com.Earnings Conference CallThe Company expects to report its financial results for the first quarter ended March 31, 2026, on Thursday, May 7, 2026. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results. The conference call will be hosted by Chief Executive Officer, Tobias Hartmann, and Chief Financial Officer, Sonia Jain.Those interested are invited to listen to the live webcast online at investor.cars.com. A webcast replay will be available shortly afterwards by visiting Events on the Investor Relations website.ABOUT CARS.COM®
Cars.com Inc. (NYSE:CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects millions of consumers to dealerships across the U.S., powering the car buying experience with artificial intelligence ("AI") shopping tools and comprehensive vehicle reviews and content. Our interconnected ecosystem of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, and proprietary in-market media solutions.Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the federal securities laws. All statements other than statements of historical facts are forward-looking statements. These statements often use words such as "believe," "expect," "project," "anticipate," "outlook," "intend," "strategy," "plan," "estimate," "target," "seek," "will," "may," "would," "should," "could," "forecasts," "mission," "strive," "more," "goal" or similar expressions. Forward-looking statements are based on our current expectations, beliefs, strategies, estimates, projections and assumptions, experience in the industry as well as our perceptions of historical trends, current conditions, expected future developments, and other factors we think are appropriate. Such forward-looking statements are based on estimates and assumptions that, while considered reasonable by Cars.com and its management based on their knowledge and understanding of the business and industry, are inherently uncertain. While Cars.com and its management make such statements in good faith and believe such judgments are reasonable, you should understand that these statements are not guarantees of future strategic action, performance or results. Our actual results, performance, achievements, strategic actions or prospects could differ materially from those expressed or implied by these forward-looking statements. Given these uncertainties, you should not rely on forward-looking statements in making investment decisions. When we make comparisons of results between current and prior periods, we do not intend to express any future trends, or indications of future performance, unless expressed as such, and you should view such comparisons as historical data. Whether or not any such forward-looking statement is in fact achieved will depend on future events, some of which are beyond our control.Forward-looking statements are subject to a number of risks, uncertainties and other important factors, many of which are beyond our control, that could cause our actual results and strategic actions to differ materially from those expressed in the forward-looking statements contained in this press release. For a detailed discussion of many of these and other risks and uncertainties, see "Part I, Item 1A., Risk Factors" and "Part II, Item 7., Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the Securities and Exchange Commission ("SEC") on February 26, 2026 and our other filings filed with the SEC and available on our website at investor.cars.com or via EDGAR at www.sec.gov.You should evaluate all forward-looking statements made in this press release in the context of these risks and uncertainties. The forward-looking statements contained in this press release are based only on information currently available to us and speak only as of the date of this press release. We undertake no obligation, other than as may be required by law, to update or revise any forward-looking or cautionary statements to reflect changes in assumptions, the occurrence of events, unanticipated or otherwise, or changes in future operating results over time or otherwise. The forward-looking statements in this report are intended to be subject to the safe harbor protection provided by the federal securities laws.



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Original: Cars.com Provides Update on Business Initiatives, Raises Share Repurchase Target and Reaffirms Guidance

Affordable Excellence: Cars.com Announces 2026 Best Value New CarsApril 7, 2026 12:00 PM
PR Newswire (US)

Best Value New Car awards highlight affordable vehicles for cost-conscious shoppers as gas prices soar and average new-car prices are up $709 YOYCHICAGO, April 7, 2026 /PRNewswire/ -- Car-shopping marketplace Cars.com® (NYSE: CARS) today announced its 2026 Best Value New Cars awards across eight key vehicle segments, factoring in price, standard safety and tech features, fuel economy and one-year fuel costs.







According to a recent Cars.com survey, three-quarters of in-market car shoppers indicate they are spending less money, focusing on necessities and ensuring they get the most value from every penny spent on major purchases.¹ As costs for fuel, electricity, insurance, auto service and repair parts and more continue to rise, total car ownership, not just the purchase price, is increasingly top of mind."Between tariffs, fuel economy, interest rates and insurance premiums, car shoppers have a lot to think about when evaluating a new vehicle. The Best Value New Cars are a great place for the price-conscious consumer to start," said Jennifer Newman, Cars.com editor-in-chief. "These vehicles represent the top picks from Cars.com editors with the must-have features shoppers want at the right price."The Best Value New Cars highlights vehicles that pack in the most value for the price tag, especially during a time when the average new-car price is hovering at $49,714.² New-car prices are up $709 or 1.4% year over year, reflecting a broader uptick in pricing throughout the first quarter of 2026 compared to the same time period in 2025.²The 2026 Best Value New Cars by Cars.com are:Subcompact SUV Winner: Chevrolet Trax LSTop Finishers: Hyundai Kona SE, Nissan Kicks SCompact SUV Winner: Kia Sportage Hybrid STop Finishers: Honda CR-V LX, Nissan Rogue SMid-Size SUV Winner: Hyundai Palisade SETop Finishers: Honda Passport RTL, Toyota Grand Highlander LECompact Car Winner: Toyota Corolla Hybrid LETop Finishers: Hyundai Elantra SE, Mazda3 2.5 S sedanSmall Pickup Truck Winner: Ford Maverick XLMid-Size Pickup Truck Winner: Toyota Tacoma SR5Top Finishers: Honda Ridgeline Sport, Nissan Frontier SVLarge Pickup Truck Winner: Ford F-150 XLTop Finishers: Chevrolet Silverado 1500 LT, Ram 1500 Big Horn/Lone StarElectric Vehicle Winner: Hyundai Ioniq 5 SETop Finishers: Chevrolet Equinox EV LT 2, Tesla Model 3Cars.com Best Value New Cars MethodologyTo be considered for the Cars.com Best Value New Cars list, models must be on sale at the time of data collection, which begins in January. Each vehicle considered for the list is a mainstream-brand, mass-market vehicle that must be equipped with certain features, including an automatic transmission, Apple CarPlay and Android Auto, blind spot monitoring, forward collision warning with automatic emergency braking and pedestrian detection, and lane departure warning. The features list is determined by Cars.com consumer survey results and editorial judgment.Cost is a key factor in determining which vehicles make the list. Using Cars.com data, experts determine the segment-average price and remove any vehicles above. Additionally, the EPA's annual fuel costs are also factored into the rankings for gas-powered vehicles. Other considerations include regular unleaded fuel required for all gas-powered vehicles, two rows of seating for pickup trucks and electrified vehicles that exceed the average range among mainstream-brand EVs.For more information, visit Cars.com.¹Cars.com survey sent to a nationally representative sample of consumers planning to buy a car in the next 12 months with 1,911 total respondents (March 6-10, 2026)
²Cars.com data, average new-car listing price, March 2026Frequently Asked QuestionsWhat makes a vehicle a Cars.com Best Value?This list highlights the best value new cars for 2026. A vehicle must offer a strong mix of affordability, features and efficiency based on a combination of:Purchase priceStandard and available featuresFuel or energy costsWarranty coverageWhat types of vehicles are included?
The list includes mainstream mass-market brands for eight categories:Compact CarSubcompact SUVCompact SUVMid-Size SUVSmall PickupMid-Size PickupLarge PickupEVWhat are the 2026 Best Value winners?Compact Car: Toyota Corolla HybridSubcompact SUV: Chevrolet TraxCompact SUV: Kia Sportage HybridMid-Size SUV: Hyundai Palisade (SE, SEL, XRT only)Small Pickup: Ford MaverickMid-Size Pickup: Toyota TacomaLarge Pickup: Ford F-150EV: Hyundai Ioniq 5What are the Top Finishers?
Top Finishers are the runners-up in each category and offer strong value.What criteria are used to select winners?
To qualify, vehicles must:Be a mainstream-brand, mass-market vehicle.Offer key features (standard or optional), including:Apple CarPlay and Android AutoBlind spot monitoringForward collision warningAutomatic emergency brakingPedestrian detectionLane departure warningHave at least 288 miles of range for EVsHow is value calculated?
Cars.com evaluates value by:Adding annual fuel or energy costs to the vehicle priceComparing that total to the average price of the classEnsuring the vehicle is at or below the class averageAdditional requirements include:Running on regular fuel (for gas vehicles)Offering a competitive warrantyMeet minimum seating requirements for trucksWhy are some trims excluded?
Some trims are excluded because they:Are too expensive relative to the class.Reduce overall valueHave limited availability or active recallsAre there trade-offs with these vehicles?
Yes. Each winner includes pros and cons to help shoppers evaluate trade-offs. Because this list prioritizes value, some vehicles may have:Less powerful enginesLower-quality interior materialsFewer premium featuresSpace or comfort limitationsWhy are hybrids and EVs included?
Hybrids and EVs can offer lower fuel or energy costs, which improves total value over time even if the purchase price is higher.ABOUT CARS.COM®Cars.com Inc. (NYSE:CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects millions of consumers to dealerships across the U.S., powering the car buying experience with artificial intelligence ("AI") shopping tools and comprehensive vehicle reviews and content. Our interconnected ecosystem of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, and proprietary in-market media solutions.



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Original: Affordable Excellence: Cars.com Announces 2026 Best Value New Cars

KIA SPORTAGE HYBRID NAMED IN CARS.COM'S 2026 BEST VALUE NEW CARSApril 7, 2026 7:35 AM
PR Newswire (US)

Kia Sportage Hybrid recognized for third consecutive yearIRVINE, Calif., April 7, 2026 /PRNewswire/ -- The 2026 Kia Sportage Hybrid has been recognized in Cars.com's 2026 Best Value New Cars awards, earning the top spot in the Compact SUV category. This latest recognition marks the third consecutive year the Sportage Hybrid has been named to Cars.com's list, underscoring its continued focus on value, efficiency, and everyday usability.







"Kia remains committed to offering vehicles that deliver everything customers want, and more than they expect. In the Sportage Hybrid, this is accomplished with the right balance of power, efficiency, technology, and overall value," said Eric Watson, vice president of sales, Kia America. "The Sportage Hybrid continues to resonate with customers because it offers a well-rounded package and a strong design that meets the needs of today's compact SUV buyers."Cars.com's Best Value New Cars awards highlight new vehicles that deliver strong value based on the publication's efficiency cost rating, which is calculated by dividing the EPA's combined fuel economy rating by the vehicle's base price, including MSRP and destination charge. The 2026 Sportage Hybrid led its segment by offering a competitive combination of fuel efficiency and starting price."The Cars.com 2026 Best Value New Cars award recognizes the Kia Sportage Hybrid S as the Best Value Compact SUV because it pairs impressive fuel economy and useful, in-demand features with a price that is class competitive," said Jenni Newman, editor-in-chief of Cars.com. "Kia continues to prove that for today's car buyers, value means more than affordability alone; it's about delivering capability, efficiency and everyday usability in one package." Kia America – about usHeadquartered in Irvine, California, Kia America continues to top automotive quality surveys. Kia is recognized as one of the TIME World's Most Sustainable Companies of 2024. Kia serves as the "Official Automotive Partner" of the NBA and WNBA and offers a range of gasoline, hybrid, plug–in hybrid, and electric vehicles sold through a network of nearly 800 dealers in the U.S., including several cars and SUVs proudly assembled in America*.*Select trims of the all–electric EV6 and EV9 all–electric three–row SUV, Sportage (excludes HEV and PHEV models), Sorento (excludes HEV and PHEV models), and Telluride are assembled in the United States from U.S. and globally sourced parts.ABOUT CARS.COM®Cars.com Inc. (NYSE: CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects millions of consumers to dealerships across the U.S., powering the car buying experience with artificial intelligence ("AI") shopping tools and comprehensive vehicle reviews and content. Our interconnected ecosystem of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, and proprietary in-market media solutions.  










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Original: KIA SPORTAGE HYBRID NAMED IN CARS.COM'S 2026 BEST VALUE NEW CARS

Cars.com Announces Its 2026 Dealer of the Year AwardsMarch 18, 2026 7:30 AM
PR Newswire (US)

Largest Automotive Review Platform Delivers Guide to Car Shoppers Highlighting Top-Rated Dealers Across the U.S. and Canada CHICAGO, March 18, 2026 /PRNewswire/ -- Car-shopping marketplace Cars.com® (NYSE: CARS) today announced the winners of its Dealer of the Year Awards (DOTY), an annual honor awarded to the top automotive dealers across the U.S. and Canada and an important signal to car shoppers about the dealerships providing a standout car-buying experience.







View the full list of Cars.com Dealer of the Year Award Winners. Cars.com hosts approximately 16 million consumer reviews¹ — and nearly 1.3 million² were submitted in 2025 alone to decide this year's Dealer of the Year winners. Award winners were chosen according to key drivers of repeat and referral business, including average star rating, total number of reviews and dealer response to those reviews."Buying a car is a big decision, and reviews offer the social proof consumers rely on to ensure they will have a great experience with a dealership. More than 90% of early-stage car shoppers are undecided on which dealership to choose. Our review data clearly shows consumers value fast, quality communication when making that decision," said Jamie Oldershaw, vice president of customer experience at Cars.com.The Dealer of the Year awards recognize dealerships that excel at listening and responding to consumer feedback for continuous improvement — and winners demonstrate high responsiveness to customer reviews: Nearly 90% of honorees actively respond to reviews, compared to just 52% of non-winning dealerships.³This year's Cars.com Dealer of the Year Award winners include:Regional Winners
Mid-Atlantic: Mercedes-Benz of Edison - A Ray Catena Dealership, Edison, NJMidwest: Phillips Chevrolet, Frankfort, ILNew England: White River Toyota, White River Junction, VTPlains: Reliable Lexus, Springfield, MORocky Mountain: Courtesy Acura, Littleton, COSoutheast: Honda of Concord, Concord, NCSouthwest: D&M Leasing - Fort Worth, Fort Worth, TXWest: Lexus of Pleasanton, Pleasanton, CANational Brand WinnersAcura: Hendrick Acura, Charlotte, NCAlfa Romeo: Alfa Romeo Fiat of Strongsville, Strongsville, OHAston Martin: Park Place LTD, Bellevue, WAAudi: Audi Springfield, Springfield, MOBentley: Avondale Premier Collection, Dallas, TXBMW: BMW of Springfield, Springfield, MOBuick: Woody Buick GMC of Gurnee, Gurnee, ILCadillac: Trent Cadillac Buick GMC, New Bern, NCChevrolet: Phillips Chevrolet, Frankfort, ILChrysler: ODaniel Chrysler Dodge Jeep Ram, Fort Wayne, INDodge: ODaniel Chrysler Dodge Jeep Ram, Fort Wayne, INFerrari: Ferrari Maserati Alfa Romeo of Fort Lauderdale, Fort Lauderdale, FLFiat: Glenbrook Dodge Chrysler Jeep Fiat, Fort Wayne, INFord: Seelye Ford of Kalamazoo, Kalamazoo, MIGenesis: Allen Turner Hyundai, Pensacola, FLGMC: Woody Buick GMC of Gurnee, Gurnee, ILHonda: Honda of Concord, Concord, NCHyundai: Allen Turner Hyundai, Pensacola, FLIneos: Crown Ineos Grenadier, Pensacola, FLInfiniti: Coulter Infiniti, Mesa, AZJaguar: Jaguar Land Rover St. Petersburg, St. Petersburg, FLJeep: ODaniel Chrysler Dodge Jeep Ram, Fort Wayne, INKia: Seelye Kia of Kalamazoo, Kalamazoo, MILamborghini: Lamborghini Dallas, Dallas, TXLand Rover: Land Rover Princeton, Princeton, NJLeasing Company: D&M Leasing - Fort Worth, Fort Worth, TXLexus: Reliable Lexus, Springfield, MOLincoln: Bozard Ford Lincoln, St. Augustine, FLLotus: Park Place LTD, Bellevue, WAMaserati: Foreign Cars Italia, Greensboro, NCMazda: Sport Mazda, Orlando, FLMcLaren: Avondale Premier Collection, Dallas, TXMercedes-Benz: Mercedes-Benz of Edison - A Ray Catena Dealership, Edison, NJMini: Mini of Charleston, Charleston, SCMitsubishi: RC Hill Mitsubishi-Ocala, Ocala, FLNissan: Mike Rezi Nissan, Atlanta, GAPolaris: California Custom Trailers & Powersports, Elk Grove, CAPorsche: Champion Porsche, Pompano Beach, FLRam: ODaniel Chrysler Dodge Jeep Ram, Fort Wayne, INRolls Royce: Braman Rolls-Royce West Palm Beach, West Palm Beach, FLSubaru: Subaru of Jacksonville, Jacksonville, FLToyota: Reliable Toyota, Springfield, MOUsed-Car Dealer: Dallas Lease Returns, Dallas, TXVolkswagen: City Volkswagen of Evanston, Evanston, ILVolvo: Hendrick Volvo Cars of Charleston, Charleston, SCPlatform for Progress: Dealer Reviews Fuel Improvements to the Car-Buying JourneyCars.com has the automotive industry's largest dealership review platform, which provides data-driven insights that empower both shoppers and dealerships before, during and after the car-buying journey.  Cars.com offers tools to dealers such as Smart Response, an AI-assisted tool that decreases response time, increases quality and improves SEO/AEO performance. The result is stronger communication with existing customers and more visibility and insight for consumers who are starting the car-buying journey. Dealers can also access their personalized Experience Report to stay competitive and better serve consumers.Cars.com Dealer of the Year Award MethodologyThe Cars.com Dealer of the Year Awards are presented annually to the top automotive dealers with 25 or more reviews based on the dealership's average star rating and the total number of reviews written about the dealership during the 2025 calendar year, as well as management response rate to those reviews.¹ Internal Cars.com data, total reviews on the platform, February 2026
²Internal Cars.com data, total reviews captured Jan. 1-Dec. 31, 2025
³Internal Cars.com data, responsiveness to reviews, February 2026ABOUT CARS.COM®
Cars.com Inc. (NYSE:CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects millions of consumers to dealerships across the U.S., powering the car buying experience with artificial intelligence ("AI") shopping tools and comprehensive vehicle reviews and content. Our interconnected ecosystem of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, and proprietary in-market media solutions.Frequently Asked Questions: 2026 Cars.com Dealer of the Year AwardsHow are Cars.com Dealer of the Year winners selected?
All awards are determined using consumer reviews submitted to Cars.com and DealerRater in 2025. Dealers must receive at least 25 verified consumer reviews in the 2025 calendar year to qualify. Eligible dealerships were evaluated based on three factors: average star rating, total review volume and management response rate to reviews.How many consumer reviews were considered for the 2026 awards?Nearly 1.3 million² reviews submitted to Cars.com in 2025 were evaluated to determine this year's Dealer of the Year award winners. Cars.com hosts nearly 16 million total dealership reviews — the most in the industry.²What is the difference between regional and national winners?
Regional winners represent the highest-rated dealerships within a geographic region. National Brand winners represent the top-rated dealership for each automotive brand.Why does review responsiveness matter for dealerships?
Active review engagement signals strong customer service, transparency, accountability and a commitment to continuous improvement. Nearly 90% of 2026 Dealer of the Year winners consistently responded to customer feedback, compared to just 52% of non-winning dealerships.³What tools does Cars.com offer to help dealers manage reviews?
Cars.com provides dealerships with data-driven tools that simplify reputation management. Smart Response is an AI-assisted tool that helps dealers craft timely, professional review replies, improving response quality and speed. Dealers also have access to a personalized Experience Report, which provides insights into buyer sentiment and operational performance.



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Original: Cars.com Announces Its 2026 Dealer of the Year Awards

Vertiv Holdings, Lumentum Holdings, Coherent, and EchoStar Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600March 6, 2026 6:39 PM
PR Newswire (US)

NEW YORK, March 6, 2026 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices:
NAPCO Security Technologies Inc. (NASD: NSSC) will replace Alexander & Baldwin Inc. (NYSE: ALEX) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, March 13. An investor group comprised of MW Group and funds affiliated with DivcoWest and Blackstone Real Estate is acquiring Alexander & Baldwin in a deal that is expected to close soon, pending final closing conditions.The following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 will take effect before the market opens on Monday, March 23, as part of the quarterly rebalance. The changes ensure that each index is more representative of its market–capitalization range. The companies being removed from the S&P SmallCap 600 are no longer representative of the small–cap market space.Following is a summary of the changes that will take place prior to the open of trading on the effective date:Effective
DateIndex Name       ActionCompany NameTickerGICS SectorMar 13, 2026S&P SmallCap 600AdditionNAPCO Security Technologies NSSC Information Technology Mar 13, 2026S&P SmallCap 600DeletionAlexander & Baldwin  ALEX Real EstateMar 23, 2026S&P 100AdditionMicron TechnologyMU Information Technology Mar 23, 2026S&P 100AdditionLam ResearchLRCX Information Technology Mar 23, 2026S&P 100AdditionApplied MaterialsAMAT Information Technology Mar 23, 2026S&P 100AdditionGE VernovaGEV Industrials Mar 23, 2026S&P 100DeletionPayPal HoldingsPYPL Financials Mar 23, 2026S&P 100DeletionAmerican Intl GroupAIG Financials Mar 23, 2026S&P 100DeletionMetlifeMET Financials Mar 23, 2026S&P 100DeletionTargetTGT Consumer Staples Mar 23, 2026S&P 500AdditionVertiv HoldingsVRTIndustrialsMar 23, 2026S&P 500AdditionLumentum Holdings LITEInformation TechnologyMar 23, 2026S&P 500AdditionCoherentCOHRInformation TechnologyMar 23, 2026S&P 500AdditionEchoStarSATSCommunication ServicesMar 23, 2026S&P 500DeletionMatch Group MTCHCommunication ServicesMar 23, 2026S&P 500DeletionMolina HealthcareMOHHealth CareMar 23, 2026S&P 500DeletionLamb Weston Holdings LWConsumer StaplesMar 23, 2026S&P 500DeletionPaycom Software PAYCIndustrialsMar 23, 2026S&P MidCap 400AdditionSolstice Advanced Materials SOLSMaterialsMar 23, 2026S&P MidCap 400AdditionSiTime SITMInformation TechnologyMar 23, 2026S&P MidCap 400AdditionMoog MOG.AIndustrialsMar 23, 2026S&P MidCap 400AdditionInterDigital IDCCInformation TechnologyMar 23, 2026S&P MidCap 400AdditionVicor VICRIndustrialsMar 23, 2026S&P MidCap 400AdditionCareTrust REIT CTREReal EstateMar 23, 2026S&P MidCap 400DeletionLumentum Holdings LITEInformation TechnologyMar 23, 2026S&P MidCap 400DeletionCoherent COHRInformation TechnologyMar 23, 2026S&P MidCap 400DeletionEchoStar SATSCommunication ServicesMar 23, 2026S&P MidCap 400DeletionZoomInfo Technologies GTMCommunication ServicesMar 23, 2026S&P MidCap 400DeletionASGN ASGNInformation TechnologyMar 23, 2026S&P MidCap 400DeletionKemper KMPRFinancialsMar 23, 2026S&P SmallCap 600AdditionMatch Group MTCHCommunication ServicesMar 23, 2026S&P SmallCap 600AdditionMolina HealthcareMOHHealth CareMar 23, 2026S&P SmallCap 600AdditionLamb Weston Holdings LWConsumer StaplesMar 23, 2026S&P SmallCap 600AdditionPaycom Software PAYCIndustrialsMar 23, 2026S&P SmallCap 600AdditionVSE VSECIndustrialsMar 23, 2026S&P SmallCap 600AdditionArgan AGXIndustrialsMar 23, 2026S&P SmallCap 600AdditionRithm Capital RITMFinancialsMar 23, 2026S&P SmallCap 600AdditionLyft LYFTIndustrialsMar 23, 2026S&P SmallCap 600AdditionLaureate Education LAURConsumer DiscretionaryMar 23, 2026S&P SmallCap 600AdditionLife Time Group Holdings LTHConsumer DiscretionaryMar 23, 2026S&P SmallCap 600AdditionLife360 LIFInformation TechnologyMar 23, 2026S&P SmallCap 600AdditionSphere EntertainmentSPHRCommunication ServicesMar 23, 2026S&P SmallCap 600AdditionZoomInfo Technologies GTMCommunication ServicesMar 23, 2026S&P SmallCap 600AdditionASGNASGNInformation TechnologyMar 23, 2026S&P SmallCap 600AdditionKemper KMPRFinancialsMar 23, 2026S&P SmallCap 600DeletionSolstice Advanced Materials SOLSMaterialsMar 23, 2026S&P SmallCap 600DeletionSiTimeSITMInformation TechnologyMar 23, 2026S&P SmallCap 600DeletionMoog MOG.AIndustrialsMar 23, 2026S&P SmallCap 600DeletionInterDigital IDCCInformation TechnologyMar 23, 2026S&P SmallCap 600DeletionVicor CorpVICRIndustrialsMar 23, 2026S&P SmallCap 600DeletionCareTrust REIT CTREReal EstateMar 23, 2026S&P SmallCap 600DeletionDave & Buster's Entertainment PLAYConsumer DiscretionaryMar 23, 2026S&P SmallCap 600DeletionSunCoke Energy SXCMaterialsMar 23, 2026S&P SmallCap 600DeletionAH Realty Trust AHRTReal EstateMar 23, 2026S&P SmallCap 600DeletionSummit Hotel Properties INNReal EstateMar 23, 2026S&P SmallCap 600DeletionKKR Real Estate Finance Trust KREFFinancialsMar 23, 2026S&P SmallCap 600DeletionBloomin' Brands BLMNConsumer DiscretionaryMar 23, 2026S&P SmallCap 600DeletionMyriad Genetics MYGNHealth CareMar 23, 2026S&P SmallCap 600DeletionCars.com CARSCommunication ServicesMar 23, 2026S&P SmallCap 600DeletionANGI ANGICommunication ServicesABOUT S&P DOW JONES INDICESS&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.FOR MORE INFORMATION:S&P Dow Jones Indices
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View original content:https://www.prnewswire.com/news-releases/vertiv-holdings-lumentum-holdings-coherent-and-echostar-set-to-join-sp-500-others-to-join-sp-100-sp-midcap-400-and-sp-smallcap-600-302707297.htmlSOURCE S&P Dow Jones Indices

Original: Vertiv Holdings, Lumentum Holdings, Coherent, and EchoStar Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600

Cars.com Reports Fourth Quarter and Full Year 2025 ResultsFebruary 26, 2026 7:30 AM
PR Newswire (US)

Record Full Year Revenue of $723 Million Driven by Dealer Revenue Growth
Expanded Customer Base to 19,544 Dealer Customers
Generated $152MM of Annual Net Cash Provided by Operating Activities
Repurchased 7.1 Million Shares for $86 Million and Retired 9% of Shares OutstandingCHICAGO, Feb. 26, 2026 /PRNewswire/ -- 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 fourth quarter and year ended December 31, 2025.







"The Cars.com marketplace and product suite is positioned to capture growing demand for trusted data insights, simple end-to-end tools, and an AI-oriented user experience. Our focus is squarely on driving further financial improvements in 2026 by leveraging and enhancing our marketplace flywheel. We plan to develop more interconnectivity across our solutions to amplify differentiation and unlock product adoption. At the same time, we will evaluate our cost structure to operate more efficiently. We look forward to sharing updates as we execute our strategy to create value for all stakeholders," said Tobias Hartmann, Chief Executive Officer of Cars.com, Inc.Financial Highlights (in thousands, except per share data)Quarter Ended December 31,


Year Ended December 31,

2025
2024
Change %
2025
2024
Change %Revenue$     183,903
$      180,431
2 %
$    723,239
$      719,152
1 %Net income7,398
17,304
(57 %)
20,052
48,188
(58 %)Adjusted net income27,385
32,508
(16 %)
108,134
114,923
(6 %)Adjusted EBITDA54,896
55,488
(1 %)
211,146
209,717
1 %Net income per diluted share0.12
0.26
(54 %)
0.32
0.72
(56 %)Adjusted net income per diluted share0.44
0.49
(10 %)
1.71
1.71
NM
NM = Not meaningful Key Metrics and Operational Highlights  (in millions, except dealer data)Quarter Ended

December 31,
2025
September 30,
2025
December 31,
2024
Change %
Q/Q
Change %
Y/YAverage Monthly Unique Visitors21.7
25.5
23.1
(15 %)
(6 %)Traffic ("Visits")138.8
156.2
143.8
(11 %)
(3 %)Monthly Average Revenue Per Dealer ("ARPD")$            2,472
$           2,460
$            2,475
NM
NMDealer Customers19,544
19,526
19,206
NM
2 % Dealer Customers grew to 19,544 dealers due to focused commercial execution and continued Marketplace adoption, and extended the streak of sequential customer growth in every quarter of 2025Marketplace Premium+ subscriber base more than doubled quarter-over-quarter during Q4AccuTrade Connected reached 1,180 subscribers in Q4 and total appraisals grew over 75% year-over-yearMarket Area Expansion launched nationwide on Cars.com in January following a successful pilot in Q4, providing consumers with richer search results that include shippable vehicles from non-local dealershipsQ4 2025 ResultsRevenue for the fourth quarter was $183.9 million, up 2% compared to the prior year period and setting a quarterly record. Subscription-based Dealer revenue of $164.4 million was up 3% year-over-year primarily from marketplace and website repackaging benefits, as well as Marketplace customer growth. OEM and National revenue of $16.2 million was down 9% year-over-year, reflecting changes in spending by OEM partners.Total operating expenses for the fourth quarter were $162.2 million compared to $160.7 million in the prior year period, growing at a moderate pace of 1% year-over-year. The biggest contributors to the increase were additional marketing investments, severance-related costs, and stock-based compensation, which were substantially offset by lower depreciation and amortization expenses. Adjusted operating expenses for the quarter were $145.5 million, down 3% year-over-year as greater marketing investments were more than offset by lower depreciation and amortization.Net income for the fourth quarter was $7.4 million, or $0.12 per diluted share, compared to Net income of $17.3 million, or $0.26 per diluted share, in the year-ago period. The change in Net income is primarily attributable to the $10.8 million gain on the sale of an equity investment, which was recorded in the prior period. Adjusted net income for the fourth quarter was $27.4 million, or $0.44 per diluted share, compared to $32.5 million, or $0.49 per diluted share a year ago.Adjusted EBITDA for the fourth quarter was $54.9 million, or 29.9% of revenue, compared to $55.5 million, or 30.8% of revenue in the year-ago period. Adjusted EBITDA declined 1% year-over-year, in-line with higher marketing costs that were mostly offset by operating efficiencies in cost of revenue and general and administrative expenses.Full Year ResultsRevenue for fiscal year 2025 totaled $723.2 million, a new full year record, increasing $4.1 million, or 1% year-over-year. Subscription-based Dealer revenue was up 1% year-over-year, driven by Solutions customer growth and repackaging, and partially offset by Marketplace declines in the first half of the year and lower Dealer Media spending. OEM and National revenue was down 1% year-over-year, reflecting changes in OEM spending in the second half of the year.Total operating expenses for the year were $663.0 million, compared to $665.7 million in 2024. Adjusted Operating Expenses for the year were $603.9 million, a 2% decrease year-over-year that was driven by a meaningful decline in depreciation and amortization. Depreciation and amortization expense decreased 14% year-over-year, primarily due to certain assets being fully depreciated and amortized as compared to the prior-year period, and partially offset by accelerated depreciation associated with the amended headquarters lease.Net income for the year totaled $20.1 million, or $0.32 per diluted share, compared to Net income of $48.2 million, or $0.72 per diluted share in the prior year. The change in Net income is primarily attributable to changes in the fair value of contingent consideration associated with prior acquisitions, and the gain on the sale of an equity investment, which were both recorded in the prior year. Adjusted net income for the year was $108.1 million, or $1.71 per diluted share, compared to $114.9 million, or $1.71 per diluted share a year ago.Adjusted EBITDA for the year totaled $211.1 million, or 29.2% of revenue, compared to $209.7 million, or 29.2% of revenue, in the prior year period. Adjusted EBITDA grew 1% year-over-year, largely mirroring revenue performance during this period.Cash Flow and Balance SheetNet cash provided by operating activities for the twelve-month period ended December 31, 2025 was $151.6 million, compared to $152.5 million in the prior year, which is largely attributable to the increase in earnout payments associated with the D2C Media acquisition. Free cash flow for the twelve-month period ended December 31, 2025 totaled $125.7 million, compared to $128.1 million in the prior year.Total debt outstanding was $455.0 million as of December 31, 2025. Total net leverage (as defined in the Company's credit facility) was 1.9x as of December 31, 2025. Total liquidity as of December 31, 2025 was $351.2 million, which is defined as Cash and cash equivalents of $56.2 million and revolver capacity of $295.0 million.Share RepurchaseShare repurchase activity in 2025 reflected a strong commitment to returning value to shareholders. Approximately 1.9 million shares of common stock were repurchased for $22.0 million in the fourth quarter, bringing total repurchases to 7.1 million shares for $86.0 million in 2025. This performance was at the high end of the fiscal 2025 share repurchase target range of $70 to $90 million, which was also raised midyear from the original target of $60 to $70 million.The existing share repurchase program was approved in February 2025, under which approximately $174 million in repurchase authorization remained as of December 31, 2025. The current share repurchase program expires in February 2028."We executed on key growth initiatives to deliver both revenue and Adjusted EBITDA results that were in-line with our outlook. Our asset-light model and operating leverage continues to power strong cash generation, and we utilized nearly 70% of free cash flow for share repurchases in support of our stated capital allocation policy to meaningfully return capital to shareholders," said Sonia Jain, Chief Financial Officer of Cars.com, Inc. "Looking ahead, our focus is on further scaling our marketplace through sustainable operational improvements and delivering profitable growth for long-term value creation."OutlookFirst Quarter 2026First quarter revenue is expected to be flat to up 1% year-over-year, based on a favorable Q4 exit rate for subscription-based Marketplace and website products that is slightly offset by near-term pressure in OEM advertising spending.First quarter Adjusted EBITDA margin is expected to be between 26.0% and 27.0%, reflecting underlying revenue mix change and slightly elevated technology and compensation expenses.Full Year 2026Full year 2026 revenue is expected to be flat to up 2% year-over-year. Dealer revenue growth is expected to be driven by Marketplace and website repackaging, customer base growth, and further product adoption. OEM and National revenue is expected to be pressured on a full year basis due to continuing shifts in OEM advertising investments. Full year 2026 Adjusted EBITDA margin is expected to be between 29.0% to 30.0%.Q4 2025 Earnings CallAs previously announced, management will hold a conference call and webcast today at 8:00 a.m. CT. This webcast may be accessed at the Cars Commerce Investor Relations website, investor.cars.com. An archive of the webcast will be available at investor.cars.com following the conclusion of the call.About Cars Commerce
Cars.com Inc. (NYSE:CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects millions of consumers to dealerships across the U.S., powering the car buying experience with artificial intelligence ("AI") shopping tools and comprehensive vehicle reviews and content. Our interconnected ecosystem of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, and proprietary in-market media solutions. Learn more at www.carscommerce.inc.Non-GAAP Financial MeasuresThis earnings release discusses Adjusted EBITDA, Adjusted EBITDA margin, Adjusted net (loss) income, Free Cash Flow and Adjusted Operating Expenses. These financial measures are not prepared in accordance with generally accepted accounting principles in the United States ("GAAP"). These financial measures are presented as supplemental measures of operating performance because the Company believes they provide meaningful information regarding the Company's performance and provide a basis to compare operating results between periods. In addition, the Company uses Adjusted EBITDA as a measure for determining incentive compensation targets. Adjusted EBITDA also is used as a performance measure under the Company's credit agreement and includes adjustments such as the items defined below and other further adjustments, which are defined in the credit agreement. These non-GAAP financial measures are frequently used by the Company's lenders, securities analysts, investors and other interested parties to evaluate companies in the Company's industry.While a reconciliation of non-GAAP measures to corresponding GAAP measures is not available on a forward-looking basis without unreasonable effort due to, as applicable, the timing, amount, valuation and number of future employee equity awards and the uncertainty relating to the timing, frequency, and effect of acquisitions and the significance of the resulting transaction-related expenses, the Company has provided a reconciliation of non-GAAP financial measures to their most directly comparable financial measure prepared in accordance with GAAP in this earnings release, see "Non-GAAP Reconciliations" below.Other companies may define or calculate these measures differently, limiting their usefulness as comparative measures. Because of these limitations, non-GAAP financial measures should not be considered in isolation or as substitutes for performance measures calculated in accordance with GAAP. Definitions of these non-GAAP financial measures and reconciliations to the most directly comparable GAAP financial measures are presented in the tables below.The Company defines Adjusted EBITDA as net income (loss) before (1) interest expense, net, (2) income tax (benefit) expense, (3) depreciation, (4) amortization of intangible assets, (5) stock-based compensation expense, (6) unrealized mark-to-market adjustments and cash transactions related to derivative instruments, (7) unrealized foreign currency exchange gains and losses, and (8) certain other items, such as transaction-related items, severance, transformation and other exit costs and write-off and impairments of goodwill, intangible assets and other long-lived assets.Transaction-related items result from actual or potential transactions such as business combinations, mergers, acquisitions, dispositions, spin-offs, financing transactions, and other strategic transactions, including, without limitation, (1) transaction-related bonuses and (2) expenses for advisors and representatives such as investment bankers, consultants, attorneys and accounting firms. Transaction-related items may also include, without limitation, transition and integration costs such as retention bonuses and acquisition-related milestone payments to acquired employees, consulting, compensation and other incremental costs associated with integration projects, fair value changes to contingent considerations and amortization of deferred revenue related to the AccuTrade acquisition.The Company defines Adjusted Net Income as GAAP net (loss) income excluding, net of their related tax effects: (1) amortization of intangible assets, (2) stock-based compensation expense, (3) unrealized mark-to-market adjustments and cash transactions related to derivative instruments, (4) unrealized foreign currency exchange gains and losses, and (5) certain other items, such as transaction-related costs, severance, transformation and other exit costs and write-off and impairments of goodwill, intangible assets and other long-lived assets.The Company defines Free Cash Flow as net cash provided by operating activities less capital expenditures, including purchases of property and equipment and capitalization of internally developed technology.The Company defines Adjusted Operating Expenses as total operating expenses adjusted to exclude stock-based compensation, write-off and impairments of goodwill, intangible assets, long-lived assets, severance, transformation and other exit costs and transaction-related items.Key Metric DefinitionsAverage Monthly Unique Visitors ("UVs") and Traffic ("Visits"). The Company defines UVs in a given month as the number of distinct visitors that engage with its platform during that month. Visitors are identified upon first visit to an individual Cars.com property on an individual device/browser combination or installation of one of our mobile apps on an individual device. If a visitor accesses more than one of our web properties or apps or uses more than one device or browser, each of those unique property/browser/app/device combinations counts toward the number of UVs. Traffic is defined as the number of visits to Cars.com desktop and mobile properties (responsive sites and mobile apps). The Company measures UVs and Traffic via RudderStack. These metrics do not include traffic to Dealer Inspire, D2C Media, or DealerClub websites.Monthly Average Revenue Per Dealer ("ARPD"). The Company believes that its ability to grow ARPD is an indicator of the value proposition of its platform. The Company defines ARPD as Dealer revenue, excluding digital advertising services and DealerClub, during the period divided by the monthly average number of Dealer Customers during the same period.Dealer Customers. Dealer Customers represent dealerships using the Company's products as of the end of each reporting period. Each physical or virtual dealership location is counted separately, whether it is a single-location proprietorship or part of a large, consolidated dealer group. Multi-franchise dealerships at a single location are counted as one dealer. Dealer Customer metrics do not include DealerClub.Forward-Looking StatementsThis press release contains "forward-looking statements" within the meaning of the federal securities laws. All statements other than statements of historical facts are forward-looking statements. These statements often use words such as "believe," "expect," "project," "anticipate," "outlook," "intend," "strategy," "plan," "estimate," "target," "seek," "will," "may," "would," "should," "could," "forecasts," "mission," "strive," "more," "goal" or similar expressions. Forward-looking statements are based on our current expectations, beliefs, strategies, estimates, projections and assumptions, experience in the industry as well as our perceptions of historical trends, current conditions, expected future developments, and other factors we think are appropriate. Such forward-looking statements are based on estimates and assumptions that, while considered reasonable by Cars Commerce and its management based on their knowledge and understanding of the business and industry, are inherently uncertain. While Cars Commerce and its management make such statements in good faith and believe such judgments are reasonable, you should understand that these statements are not guarantees of future strategic action, performance or results. Our actual results, performance, achievements, strategic actions or prospects could differ materially from those expressed or implied by these forward-looking statements. Given these uncertainties, you should not rely on forward-looking statements in making investment decisions. When we make comparisons of results between current and prior periods, we do not intend to express any future trends, or indications of future performance, unless expressed as such, and you should view such comparisons as historical data. Whether or not any such forward-looking statement is in fact achieved will depend on future events, some of which are beyond our control.Forward-looking statements are subject to a number of risks, uncertainties and other important factors, many of which are beyond our control, that could cause our actual results and strategic actions to differ materially from those expressed in the forward-looking statements contained in this press release. For a detailed discussion of many of these and other risks and uncertainties, see "Part I, Item 1A., Risk Factors" and "Part II, Item 7., Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the Securities and Exchange Commission ("SEC") on February 26, 2026 and our other filings filed with the SEC and available on our website at investor.cars.com or via EDGAR at www.sec.gov.You should evaluate all forward-looking statements made in this press release in the context of these risks and uncertainties. The forward-looking statements contained in this press release are based only on information currently available to us and speak only as of the date of this press release. We undertake no obligation, other than as may be required by law, to update or revise any forward-looking or cautionary statements to reflect changes in assumptions, the occurrence of events, unanticipated or otherwise, or changes in future operating results over time or otherwise. The forward-looking statements in this report are intended to be subject to the safe harbor protection provided by the federal securities laws.Cars Commerce Investor Relations Contact:
Katherine Chen
kchen@carscommerce.inc
408.768.6847Cars Commerce Media Contact:
Marita Thomas
mthomas@carscommerce.inc
312.601.5692Cars.com IncConsolidated Statements of Income(In thousands, except per share data)

(Unaudited)




Three Months Ended December 31,
Year Ended December 31,
2025
2024
2025
2024Revenue:






Dealer$             164,423
$             159,551
$             644,053
$             640,722OEM and National16,209
17,745
65,305
65,894Other3,271
3,135
13,881
12,536Total revenue183,903
180,431
723,239
719,152Operating expenses:






Cost of revenue and operations31,177
31,730
123,328
124,332Product and technology28,671
29,931
117,330
117,875Marketing and sales59,377
54,019
239,365
232,280General and administrative26,474
20,287
91,124
83,985Depreciation and amortization16,466
24,683
91,842
107,182Total operating expenses162,165
160,650
662,989
665,654Operating income21,738
19,781
60,250
53,498Nonoperating expenses:






Interest expense, net(7,439)
(7,739)
(30,382)
(32,197)Other income, net570
8,064
4,438
40,562Total nonoperating (expense) income, net(6,869)
325
(25,944)
8,365Income before income taxes14,869
20,106
34,306
61,863Income tax expense7,471
2,802
14,254
13,675Net income$                 7,398
$               17,304
$               20,052
$               48,188Weighted-average common shares outstanding:






Basic60,258
65,071
62,386
66,006Diluted61,730
66,802
63,264
67,387Net income per share:






Basic$                   0.12
$                   0.27
$                   0.32
$                   0.73Diluted0.12
0.26
0.32
0.72 Cars.com IncConsolidated Balance Sheets(In thousands, except per share data)




December 31, 2025
December 31, 2024Assets:


Current assets:


Cash and cash equivalents$                 56,236
$                 50,673Accounts receivable, net131,945
133,741Prepaid expenses15,491
13,782Other current assets7,920
16,134Total current assets211,592
214,330Property and equipment, net35,223
40,704Goodwill167,207
143,279Intangible assets, net527,082
585,690Deferred tax assets, net88,594
100,530Investments and other assets, net32,720
27,332Total assets$            1,062,418
$            1,111,865Liabilities and stockholders' equity:


Current liabilities:


Accounts payable$                 27,749
$                 33,498Accrued compensation38,074
36,295Other accrued liabilities47,564
47,092Total current liabilities113,387
116,885Noncurrent liabilities:


Long-term debt, net451,516
455,288Deferred tax liabilities, net6,241
6,773Other noncurrent liabilities18,744
21,434Total noncurrent liabilities476,501
483,495Total liabilities589,888
600,380Commitments and contingencies


Stockholders' equity:


Preferred Stock at par, $0.01 par value; 5,000 shares authorized; no shares
   issued and outstanding as of December 31, 2025 and December 31, 2024,
   respectively—
—Common Stock at par, $0.01 par value; 300,000 shares authorized; 58,636
   and 64,391 shares issued and outstanding as of December 31, 2025 and
   December 31, 2024, respectively586
643Additional paid-in capital1,413,994
1,473,986Accumulated deficit(941,494)
(961,546)Accumulated other comprehensive loss(556)
(1,598)Total stockholders' equity472,530
511,485Total liabilities and stockholders' equity$            1,062,418
$            1,111,865 Cars.com IncConsolidated Statements of Cash Flows(In thousands)




Year Ended December 31,
2025
2024Cash flows from operating activities:


Net income$                 20,052
$                 48,188Adjustments to reconcile Net income to Net cash provided by operating activities:


Depreciation29,016
26,677Amortization of intangible assets62,826
80,505Stock-based compensation31,327
30,553Deferred income taxes11,450
11,894Provision for doubtful accounts1,961
3,389Amortization of debt issuance costs1,911
2,249Unrealized (gain) loss on foreign currency denominated transactions(2,081)
3,697Changes in fair value of contingent consideration—
(33,473)Gain on sale of equity investment—
(10,846)Other, net2,354
662Changes in operating assets and liabilities, net of acquisitions:


Accounts receivable601
(12,321)Prepaid expenses and other assets(2,259)
(5,390)Accounts payable(5,685)
11,104Accrued compensation880
5,313Other liabilities(714)
(9,677)Net cash provided by operating activities151,639
152,524Cash flows from investing activities:


     Payments for acquisitions, net of cash acquired(24,769)
(216)     Capitalization of internally developed technology(21,619)
(21,381)     Purchase of property and equipment(4,286)
(3,000)     Proceeds from sale of equity investment9,481
—     Purchase of convertible note receivable(8,206)
—Net cash used in investing activities(49,399)
(24,597)Cash flows from financing activities:


     Proceeds from Revolving Loan borrowings10,000
—     Payments of Revolving Loan borrowings and long-term debt(15,000)
(30,000)     Payments for stock-based compensation plans, net(4,715)
(7,475)     Repurchases of common stock(86,907)
(49,179)     Payments of contingent consideration—
(27,435)     Payments of debt issuance costs and other fees—
(1,869)Net cash used in financing activities(96,622)
(115,958)Effect of exchange rate changes on Cash and cash equivalents(55)
(494)Net increase in Cash and cash equivalents5,563
11,475Cash and cash equivalents at beginning of period50,673
39,198Cash and cash equivalents at end of period$                 56,236
$                 50,673Supplemental cash flow information:


Cash paid for income taxes$                   2,568
$                   6,487Cash paid for interest29,955
32,525 Cars.com IncNon-GAAP Reconciliations(In thousands, except per share data)(Unaudited)







Reconciliation of Net income to Adjusted EBITDA








Three Months Ended December 31,
Year Ended December 31,
2025
2024
2025
2024Net income$                   7,398
$                  17,304
$                  20,052
$                 48,188Interest expense, net7,439
7,739
30,382
32,197Income tax expense7,471
2,802
14,254
13,675Depreciation and amortization16,466
24,683
91,842
107,182Stock-based compensation, including related payroll tax expense9,189
7,166
32,351
32,373Transaction-related and other one-time items7,501
(6,989)
24,110
(27,644)Non-operating foreign exchange (gain) loss(568)
2,783
(1,845)
3,746Adjusted EBITDA$                 54,896
$                  55,488
$                211,146
$               209,717















Reconciliation of Net income to Adjusted Net income








Three Months Ended December 31,
Year Ended December 31,
2025
2024
2025
2024Net income$                   7,398
$                  17,304
$                  20,052
$                 48,188Stock-based compensation, including related payroll tax expense9,189
7,166
32,351
32,373Amortization of intangible assets10,527
17,312
62,826
80,505Transaction-related items2,569
2,744
11,099
(21,722)Non-operating foreign exchange (gain) loss(568)
2,783
(1,845)
3,746Other one-time items4,932
(9,733)
13,011
(5,922)Income tax impact of adjustments(6,662)
(5,068)
(29,360)
(22,245)Adjusted net income$                 27,385
$                  32,508
$                108,134
$               114,923







Adjusted net income per share, diluted$                     0.44
$                      0.49
$                      1.71
$                     1.71Weighted-average common shares outstanding, diluted61,730
66,802
63,264
67,387















Reconciliation of Net cash provided by operating activities to Free cash flow








Three Months Ended December 31,
Year Ended December 31,
2025
2024
2025
2024Net cash provided by operating activities$                 37,118
$                  30,007
$                151,639
$               152,524Capitalization of internally developed technology(5,488)
(4,611)
(21,619)
(21,381)Purchase of property and equipment(385)
(954)
(4,286)
(3,000)Free cash flow$                 31,245
$                  24,442
$                125,734
$               128,143















Reconciliation of Operating expenses to Adjusted operating expenses for the Three Months Ended December 31, 2025:








As Reported
Adjustments (1)
Stock-Based
Compensation
As AdjustedCost of revenue and operations$                 31,177
$                         —
$                     (223)
$                 30,954Product and technology28,671
(233)
(1,705)
26,733Marketing and sales59,377
(1,052)
(967)
57,358General and administrative26,474
(6,216)
(6,294)
13,964Depreciation and amortization16,466
—
—
16,466Total operating expenses$               162,165
$                  (7,501)
$                  (9,189)
$               145,475







Total nonoperating expense, net$                 (6,869)
$                     (568)
$                         —
$                 (7,437)







(1) Includes transaction related items, unrealized gains and losses on foreign currency denominated transactions, severance, transformation and other exit
costs, and write-off of long-lived assets and other















Reconciliation of Operating expenses to Adjusted operating expenses for the Three Months Ended December 31, 2024:








As Reported (1)
Adjustments (1)(2)
Stock-Based
Compensation
As AdjustedCost of revenue and operations$                 31,730
$                         —
$                     (149)
$                 31,581Product and technology29,931
(891)
(2,642)
26,398Marketing and sales54,019
(224)
(1,360)
52,435General and administrative20,287
(2,742)
(3,015)
14,530Depreciation and amortization24,683
—
—
24,683Total operating expenses$               160,650
$                  (3,857)
$                  (7,166)
$               149,627







Total nonoperating income (expense), net$                      325
$                  (8,063)
$                         —
$                 (7,738)







(1) Certain prior year balances have been reclassified to conform to the current year presentation







(2) Includes transaction related items, unrealized gains and losses on foreign currency denominated transactions, severance, transformation and other exit
costs, and write-off of long-lived assets and other















Reconciliation of Operating expenses to Adjusted operating expenses for the Year Ended December 31, 2025:








As Reported
Adjustments (1)
Stock-Based
Compensation
As AdjustedCost of revenue and operations$               123,328
$                     (602)
$                     (848)
$               121,878Product and technology117,330
(4,200)
(8,999)
104,131Marketing and sales239,365
(3,850)
(6,230)
229,285General and administrative91,124
(18,051)
(16,274)
56,799Depreciation and amortization91,842
—
—
91,842Total operating expenses$               662,989
$                (26,703)
$                (32,351)
$               603,935







Total nonoperating expense, net$               (25,944)
$                  (4,438)
$                         —
$               (30,382)







(1) Includes transaction related items, unrealized gain/loss on foreign currency denominated transactions, severance, transformation and other exit costs, and
write-off of long-lived assets and other















Reconciliation of Operating expenses to Adjusted operating expenses for the Year Ended December 31, 2024:








As Reported (1)
Adjustments (1)(2)
Stock-Based
Compensation
As AdjustedCost of revenue and operations$               124,332
$                         —
$                     (922)
$               123,410Product and technology117,875
(3,944)
(11,388)
102,543Marketing and sales232,280
(951)
(5,722)
225,607General and administrative83,985
(11,768)
(14,341)
57,876Depreciation and amortization107,182
—
—
107,182Total operating expenses$               665,654
$                (16,663)
$                (32,373)
$               616,618







Total nonoperating income (expense), net$                   8,365
$                (40,561)
$                         —
$               (32,196)







(1) Certain prior year balances have been reclassified to conform to the current year presentation







(2) Includes transaction related items, unrealized gains and losses on foreign currency denominated transactions, severance, transformation and other exit
costs, and write-off of long-lived assets and other 



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Original: Cars.com Reports Fourth Quarter and Full Year 2025 Results

Cars.com to Announce Fourth Quarter and Full Year 2025 Financial ResultsFebruary 12, 2026 4:30 PM
PR Newswire (US)

CHICAGO, Feb. 12, 2026 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS), an audience-driven technology company empowering the automotive industry, today announced that it expects to report its financial results for the fourth quarter and full year ended December 31, 2025, on Thursday, February 26, 2026. The Company will host a conference call with a live webcast at 8:00 a.m. CT/9:00 a.m. ET on the same day to discuss the results.







The conference call will be hosted by Chief Executive Officer, Tobias Hartmann and Chief Financial Officer, Sonia Jain.Those interested are invited to listen to the live webcast online at investor.cars.com. A webcast replay will be available shortly afterwards by visiting Events on the Investor Relations website.ABOUT CARS.COM INC.Cars.com Inc. (NYSE:CARS) is a trusted audience-powered and data-driven technology platform that simplifies buying and selling cars. The flagship Cars.com marketplace connects on average over 25 million consumers a month to dealerships across the U.S., powering the car buying experience with AI shopping tools, comprehensive vehicle reviews and content, and personalized market insights. Our interconnected eco-system of products enables dealers and OEMs to sell more cars by efficiently leveraging our marketplace, dealer websites, trade and appraisal tools, wholesale and proprietary in-market media solutions.



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Original: Cars.com to Announce Fourth Quarter and Full Year 2025 Financial Results

Best of 2026: Cars.com Names Nissan Leaf Top Vehicle of the YearFebruary 5, 2026 7:30 AM
PR Newswire (US)

Nissan Takes Two Spots While Ram Goes Back-to-Back Years as Best Truck in Cars.com Best Of AwardsCHICAGO, Feb. 5, 2026 /PRNewswire/ -- Car-shopping marketplace Cars.com Inc., (NYSE: CARS) today announced the winners of its annual Best Of Awards, recognizing the top-rated 2026 vehicles across six categories. As shoppers navigate elevated vehicle prices, evolving electric-vehicle incentives and tighter used-car supply, this year's winners chosen by Cars.com's trusted experts stand out for delivering real-world value, usability and innovation.







View the full list of Best Of Awards and all Cars.com top vehicle picks at Cars.com/Awards. "Each year, Cars.com editors carefully evaluate all new and redesigned vehicles to see how they measure up — our Best Of winners are those that truly exceed expectations," said Mike Hanley, Cars.com senior road test editor. "Case in point, the Nissan Leaf is perhaps a surprising choice as the EV market recalibrates following the sunsetting of federal tax credits, but at a time when many shoppers assume affordable EVs are out of reach, the redesigned Leaf proves value, innovation and everyday usability can still coexist."The 2026 Best Of winners reflect how car shoppers are becoming more selective as affordability remains top of mind and fewer budget-friendly used options are available. Across categories, this year's winners stand out for delivering long-term value without forcing major trade-offs in safety, space or usability.Cars.com's 2026 Best Of Award winners are:Best Car: 2026 Nissan Leaf. Starting at $31,485, it delivers up to an EPA-estimated 303 miles of range, strong efficiency and flexible charging, including access to Tesla's Supercharger network. Intuitive tech, composed driving dynamics and generous standard features reinforce its value-forward appeal.Best SUV: 2026 Nissan Armada. A versatile lineup, strong twin-turbo V-6 power, up to 8,500 pounds of towing capacity and genuine three-row comfort make the Armada a compelling choice for large-SUV shoppers.Best Family Car: 2026 Hyundai Santa Fe, Santa Fe Hybrid. The "tweener" SUV offers three-row seating, easy access, flexible cargo space and an available hybrid drivetrain, all without the bulk or driving compromises of larger three-row vehicles.Best Pickup Truck: 2026 Ram 1500. From work-ready trims to luxury models — plus the return of the Hemi V-8 — the Ram 1500 delivers confident capability alongside class-leading comfort.Best EV: 2026 Kia EV9. With up to 305 miles of range, access to Tesla Superchargers and excellent family-friendly versatility, it addresses many of the common barriers to EV ownership.Best Luxury Vehicle: 2026 Cadillac Escalade IQ. This Cadillac redefines electric luxury with bold design; a technology-rich cabin; an estimated 465 miles of range; and refined, surprisingly agile driving dynamics.Award MethodologyCars.com's top Best Car of the Year award was selected from a pool of over 40 all-new or redesigned models. When determining the Best Car of the Year award winner, Cars.com editors consider three key criteria: quality, innovation and value. The remaining five awards — Best Pickup Truck, Best Electric Vehicle, Best SUV, Best Luxury Car and Best Family Car — have their own watchwords and are open to all model-year 2026 vehicles of the respective category.To find out more about the 2026 Nissan Leaf, why it's named Cars.com's Best Car of 2026 and to see more on the other award winners, visit Cars.com/Awards.ABOUT CARS.COM®Cars.com is the No. 1 most recognized automotive marketplace visited by nearly 25 million in-market consumers each month. Launched in 1998 and headquartered in Chicago, Cars.com empowers shoppers with the data, resources and digital tools needed to make informed buying decisions and seamlessly connect with automotive retailers. Cars.com is the flagship offering from Cars.com Inc. d/b/a Cars Commerce Inc., an audience-driven technology company empowering automotive that simplifies everything about buying and selling cars. Learn more at www.carscommerce.inc.










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Original: Best of 2026: Cars.com Names Nissan Leaf Top Vehicle of the Year

Cars Commerce and Del Grande Dealer Group Unveil New Solution for Dealers Built on Salesforce's Agentforce Automotive CRMFebruary 4, 2026 5:00 PM
PR Newswire (US)

DealerCloud LLC Delivers Powerful AI and Unified Data to Drive Efficiencies in a Secure and Scalable System for DealersLAS VEGAS, Feb. 4, 2026 /PRNewswire/ -- Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), an audience-driven technology company empowering the automotive industry, today shared details of a new collaboration with the Del Grande Dealer Group (DGDG) and Salesforce on a new automotive CRM. DealerCloud LLC is one of the first CRMs built on Agentforce Automotive, which provides industry-specific tools for automotive retailers and is powered by Agentforce 360 with established infrastructure, data models, AI and security in place. DealerCloud LLC, developed and incubated by DGDG, was designed to address the long-standing inefficiencies and limitations of current auto retail CRMs.







DealerCloud LLC offers a modern, intuitive and highly effective solution that results in stronger sales performance: Initial tests of the software across DGDG's 15 dealerships resulted in a 30%-40% shorter sales cycle on average and a 30% lift in close rate for internet leads. Cars Commerce will launch a pilot program with select dealers and expand at the National Automobile Dealers Association (NADA) Show in Las Vegas (Feb. 4-6, 2026).  "We are excited to partner with DGDG and Salesforce to solve the core industry issues of customer data integrity, system fragmentation and marketing attribution. Establishing connective tissue between our offerings and DealerCloud LLC can move our industry forward in a meaningful way," said Julien Schneider, chief strategy officer, Cars Commerce. "This aligns with our mission to simplify everything about buying and selling cars and delivering solutions that provide clear, undisputable value while helping to reduce overall complexity for dealers and the auto industry.""With Agentforce Automotive at its core, DealerCloud LLC is enabling dealerships to operate as true agentic enterprises — unifying OEMs, retailers and buyers to deliver modern, intelligent sales experiences while their people, data and systems are connected with AI agents to streamline operations and unlock new revenue opportunities, all from a single platform," said Achyut Jajoo, SVP and GM of Automotive, Manufacturing and Consumer Goods at Salesforce."At DGDG, we've always been known in the industry for driving modernization through technology," said Jeremy Beaver, CEO at Del Grande Dealer Group. "Partnering with Cars Commerce and Salesforce unlocks a new level of technical and operational excellence for all dealerships — finally giving our industry access to the same enterprise-grade tools that have scaled businesses across other sectors for years. This partnership enables us to modernize operations while driving performance and efficiency through proven technology."DealerCloud LLC offers a modern communication tech stack with unified data, creating a single, complete view of the customer from all touch points. This empowers dealers with actionable insights to speed operations through AI and automation, drive revenue and deliver an unmatched customer experience. Smart, intuitive and easy to use, DealerCloud LLC makes onboarding and implementation seamless. Initial testing resulted in less manual sales steps for dealership staff and streamlined new-hire onboarding, with 38% more sales for new hires."This partnership marks a turning point for automotive retail and exemplifies how Salesforce empowers ISVs to build industry-defining solutions on a foundation of trust and scale. By building DealerCloud LLC on Agentforce Automotive, DGDG is leveraging the full power of Salesforce's global infrastructure, unified data models and agentic AI to deliver a truly modern experience for the automotive industry," said Brian Landsman, CEO of AppExchange and Global Partnerships at Salesforce.Join Julien Schneider, Cars Commerce chief strategy officer, Jeremy Beaver, CEO of DGDG, and Connor Marsden, president of sales for Salesforce, at NADA 2026 to learn more about how DealerCloud LLC, built on Agentforce Automotive, delivers the agentic enterprise to automotive dealerships.More Information
For those interested in participating in the pilot and for more information about DealerCloud LLC, please visit the Cars Commerce NADA booth #3723W or visit www.dealercloud.com.About Cars Commerce
Cars Commerce is an audience-driven technology company empowering the automotive industry. The Company simplifies everything about car buying and selling with powerful products, solutions and AI-driven technologies that span pretail, retail and post-sale activities — enabling more efficient and profitable retail operations. The Cars Commerce platform is organized around industry-leading brands: the flagship automotive marketplace and review site Cars.com, digital retail technology and marketing services from Dealer Inspire, essential trade-in and appraisal technology from AccuTrade, a reputation-based dealer-to-dealer wholesale auction from DealerClub and exclusive in-market media solutions from the Cars Commerce Media Network. Learn more at www.carscommerce.inc.



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Original: Cars Commerce and Del Grande Dealer Group Unveil New Solution for Dealers Built on Salesforce's Agentforce Automotive CRM

AccuTrade Launches a Single Solution for Smarter Appraisals and Inventory ManagementFebruary 2, 2026 7:30 AM
PR Newswire (US)

New AccuTrade IMS Available at NADA 2026 Delivers Accurate Appraisals, Optimized Inventory Turn and Maximized Front-end Gross Profit on Every VINCHICAGO, Feb. 2, 2026 /PRNewswire/ -- AccuTrade®, a solution from Cars.com Inc. (NYSE: CARS) (d/b/a "Cars Commerce Inc."), has unveiled new technology built to maximize gross profit in the used-car business. The new AccuTrade Inventory Management System (IMS) gives dealers instant online visibility and offers the fastest path to profit from acquisition to retail or wholesale by combining precise appraisals, VIN-level risk scoring and end-to-end integration with Cars.com, Dealer Inspire and DealerClub. AccuTrade IMS, along with several other new technology additions, will be available at the National Automobile Dealers Association Show (NADA) Feb. 4-6 in Las Vegas.







"Used-car profitability is a huge opportunity in 2026, and AccuTrade is built to help dealers capture it," said Joe Oliveri, senior director of product for AccuTrade. "We equip dealers with proprietary data and essential appraisal and valuation tools, then meet them when they're ready to scale with one connected inventory management platform that enables smarter pricing and seamless retail or wholesale decisions. The goal is simple: profitable exits, every time."AccuTrade IMS enables a fully connected acquisition-to-retail (or wholesale) journey and is focused on VIN-level risk, profit forecasting and integrated acquisition ecosystems to help dealers evolve beyond turn-based thinking.Highlights of the new technology include:Unmatched precision. With one of the most precise appraisal engines in the industry, AccuTrade IMS delivers VIN-specific deductions with no manual guessing, real-time competitive data and adjusted daily values.Risk-based inventory management. The tool evaluates every vehicle by risk, not age. The proprietary intelligence score includes traits such as vehicle pedigree, dealer fit, market fit, projected days on market and daily depreciation — all of which help dealers avoid the race to the bottom. It also turns 20-minute merchandising chores into 45-second wins with AI-generated seller notes.Profit forecasting and exit strategy. AccuTrade displays retail versus wholesale profit predictions at the VIN-level and offers instant liquidation options through integrations with DealerClub's dealer-to-dealer wholesale network or AccuTrade's Instant Offer feature on Cars.com. This data helps dealers make the most profitable exit strategy for every VIN.Single-platform solution. AccuTrade IMS stands out through its connected workflow across the Cars Commerce ecosystem. Dealers are able to appraise, price, merchandise, syndicate with real-time sync, and retail or wholesale vehicles on one connected system, maximizing efficiency.Built-in accountability across appraisers. AccuTrade IMS delivers appraisal efficiency reporting, insights into the profit funnel and transparency on capture rates, gross profit and decision quality, ensuring dealerships can measure effectiveness throughout the process.Building on AccuTrade's core appraisal and valuation tools, the company has added more features and deeper value to the product over the past year, such as AI-powered vehicle descriptions, driveway and service drive appraisals, online chat, Universal Condition Reports, real-time inventory updates to Cars.com, DMS integration and more. As part of the solution's new Service Drive feature, automated SMS texting will soon be available to capture more acquisitions from the service lane. To learn more about AccuTrade's new technology and tiered product structure, visit the Cars Commerce booth #3723W at the NADA Show Feb. 4-6 in Las Vegas. Visitors can also participate in the DealerClub Live No-Reserve Auction in the booth Feb. 4 from 1-5 p.m. and the DealerClub Pricing Game Feb. 5 from 1-5 p.m. local time. For more information, visit www.carscommerce.inc.   About Cars CommerceCars Commerce is an audience-driven technology company empowering the automotive industry. The Company simplifies everything about car buying and selling with powerful products, solutions and AI-driven technologies that span pretail, retail and post-sale activities — enabling more efficient and profitable retail operations. The Cars Commerce platform is organized around industry-leading brands: the flagship automotive marketplace and review site Cars.com, digital retail technology and marketing services from Dealer Inspire, essential trade-in and appraisal technology from AccuTrade, a reputation-based dealer-to-dealer wholesale auction from DealerClub and exclusive in-market media solutions from the Cars Commerce Media Network. Learn more at www.carscommerce.inc.










View original content to download multimedia:https://www.prnewswire.com/news-releases/accutrade-launches-a-single-solution-for-smarter-appraisals-and-inventory-management-302675475.htmlSOURCE Cars.com Inc.

Original: AccuTrade Launches a Single Solution for Smarter Appraisals and Inventory Management

CARS, new 52 week low

CARS new 52 week high

CARS new 52 week high

CARS new 52 week high

Looking interesting

to bad cars are so bad its not going back to 30

yep, its about time it jumped

* * $CARS Video Chart 10-15-2020 * *

Link to Video - click here to watch the technical chart video

YAY

$CARS | #Cars.Com Parked on Support



After huge move post earnings , the stock has consolidated and possibly found support
on the 200ma and horizontal support.
Will be looking for potential bounce to the $10.00 region where the Fibonacci GP has held as resistance previously.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.

seems to keep going up from my 6.04

* * $CARS Video Chart 06-03-2020 * *

Link to Video - click here to watch the technical chart video

go baby go

Lets see what happens here