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Cars.com (CARS) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 7, 2026

Cars.com (CARS) reported revenue of $180M for the first quarter 2026 (Q1 2026), +0.7% from a year earlier and -2% from the quarter before. Operating margin was 9.2%, net earnings $5.0M (2.8% of revenue).

Revenue$180M
Year over year+0.7%
Quarter over quarter-2%
Operating margin9.2%
Net earnings$5.0M

Cars.com, Q1 2026: revenue $180M (+0.7% year over year), operating margin 9.2%, net earnings $5.0M, operating cash flow $39.8M. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$180M-2%+0.7%
Operating profit$16.6M-23%+157%
Net earnings$5.0M-33%—
Operating cash flow$39.8M+7%+35%
Free cash flow$33.5M—+42%

What changed

Revenue was $180.2M in Q1 2026, up 1% year over year and down 2% from the previous quarter.

Operating profit was $16.6M, a 9.2% margin (up 5.6 points year over year). Of the extra revenue versus Q1 2025, 848% reached operating profit, above the 4% margin then. Total costs fell 5% while revenue rose 1%. Net earnings were $5.0M. The effective tax rate was 42.9%.

Operating cash flow was $39.8M (up 35% year over year), 800% of net earnings. Non-cash charges added back $16.7M of depreciation and amortization and $8.6M of share-based compensation. Working capital and other items added $9.5M. After capitalization of internally developed technology ($6.0M) and purchase of property and equipment ($262K), free cash flow as the company reports it was $33.5M.

Questions

What was Cars.com's revenue in the first quarter 2026?

Cars.com (CARS) reported revenue of $180M for the first quarter 2026 (Q1 2026), +0.7% from a year earlier and -2% from the quarter before.

Was Cars.com profitable in the first quarter 2026?

Operating profit was $16.6M (9.2% of revenue) and net earnings $5.0M.

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Source: Cars.com 10-Q on SEC EDGAR.