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How Cars.com (CARS) makes money

Cars.com (CARS) made $182M of revenue in the third quarter 2026 (Q3 2026), +0.2% from a year earlier. Of every dollar of revenue, 16¢ was left as operating profit, 9¢ was left as net earnings.

Drawing the Sankey…

Cars.com revenue by quarterCars.com revenue by quarter$179MQ1 2025$179MQ2 2025$182MQ3 2025$184MQ4 2025$180MQ1 2026$180MQ2 2026$182MQ3 2026
Cars.com: where each dollar of revenue goesCars.com: where each dollar of revenue goesOperating profit16¢Income tax3¢Net earnings9¢Operating cash flow32¢Free cash flow30¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$182M100.0%
Operating profit$28.9M15.9%
Income tax$5.1M2.8%
Net earnings$16.3M9.0%
Operating cash flow$59.0M32.5%
Free cash flow$53.8M29.6%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$182M+0.2%
Q2 2026$180M+0.7%
Q1 2026$180M+0.7%
Q4 2025$184M+2%
Q3 2025$182M+1%
Q2 2025$179M-0.1%
Q1 2025$179M-0.6%

From Cars.com's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Cars.com make money?

Cars.com (CARS) made $182M of revenue in the third quarter 2026 (Q3 2026), +0.2% from a year earlier. Of every dollar of revenue, 16¢ was left as operating profit, 9¢ was left as net earnings.

What is Cars.com's profit margin?

Net earnings were $16.3M, 9.0% of revenue, in the third quarter 2026; the operating margin was 15.9%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.