Cars.com Q2 FY26 net income more than doubled to $14.3 million; revenue rises 1% year-over-year to $179.9 million
CARS•Outlook for Q3
Cars.com said it expects third-quarter revenue to be flat to up 2% year-over-year.
The company targets an adjusted EBITDA margin of 28.5% to 29.5%.
Q2 FY26 results
Cars.com said second-quarter fiscal 2026 revenue rose 1% year-over-year to $179.9 million.
GAAP net income more than doubled to $14.3 million, and diluted earnings per share climbed to $0.25.
Non-GAAP adjusted EBITDA increased 4% to $53.0 million, and the margin widened 0.9 percentage points to 29.4%.
Segment performance
OEM and National revenue fell 18% to $13.6 million.
Dealer revenue grew 3% to $163.3 million.
