Cars.com (NYSE:CARS) reported fourth-quarter financial results that surpassed Wall Street’s top-line expectations, driven by sustained dealer subscription growth and the expansion of its digital automotive platform.
The Chicago-based marketplace posted a fourth-quarter net income of $7.4 million, or 12 cents per share.
On an adjusted basis, which accounts for one-time costs and non-cash items, the company earned 44 cents per share.
Total revenue for the period reached $183.9 million, edging past the $183.3 million consensus estimate from analysts surveyed by Zacks Investment Research.
The quarterly performance reflects the company's successful push to upsell its "Cars Commerce" suite of tools, which includes media, website, and fintech solutions, to its national network of automotive dealers.
For the full fiscal year 2025, Cars.com reported total revenue of $723.2 million.
The company's annual profit stood at $20.1 million, or 32 cents per share.
While the company continues to generate significant cash flow from its core listing business, bottom-line results for the year were influenced by ongoing investments in high-growth areas such as its Accu-Trade appraisal technology and the integration of recent acquisitions.