CARS Q2 2024 Earnings — Cars.com Inc. Revenue & Financial Results | Market Cap Arena

CARSCars.com Inc.

$476M

Q2 2024 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$179M+6.4% YoY

Gross Profit

$203M113.7% margin

Operating Income

$10M5.3% margin

Net Income

$11M6.4% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

-0.7%

Cash Flow

Operating Cash Flow

$35M

Free Cash Flow

$29M

Stock-Based Comp.

$8M

Balance Sheet

Total Assets

$1.1B

Total Liabilities

$624M

Stockholders' Equity

$497M

Cash & Equivalents

$29M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$179M	$168M	+6.4%
Gross Profit	$203M	$138M	+47.6%
Operating Income	$10M	$12M	-22.8%
Net Income	$11M	$94M	-87.9%