)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Cars.com (CARS) investor relations material
Cars.com Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary6 Nov, 2025
Executive summary
Achieved record Q3 2025 revenue of $181.6 million, up 1% year-over-year, driven by Marketplace, dealer revenue growth, and increased adoption of premium packages and AI-powered innovations.
Dealer count grew for the third consecutive quarter to 19,526, the highest since late 2022, with average monthly unique visitors up 4% year-over-year to 25.5 million.
Net income for Q3 was $7.7 million ($0.12/share), down 59% from the prior year, mainly due to changes in fair value of contingent consideration and higher admin costs.
Adjusted EBITDA reached $55 million (30.1% margin), up 7% year-over-year, with adjusted net income of $30.4 million ($0.48/share).
Share repurchases totaled $64 million year-to-date, with a target of $70–$90 million for FY25 and 5.2 million shares repurchased.
Financial highlights
Dealer revenue increased 2% year-over-year; OEM and National revenue declined 5% due to lower OEM media spend.
Adjusted EBITDA margin was 30.1%, up 160 basis points year-over-year.
Free cash flow for the nine months ended September 30, 2025, was $94.5 million; net cash from operations was $114.5 million.
Operating income for Q3 2025 was $16.8 million, up 47% year-over-year.
Total liquidity stood at $350.1 million, including $55.1 million in cash and $295 million in revolver capacity.
Outlook and guidance
Reaffirmed low single-digit revenue growth for the second half of 2025 and full-year Adjusted EBITDA margin guidance of 29%–31%.
Share repurchase target for FY25 set at $70–$90 million.
Customer spending on media and advertising remains sensitive to vehicle production and inventory volatility.
Management expects the One Big Beautiful Bill Act to have no material impact on the 2025 effective tax rate.
Liquidity is expected to be sufficient for the next twelve months and beyond.
Carson's impact on consumer engagement metrics?
OEM revenue recovery timeline?
ARPD growth drivers and expected timeline?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Cars.com earnings date
Q4 202526 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Cars.com Inc operates an online automotive marketplace connecting car buyers with sellers. It offers listings, dealer reviews, pricing tools, and digital marketing services for auto dealers. The company is headquartered in Chicago, Illinois, and its shares are listed on the NYSE.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage