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Cars.com Inc. CARS Provision for Credit Losses

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Other financials

Income statement

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Revenue$180.2M+0.7%
Operating income$16.6M+157%
Net income$5.0M+347%
EPS (diluted)$0.08+367%

Balance sheet

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Cash & equivalents$64.6M+105%
Total debt$451.8M-0.8%
Total equity$460.7M-6.0%
Total assets$1.1B-2.8%

Cash flow

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Operating cash flow$39.8M+35.1%
CapEx$262.0K-67.7%
Free cash flow$39.5M+38.1%

Valuation

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Market cap$567.97M-19.3%
Enterprise value$955.2M-15.3%
P/E21×+5.5×
P/S0.8×-0.2×

Profitability

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Gross margin84.2%
Operating margin9.7%+3.1pp
Net margin3.7%-2.6pp
FCF margin21.8%+1.6pp

Returns & leverage

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Return on equity5.7%-3.7pp
Debt / equity+0.1×
Current ratio1.9×+0.2×

Where this comes from

Reported directly by Cars.com Inc. in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.

The official record: Cars.com Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cars.com Inc.'s provision for credit losses?
Cars.com Inc. (CARS) reported provision for credit losses of $607K in Q1 2026.
How has Cars.com Inc.'s provision for credit losses changed year-over-year?
Cars.com Inc.'s provision for credit losses increased by 69.1% year-over-year, from $359K to $607K.
What is the long-term trend for Cars.com Inc.'s provision for credit losses?
Over 3 years (2022 to 2025), Cars.com Inc.'s provision for credit losses has grown at a 1.3% compound annual growth rate (CAGR), from $1.89M to $1.96M.
What does provision for credit losses mean?
Non-cash provision for expected loan losses, added back in operating cash flow since it's a reserve build, not a cash payment.