Cars.com Q3 net income more than doubles year-over-year to $16.34 million; Q3 revenue rises year-over-year to $181.88 million
Bitget2026/11/05 12:41- Cars.com’s third-quarter net income more than doubled year-over-year to $16.34 million, primarily due to higher operating income.
- Revenue rose year-over-year to $181.88 million, while operating expenses fell 7% to $153 million.
- The new self-service Marketplace Starter offering attracted nearly 400 independent dealers during the quarter.
- Full-year 2026 guidance remains unchanged, with revenue expected to be flat to up 2% year-over-year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Asia-Pacific stock markets follow the overnight rally in US tech stocks, with South Korea's KOSPI up 5% at the open, SK Hynix surging more than 7%, and Nikkei 225 rising over 2%.
This round of rebound occurred after the market experienced severe turbulence. Last week, concerns over the potential for stricter regulation of the artificial intelligence industry, due to the US Congressional election results, triggered a large-scale sell-off in chip stocks. Several market participants believe that this rebound indicates investors have not abandoned the AI trading narrative, and last week’s sell-off was more about position adjustments rather than a trend reversal.
Barrick’s Marquee gold project faces hazy study timing
Japanese and South Korean stock markets open

Marvell Technology (MRVL.US) $115 billion "merger of the century" faces lukewarm reception! Stock has dropped over 40%, experts estimate only a 50% chance of completion
Marvell plans to acquire Lamington for 115 billions USD to strengthen its position in AI, but the probability of completion is only 50%. The two stocks have dropped by nearly 40% and about 35% respectively, with Chinese regulatory approval being the biggest uncertainty.