Cars.com (CARS) Cost of Revenue (2016 - 2023)

Cars.com (CARS) has reported Cost of Revenue for 8 consecutive years, with $9.7 million the latest figure, recorded in Q4 2023.

• In Q4 2023, Cost of Revenue fell 31.52% year-over-year to $9.7 million; the TTM figure through Dec 2023 stood at $84.0 million (up 5.07% YoY), while the FY2024 annual figure was $86.5 million, up 2.95% from the prior year.
• Cost of Revenue slipped to $9.7 million in Q4 2023 per CARS's latest filing, from $25.3 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $25.3 million in Q3 2023 and bottomed at $9.7 million in Q4 2023.
• Historically, Cost of Revenue has averaged $18.7 million across 5 years, with a median of $18.9 million in 2020.
• Annual changes were most pronounced in 2020 — Cost of Revenue tumbled 50.53% — and 2021, when it surged 61.53%.
• Cars.com's Cost of Revenue stood at $14.7 million in 2019, then climbed by 24.24% to $18.3 million in 2020, then climbed by 14.67% to $21.0 million in 2021, then tumbled by 32.73% to $14.1 million in 2022, then slumped by 31.52% to $9.7 million in 2023.
• Business Quant data shows CARS's Cost of Revenue at $9.7 million in Q4 2023, $25.3 million in Q3 2023, and $25.0 million in Q2 2023.