Cars.com (CARS) Gross Margin (2016 - 2026)
Cars.com (CARS) reported Gross Margin of 65.7% for Q1 2026, up 63.0% year-over-year from 40.31% in Q1 2025, and down 0.85% quarter-over-quarter from 66.26% in Q4 2025.
Cars.com (CARS) Gross Margin (2016 - 2026) Analysis & Trends
Cars.com (CARS) has 11 years of Gross Margin data on file, last reported at 65.7% in Q1 2026.
- Gross Margin for Q1 2026 came in at 65.7%, up 63.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 66.74% (down 44.0% YoY), and the FY2025 annual result was 66.9%, down 80.0% from the prior year.
- Gross Margin fell to 65.7% in Q1 2026 per CARS's latest filing, from 66.26% in the prior quarter.
- Over five years, Gross Margin peaked at 168.33% in Q4 2022 and troughed at 65.07% in Q1 2025.
- A 5-year average of 74.91% and a median of 67.16% in 2024 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin surged 16435 bps in 2022, then slumped 10184 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 168.33% in 2022, then plunged by 60 bps to 66.49% in 2023, then rose by 5 bps to 69.73% in 2024, then dropped by 5 bps to 66.26% in 2025, then fell by 1 bps to 65.7% in 2026.
- Business Quant data shows CARS's Gross Margin at 65.7% in Q1 2026, 66.26% in Q4 2025, and 67.32% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 73.98% |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 93.08% |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 81.85% |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 32.98% |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 77.17% | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 76.32% | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | 85.23% |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 84.37% |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 73.31% |
| 10 | Cars.com | 542.73 Mn | 478.13 Mn | 118.41 Mn | 65.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 65.70% |
| Dec 31, 2025 | 66.26% |
| Sep 30, 2025 | 67.32% |
| Jun 30, 2025 | 67.69% |
| Mar 31, 2025 | 65.07% |
| Dec 31, 2024 | 69.73% |
| Sep 30, 2024 | 67.55% |
| Jun 30, 2024 | 66.34% |
| Mar 31, 2024 | 67.16% |
| Dec 31, 2023 | 66.49% |
| Sep 30, 2023 | 65.48% |
| Jun 30, 2023 | 65.42% |
| Mar 31, 2023 | 65.11% |
| Dec 31, 2022 | 168.33% |
| Sep 30, 2022 | 67.43% |
| Jun 30, 2022 | 85.81% |
| Mar 31, 2022 | 86.53% |
| Dec 31, 2021 | 3.98% |
| Sep 30, 2021 | 87.14% |
| Jun 30, 2021 | 87.50% |