Cars.com (CARS) Gross Profit (2016 - 2023)

Cars.com (CARS) has reported Gross Profit for 8 consecutive years, with $169.9 million the latest figure, recorded in Q4 2023.

• In Q4 2023, Gross Profit rose 10.29% year-over-year to $169.9 million; the TTM figure through Dec 2023 stood at $605.2 million (up 5.45% YoY), while the FY2024 annual figure was $632.6 million, up 4.54% from the prior year.
• Gross Profit advanced to $169.9 million in Q4 2023 per CARS's latest filing, from $149.0 million in the prior quarter.
• Across five years, Gross Profit topped out at $169.9 million in Q4 2023 and bottomed at $90.0 million in Q2 2020.
• Historically, Gross Profit has averaged $137.4 million across 5 years, with a median of $137.0 million in 2019.
• Annual changes were most pronounced in 2020 — Gross Profit decreased 27.37% — and 2021, when it soared 51.25%.
• Cars.com's Gross Profit stood at $137.5 million in 2019, then retreated by 2.0% to $134.7 million in 2020, then increased by 1.94% to $137.3 million in 2021, then gained by 12.21% to $154.1 million in 2022, then climbed by 10.29% to $169.9 million in 2023.
• Business Quant data shows CARS's Gross Profit at $169.9 million in Q4 2023, $149.0 million in Q3 2023, and $143.2 million in Q2 2023.