Cars.com (CARS) Shares Outstanding (Diluted) (2016 - 2026)
Cars.com (CARS) recorded Shares Outstanding (Diluted) of 56.65 million in Q2 2026, down 11.3% from 63.84 million a year earlier and down 4.9% from the prior quarter.
Cars.com (CARS) Shares Outstanding (Diluted) (2016 - 2026) Analysis & Trends
For FY2025, Cars.com reported Shares Outstanding (Diluted) of 63.26 million, down 6.1% from FY2024.
- Annual Shares Outstanding (Diluted) has declined for four straight years, with a five-year compound annual growth rate of -1.2% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 67.39 million in FY2024 (-1.2%), 68.23 million in FY2023 (-2.0%), 69.65 million in FY2022 (-2.4%) and 71.34 million in FY2021 (+6.1%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding (Diluted) in data going back to Q1 2016.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for 11 consecutive quarters, with an average decline of 5.5% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 6.1% in Q4 2021, against a decline of 11.3% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 59.59 million (Q1 2026), 63.26 million (Q4 2025) and 63.07 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,173.87 Bn | 3,931.39 Bn | 73.85 Bn | 12.31 Bn |
| 2 | Meta Platforms | 1,849.67 Bn | 1,552.19 Bn | 49.47 Bn | 2.57 Bn |
| 3 | Netflix | 279.23 Bn | 239.43 Bn | 6.52 Bn | 4.26 Bn |
| 4 | Alibaba Group Holding | 245.86 Bn | 63.73 Bn | 15.11 Bn | 2.40 Bn |
| 5 | Shopify | 196.08 Bn | 173.27 Bn | 1.71 Bn | 1.30 Bn |
| 6 | Uber Technologies | 138.90 Bn | 110.88 Bn | 6.38 Bn | 2.05 Bn |
| 7 | Booking Holdings | 119.48 Bn | 52.53 Bn | - | 770.00 Mn |
| 8 | PDD Holdings | 107.30 Bn | -144.64 Bn | 9.45 Bn | 1.48 Bn |
| 9 | Spotify Technology | 97.33 Bn | 54.56 Bn | 1.86 Bn | 210.51 Mn |
| 10 | Cars.com | 540.34 Mn | 331.15 Mn | - | 56.65 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.65 Mn |
| Mar 31, 2026 | 59.59 Mn |
| Dec 31, 2025 | 63.26 Mn |
| Sep 30, 2025 | 63.07 Mn |
| Jun 30, 2025 | 63.84 Mn |
| Mar 31, 2025 | 64.47 Mn |
| Dec 31, 2024 | 67.39 Mn |
| Sep 30, 2024 | 67.67 Mn |
| Jun 30, 2024 | 67.82 Mn |
| Mar 31, 2024 | 67.29 Mn |
| Dec 31, 2023 | 68.23 Mn |
| Sep 30, 2023 | 68.51 Mn |
| Jun 30, 2023 | 68.49 Mn |
| Mar 31, 2023 | 67.75 Mn |
| Dec 31, 2022 | 69.65 Mn |
| Sep 30, 2022 | 67.68 Mn |
| Jun 30, 2022 | 70.26 Mn |
| Mar 31, 2022 | 70.90 Mn |
| Dec 31, 2021 | 71.34 Mn |
| Sep 30, 2021 | 70.95 Mn |
Cars.com Shares Outstanding (Diluted) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=CARS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "ticker": "CARS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-diluted&ticker=CARS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();