Cars.com Inc.
For the period ended Mar 31, 2025. Filed May 8, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 8, 2025
CARS$13.37-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Cash Flows
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Cash flows from operating activities: | ||
| Net (loss) income | $(2,013) | $784 |
| Adjustments to reconcile Net (loss) income to Net cash provided by operating activities: | ||
| Depreciation | 9,661 | 6,360 |
| Amortization of intangible assets | 17,378 | 21,005 |
| Stock-based compensation | 8,334 | 7,074 |
| Deferred income taxes | (343) | 4,426 |
| Provision for doubtful accounts | 359 | 741 |
| Amortization of debt issuance costs | 473 | 738 |
| Unrealized (gain) loss on foreign currency denominated transactions | (12) | 1,009 |
| Changes in fair value of contingent consideration | — | 2,554 |
| Other, net | 958 | 217 |
| Changes in operating assets and liabilities, net of acquisitions: | ||
| Accounts receivable | 2,410 | (1,155) |
| Prepaid expenses and other assets | 970 | (5,531) |
| Accounts payable | (4,696) | 3,294 |
| Accrued compensation | (8,420) | (13,585) |
| Other liabilities | 4,396 | 5,537 |
| Net cash provided by operating activities | 29,455 | 33,468 |
| Cash flows from investing activities: | ||
| Payments for acquisitions, net of cash acquired | (24,422) | — |
| Capitalization of internally developed technology | (4,984) | (5,305) |
| Purchase of property and equipment | (811) | (708) |
| Proceeds from sale of equity investment | 9,481 | — |
| Net cash used in investing activities | (20,736) | (6,013) |
| Cash flows from financing activities: | ||
| Proceeds from Revolving Loan borrowings | 10,000 | — |
| Payments of Revolving Loan borrowings and long-term debt | (10,000) | (10,000) |
| Payments for stock-based compensation plans, net | (5,849) | (8,357) |
| Repurchases of common stock | (21,538) | (9,096) |
| Payments of contingent consideration | — | (7,750) |
| Net cash used in financing activities | (27,387) | (35,203) |
| Effect of exchange rate changes on Cash and cash equivalents | (570) | (87) |
| Net decrease in Cash and cash equivalents | (19,238) | (7,835) |
| Cash and cash equivalents at beginning of period | 50,673 | 39,198 |
| Cash and cash equivalents at end of period | $31,435 | $31,363 |
| Supplemental cash flow information: | ||
| Cash paid for income taxes | $1,321 | $1,168 |
| Cash paid for interest | 1,164 | 2,566 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.