XML 40 R29.htm IDEA: XBRL DOCUMENT
v3.25.4

Goodwill and Other Intangible Assets (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Changes in the Carrying Amount of Goodwill and Indefinite-lived Intangible Asset | The changes in the carrying amount of goodwill and indefinite-lived intangible asset are as follows (in thousands):
|  | Goodwill |  |  | Cars.com Trade name |
December 31, 2023 |  | $ | 147,058 |  |  | $ | 390,020 |
Foreign currency translation adjustment |  |  | (3,479 | ) |  |  | — |
Other adjustments |  |  | (300 | ) |  |  | — |
December 31, 2024 |  | $ | 143,279 |  |  | $ | 390,020 |
Additions (1) |  |  | 21,980 |  |  |  | — |
Foreign currency translation adjustment |  |  | 1,948 |  |  |  | — |
December 31, 2025 |  | $ | 167,207 |  |  | $ | 390,020 |
(1) In connection with the DealerClub Acquisition, the Company recorded goodwill in the amount of $22.0 million. For more information on the DealerClub Acquisition, see Note 3 (Business Combinations).
Definite-Lived Intangible Assets by Major Asset Class | The Company’s definite-lived intangible assets by major asset class are as follows (in thousands):
|  | December 31, 2025 |  |  | December 31, 2024 |
|  | Weighted Average Remaining Useful Life (years) |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |  |  | Gross Carrying Amount |  |  | Accumulated Amortization |  |  | Net Carrying Amount |
Customer relationships |  |  | 5.1 |  |  | $ | 859,086 |  |  | $ | (739,817 | ) |  | $ | 119,269 |  |  | $ | 857,733 |  |  | $ | (687,163 | ) |  | $ | 170,570 |
Acquired software |  |  | 2.2 |  |  |  | 85,508 |  |  |  | (71,917 | ) |  |  | 13,591 |  |  |  | 82,386 |  |  |  | (63,102 | ) |  |  | 19,284 |
Other trade names |  |  | 3.1 |  |  |  | 26,975 |  |  |  | (22,773 | ) |  |  | 4,202 |  |  |  | 26,941 |  |  |  | (21,125 | ) |  |  | 5,816 |
Content library |  |  | - |  |  |  | 2,100 |  |  |  | (2,100 | ) |  |  | — |  |  |  | 2,100 |  |  |  | (2,100 | ) |  |  | — |
Total |  |  |  |  | $ | 973,669 |  |  | $ | (836,607 | ) |  | $ | 137,062 |  |  | $ | 969,160 |  |  | $ | (773,490 | ) |  | $ | 195,670 |
Projected Annual Amortization Expense for Amortizable Intangible Assets | As of December 31, 2025, projected annual amortization expense for amortizable intangible assets is as follows (in thousands):
2026 |  | $ | 41,534 |
2027 |  |  | 35,278 |
2028 |  |  | 29,085 |
2029 |  |  | 14,335 |
2030 |  |  | 2,292 |
Thereafter |  |  | 14,538 |
Total |  | $ | 137,062 |

X
- Definition Tabular disclosure of amortization expense of assets, excluding financial assets, that lack physical substance, having a limited useful life. + References No definition available. + Details
Name: | us-gaap_FiniteLivedIntangibleAssetsAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill and intangible assets, which may be broken down by segment or major class. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-30/tableOfContent Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/350-20/tableOfContent + Details
Name: | us-gaap_ScheduleOfIntangibleAssetsAndGoodwillTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration