TrueCar’s Q3 2025 Results and Acquisition News

TrueCar Inc ( (TRUE) ) has released its Q3 earnings. Here is a breakdown of the information TrueCar Inc presented to its investors.

TrueCar Inc., a prominent player in the automotive digital marketplace, connects car buyers and sellers through its network of Certified Dealers, offering a streamlined and transparent auto shopping experience. In its latest earnings report for the third quarter of 2025, TrueCar reported a total revenue of $43.2 million, a decline from both the previous quarter and the same period last year. Despite the drop in revenue, the company achieved a net income of $5.0 million, a significant turnaround from the losses reported in previous quarters.

Key financial metrics revealed a mixed performance for TrueCar. While the company saw a decrease in adjusted EBITDA to $(0.4) million, it experienced a substantial improvement in cash flow from operations, reaching $12.7 million. Free cash flow also saw a positive swing, amounting to $11.2 million. However, the company faced challenges with a decline in average monthly unique visitors and total units sold compared to the previous year.

In a strategic move, TrueCar announced its pending acquisition by Fair Holdings, Inc., led by its founder Scott Painter. This all-cash transaction, valued at $2.55 per share, is set to transition TrueCar into a private company, pending regulatory and stockholder approvals. This acquisition marks a significant shift in the company’s trajectory, potentially impacting its future operations and market presence.

Looking ahead, TrueCar’s management refrained from providing forward-looking guidance due to the pending acquisition. The focus remains on completing the transaction, which is anticipated to close by late 2025 or early 2026, with the aim of enhancing the company’s strategic positioning in the automotive marketplace.