TRUE Research | Milton Maxwell

TRUE

TrueCar, Inc.

2.2600

+0.0700+3.2%

Dec 16, 4:00:00 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q1 '26)

No earnings call transcript available yet

Last Quarter (Q4 '25)

No earnings call transcript available

Key Stats

Market Cap

201.00M

P/E (TTM)

Basic EPS (TTM)

-0.21

Dividend Yield

Recent Filings

8-K

TrueCar completes $227M privatization

1/22/26Jan 22, 2026

TrueCar completed its $227 million take-private merger with Fair Holdings on January 21, 2026, delivering $2.55 per share in cash to shareholders. Stock delisted from Nasdaq; company now a private subsidiary led by founder Scott Painter as CEO. TrueCar goes private. Backed by PenFed, AutoNation, and others, it eyes profitability amid mobility shifts.

8-K

TrueCar merger approved

12/23/25Dec 23, 2025

TrueCar stockholders overwhelmingly approved the merger with Fair Holdings on December 22, 2025, with 69.7M for votes against 85K. Shareholders get $2.55 cash per share; close eyed for January 2026 pending conditions. Merger risks financing snags. Stockholders cheered.

8-K

AutoNation affiliate backs TrueCar merger

12/12/25Dec 12, 2025

TrueCar locked in Auto Holdings, LLC—AutoNation affiliate owning 6.0% of shares—as a yes vote for its pending merger with Scott Painter-led Fair Holdings on December 11, 2025. This bolsters approval odds ahead of the December 22 special meeting, following the October 14 merger pact. Deal hinges on financing and conditions. Risks loom if stockholder nod falters.

10-Q

Q3 FY2025 results

11/6/25Nov 6, 2025

TrueCar posted Q3 revenue of $43.2M, down 7.2% y/y from $46.5M but up from YTD $135.0M (up 4.3% y/y); operating loss narrowed slightly to $7.3M from $7.4M y/y while gross margin slipped to 79.6% from 83.4%. A $11.4M CDK antitrust settlement gain flipped net loss to $5.0M profit ($0.06 diluted EPS), versus $5.8M loss prior year—EPS reconciles to 88.9M diluted shares. Cash fell to $103.2M on $2.0M OCF minus $6.2M capex (FCF -$4.2M, derived), no debt. Signed all-cash merger at $2.55/share October 14, 2025, pending approval by February 2026. Merger failure risks termination fees up to $8M.

8-K

Q3 profit amid buyout

11/5/25Nov 5, 2025

TrueCar posted Q3 revenue of $43.2 million, down from $47.0 million last quarter and $46.5 million a year ago, yet swung to net income of $5.0 million from prior losses. Operating cash flow surged to $12.7 million. Pending $2.55/share go-private buyout by founder-led Fair Holdings eyes Q4 2025 close, but hinges on shareholder and regulatory nods.

About

TrueCar, Inc. operates as an internet-based information, technology, and communication services company in the United States. The company operates its platform on the TrueCar website and mobile applications. Its platform enables users to obtain market-based pricing data on new and used cars, and to connect with its network of TrueCar certified dealers. It also provides TrueCar Access, which offers trade and payments solutions; and Sell Your Car and Trade solutions gives consumers information on the value of their trade-in vehicles and enables them to obtain a guaranteed trade-in price before setting foot in the dealership. The company was formerly known as Zag.com Inc. TrueCar, Inc. was incorporated in 2005 and is headquartered in Santa Monica, California.

CEO

Mr. Jantoon E. Reigersman

IPO

5/16/2014

Website

https://www.truecar.com

Employees

348

Sector

Communication Services

Industry

Internet Content & Information