TrueCar, Inc. (TRUE) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Sales/Revenue | 43.21M | 47M | 44.81M | 46.21M | 46.54M | 41.8M | 41.05M | 41.29M | 41.15M | 39.29M | 36.98M | 36.66M | 39.05M | 42.27M | 43.53M | 45.86M | 54.97M | 65.77M | 65.11M | 63.96M |
| Revenue Growth % | -7.17% | 12.45% | 9.15% | 11.92% | 13.12% | 6.37% | 11.01% | 12.61% | 5.36% | -7.05% | -15.05% | -20.05% | -28.95% | -35.72% | -33.13% | -28.3% | -28.84% | 12.32% | -17.5% | -28.67% |
| Cost of Goods Sold | 8.8M | 11.15M | 8.89M | 8.91M | 7.74M | 10.17M | 4.26M | 4.27M | 3.81M | 3.93M | 3.85M | 3.57M | 3.88M | 3.82M | 4.95M | 5.32M | 5.71M | 5.75M | 5.46M | 5.15M |
| COGS % of Revenue | 20.38% | 23.72% | 19.84% | 19.28% | 16.62% | 24.33% | 10.38% | 10.33% | 9.27% | 10% | 10.4% | 9.74% | 9.94% | 9.03% | 11.36% | 11.6% | 10.4% | 8.74% | 8.38% | 8.05% |
| Gross Profit | 34.4M | 35.85M | 35.92M | 37.3M | 38.81M | 31.63M | 36.79M | 37.02M | 37.33M | 35.36M | 33.13M | 33.09M | 35.17M | 38.46M | 38.59M | 40.54M | 49.25M | 60.02M | 59.65M | 58.81M |
| Gross Margin % | 79.62% | 76.28% | 80.16% | 80.72% | 83.38% | 75.67% | 89.62% | 89.67% | 90.73% | 90% | 89.6% | 90.26% | 90.06% | 90.97% | 88.64% | 88.4% | 89.6% | 91.26% | 91.62% | 91.95% |
| Gross Profit Growth % | -11.35% | 13.35% | -2.37% | 0.75% | 3.95% | -10.56% | 11.04% | 11.87% | 6.14% | -8.05% | -14.13% | -18.37% | -28.59% | -35.92% | -35.31% | -31.07% | -32.15% | 13.27% | -18% | -28.19% |
| Operating Expenses | 41.75M | 44.43M | 47.12M | 44.42M | 46.2M | 46.82M | 44.28M | 40.59M | 46.91M | 57.51M | 54.3M | 52.56M | 113.3M | 52.43M | 52.72M | 51.88M | 56.08M | 66.7M | 68.28M | 65.58M |
| OpEx % of Revenue | 96.63% | 94.53% | 105.15% | 96.13% | 99.25% | 112.01% | 107.85% | 98.32% | 114.02% | 146.36% | 146.84% | 143.37% | 290.11% | 124.01% | 121.1% | 113.12% | 102.02% | 101.42% | 104.88% | 102.53% |
| Selling, General & Admin | 32.21M | 33.92M | 35.1M | 33.15M | 34.61M | 39.38M | 31.57M | 29.17M | 32.68M | 39.91M | 37.61M | 36.06M | 36.49M | 37.26M | 38.8M | 38.76M | 42.36M | 51.33M | 52.78M | 50.29M |
| SG&A % of Revenue | 74.56% | 72.17% | 78.33% | 71.75% | 74.36% | 94.23% | 76.9% | 70.66% | 79.42% | 101.57% | 101.71% | 98.36% | 93.45% | 88.14% | 89.14% | 84.52% | 77.07% | 78.05% | 81.06% | 78.62% |
| Research & Development | 6.97M | 7.09M | 8.12M | 6.91M | 7.18M | 7.43M | 8.12M | 6.9M | 9.34M | 13.51M | 12.5M | 11.71M | 12.74M | 11.38M | 10.26M | 9.57M | 9.89M | 10.78M | 11.19M | 10.07M |
| R&D % of Revenue | 16.13% | 15.1% | 18.12% | 14.95% | 15.42% | 17.78% | 19.79% | 16.71% | 22.7% | 34.38% | 33.8% | 31.95% | 32.63% | 26.92% | 23.56% | 20.87% | 17.99% | 16.39% | 17.19% | 15.74% |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | -7.35M | -8.58M | -11.2M | -7.12M | -7.39M | -15.19M | -7.49M | -3.57M | -9.58M | -22.15M | -21.17M | -19.47M | -78.12M | -13.97M | -14.13M | -11.34M | -6.83M | -6.68M | -8.63M | -6.77M |
| Operating Margin % | -17.01% | -18.25% | -24.99% | -15.4% | -15.87% | -36.34% | -18.23% | -8.65% | -23.28% | -56.36% | -57.24% | -53.11% | -200.05% | -33.04% | -32.46% | -24.72% | -12.42% | -10.16% | -13.26% | -10.58% |
| Operating Income Growth % | 0.54% | 43.52% | -49.61% | -99.22% | 22.88% | 31.42% | 64.64% | 81.65% | 87.74% | -58.56% | -49.77% | -71.76% | -1044.32% | -109.1% | -63.67% | -67.52% | -170.13% | 38.52% | 18.68% | 23.79% |
| EBITDA | -4.78M | -4.82M | -6.96M | -2.43M | -2.64M | -10.51M | -2.31M | 1.58M | -4.03M | -17.27M | -16.07M | -13.77M | -72.96M | -9.12M | -9.38M | -6.7M | -1.93M | -1.01M | -3.25M | -620K |
| EBITDA Margin % | -11.06% | -10.26% | -15.54% | -5.26% | -5.68% | -25.13% | -5.62% | 3.83% | -9.79% | -43.96% | -43.45% | -37.56% | -186.84% | -21.58% | -21.54% | -14.62% | -3.51% | -1.54% | -5% | -0.97% |
| EBITDA Growth % | -80.82% | 54.1% | -201.56% | -253.54% | 34.4% | 39.18% | 85.63% | 111.49% | 94.48% | -89.3% | -71.36% | -105.41% | -3680.52% | -798.92% | -188.05% | -981.29% | -111.94% | 75.86% | 20.08% | 44.04% |
| D&A (Non-Cash Add-back) | 2.57M | 3.76M | 4.24M | 4.69M | 4.75M | 4.68M | 5.18M | 5.16M | 5.55M | 4.88M | 5.1M | 5.7M | 5.16M | 4.84M | 4.76M | 4.63M | 4.9M | 5.67M | 5.38M | 6.15M |
| EBIT | 5M | -7.62M | -11.2M | -7.12M | -7.39M | -13.52M | -7.49M | -3.57M | -9.58M | -22.15M | -21.17M | -19.47M | -18.35M | -13.97M | -14.13M | -11.34M | -6.83M | -6.68M | -8.63M | -16.36M |
| Net Interest Income | 950K | 955K | 1.07M | 1.27M | 1.56M | 1.67M | 1.64M | 1.67M | 1.71M | 1.73M | 1.61M | 1.38M | 879K | 279K | 27K | 12K | 12K | 13K | 15K | 10K |
| Interest Income | 950K | 955K | 1.07M | 1.27M | 1.56M | 1.67M | 1.64M | 1.67M | 1.71M | 1.73M | 1.61M | 1.38M | 879K | 279K | 27K | 12K | 12K | 13K | 15K | 10K |
| Interest Expense | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income/Expense | 12.35M | 955K | 1.07M | 1.27M | 1.56M | 1.67M | 1.64M | 1.67M | 1.71M | 1.73M | 1.61M | 1.42M | 879K | 375K | 1.78M | -4.44M | -255K | -302K | 311K | -771K |
| Pretax Income | 5M | -7.62M | -10.13M | -5.85M | -5.83M | -13.52M | -5.84M | -1.9M | -7.87M | -20.42M | -19.56M | -18.05M | -77.24M | -13.59M | -12.36M | -15.78M | -7.08M | -6.98M | -8.32M | -7.54M |
| Pretax Margin % | 11.57% | -16.22% | -22.61% | -12.65% | -12.52% | -32.34% | -14.23% | -4.6% | -19.14% | -51.96% | -52.89% | -49.23% | -197.8% | -32.15% | -28.39% | -34.4% | -12.88% | -10.62% | -12.79% | -11.79% |
| Income Tax | 2K | 3K | 6K | 2K | 3K | 3K | 7K | 3K | 1K | 7K | 6K | 88K | -131K | -2.57M | 57K | 17K | -38K | 133K | 94K | 126K |
| Effective Tax Rate % | 0.04% | -0.04% | -0.06% | -0.03% | -0.05% | -0.02% | -0.12% | -0.16% | -0.01% | -0.03% | -0.03% | -0.49% | 0.17% | 18.94% | -0.46% | -0.11% | 0.54% | -1.9% | -1.13% | -1.67% |
| Net Income | 5M | -7.63M | -10.14M | -5.85M | -5.83M | -13.52M | -5.85M | -1.9M | -7.88M | -20.42M | -19.57M | -18.14M | -77.11M | -11.02M | -12.41M | -15.79M | -6.84M | -7.28M | -8.42M | 86.87M |
| Net Margin % | 11.57% | -16.23% | -22.62% | -12.66% | -12.53% | -32.35% | -14.25% | -4.61% | -19.14% | -51.98% | -52.91% | -49.47% | -197.46% | -26.07% | -28.52% | -34.43% | -12.44% | -11.07% | -12.93% | 135.81% |
| Net Income Growth % | 185.7% | 43.59% | -73.32% | -207.52% | 25.96% | 33.8% | 70.11% | 89.51% | 89.79% | -85.35% | -57.6% | -14.86% | -1028.04% | -51.3% | -47.47% | -118.18% | -158.99% | 35.22% | 21.1% | 1085.66% |
| Net Income (Continuing) | 5M | -7.63M | -10.14M | -5.85M | -5.83M | -13.52M | -5.85M | -1.9M | -7.88M | -20.42M | -19.57M | -18.14M | -77.11M | -11.02M | -12.41M | -15.79M | -7.04M | -7.12M | -8.42M | -7.66M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 208K | -168K | 0 | 1000K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.06 | -0.09 | -0.12 | -0.07 | -0.06 | -0.15 | -0.06 | -0.02 | -0.09 | -0.23 | -0.22 | -0.21 | -0.85 | -0.12 | -0.13 | -0.16 | -0.07 | -0.07 | -0.09 | 0.86 |
| EPS Growth % | 187% | 42.13% | -87.21% | -221.05% | 26% | 34.78% | 70.86% | 90.05% | 89.73% | -91.67% | -69.23% | -31.25% | -1093.82% | -62.82% | -52.22% | -118.6% | -164.73% | 26.3% | 14.34% | 1141.16% |
| EPS (Basic) | 0.06 | -0.09 | -0.12 | -0.07 | -0.06 | -0.15 | -0.06 | -0.02 | -0.09 | -0.23 | -0.22 | -0.21 | -0.85 | -0.12 | -0.13 | -0.16 | -0.07 | -0.07 | -0.09 | 0.86 |
| Diluted Shares Outstanding | 88.94M | 87.86M | 87.31M | 87.19M | 90.32M | 91.85M | 91.23M | 91.09M | 90.18M | 89.38M | 88.65M | 88.44M | 90.69M | 91.02M | 95.92M | 96.04M | 96.04M | 98.81M | 98.58M | 103.03M |
| Basic Shares Outstanding | 88.53M | 87.86M | 87.31M | 87.19M | 90.32M | 91.85M | 91.23M | 91.09M | 90.18M | 89.38M | 88.65M | 88.44M | 90.69M | 91.02M | 95.49M | 96.01M | 96.04M | 98.81M | 98.58M | 98.42M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.02% |