TrueCar Inc ( (TRUE) ) has released its Q2 earnings. Here is a breakdown of the information TrueCar Inc presented to its investors.
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TrueCar Inc., a digital automotive marketplace, connects car buyers and sellers through its network of Certified Dealers, offering a personalized and efficient auto shopping experience. In its latest earnings report for Q2 2025, TrueCar Inc. highlighted a 12.4% year-over-year increase in total revenue, reaching $47 million, marking its highest quarterly revenue since Q3 2021. The company also reported a reduced net loss of $7.6 million, down from $13.5 million in the same period last year, despite a decrease in adjusted EBITDA to a loss of $1.2 million. Key performance metrics included a 19.7% growth in OEM revenue and a 6.2% increase in new unit sales volume, outperforming the industry’s 2.8% growth rate. TrueCar’s strategic focus on product enhancements and marketing efficiency has led to significant improvements in lead quality and cost per sale. The launch of new features like Actionable Insights and Motivated Buyer badging has strengthened dealer engagement, while consumer-facing updates have made the platform more intuitive and transparent. Looking ahead, TrueCar remains committed to commercializing its TC+ digital retailing experience by year-end, aiming to capture a greater share of online car buyers and enhance its competitive edge in the digital automotive marketplace.