$TRUE
TrueCar Inc Stock $true

$true Overview Financials Valuation SEC Filings Company Website

2018 Q3 Form 10-Q Financial Statement

#000132731818000037 Filed on August 09, 2018

Income Statement

Concept	2018 Q3	2018 Q2	2017 Q2
Revenue	$93.59M	$87.85M	$81.82M
YoY Change	13.52%	7.37%	23.17%
Cost Of Revenue	$7.740M	$7.750M	$7.130M
YoY Change	9.17%	8.7%	11.93%
Gross Profit	$85.85M	$80.10M	$74.69M
YoY Change	13.93%	7.24%	24.36%
Gross Profit Margin	91.73%	91.18%	91.29%
Selling, General & Admin	$71.06M	$65.51M	$62.35M
YoY Change	12.13%	5.07%	15.18%
% of Gross Profit	82.77%	81.78%	83.47%
Research & Development	$15.35M	$15.69M	$14.13M
YoY Change	-0.07%	11.04%	0.78%
% of Gross Profit	17.88%	19.59%	18.92%
Depreciation & Amortization	$5.990M	$5.650M	$5.670M
YoY Change	4.54%	-0.35%	-1.9%
% of Gross Profit	6.98%	7.05%	7.59%
Operating Expenses	$71.06M	$65.51M	$62.35M
YoY Change	12.13%	5.07%	15.18%
Operating Profit	-$6.549M	-$6.745M	-$7.456M
YoY Change	-28.39%	-9.54%	-46.57%
Interest Expense	$662.0K	$662.0K	$652.0K
YoY Change	1.22%	1.53%	3.16%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income	-$6.323M	-$6.657M	-$7.859M
YoY Change	-32.72%	-15.29%	-45.74%
Income Tax	-$100.0K	-$35.00K	$201.0K
% Of Pretax Income
Net Earnings	-$6.251M	-$6.622M	-$8.060M
YoY Change	-34.33%	-17.84%	-45.0%
Net Earnings / Revenue	-6.68%	-7.54%	-9.85%
Basic Earnings Per Share
Diluted Earnings Per Share	-$60.82K	-$65.45K	-$85.97K
COMMON SHARES
Basic Shares Outstanding	102.1M shares	100.9M shares	92.89M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2018 Q3	2018 Q2	2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$217.7M	$198.5M	$181.7M
YoY Change	10.85%	9.25%	76.24%
Cash & Equivalents	$217.7M	$198.5M	$181.7M
Short-Term Investments
Other Short-Term Assets	$5.806M	$4.971M	$1.043M
YoY Change	105.81%	376.61%	6.21%
Inventory
Prepaid Expenses	$9.291M	$8.357M	$7.050M
Receivables	$47.43M	$42.85M	$37.06M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$280.3M	$254.7M	$226.9M
YoY Change	13.97%	12.25%	57.33%
LONG-TERM ASSETS
Property, Plant & Equipment	$69.17M	$70.96M	$68.40M
YoY Change	1.16%	3.74%	-0.49%
Goodwill	$53.27M	$53.27M	$53.27M
YoY Change	0.0%	0.0%	0.0%
Intangibles	$13.02M	$13.98M	$17.84M
YoY Change	-22.88%	-21.64%	-17.96%
Long-Term Investments
YoY Change
Other Assets	$5.113M	$5.188M	$1.659M
YoY Change	221.77%	212.72%	32.09%
Total Long-Term Assets	$140.6M	$143.4M	$141.2M
YoY Change	0.33%	1.58%	-2.65%
TOTAL ASSETS
Total Short-Term Assets	$280.3M	$254.7M	$226.9M
Total Long-Term Assets	$140.6M	$143.4M	$141.2M
Total Assets	$420.8M	$398.1M	$368.0M
YoY Change	9.02%	8.16%	27.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$26.93M	$18.45M	$18.02M
YoY Change	26.39%	2.37%	31.09%
Accrued Expenses	$17.56M	$14.77M	$11.99M
YoY Change	60.32%	23.14%	-6.45%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$49.53M	$39.91M	$37.41M
YoY Change	27.14%	6.67%	5.32%
LONG-TERM LIABILITIES
Long-Term Debt	$23.00M	$29.30M	$29.00M
YoY Change	-20.96%	1.03%	1.05%
Other Long-Term Liabilities	$3.910M	$4.190M	$3.782M
YoY Change	12.55%	10.79%	52.56%
Total Long-Term Liabilities	$3.910M	$4.190M	$3.782M
YoY Change	12.55%	10.79%	52.56%
TOTAL LIABILITIES
Total Short-Term Liabilities	$49.53M	$39.91M	$37.41M
Total Long-Term Liabilities	$3.910M	$4.190M	$3.782M
Total Liabilities	$77.00M	$74.08M	$73.51M
YoY Change	2.8%	0.78%	5.92%
SHAREHOLDERS EQUITY
Retained Earnings	-$367.1M	-$360.8M	-$333.1M
YoY Change	7.15%	8.33%	10.21%
Common Stock	$710.9M	$684.8M	$627.6M
YoY Change	8.75%	9.11%	20.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$343.8M	$324.0M	$294.5M
YoY Change
Total Liabilities & Shareholders Equity	$420.8M	$398.1M	$368.0M
YoY Change	9.02%	8.16%	27.26%

Cashflow Statement

Concept	2018 Q3	2018 Q2	2017 Q2
OPERATING ACTIVITIES
Net Income	-$6.251M	-$6.622M	-$8.060M
YoY Change	-34.33%	-17.84%	-45.0%
Depreciation, Depletion And Amortization	$5.990M	$5.650M	$5.670M
YoY Change	4.54%	-0.35%	-1.9%
Cash From Operating Activities	$7.410M	$5.130M	$7.700M
YoY Change	76.85%	-33.38%	-587.34%
INVESTING ACTIVITIES
Capital Expenditures	-$3.470M	-$4.290M	-$4.870M
YoY Change	-28.45%	-11.91%	39.94%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$3.470M	-$4.290M	-$4.870M
YoY Change	-28.45%	-11.91%	39.94%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	15.32M	1.820M	64.37M
YoY Change	-0.13%	-97.17%	2825.91%
NET CHANGE
Cash From Operating Activities	7.410M	5.130M	7.700M
Cash From Investing Activities	-3.470M	-4.290M	-4.870M
Cash From Financing Activities	15.32M	1.820M	64.37M
Net Change In Cash	19.26M	2.660M	67.20M
YoY Change	31.2%	-96.04%	-2449.65%
FREE CASH FLOW
Cash From Operating Activities	$7.410M	$5.130M	$7.700M
Capital Expenditures	-$3.470M	-$4.290M	-$4.870M
Free Cash Flow	$10.88M	$9.420M	$12.57M
YoY Change	20.35%	-25.06%	561.58%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	100432000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	12753000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	18069000	USD
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Period End Date DocumentPeriodEndDate	2018-06-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0001327318
CY2018Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	102071253	shares
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	TrueCar, Inc.
CY2017Q4	true	Accrued Expenses And Other Current Liabilities Related Parties AccruedExpensesAndOtherCurrentLiabilitiesRelatedParties	52000	USD
CY2018Q2	true	Accrued Expenses And Other Current Liabilities Related Parties AccruedExpensesAndOtherCurrentLiabilitiesRelatedParties	785000	USD
	true	Capitalized Contract Costs Amortization Period CapitalizedContractCostsAmortizationPeriod	P3Y
CY2017Q4	true	Lease Financing Obligation LeaseFinancingObligation	29129000	USD
CY2018Q2	true	Lease Financing Obligation LeaseFinancingObligation	29293000	USD
	true	Noncash Interest Expense NoncashInterestExpense	233000	USD
	true	Noncash Interest Expense NoncashInterestExpense	218000	USD
CY2017Q2	true	Operating Expenses Depreciation Amortization And Gain Loss On Disposal Of Assets OperatingExpensesDepreciationAmortizationAndGainLossOnDisposalOfAssets	5668000	USD
	true	Operating Expenses Depreciation Amortization And Gain Loss On Disposal Of Assets OperatingExpensesDepreciationAmortizationAndGainLossOnDisposalOfAssets	11752000	USD
CY2018Q2	true	Operating Expenses Depreciation Amortization And Gain Loss On Disposal Of Assets OperatingExpensesDepreciationAmortizationAndGainLossOnDisposalOfAssets	5641000	USD
	true	Operating Expenses Depreciation Amortization And Gain Loss On Disposal Of Assets OperatingExpensesDepreciationAmortizationAndGainLossOnDisposalOfAssets	10816000	USD
	true	Proceeds Receivablefrom Issuanceof Sharesunder Incentiveand Sharebased Compensation Plans Including Stock Options ProceedsReceivablefromIssuanceofSharesunderIncentiveandSharebasedCompensationPlansIncludingStockOptions	149000	USD
	true	Proceeds Receivablefrom Issuanceof Sharesunder Incentiveand Sharebased Compensation Plans Including Stock Options ProceedsReceivablefromIssuanceofSharesunderIncentiveandSharebasedCompensationPlansIncludingStockOptions	1000	USD
CY2017Q4	true	Property Plant And Equipment Gross Assets Not Placed In Service PropertyPlantAndEquipmentGrossAssetsNotPlacedInService	7800000	USD
CY2018Q2	true	Property Plant And Equipment Gross Assets Not Placed In Service PropertyPlantAndEquipmentGrossAssetsNotPlacedInService	3100000	USD
	true	Provision For Doubtful Accounts And Other Reserves ProvisionForDoubtfulAccountsAndOtherReserves	789000	USD
	true	Provision For Doubtful Accounts And Other Reserves ProvisionForDoubtfulAccountsAndOtherReserves	811000	USD
	true	Taxes Payable Relatedto Tax Withholdingfor Sharebased Compensation TaxesPayableRelatedtoTaxWithholdingforSharebasedCompensation	266000	USD
	true	Taxes Payable Relatedto Tax Withholdingfor Sharebased Compensation TaxesPayableRelatedtoTaxWithholdingforSharebasedCompensation	29000	USD
CY2017Q2	true	Technology And Development TechnologyAndDevelopment	14131000	USD
	true	Technology And Development TechnologyAndDevelopment	27760000	USD
CY2018Q2	true	Technology And Development TechnologyAndDevelopment	15694000	USD
	true	Technology And Development TechnologyAndDevelopment	31288000	USD
CY2017Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	18620000	USD
CY2018Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	18445000	USD
CY2018Q1	us-gaap	Accounts Payable Current AccountsPayableCurrent	18876000	USD
CY2017Q4	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	3200000	USD
CY2018Q2	us-gaap	Accounts Payable Related Parties Current AccountsPayableRelatedPartiesCurrent	3808000	USD
CY2017Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	39169000	USD
CY2018Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	42849000	USD
CY2017Q4	us-gaap	Accounts Receivable Related Parties Current AccountsReceivableRelatedPartiesCurrent	169000	USD
CY2018Q2	us-gaap	Accounts Receivable Related Parties Current AccountsReceivableRelatedPartiesCurrent	149000	USD
CY2017Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	12790000	USD
CY2018Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	14769000	USD
CY2018Q1	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	12897000	USD
CY2017Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	65281000	USD
CY2018Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	73198000	USD
CY2017Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	664192000	USD
	us-gaap	Deferred Income Taxes And Tax Credits DeferredIncomeTaxesAndTaxCredits	-120000	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	1103000	USD
CY2018Q2	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	684807000	USD
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	18876000	USD
CY2017Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	6846000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	12753000	USD
CY2018Q2	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	8972000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	18069000	USD
CY2017Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	3030000	USD
CY2018Q2	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	2769000	USD
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	25764000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	24045000	shares
CY2017Q4	us-gaap	Assets Assets	384834000	USD
CY2018Q2	us-gaap	Assets Assets	398059000	USD
CY2017Q4	us-gaap	Assets Current AssetsCurrent	243551000	USD
CY2018Q2	us-gaap	Assets Current AssetsCurrent	254664000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	842000	USD
	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	554000	USD
CY2016Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	107721000	USD
CY2017Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	181722000	USD
CY2017Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	197762000	USD
CY2018Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	198487000	USD
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2018Q2	us-gaap	Commitments And Contingencies CommitmentsAndContingencies		USD
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2018Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.0001
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2018Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	1000000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	100428656	shares
CY2018Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	101606400	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	100428656	shares
CY2018Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	101606400	shares
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	10000	USD
CY2018Q2	us-gaap	Common Stock Value CommonStockValue	10000	USD
CY2018Q2	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	4100000	USD
CY2018Q1	us-gaap	Contract With Customer Asset Net ContractWithCustomerAssetNet	3300000	USD
CY2017Q2	us-gaap	Cost Of Services Excluding Depreciation Depletion And Amortization CostOfServicesExcludingDepreciationDepletionAndAmortization	7130000	USD
	us-gaap	Cost Of Services Excluding Depreciation Depletion And Amortization CostOfServicesExcludingDepreciationDepletionAndAmortization	13522000	USD
CY2018Q2	us-gaap	Cost Of Services Excluding Depreciation Depletion And Amortization CostOfServicesExcludingDepreciationDepletionAndAmortization	7752000	USD
	us-gaap	Cost Of Services Excluding Depreciation Depletion And Amortization CostOfServicesExcludingDepreciationDepletionAndAmortization	15204000	USD
CY2017Q2	us-gaap	Costs And Expenses CostsAndExpenses	89275000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	171190000	USD
CY2018Q2	us-gaap	Costs And Expenses CostsAndExpenses	94595000	USD
	us-gaap	Costs And Expenses CostsAndExpenses	184715000	USD
CY2017Q4	us-gaap	Cumulative Effect Of New Accounting Principle In Period Of Adoption CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption	5923000	USD
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	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	-96000	USD
	us-gaap	Increase Decrease In Other Noncurrent Liabilities IncreaseDecreaseInOtherNoncurrentLiabilities	393000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	4248000	USD
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-232000	USD
CY2017Q4	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	812000	USD
CY2018Q2	us-gaap	Deferred Tax Liabilities Noncurrent DeferredTaxLiabilitiesNoncurrent	692000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	11747000	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	1006000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	10818000	USD
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CY2018Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.07
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CY2017Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	6568000	USD
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CY2017Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	332000	USD
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	550000	USD
CY2018Q2	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	473000	USD
	us-gaap	Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount	807000	USD
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	us-gaap	Gain Loss On Disposition Of Assets1 GainLossOnDispositionOfAssets1	-143000	USD
CY2017Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	15413000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	29041000	USD
CY2018Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	13494000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	26975000	USD
CY2017Q4	us-gaap	Goodwill Goodwill	53270000	USD
CY2018Q2	us-gaap	Goodwill Goodwill	53270000	USD
CY2017Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-7859000	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-14533000	USD
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	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-15773000	USD
CY2017Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	201000	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	322000	USD
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	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	978000	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4491000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-115000	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	3033000	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	-2148000	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-730000	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	2882000	USD
	us-gaap	Increase Decrease In Employee Related Liabilities IncreaseDecreaseInEmployeeRelatedLiabilities	106000	USD
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	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	106000	USD
	us-gaap	Increase Decrease In Other Noncurrent Assets IncreaseDecreaseInOtherNoncurrentAssets	835000	USD
CY2017Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	15912000	USD
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CY2017Q2	us-gaap	Interest Expense InterestExpense	652000	USD
	us-gaap	Interest Expense InterestExpense	1301000	USD
CY2018Q2	us-gaap	Interest Expense InterestExpense	662000	USD
	us-gaap	Interest Expense InterestExpense	1323000	USD
CY2017Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	249000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	382000	USD
CY2018Q2	us-gaap	Investment Income Interest InvestmentIncomeInterest	750000	USD
	us-gaap	Investment Income Interest InvestmentIncomeInterest	1354000	USD
CY2018Q2	us-gaap	Letters Of Credit Outstanding Amount LettersOfCreditOutstandingAmount	4000000	USD
CY2017Q4	us-gaap	Liabilities Liabilities	71716000	USD
CY2018Q2	us-gaap	Liabilities Liabilities	74080000	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	384834000	USD
CY2018Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	398059000	USD
CY2017Q4	us-gaap	Liabilities Current LiabilitiesCurrent	37978000	USD
CY2018Q2	us-gaap	Liabilities Current LiabilitiesCurrent	39905000	USD
CY2017Q4	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2018Q2	us-gaap	Line Of Credit LineOfCredit	0	USD
CY2018Q2	us-gaap	Line Of Credit Facility Remaining Borrowing Capacity LineOfCreditFacilityRemainingBorrowingCapacity	31000000.0	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	74001000	USD
	us-gaap	Net Cash Provided By Used In Continuing Operations NetCashProvidedByUsedInContinuingOperations	725000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	71622000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	1773000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-10340000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-9615000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	12719000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	8567000	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	-8060000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-14855000	USD
CY2018Q2	us-gaap	Net Income Loss NetIncomeLoss	-6622000	USD
	us-gaap	Net Income Loss NetIncomeLoss	-15677000	USD
	us-gaap	Number Of Operating Segments NumberOfOperatingSegments	1
CY2017Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-7456000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-13614000	USD
CY2018Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-6745000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	-15804000	USD
CY2017Q4	us-gaap	Other Assets Current OtherAssetsCurrent	1145000	USD
CY2018Q2	us-gaap	Other Assets Current OtherAssetsCurrent	4971000	USD
CY2018Q1	us-gaap	Other Assets Current OtherAssetsCurrent	4469000	USD
CY2017Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	1391000	USD
CY2018Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	5188000	USD
CY2018Q1	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	4353000	USD
CY2017Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-8060000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-14855000	USD
CY2018Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-6622000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-15677000	USD
CY2017Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	3797000	USD
CY2018Q2	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	4190000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1310000	USD
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	1423000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	10340000	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	9615000	USD
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2018Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.0001
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2018Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	20000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2018Q2	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	5475000	USD
CY2018Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	8357000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	17398000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	55534000	USD
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	3196000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	135991000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	144154000	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	70710000	USD
CY2018Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	70956000	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-351084000	USD
CY2018Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-360838000	USD
CY2018Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-345161000	USD
CY2017Q2	us-gaap	Sales Revenue Net SalesRevenueNet	81819000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	157576000	USD
CY2018Q2	us-gaap	Sales Revenue Net SalesRevenueNet	87850000	USD
	us-gaap	Sales Revenue Net SalesRevenueNet	168911000	USD
CY2017Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	46933000	USD
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	89115000	USD
CY2018Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	52014000	USD
CY2017Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	7178000	USD
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	13303000	USD
CY2018Q2	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	9445000	USD
	us-gaap	Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1 SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1	18876000	USD
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1739000	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	313118000	USD
CY2018Q2	us-gaap	Stockholders Equity StockholdersEquity	323979000	USD
CY2017Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	93745000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	90283000	shares
CY2018Q2	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	101150000	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	100862000	shares
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization and Nature of Business</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TrueCar, Inc. is an Internet-based information, technology, and communication services company. Hereinafter, TrueCar, Inc. and its wholly-owned subsidiaries TrueCar.com, Inc. and ALG, Inc. are collectively referred to as “TrueCar” or the “Company”; TrueCar.com, Inc. is referred to as “TrueCar.com” and ALG, Inc. is referred to as “ALG.” TrueCar was incorporated in the state of Delaware in February 2005 and began business operations in April 2005. Its principal corporate offices are located in Santa Monica, California.</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">TrueCar is a digital automotive marketplace that (i) provides pricing transparency about what other people paid for their cars and enables consumers to engage with TrueCar Certified Dealers who are committed to providing a superior purchase experience; (ii) empowers Certified Dealers to attract these informed, in-market consumers in a cost-effective, accountable manner; and (iii) allows automobile manufacturers (“OEMs”) to more effectively target their incentive spending at deep-in-market consumers during their purchase process. TrueCar has established a diverse software ecosystem on a common technology infrastructure, powered by proprietary data and analytics. Consumers access TrueCar’s platform through the TrueCar.com website and TrueCar mobile applications or through the car-buying websites and mobile applications that TrueCar operates for its affinity group marketing partners (“Auto Buying Programs”). An affinity group is comprised of a network of members or employees that provides discounts to its members.</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">ALG provides forecasts, consulting, and other services regarding determination of the residual value of an automobile at future given points in time, which are used to underwrite automotive loans and leases and by financial institutions to measure exposure and risk across loan, lease, and fleet portfolios. ALG also obtains automobile purchase data from a variety of sources and uses this data to provide consumers and dealers with highly accurate, geographically specific, real-time pricing information.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:16px;padding-top:8px;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the dates of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Assets and liabilities that are subject to judgment and use of estimates include sales allowances and allowances for doubtful accounts, contract assets, the fair value of assets and liabilities assumed in business combinations, the fair value of the capitalized facility leases, the recoverability of goodwill and long-lived assets, valuation allowances with respect to deferred tax assets, useful lives associated with property and equipment and intangible assets, lease exit liabilities, contingencies, and the valuation and assumptions underlying stock-based compensation and other equity instruments. On an ongoing basis, the Company evaluates its estimates compared to historical experience and trends, which form the basis for making judgments about the carrying value of assets and liabilities. In addition, the Company engaged valuation specialists to assist with management’s determination of the valuation of its capitalized facility leases, the fair values of assets and liabilities assumed in business combinations, the fair value of reporting units in connection with annual goodwill impairment testing, and in periods prior to the Company’s initial public offering, valuation of common stock.</font></div></div>

Files In Submission

Name	View Source	Status
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0001327318-18-000037-index.html	Edgar Link	pending
0001327318-18-000037.txt	Edgar Link	pending
0001327318-18-000037-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
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report.css	Edgar Link	pending
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true-20180630.xml	Edgar Link	completed
true-20180630.xsd	Edgar Link	pending
true-20180630_cal.xml	Edgar Link	unprocessable
true-20180630_def.xml	Edgar Link	unprocessable
true-20180630_lab.xml	Edgar Link	unprocessable
true-20180630_pre.xml	Edgar Link	unprocessable
truecarq2201810q.htm	Edgar Link	pending
trueq22018ex101.htm	Edgar Link	pending
trueq22018ex311.htm	Edgar Link	pending
trueq22018ex312.htm	Edgar Link	pending
trueq22018ex321.htm	Edgar Link	pending

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$TRUE
TrueCar Inc Stock $true

2018 Q3 Form 10-Q Financial Statement

#000132731818000037 Filed on August 09, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TRUE TrueCar Inc Stock $true

2018 Q3 Form 10-Q Financial Statement

#000132731818000037 Filed on August 09, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TRUE
TrueCar Inc Stock $true