Carvana Announces Record Third Quarter 2026 Results
Carvana posted record Q3 2026 results with 217,385 retail units sold (up 39% YoY) and revenue of $8.04 billion (up 42% YoY) — both all-time quarterly records. Profitability scaled alongside growth: net income of $483 million (6.0% margin, up $220 million YoY), record Adjusted EBITDA of $800 million (10.0% margin), and record GAAP operating income of $714 million (8.9% margin).
Key figures
- Revenue
- 8040000000
- Guidance
- Q4 sequential increase in retail units sold; FY2026 Adjusted EBITDA at the higher end of $2.7-$3.0 billion range
- Revenue Yoy
- 42%
- Net income
- 483000000
- Adjusted ebitda
- 800000000
- Operating income
- 714000000
- Operating margin
- 8.9%
- Retail units yoy
- 39%
- Net income margin
- 6.0%
- Retail units sold
- 217385
- Adjusted ebitda margin
- 10.0%
AI analysis
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