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Carvana Announces Record Third Quarter 2026 Results

Business Wire•28/10/2026•16:05 ET
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Key Highlights

  • ➤217,385 retail units, up 39% YoY, set a quarterly record
  • ➤Revenue $8.040 billion, up 42% YoY, reached a quarterly record
  • ➤Net income $483 million, up $220 million YoY
  • ➤Adjusted EBITDA $800 million, up $163 million YoY
  • ➤Q4 retail units expected to increase sequentially; full-year EBITDA outlook at $2.7-$3.0 billion high end

Expert Statements

Ernie Garcia, Founder and CEO of Carvana

“In the last two years, we have doubled the number of customers we serve while continuing to lead the industry in unit economics and giving value back to our customers by offering twice the selection, faster deliveries, and lower interest rates on their loans”

Ernie Garcia, Founder and CEO of Carvana

“We are just beginning to realize the potential of the machine we are building.”

Record 217k retail units drive industry-leading 39% YoY growth

Industry-leading Net Income of $483 Million, up $220 Million YoY

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