Earnings ·
Carvana reports Q3 revenue of $8.04B and net income of $483M, up 42% and 84% respectively
CVNACarvana Co.
Carvana Co. announced financial results for the fiscal quarter ended September 30, 2026, reporting record revenue of $8.04 billion, a 42% increase year-over-year. Net income reached $483 million with a 6.0% margin, while Adjusted EBITDA hit a record $800 million at a 10.0% margin. The company sold 217,385 retail units, up 39% from the prior year period. Carvana expects sequential growth in Q4 unit sales and full-year Adjusted EBITDA near the top of its $2.7 to $3.0 billion guidance range. The company operates as an e-commerce platform for buying and selling used vehicles.