Carvana posts record Q3 2026 revenue and unit growth, misses EPS expectations
+1 new source since this summary was written
Carvana reported third‑quarter 2026 revenue of $8.04 billion, up 42% year‑over‑year, and sold 217,385 retail units, a 39% increase. GAAP earnings per share were $0.39, falling short of analyst forecasts of $0.44. The company posted net income of $483 million and adjusted EBITDA of $800 million, and reaffirmed full‑year adjusted EBITDA guidance at the high end of its $2.7 billion‑$3.0 billion range.
Why it matters
The revenue beat and record adjusted EBITDA suggest strong top‑line momentum, but the EPS miss highlights ongoing margin pressure; investors will watch whether the company can sustain unit growth while improving profitability. Management’s guidance at the top of its EBITDA range leaves upside potential for the full‑year outlook.
Key facts
- 1Revenue was $8.04 billion, up 42% YoY. tradingview.com
- 2Retail unit sales totaled 217,385, up 39% YoY. tradingview.com
- 3GAAP EPS was $0.39, missing analyst estimates of $0.44. finance.yahoo.com
- 4Net income was $483 million. finance.yahoo.com
- 5Adjusted EBITDA was $800 million. finance.yahoo.com
- 6Full‑year 2026 adjusted EBITDA guidance remains $2.7 billion‑$3.0 billion, with the company targeting the high end. finance.yahoo.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.