Carvana Co.'s results for Q3 2026 (quarter ended Sep 30, 2026) come from the company's own earnings release, filed with the SEC on 2026-10-28. Everything below is taken from that filing; quotes are copied exactly. Company outlooks are the company's own.
At a glance
| Item | Value |
|---|---|
| Revenue (GAAP) | $8,040 million (+42.4% vs a year earlier) |
| Diluted EPS (GAAP) | $0.39 |
| Full-year guidance | Reaffirmed |
Guidance
Carvana expects FY2026 Adjusted EBITDA in the higher end of its previously communicated $2.7–3.0 billion range and a sequential Q4 increase in retail units.
Why this label: Adjusted EBITDA 'in the higher end of our previously communicated range of $2.7 to $3.0 billion' - unchanged range, toward high end, counts as reaffirmed.
| Metric | Period | New | Prior (as stated in the release) |
|---|---|---|---|
| Adjusted EBITDA | FY2026 | higher end of $2.7–3.0 billion | $2.7–3.0 billion |
Next-quarter outlook:
| Metric | Period | Range |
|---|---|---|
| retail units sold | Q4 2026 | sequential increase (no figure given) |
From the release
Revenue: "Net sales and operating revenues · 8,040 · 5,647"
Earnings per share: "Basic and diluted net earnings per Class A share were $0.40 and $0.39, respectively"
Adjusted EBITDA: "Adjusted EBITDA 2 in the higher end of our previously communicated range of $2.7 to $3.0 billion for the full year 2026."
Quotes are copied from the filing; in table rows, cell borders are shown as “·”.
Key fact: Revenue rose 42% to a record $8.04 billion on record 217,385 retail units.
Source
Carvana Co. earnings release (SEC filing), accession 0001690820-26-000066, filed 2026-10-28.
Part of the Q3 2026 Guidance Tracker. Educational only, not advice. Free weekly recap every Sunday: yieldterminalpro.com/newsletter.