Carvana Co. (CVNA)

The company now

Carvana reported third-quarter 2026 revenue of $8.04 billion, up 42 percent, on 217,385 retail units sold, up 39 percent 16. Net income was $483 million 1.

Profit on each car sold fell: total gross profit per unit was $6,997, down $365 from a year earlier 2. The company named lower loan rates for customers and lower wholesale profit, and put the hit from fuel prices and rising benchmark interest rates at about $200 per unit 2.

Adjusted EBITDA, a profit measure that leaves out interest, taxes and some non-cash items, was $800 million, a 10.0 percent margin against 11.3 percent a year earlier 2. For the fourth quarter, the company expects retail units to rise from the third and full-year Adjusted EBITDA at the higher end of its $2.7 to $3.0 billion range 1.

The SEC told the company in September 2026 that it had concluded an investigation, which the company believes primarily related to a short seller's report, and did not intend to recommend an enforcement action 3. Beginning with the fourth-quarter 2026 call, the company plans to stop giving quarterly or annual outlooks 2.

As of Nov 3, 2026. Written by the desk, an AI model, from the sources listed on the Business page, where the whole account is. Nothing here is advice.