- Research
- Company trackers
- Carvana
Carvana tracker
Everything Carvana is building, from same-day delivery and new cars to its ADESA sites, plus cars sold and sales by type quarter by quarter, results and the latest news.
Sales by type
Most of Carvana’s money comes from selling used cars to the public. It also sells cars to dealers at its ADESA auctions, and earns from loans, warranties and similar add-ons.
Jul–Sep 2026
- Cars sold to the public+54% on a year ago$6.14bn76%
- Cars sold to dealers (ADESA)+11% on a year ago$1.30bn16%
- Loans, warranties and other+25% on a year ago$594m7%
The last five quarters
| Q3 2025Jul–Sep 2025 | Q4 2025Oct–Dec 2025 | Q1 2026Jan–Mar 2026 | Q2 2026Apr–Jun 2026 | Q3 2026Jul–Sep 2026 | |
|---|---|---|---|---|---|
| Cars sold to the public | $4.00bn | $4.16bn | $4.83bn | $5.51bn | $6.14bn |
| Cars sold to dealers (ADESA) | $1.18bn | $988m | $1.08bn | $1.34bn | $1.30bn |
| Loans, warranties and other | $474m | $459m | $526m | $526m | $594m |
From Carvana’s quarterly letters, in $m. Sources: Q3 2025, Q4 2025, Q1 2026, Q2 2026, Q3 2026
Q3 2026 results
Published 28 Oct 2026. Carvana sold a record 217,385 cars, up 39%, while the wider US car market was flat. Sales rose 42% to $8.04bn and net income was $483m, 6% of sales. It expects to sell more cars in Oct–Dec than in Jul–Sep.
In brief
- A record 217,385 cars sold to the public, up 39%, its first quarter over 200,000.
- Sales of $8.04bn, up 42%.
- Net income of $483m, of which $289m belongs to Carvana Co. shareholders. It took a $53m charge for paying off debt early.
- Gross profit per car fell $365 to $6,997, partly because of higher fuel costs and interest rates.
- Two more ADESA sites now prepare cars, 21 in all; three bigger rebuilds start work in 2027.
- Expects adjusted profit (EBITDA) for 2026 at the top end of $2.7bn to $3.0bn. From 2027 it will stop giving forecasts.
Against a year ago (Q3 2025)
| Q3 2025 | Q3 2026 | Change | |
|---|---|---|---|
| Cars sold to the public | 155,941 | 217,385 | up +39% |
| Sales | $5.65bn | $8.04bn | up +42% |
| Gross profit | $1.15bn | $1.52bn | up +32% |
| Operating profit | $552m | $714m | up +29% |
| Net income | $263m | $483m | up +84% |
Red and green show whether a change is good or bad for Carvana, so more spending shows in red.
Cars sold to the public
Sales
Net income is for the whole group; $289m of the $483m belongs to Carvana Co. shareholders. Carvana Q3 2026 letter, 28 Oct 2026
Products and progress
Where each Carvana product has got to, from first announcement to widely available. Checked against Carvana’s Q3 2026 letter (28 Oct 2026) and announcements.
Cars
-
Buy a used car online Widely available
217,385 cars sold in Jul–Sep 2026, a record and up 39%
Pick a car on Carvana.com or the app, finance it and have it delivered or collect it. About 2% of the US used car market. Carvana Q3 2026 letter
-
Sell or trade in your car Widely available
60% of sellers finish without speaking to anyone before pickup (Q4 2025)
An instant online offer for your car, then Carvana collects it or you drop it off. Carvana Q4 2025 letter
-
New cars on Carvana.com Early rollout
New Chrysler, Dodge, Jeep and Ram cars from its 7 dealerships, added in 2026
Carvana owns seven Stellantis dealerships and now sells their new cars through its website, using the systems it built for used cars. Carvana Q3 2026 letter
-
Dallas test-drive centre Early rollout
Opened in the week of 15 Jun 2026
A self-service centre where buyers can look at and drive new Chrysler, Dodge, Jeep and Ram cars. Auto Finance News, 17 Jun 2026
Money
-
Car loans Widely available
Loan rates cut by over 1 percentage point against benchmark rates in two years
Carvana lends to its buyers and sells the loans on. Loans, warranties and similar add-ons make up its "other" sales. Carvana Q3 2026 letter
Delivery
-
Same-day delivery Early rollout
In select areas of more than 20 states; Los Angeles added 11 Mar 2026
Order online and get the car the same day. Sellers in those areas can also get same-day pickup. Carvana news release, 11 Mar 2026
-
Car vending machines Widely available
Same-day pickup from two vending machines in the Los Angeles area (Mar 2026)
Glass towers where buyers collect their car. The first opened in Nashville in 2015. Carvana news release, 11 Mar 2026
Capacity
-
Car prep at ADESA auction sites Early rollout
21 sites now prepare cars for sale, after 2 more in Jul–Sep 2026
Carvana adds its inspection and repair lines to ADESA auction sites it owns, so it can get more cars ready to sell. Carvana Q3 2026 letter
-
Full ADESA site buildouts In development
3 under construction, all due to start work in 2027
Bigger rebuilds of ADESA sites. Carvana expects each to cost $30m to $35m and add room for about 40,000 cars a year. Carvana Q3 2026 letter
-
Room for 3 million cars a year In development
Built out for about 1.5 million cars a year; land for 3 million
Carvana’s goal is to sell 3 million cars a year. From 2027 it will aim for a 12.5% operating margin on that, between 2030 and 2035. Carvana Q3 2026 letter
Wholesale
-
ADESA Clear online auctions Widely available
Nationwide; one car was bought, listed and sold to a dealer in 11 hours (Q1 2026)
Online auctions that sell trade-ins and other cars to dealers, run fully by ADESA. Carvana Q1 2026 letter
-
ADESA Timed Early rollout
Launched 10 Jun 2026
Lets banks, fleets, rental firms and dealer groups list their own cars in ADESA’s timed online auctions. ADESA news release, 10 Jun 2026
Technology
-
AI customer help Early rollout
Over 30% of buyers and 60% of sellers finish without speaking to a person (Q4 2025)
Carvana’s own AI system, built on several AI models and its own data, answers customers and helps its staff. Carvana Q4 2025 letter
-
CARLI tools for the workshops Testing
In use at 5 production sites in June 2026, more to follow
Carvana’s own software, including a "Roll Call" app, that helps managers plan staff and spot hold-ups. Carvana Q2 2026 letter
What’s new
- Filing Quarterly report SEC,
- Filing Company announcement: results or delivery report SEC,
- Filing Thomas Taira: sold 5,597 shares ($363,805) SEC,
- Filing Notice of a planned share sale SEC,
- Filing Ryan S. Keeton: shares kept back for tax 2,883 shares SEC,
- Filing Ernest C. Iii Garcia: shares kept back for tax 7,067 shares SEC,
- Filing Stephen R Palmer: sold 5,000 shares ($308,203) SEC,
- Filing Benjamin E. Huston: shares kept back for tax 7,016 shares SEC,
- Filing Paul W. Breaux: shares kept back for tax 4,453 shares SEC,
- Filing Mark W. Jenkins: sold 63,750 shares ($3.9m) SEC,
- Filing Daniel J. Gill: shares kept back for tax 7,707 shares SEC,
- Filing Thomas Taira: shares kept back for tax 3,948 shares SEC,
- Filing Michael E Maroone: bought 25,000 shares ($1.5m) SEC,
- Filing Notice of a planned share sale SEC,
The last 30 days. Headlines link to the full stories on the publishers’ own sites.
Numbers
Sales each quarter
Net profit each quarter
| Quarter | Months | Sales | Net profit |
|---|---|---|---|
| Q3 2026 | Jul–Sep 2026 | $8.04bn | $289m |
| Q2 2026 | Apr–Jun 2026 | $7.38bn | $310m |
| Q1 2026 | Jan–Mar 2026 | $6.43bn | $250m |
| Q4 2025 | Oct–Dec 2025 | $5.60bn | $857m |
| Q3 2025 | Jul–Sep 2025 | $5.65bn | $151m |
| Q2 2025 | Apr–Jun 2025 | $4.84bn | $183m |
| Q1 2025 | Jan–Mar 2025 | $4.23bn | $216m |
From Carvana’s results filed with the SEC; newer quarters appear automatically, with the business split added after each report is checked.
Directors’ share deals
Directors and senior staff must tell the SEC within two business days when they buy, sell or are given shares.
| Reported | Who | What happened |
|---|---|---|
| 13 Oct 2026 | Thomas TairaPresident, Special Projects | Sold 5,597 shares at $65.00 ($363,805) |
| 5 Oct 2026 | Ryan S. KeetonChief Brand Officer | Shares kept back for tax 2,883 shares |
| 5 Oct 2026 | Ernest C. Iii GarciaChief Executive Officer, Director, Owns over 10% | Shares kept back for tax 7,067 shares |
| 5 Oct 2026 | Stephen R PalmerVice President of Accounting | Shares kept back for tax 3,021 shares Sold 5,000 shares at $61.64 ($308,203) |
| 5 Oct 2026 | Benjamin E. HustonChief Operating Officer | Shares kept back for tax 7,016 shares |
| 5 Oct 2026 | Paul W. BreauxSee Remarks | Shares kept back for tax 4,453 shares |
| 5 Oct 2026 | Mark W. JenkinsChief Financial Officer | Shares kept back for tax 7,016 shares Used options 63,750 shares Sold 63,750 shares at $61.64 ($3.9m) |
| 5 Oct 2026 | Daniel J. GillChief Product Officer | Shares kept back for tax 7,707 shares |
From Form 4 filings on SEC EDGAR. ‘Used options’ means turning share options into shares; it is not a purchase on the market.
Share price
Open the full chartChart by TradingView. Prices may be delayed. This page is not investment advice.
Timeline
- Oct 2026Sells over 200,000 cars in a quarter for the first time.
- Jun 2026Opens a test-drive centre for new cars in Dallas.
- Feb 2024Buys its first new car dealership, in Casa Grande, Arizona.
- May 2022Buys the ADESA US car auction business.
- Apr 2017Lists its shares on the New York Stock Exchange.
- Nov 2015Opens its first car vending machine, in Nashville.
- 2013Starts selling cars online, first in Atlanta.
On X
Posts worth seeing will be added here. Meanwhile, these are the accounts to follow:
- @Carvana Carvana’s main account
What do you think?
Share your view on Carvana with other ChartsView members.
Start a Carvana thread on the forumWhere this comes from
- US filings, results and insider deals: SEC EDGAR
- Sales by type and cars sold: Carvana’s quarterly letters
- Headlines: TechCrunch
- Products, cities and timeline: checked by ChartsView against the company’s own reports, last on 28 Oct 2026.
All sources are free and public. Data is collected each morning and refreshed through the day. This page is for information only and is not investment advice.
ChartsView is independent and is not connected with, or endorsed by, Carvana Co. The company’s name is used only to say who this page is about.