Carvana Co. (CVNA) Tops Q1 EPS by 13c, Beats on Revenue

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Carvana Announces Record First Quarter 2026 Results

April 29, 2026 4:05 PM EDT

Record 187k retail units drive industry-leading 40% YoY growth

Record Q1 Net Income of $405 Million; Net Income margin of 6.3%

Record Adjusted EBITDA of $672 Million; industry-leading 10.4% Adjusted EBITDA margin

Expects sequential increase in retail units sold and Adjusted EBITDA1 in Q2 2026, leading to all-time company records on both metrics

PHOENIX--(BUSINESS WIRE)-- Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars, today announced financial results for the quarter ended March 31, 2026. Carvanas complete... More