Form 10-Q · Quarterly report

Carvana 10-Q, filed Oct 28, 2026

Filed
CIK
0001690820
Accession no.
0001690820-26-000067
AI-generated summary

Summary

Carvana reported that its third-quarter 2026 retail vehicle unit sales increased 39.4% year over year to 217,385, and retail vehicle sales revenue rose to $6.1 billion from $4.0 billion a year earlier. Carvana said it continues to prioritize efficient growth in retail units sold absent material changes in macroeconomic conditions.

Key points

  • Retail vehicle unit sales for the nine months ended September 30, 2026 increased 39.0% to 602,103 from 433,119 a year earlier.
  • As of September 30, 2026, Carvana's logistics network spanned 316 metropolitan statistical areas and served over 80% of the U.S. population.
  • Carvana had over 87,000 total website units for sale and estimated that 75% of the U.S. population was within 100 miles of an inspection and reconditioning center or auction site as of September 30, 2026.
  • Customers rated Carvana an average of 4.6 out of 5.0 from over 291,000 surveys on its website since inception.

Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.

From the filing

ITEM 2. MANAGEMENT'S DISCUSSION Overview Carvana is the leading e-commerce platform for buying and selling used cars. We are transforming the used car buying and selling experience by giving consumers what they want - a wide selection, great value and quality, transparent pricing, and a simple, no pressure transaction. Our differentiated business model combines a comprehensive online sales experience with a vertically integrated supply chain, designed to sell high-quality vehicles to our customers transparently and efficiently at a low price. …

An excerpt of the text as filed with the SEC, cut for length.

Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.

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