Carvana (CVNA) official guidance
Carvana (CVNA) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.
See the full Filings Intelligence suiteCVNACARVANA CO.FY2026 · ends 2026-12-31
1 metricearnings call · 1d
2026-10-28 22:51:42 UTCin the higher end of our previously communicated range
Looking forward, we expect the following as long as the environment remains stable. A sequential increase in retail units sold and Adjusted EBITDA in the higher end of our previously communicated range of $2.7 billion-$3.0 billion for the full year 2026.
CVNA · transcript · Q3 FY2026
2026-10-28 22:51:00 UTCOpen source
2026-10-28 20:07:02 UTCin the higher end of our previously communicated range of $2.7 to $3.0 billion
Adjusted EBITDA1 in the higher end of our previously communicated range of $2.7 to $3.0 billion for the full year 2026.
CVNA · EX-99.2 · Q3 FY2026
2026-10-28 20:05:55 UTCOpen source
2026-07-30 04:00:53 UTC$2.7B – $3Bmaintained
Two, adjusted EBITDA of $2.7 billion-$3.0 billion for the full year 2026, an increase from $2.24 billion last year.
CVNA · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-07-29 20:06:15 UTC$2.7B – $3Bnew
Adjusted EBITDA1 of $2.7 - $3.0 billion for the full year 2026, an increase from $2.24 billion last year.
CVNA · EX-99.2 · Q2 FY2026
2026-07-29 20:05:47 UTCOpen source
CVNACARVANA CO.Q4 FY2026 · ends 2026-12-31
1 metricearnings call · 1d
2026-10-28 22:51:42 UTCsequential increase
Looking forward, we expect the following as long as the environment remains stable. A sequential increase in retail units sold and Adjusted EBITDA in the higher end of our previously communicated range of $2.7 billion-$3.0 billion for the full year 2026.
CVNA · transcript · Q3 FY2026
2026-10-28 22:51:00 UTCOpen source
2026-10-28 20:07:02 UTCA sequential increase in retail units soldnew
A sequential increase in retail units sold, and
CVNA · EX-99.2 · Q3 FY2026
2026-10-28 20:05:55 UTCOpen source
CVNACARVANA CO.FY2035+ · ends 2035-12-31
2 metrics2 maintainedearnings call · 2026-07-30 04:00:53 UTC
2026-07-30 04:00:53 UTC13.5%maintained
Our midterm goal is to build this machine to sell 3 million cars per year at 13.5% adjusted EBITDA margin by 2030 to 2035.
CVNA · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-04-30 04:00:53 UTC13.5%maintained
We remain firmly on the path of achieving our mission of changing the way people buy and sell cars and to selling 3 million cars per year at a 13.5% adjusted EBITDA margin by 2030-2035.
CVNA · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-02-19 05:01:20 UTC13.5%maintained
With every step, our path to our current goal of 3 million retail units a year and 13.5% adjusted EBITDA margin becomes clearer, and this year was a big step.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
2026-02-18 21:06:43 UTC13.5%maintained
We remain firmly on track to our goal of selling 3 million retail units a year at a 13.5% Adjusted EBITDA margin by 2030 to 2035.
CVNA · EX-99.2 · Q4 FY2025
2026-02-18 21:05:46 UTCOpen source
2025-10-30 04:01:05 UTC13.5%new
Q3 was another large step on the path to achieving our current goal of selling 3 million cars at a 13.5% adjusted EBITDA margin in the next 5 to 10 years.
CVNA · transcript · Q3 FY2025
2025-10-30 04:00:00 UTCOpen source
2026-07-30 04:00:53 UTC3Mmaintained
Our midterm goal is to build this machine to sell 3 million cars per year at 13.5% adjusted EBITDA margin by 2030 to 2035.
CVNA · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-04-30 04:00:53 UTC3Mmaintained
We remain firmly on the path of achieving our mission of changing the way people buy and sell cars and to selling 3 million cars per year at a 13.5% adjusted EBITDA margin by 2030-2035.
CVNA · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-02-19 05:01:20 UTC3Mmaintained
With every step, our path to our current goal of 3 million retail units a year and 13.5% adjusted EBITDA margin becomes clearer, and this year was a big step.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
2026-02-18 21:06:43 UTC3Mmaintained
We remain firmly on track to our goal of selling 3 million retail units a year at a 13.5% Adjusted EBITDA margin by 2030 to 2035.
CVNA · EX-99.2 · Q4 FY2025
2026-02-18 21:05:46 UTCOpen source
2025-10-30 04:01:05 UTC3Mnew
Q3 was another large step on the path to achieving our current goal of selling 3 million cars at a 13.5% adjusted EBITDA margin in the next 5 to 10 years.
CVNA · transcript · Q3 FY2025
2025-10-30 04:00:00 UTCOpen source
CVNACARVANA CO.Q3 FY2026 · ends 2026-09-30
2 metrics1 newearnings call · 2026-07-30 04:00:53 UTC
2026-07-30 04:00:53 UTCa sequential increase
One, a sequential increase in retail units sold in Q3 compared to Q2.
CVNA · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
2026-07-29 20:06:15 UTCA sequential increase in retail units sold in Q3 compared to Q2new
A sequential increase in retail units sold in Q3 compared to Q2,
CVNA · EX-99.2 · Q2 FY2026
2026-07-29 20:05:47 UTCOpen source
2026-07-30 04:00:53 UTCmore in line with retail unit growthnew
We expect revenue growth to be more in line with retail unit growth in Q3.
CVNA · transcript · Q2 FY2026
2026-07-30 04:00:00 UTCOpen source
CVNACARVANA CO.FY2026 · ends 2026-12-31
1 metricearnings call · 2026-04-30 04:00:53 UTC
2026-04-30 04:00:53 UTCsignificant growth
We remain on track to deliver significant growth in both retail units sold and adjusted EBITDA in full year 2026.
CVNA · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-04-29 20:06:36 UTCsignificant growth in Adjusted EBITDA
The company remains on track to deliver significant growth in both retail units sold and Adjusted EBITDA1 in FY 2026.
CVNA · EX-99.2 · Q1 FY2026
2026-04-29 20:05:54 UTCOpen source
2026-02-19 05:01:20 UTCsignificant growth
Looking forward, assuming the environment remains stable, we expect significant growth in both retail units sold and Adjusted EBITDA in full year 2026.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
2026-02-18 21:06:43 UTCsignificant growthnew
Looking forward, Carvana expects significant growth in both retail units sold and Adjusted EBITDA3 in full year 2026, including a sequential increase in both retail units sold and Adjusted EBITDA3 in Q1 2026, assuming the environment remains stable.
CVNA · EX-99.2 · Q4 FY2025
2026-02-18 21:05:46 UTCOpen source
CVNACARVANA CO.Q2 FY2026 · ends 2026-06-30
1 metricearnings call · 2026-04-30 04:00:53 UTC
2026-04-30 04:00:53 UTCa sequential increase, leading to an all-time company record
Looking toward Q2 and assuming the environment remains stable, we expect a sequential increase in both retail units sold and adjusted EBITDA, leading to all-time company records on both metrics.
CVNA · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-04-29 20:06:36 UTCa sequential increase in Adjusted EBITDA, leading to all-time company records on both metricsnew
Looking toward the second quarter and assuming the environment remains stable, Carvana expects a sequential increase in both retail units sold and Adjusted EBITDA1, leading to all-time company records on both metrics.
CVNA · EX-99.2 · Q1 FY2026
2026-04-29 20:05:54 UTCOpen source
CVNACARVANA CO.FY2026 · ends 2026-12-31
1 metricearnings call · 2026-04-30 04:00:53 UTC
2026-04-30 04:00:53 UTCsignificant growth
We remain on track to deliver significant growth in both retail units sold and adjusted EBITDA in full year 2026.
CVNA · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-04-29 20:06:36 UTCsignificant growth in retail units sold
The company remains on track to deliver significant growth in both retail units sold and Adjusted EBITDA1 in FY 2026.
CVNA · EX-99.2 · Q1 FY2026
2026-04-29 20:05:54 UTCOpen source
2026-02-19 05:01:20 UTCsignificant growth
Looking forward, assuming the environment remains stable, we expect significant growth in both retail units sold and Adjusted EBITDA in full year 2026.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
2026-02-18 21:06:43 UTCsignificant growthnew
Looking forward, Carvana expects significant growth in both retail units sold and Adjusted EBITDA3 in full year 2026, including a sequential increase in both retail units sold and Adjusted EBITDA3 in Q1 2026, assuming the environment remains stable.
CVNA · EX-99.2 · Q4 FY2025
2026-02-18 21:05:46 UTCOpen source
CVNACARVANA CO.Q2 FY2026 · ends 2026-06-30
1 metricearnings call · 2026-04-30 04:00:53 UTC
2026-04-30 04:00:53 UTCa sequential increase, leading to an all-time company record
Looking toward Q2 and assuming the environment remains stable, we expect a sequential increase in both retail units sold and adjusted EBITDA, leading to all-time company records on both metrics.
CVNA · transcript · Q1 FY2026
2026-04-30 04:00:00 UTCOpen source
2026-04-29 20:06:36 UTCa sequential increase in retail units sold, leading to all-time company records on both metricsnew
Looking toward the second quarter and assuming the environment remains stable, Carvana expects a sequential increase in both retail units sold and Adjusted EBITDA1, leading to all-time company records on both metrics.
CVNA · EX-99.2 · Q1 FY2026
2026-04-29 20:05:54 UTCOpen source
CVNACARVANA CO.Q1 FY2026 · ends 2026-03-31
4 metrics3 newearnings call · 2026-02-19 05:01:20 UTC
2026-02-19 05:01:20 UTCa sequential increase
Including a sequential increase in both retail units sold and Adjusted EBITDA in Q1 2026.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
2026-02-18 21:06:43 UTCa sequential increasenew
Looking forward, Carvana expects significant growth in both retail units sold and Adjusted EBITDA3 in full year 2026, including a sequential increase in both retail units sold and Adjusted EBITDA3 in Q1 2026, assuming the environment remains stable.
CVNA · EX-99.2 · Q4 FY2025
2026-02-18 21:05:46 UTCOpen source
2026-02-19 05:01:20 UTCup on a year-over-year basisnew
We do expect those cost dynamics to play out in Q1 as well, and do expect, you know, our non-vehicle costs to be up on a year-over-year basis in Q1.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
2026-02-19 05:01:20 UTCelevatednew
So by non-vehicle costs, we mean, not the acquisition cost of the vehicle, which is, you know, the largest portion of cost of sales. But then there's, you know, a number of other non-vehicle costs, like reconditioning and inbound transport being, you know, two primary examples. And so then just, you know, just to go back, I think Ernie hit this earlier in the call, but, recon costs in Q4, you know, were elevated. We expect them to be elevated in Q1.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
2026-02-19 05:01:20 UTCa sequential increasenew
Despite that, we expect a sequential increase in retail GPU in Q1. So we expect to overcome those cost headwinds and demonstrate a sequential increase.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
CVNACARVANA CO.FY2030+ · ends 2030-12-31
1 metric1 newearnings call · 2026-02-19 05:01:20 UTC
2026-02-19 05:01:20 UTC38%new
On units, we grew by 43% in 2025, meaning that the compounding annual growth rates necessary to hit our 2030-2035 retail unit goal are now 38% and 18% respectively.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
CVNACARVANA CO.FY2035+ · ends 2035-12-31
1 metric1 newearnings call · 2026-02-19 05:01:20 UTC
2026-02-19 05:01:20 UTC18%new
On units, we grew by 43% in 2025, meaning that the compounding annual growth rates necessary to hit our 2030-2035 retail unit goal are now 38% and 18% respectively.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
CVNACARVANA CO.Q1 FY2026 · ends 2026-03-31
1 metricearnings call · 2026-02-19 05:01:20 UTC
2026-02-19 05:01:20 UTCa sequential increase
Including a sequential increase in both retail units sold and Adjusted EBITDA in Q1 2026.
CVNA · transcript · Q4 FY2025
2026-02-19 05:00:00 UTCOpen source
2026-02-18 21:06:43 UTCa sequential increasenew
Looking forward, Carvana expects significant growth in both retail units sold and Adjusted EBITDA3 in full year 2026, including a sequential increase in both retail units sold and Adjusted EBITDA3 in Q1 2026, assuming the environment remains stable.
CVNA · EX-99.2 · Q4 FY2025
2026-02-18 21:05:46 UTCOpen source
CVNACARVANA CO.Q4 FY2025 · ends 2025-12-31
1 metric1 newearnings call · 2025-10-30 04:01:05 UTC
2025-10-30 04:01:05 UTCsimilar to slightly highernew
The outlook that we gave for advertising expenses on a dollar basis for it to be similar in Q4 to this Q3, maybe slightly higher, but similar to slightly higher.
CVNA · transcript · Q3 FY2025
2025-10-30 04:00:00 UTCOpen source
CVNACARVANA CO.FY2025 · ends 2025-12-31
1 metricearnings call · 2025-10-30 04:01:05 UTC
2025-10-30 04:01:05 UTCat least $2.2B
Looking toward the fourth quarter, we expect the following as long as the environment remains stable: retail units sold above 150,000 and adjusted EBITDA at or above the high end of our previously communicated range of $2 billion-$2.2 billion for the full year 2025.
CVNA · transcript · Q3 FY2025
2025-10-30 04:00:00 UTCOpen source
2025-10-29 20:06:35 UTCat least $2.2Bnew
•Adjusted EBITDA at or above the high end of its previously communicated range of $2.0 to $2.2 billion for the full year 20252
CVNA · EX-99.2 · Q3 FY2025
2025-10-29 20:06:00 UTCOpen source
CVNACARVANA CO.Q4 FY2025 · ends 2025-12-31
1 metric1 newearnings call · 2025-10-30 04:01:05 UTC
2025-10-30 04:01:05 UTCsomething much more like Q4 2024 rather than Q3 2025new
Other GPU in Q4, we think will end up looking something much more like Q4 2024 rather than Q3 2025. I think that's something we feel really great about.
CVNA · transcript · Q3 FY2025
2025-10-30 04:00:00 UTCOpen source