Carvana Targets 3 Million Annual Units and 13.5% EBITDA Margin by 2026
During the Q3 2026 earnings call, Carvana (CVNA) management outlined an ambitious long-term growth strategy aimed at scaling operations significantly. CEO Ernest Garcia stated that the company is focused on building a scalable infrastructure capable of delivering 3 million vehicle units per year while maintaining an adjusted EBITDA margin of 13.5%. The company reported reaching a significant milestone this quarter, recording over 200,000 sales for the first time. Looking ahead to full-year 2026, Carvana expects its adjusted EBITDA to fall within the higher end of a $2.7 billion to $3.0 billion range.
Tickers: $CVNA
Topics: EBITDA margin growth targets quarterly earnings sales volume