macro

CAR: third-quarter earnings soften, FY 2026 Adjusted EBITDA outlook near $850M

CAR's third-quarter revenue fell 2% and Adjusted EBITDA dropped 8%, with net income at $199M, according to TradingView.

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what happened

According to TradingView, CAR's third-quarter revenue declined 2% year over year, while Adjusted EBITDA fell 8%. Net income for the quarter came in at $199M.

The company's guidance for full-year 2026 Adjusted EBITDA is about $850M. Year-to-date Adjusted Free Cash Flow improved to $198M.

why it matters

Weaker quarterly figures weigh on sentiment around the stock, but the maintained annual guidance and the higher cash flow partly offset that picture. Investors will watch whether the company can hold its profitability in the coming quarters.

market impact

CAR shares: weak quarter pressures the stock, while guidance and cash flow provide partial support

  • CAR shares mixed — weaker EBITDA and revenue sit alongside higher free cash flow and an unchanged annual outlook

tags

instruments

CAR

sources

  1. CAR: Q3 earnings softened; FY 2026 Adjusted EBITDA outlook is ~$850M — TradingView, 3 November 2026 at 21:08 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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