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Earnings Callsⓘ
Q3 2026May 25, 2026
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This quarter's results came in line with expectations, as ASP rose 4.6% offsetting the 2.4% decline in sales volume, with revenue growing 2.1% to $1.24 billion.
Revenue of $1.24 billion (+2.1%), EPS of $0.43 (+2.4%), and international revenue of $234 million (+14.1%).
International sales volume grew 5.9%, with significant contributions from the UK, Germany, and Canada; BluCar consignment rose 4%, Purple Wave GTV grew 25%, and the company launched US long-haul transportation services.
Management did not provide formal guidance but emphasized that the total loss frequency rose to 23.6%, long-term drivers remain unchanged, and year-to-date buybacks exceeded $1.6 billion.
Risk signals: US insurance unit sales declined 4.2% as consumers trimmed insurance coverage; the bright spots were pure auction share reaching an all-time high and robust international business.