Carvana Q2 revenue rises 52% to $7.4 billion; net income attributable to Carvana rises to $310 million
Carvana reported second-quarter 2026 results for the period ended June 30, 2026, with net sales and operating revenues of $7.376 billion, up 52% from a year earlier. Net income attributable to Carvana Co. was $310 million, compared with $183 million, and the company sees full-year 2026 Adjusted EBITDA of $2.7 billion to $3.0 billion, compared with $2.24 billion in 2025. Adjusted EBITDA margin fell to 10.4% from 12.4%, and Total gross profit per unit declined year over year.
Key points
- Net sales and operating revenues were $7.376 billion in Q2 2026, up 52.4% from $4.840 billion in Q2 2025.
- Retail vehicle unit sales were 197,325, up 37.7% from 143,280 a year earlier.
- Net income attributable to Carvana Co. was $310 million, or $0.42 diluted EPS for Class A shares, compared with $183 million and $0.26 a year earlier.
- The company expects full-year 2026 Adjusted EBITDA of $2.7 billion to $3.0 billion, an increase from $2.24 billion in 2025, and a sequential rise in Q3 retail units sold.
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 29, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.