Carvana Q2 2026: record 197k units sold, net income $513M, raises FY EBITDA guidance to $2.7-3.0B

CARVANA CO.

Retail units sold 197,325 (+38% YoY); revenue $7.376B (+52% YoY); both all-time quarterly records.
Net income $513M (margin 7.0%); Adjusted EBITDA $769M (margin 10.4%); both records.
GAAP operating income $680M (+$169M YoY); EPS diluted $0.42 (assuming full conversion 1.127B shares).
FY2026 Adjusted EBITDA guidance raised to $2.7-3.0B (from $2.24B in 2025); expects sequential Q3 unit increase.
10th consecutive quarter of industry-leading growth and profitability; market share 1.5% of US auto retail.

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