Retail
Carvana Co. reported strong Q2 FY2026 financial results with revenue surging 52.4% year-over-year to $7.38B and net income rising 69.4% to $310M, driven by a 37.7% increase in retail vehicle sales to 197,325 units.
Key risk: Balance Sheet Debt and Financial Leverage
Carvana maintains significant total liabilities of $9.41B, including $4.85B in long-term debt, resulting in a debt-to-equity ratio of 2.34. Substantial debt service obligations could limit future operational flexibility or increase borrowing costs if macroeconomic conditions tighten.
Other Automotive Retail companies