Substantial Growth in Retail Unit Sales
Retail vehicle unit sales reached 197,325 during Q2 FY2026, representing a 37.7% increase compared to 143,280 units in Q2 FY2025, supported by expanding inventory selection and AI-enabled customer tools.
CARVANA CO. is expected to release its Q3 2026 10-Q filing on October 27, 2026. Last quarter: 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.
EPS Estimate
$0.43
Revenue Estimate
$7.44B
Analyst consensus from Finnhub. Actual results posted within minutes of the SEC filing on the CVNA page.
Drawn from management commentary in the Q2 2026 10-Q:
Retail vehicle unit sales reached 197,325 during Q2 FY2026, representing a 37.7% increase compared to 143,280 units in Q2 FY2025, supported by expanding inventory selection and AI-enabled customer tools.
Total net revenue grew 52.4% YoY to $7.38B in Q2 FY2026, driven by retail vehicle sales of $5.51B (+61.7%), wholesale sales of $1.34B (+31.2%), and other revenues from loan sales and complementary products of $526M (+28.0%).
Total gross profit per unit reached $7,014 ($7,125 non-GAAP) in Q2 FY2026 compared to $7,426 ($7,580 non-GAAP) in Q2 FY2025, while retail vehicle gross profit per unit was $3,547 compared to $3,636 in the prior-year period.
Revenue
$7.38B
+52.40% YoY
Gross Margin
18.8%
-3.2 pts YoY
Operating Income
$680M
+33.07% YoY
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