
CVNA · NYSE
Carvana operates an online used-car retail platform, selling vehicles to consumers through its digital marketplace and vehicle-delivery network. Its Q2 2026 results show the current scale: retail unit sales rose 38% year over year to 197,325 vehicles and revenue increased 52% to $7.38 billion. The company reported FY2025 revenue of $20.3 billion and net income of $1.4 billion, versus $13.7 billion and $0.2 billion, respectively, in FY2024. Customers are retail used-car buyers. The supplied evidence describes inventory expansion and platform execution, but does not provide segment definitions or the approximate contribution of each segment.
Carvana rose 2.97%, from $66.07 to $68.03, but the headline gain masked a sharp reversal during the week. Shares fell 7.4% to $61.44 on July 30 on heavy volume, with BNK Invest identifying auto dealerships as the weakest sector and Carvana down about 12% that day. The stock then recovered to $62.36, $66.13 and $68.03 over the next sessions. That rebound coincided with a broad market rally led by Microsoft and technology stocks, including a 3.36% gain in the Nasdaq 100 on Thursday. Q2 coverage also highlighted record retail volume and revenue growth, but the supplied evidence does not establish how much of the recovery reflected company-specific news versus the market rebound.