FINHUB Insights

CVNA · Q2 FY26 · Apr 1 – Jun 30, 2026

Carvana Q2 FY26: where the revenue came from and where it went

Carvana Q2 FY26: revenue $7.4B (+52% year over year). Net profit $0.3B. Largest cohort Used Vehicle Sales $5.5B. The whole income statement as a sankey diagram from the SEC filing.

Period
Apr 1 – Jun 30, 2026
Reported
Jul 29, 2026 10-Q
Sankey diagram of Carvana's income statement for Q2 FY26: revenue of $7.4 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$7.4B +52% year over year
Gross profit$1.4B 19% margin
Operating profit$0.7B 9% margin
Net profit$0.3B 4% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jun 30, 2026).
ItemValueShare of revenueYear over year
Revenue 7.4 100% +52%
Used Vehicle Sales 5.5 74% +62%
Wholesale Sales and 1.3 18% +31%
Product and Service Other 0.5 7% +28%
Cost of revenue−681%
Gross profit1.419% margin−3pp
SG&A−0.710%−2pp
Operating profit0.79% margin−1pp
Tax−0.1
Interest & other costs−0.3
Net profit0.34%+0pp
Filing on EDGAR More quarters of CVNA

Source of the numbers: structured XBRL data from the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters