Carvana CEO Outlines Path to 13.5% EBITDA Margin by 2030–2035
Carvana reported record first-quarter earnings in 2026, surpassing Wall Street expectations on revenue, profit, and vehicle sales. CEO Ernie Garcia reaffirmed the company's goal of achieving a 13.5% adjusted EBITDA margin by 2030–2035, signaling confidence in future profitability. The company expects continued growth in both sales and profit in the second quarter.
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Topics: Carvana CEO statement EBITDA margins profitability goals Q1 earnings