Carvana Projects $2.7B-$3.0B Adjusted EBITDA in 2026 and Targets 13.5% Margin on 3M Cars by 2030-2035
Carvana (CVNA) reported strong performance for Q2 2026, selling nearly 200,000 cars and achieving a $3 billion adjusted EBITDA annual run rate. CEO Ernest Garcia highlighted the company's progress toward its long-term goals of reaching 13.5% margin on 3 million car sales by 2030-2035. The firm is projecting an adjusted EBITDA range of $2.7 billion to $3.0 billion for full-year 2026, signaling continued growth and operational improvements in the used-car market segment it serves. Carvana's current market share stands at just over 2%, but its aggressive expansion plans suggest a significant long-term opportunity. The company’s financial trajectory reflects confidence from management as well as strategic positioning within an evolving automotive retail landscape.
Tickers: $CVNA
Topics: automotive EBITDA used car market