Carvana’s Q2 revenue soared to $7.38 billion, smashing last year’s numbers and beating analyst expectations—driven by over 197,000 cars sold and a 10% jump in average revenue per car. But investors reacted sharply to weaker-than-expected full-year EBITDA guidance, sending the stock down 15%. While the company’s signature vending-machine model continues to drive strong growth, the profit outlook has raised eyebrows, revealing a complex picture of expansion versus earnings sustainability.
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