Dear Shareholders, Exhibit 99.1 The second quarter was another exciting quarter for Carvana. We hit records in every key financial metric, with the scalability and leverage of our model really shining through. We sold over 143,000 retail units, an increase of 41% year- over-year. We achieved over $300 million in Net income and over$600 million in Adjusted EBITDA, an Adjusted EBITDA increase of ~70% year-over-year. And we generated over $500 million of GAAP Operating income, an industry-leading figure that ...