Petaling Jaya, 3 September 2026 – CARSOME Group Inc. (“CARSOME” or the “Group”), Southeast Asia’s largest integrated car e-commerce platform, today reported financial results for the second quarter and first half ended June 30, 2026. The Group sold 35,903 units in the quarter, up 11% from a year earlier, and delivered quarterly EBITDA of over ~MYR 33 million (USD 8.3 million), an increase of 38% YoY – its highest quarterly EBITDA to date and its tenth straight profitable quarter.
Total quarterly gross profit rose 15% YoY to ~MYR 175 million (USD 43.8 million), growing faster than units as a higher share of transactions included retail and financing services. EBITDA grew even faster than gross profit, reflecting operating leverage across the Group’s cost base as volumes scaled.
Eric Cheng, Co-Founder and Group CEO of CARSOME, said, “Q2 delivered what we set out at the start of the year. We sold 11% more cars, grew gross profit by 15%, and grew EBITDA by 38%. Each line growing faster than the one before is what operating leverage looks like in practice. Ten consecutive quarters of positive EBITDA gives us a strong foundation, and we remain focused on scaling the business sustainably and capturing the opportunity ahead in Southeast Asia’s used-car market.”
Operational Review
During the quarter, the Group continued to expand its operational footprint. In Malaysia, CARSOME opened three new locations in Sg. Petani, Bukit Tinggi in Klang, and Sg. Buloh, bringing its presence to 55 inspection centres and showrooms nationwide. In Indonesia, CARSOME opened four new locations in Greater Jakarta, bringing its total presence in the area to 10 inspection centres and showrooms nationwide. The Group also partnered with Suzuki Cars Malaysia as its exclusive official trade-in partner, further expanding its retail and trade-in reach in Malaysia.
Priorities
“Our priorities for the remainder of the year are the same three we set out at the start,” Cheng added. “Growing transactions, expanding unit economics, and demonstrating operating leverage. We remain focused on executing against all three with discipline and building on the progress we’ve made so far this year.”
About The Author
