earnings
confidence high
sentiment positive
materiality 0.85
Carvana Q2 record: 143k units (+41% YoY), net income $308M, Adj EBITDA $601M
CARVANA CO.
- Retail units sold 143,280 (+41% YoY), revenue $4.84B (+42% YoY).
- Net income $308M (margin 6.4%) vs $48M a year ago; GAAP op income $511M.
- Adjusted EBITDA $601M (12.4% margin), +70% YoY.
- Full year 2025 Adj EBITDA guidance raised to $2.0-2.2B from $1.38B in 2024.
- Expects sequential increase in retail units in Q3 2025.