Impressive Growth Metrics: Carvana reported a 41% year-over-year growth in retail units sold, totaling 143,280 in Q2 2025. Revenue surged to $4.84 billion, marking a 42% increase. This significant growth outpaced the overall market growth of less than 5%, demonstrating Carvana's expanding market presence.

Record Profitability Achievements: The company achieved record metrics in several profitability measures: adjusted EBITDA rose by 71% to $601 million, with a margin of 12.4%, and net income reached $308 million, an increase of $260 million year-over-year. This performance confirms Carvana's efficient operations and effective cost management strategies.

Operational Efficiency Gains: Non-GAAP retail GPU (gross profit per unit) increased by $195 due to reductions in reconditioning and inbound transport costs. The company also demonstrated better operational efficiencies as evidenced by a $460 reduction in non-GAAP SG&A expense per retail unit sold, facilitating growth alongside profitability.