Camping World Holdings Sets Q2 2025 Revenue Record with 30% Net Income and EBITDA Growth.

Camping World Holdings reported Q2 2025 results with a 30% increase in both net income and adjusted EBITDA, driven by strong cost execution and a record quarterly volume of over 45,000 units. Total revenue rose 9.4% to $2.0 billion, with unit sales up 20.7% year-over-year. The company expects further operational efficiencies and potential market share growth to over 20% in the medium term.

Camping World Holdings, Inc. (CWH) reported robust second-quarter 2025 results, with net income and adjusted EBITDA surging by 30% each, driven by strong cost execution and a record quarterly volume of over 45,000 units. Total revenue rose by 9.4% to $2.0 billion, with unit sales increasing by 20.7% year-over-year [1].

The company's performance was underpinned by a 20.9% increase in new vehicle unit sales and a 20.4% rise in used vehicle unit sales. This significant growth in sales volume was accompanied by a 10.6% decrease in the average selling price of new vehicles and a 1.2% drop in the average selling price of used vehicles. Despite these price declines, gross profit increased by 8.1% to $592.3 million, driven by higher used vehicle gross profit and improved finance and insurance (F&I) gross profit [2].

Camping World Holdings attributed its strong performance to aggressive cost controls and inventory management. The company reduced its headcount by over 900 employees and consolidated 16 locations, resulting in improved per-rooftop productivity. Additionally, the company expects to benefit from the passage of the One Big Beautiful Bill Act, which provides immediate deductibility of floorplan interest expense on travel trailers and fifth wheels, potentially saving $15 to $20 million annually in 2025 [2].

Looking ahead, Camping World Holdings expects further operational efficiencies and potential market share growth to over 20% in the medium term. The company's guideposts for the full year remain largely unchanged, with new unit volume expected to grow by more than 10% compared to the prior year. However, new vehicle average selling prices are expected to be lower by 10-12% for the full year, reflecting the company's focus on cost management and operational efficiency [2].

In summary, Camping World Holdings' Q2 2025 results demonstrate the company's ability to navigate challenging market conditions through strong cost execution and operational efficiency. The company's performance highlights the importance of disciplined operations in the face of economic shifts and inflation.

References:
[1] https://finimize.com/content/camping-world-holdings-revs-up-revenue-and-profit-in-q2
[2] https://www.stocktitan.net/news/CWH/camping-world-holdings-inc-reports-second-quarter-2025-results-grows-rcbo6we40id0.html