Carvana Stock Soars 15.66% on Strong Q2 Earnings

Carvana's stock surged 15.66% in pre-market trading on July 31, 2025, driven by strong second-quarter financial results that exceeded market expectations.

Carvana reported a 41.9% year-over-year increase in sales for the second quarter of 2025, with revenue reaching $4.84 billion. This figure surpassed the consensus estimate of $4.58 billion, marking a 5.62% surprise. The company's earnings per share (EPS) also exceeded expectations, coming in at $1.28 compared to the estimated $1.10.

Key metrics such as retail vehicle unit sales and per retail unit gross profit showed positive trends. Retail vehicle unit sales reached 143,280, slightly above the estimated 141,766. The per retail unit gross profit for total and retail vehicles also outperformed analyst estimates, indicating strong financial health.

Carvana's wholesale vehicle unit sales and per unit revenue for both retail and wholesale vehicles also exceeded expectations, reflecting robust performance across various segments. The company's sales and operating revenues for retail, wholesale, and other categories all showed significant year-over-year growth, further bolstering investor confidence.