Carvana Stock Soars 15.88% on Strong Q2 Earnings

Carvana's stock surged 15.88% 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 retail vehicles was $3,636.00, higher than the estimated $3,426.22. Additionally, wholesale vehicle unit sales were 72,770, surpassing the estimated 66,543.

Carvana's strong performance in the second quarter has been well-received by investors, contributing to the significant pre-market stock price increase. The company's ability to exceed revenue and earnings expectations, along with positive trends in key metrics, indicates a robust financial health and a promising outlook for the future.