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Carvana Stock Soars 5.34% on Record Q1 Earnings

Mover TrackerThursday, May 8, 2025 6:52 am ET

1min read

On May 8, 2025, Carvana's stock surged by 5.34% in pre-market trading, reflecting a significant boost in investor confidence.

Carvana's recent financial performance has been a key driver of its stock price. In the first quarter of 2025, the company reported a 46% year-over-year increase in retail unit sales, reaching nearly 134,000 units. This substantial growth was accompanied by a record net income of $373 million, with an impressive net income margin of 8.8%. Carvana's revenue for the quarter rose to $4.232 billion, marking a 38% increase from the previous year. The company's adjusted EBITDA margin reached 11.5%, positioning it as one of the most profitable automotive retailers.

Carvana's strategic focus on efficiency and customer experience has been instrumental in driving these results. The company has made significant improvements in unit economics and operational processes, which have contributed to its record-breaking performance. Looking ahead, Carvana is optimistic about its growth trajectory, aiming to sell 3 million retail units annually at a 13.5% adjusted EBITDA margin within the next 5 to 10 years. This ambitious goal reflects Carvana's confidence in its scalable business model and its commitment to enhancing customer experiences while maintaining profitability.

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