Carvana Reports Record Third-Quarter Results as Used Car Sales Surge
Carvana, the online used-car retailer, announced record financial results for the third quarter of 2025. The company reported profit and revenue growth, driven by strong demand for preowned vehicles.
Carvana's revenue rose to $5.65 billion, up from $3.66 billion in the same period last year. The number of retail units sold increased by 44% to 155,941. The company credited its e-commerce platform and data-driven approach for boosting sales, especially as other used car retailers have seen flat results.
Carvana has also focused on innovations such as same-day car deliveries, which have helped support its sales momentum. The company's management highlighted these delivery options and continued growth in their shareholder letter.
Despite the positive financial results, Carvana's stock declined following the earnings announcement.
Sometimes a company's stock goes down even after strong earnings if investors were expecting even better results, or if they are worried about future challenges. The articles do not specify the exact reason.
Carvana used its online platform and data-driven approach to offer more convenience, including options like same-day deliveries, which made it easier for customers to buy used cars.
Carvana's revenue grew to $5.65 billion from $3.66 billion a year earlier, and the number of cars sold increased by 44%.
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