Core Insights - Carvana reported revenue of $4.84 billion for the quarter ended June 2025, reflecting a year-over-year increase of 41.9% [1] - The company's EPS was $1.28, significantly higher than the $0.14 reported in the same quarter last year [1] - Revenue exceeded the Zacks Consensus Estimate of $4.58 billion by 5.62%, and EPS surpassed the consensus estimate of $1.10 by 16.36% [1] Financial Performance Metrics - Retail vehicle unit sales reached 143,280, slightly above the average estimate of 141,766 [4] - The gross profit per retail unit was $7,426, exceeding the average estimate of $7,168.09 [4] - The gross profit per retail vehicle was $3,636, compared to the estimated $3,426.22 [4] - Retail vehicle revenue per unit was $23,765, higher than the average estimate of $23,237.88 [4] - Wholesale vehicle revenue per unit was $10,746, surpassing the estimated $9,871.81 [4] - Wholesale vehicle unit sales totaled 72,770, exceeding the average estimate of 66,543 [4] Revenue Breakdown - Retail vehicle sales generated $3.41 billion, above the average estimate of $3.27 billion, marking a year-over-year increase of 41.2% [4] - Other sales and revenues amounted to $411 million, exceeding the estimated $394.09 million, with a year-over-year change of 47.3% [4] - Wholesale sales and revenues reached $1.02 billion, surpassing the average estimate of $881.48 million, reflecting a year-over-year increase of 42.2% [4] Market Performance - Carvana's shares returned -0.5% over the past month, while the Zacks S&P 500 composite increased by 3.4% [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market [3]

Supplemental Financial Tables Q2 2025 July 2025 ©2025 Carvana, LLC Supplemental Financial Tables Non-GAAP Gross Profit minus Non-GAAP SG&A Expense = Adjusted EBITDA ©2023 Carvana, LLC Confidential Document © 2025 Carvana, LLC 2 Quarterly Units | | Q12023 Q22023 Q32023 Q42023 Q42023 Q12024 Q22024 Q32024 Q42024 Q12025 Q22025 | | --- | --- | | Retail units sold | 79,240 76,530 80,987 76,090 91,878 101,440 108,651 114,379 133,898 143,280 | | Wholesale vehicle units sold | 35,110 46,453 40,886 34,096 44,155 50,3 ...

Core Viewpoint - CarMax (KMX) is expected to report quarterly earnings of $1.22 per share, a 25.8% increase year-over-year, with revenues projected at $7.56 billion, reflecting a 6.3% year-over-year growth [1]. Earnings Estimates - The consensus EPS estimate for the quarter has been revised upward by 0.9% over the past 30 days, indicating analysts' reassessment of their projections [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Revenue and Sales Projections - Analysts estimate 'Net sales - Wholesale vehicles' to reach $1.31 billion, a 4.7% increase from the prior year [5]. - 'Net sales - Other' is projected at $189.91 million, indicating a 5.8% year-over-year change [5]. - 'Net sales - Used vehicles' is expected to be $6.05 billion, reflecting a 6.6% increase year-over-year [5]. - The consensus for 'Other sales and revenues - Extended protection plan revenues' stands at $129.56 million, a 9.1% increase from the previous year [6]. Store and Unit Sales Estimates - Analysts project a total of 251 stores, up from 245 in the same quarter last year [6]. - 'Unit sales - Total vehicles' are expected to reach 378,575, compared to 358,817 a year ago [9]. - 'Unit sales - Used vehicles' is estimated at 224,745, up from 211,132 in the previous year [9]. Profitability Metrics - 'Revenue per vehicle retailed (ASP) - Used vehicles' is forecasted to be $26.84 thousand, compared to $26.53 thousand last year [7]. - 'Gross Profit per Unit - Used vehicles gross profit' is expected to be $2,384.83, up from $2,347 last year [7]. - 'Gross Profit per Unit - Wholesale vehicles gross profit' is projected at $1,070.91, compared to $1,064 last year [8]. - 'Revenue per vehicle retailed (ASP) - Wholesale vehicles' is expected to be $8.29 thousand, compared to $8.09 thousand last year [10]. Market Performance - CarMax shares have decreased by 3.5% over the past month, contrasting with the Zacks S&P 500 composite's increase of 1.7% [10]. - CarMax holds a Zacks Rank 3 (Hold), indicating it is expected to closely follow overall market performance in the near term [11].

Supplemental Financial Tables Q1 2025 May 2025 ©2025 Carvana, LLC Supplemental Financial Tables Over the last several years we reported three non-GAAP financial metrics to clearly demonstrate and highlight the most meaningful drivers within our business: Non-GAAP Gross Profit, Non-GAAP SG&A Expense, and Adjusted EBITDA. The Non-GAAP metrics presented in these tables do not represent and should not be considered an alternative to gross profit, SG&A expense, or net income (loss), as determined by U.S. GAAP. N ...