Carvana achieved a record-setting third quarter in 2025, reporting robust growth in retail units sold and profitability, underpinned by strategic operational efficiencies.

• Retail units sold increased by 44% year-over-year, reaching 155,941, marking a record high for the company.
• Revenue surpassed $20 million for the first time, signaling significant business scalability.
• Adjusted EBITDA margins continued to exceed industry averages, reflecting effective cost management and operational improvements.
• Enhanced delivery capabilities, with 40% of Phoenix customers experiencing same or next-day delivery, indicate a strategic advantage in customer service.
• Continued investments in reconditioning capacity and digital auction capabilities are expected to drive further growth and operational efficiencies.