A carvana sign and a signature machine in pens, arizona.
Michael Wayland | CNBC
Carvana The upper and lower expectations of Wall Street for the fourth quarter, led to another “strong” year in 2025.
As in the past, Carvana gave a comprehensive outlook for the guidelines for the guidelines for this year, which included the growth of both the sold and adjusted income from interest, taxes, depreciation and amortization or eBitda, including sequential increases in both cases in the first quarter.
Carvana's shares fell by more than 10% after trading in trading with after-hour on Wednesday. The stock closed $ 281.82 and around 1%.
The company carried out in the fourth quarter compared to average estimates that were put together by LSEG:
- Result per share: 56 cents expected compared to 29 cents
- Revenue: 3.55 billion US dollars expected compared to 3.31 billion US dollars
The sales of $ 3.55 billion increased by $ 2.42 billion by $ 46%in the same period in the previous year. The total year of 2024 was $ 13.67 billion and increased from $ 10.77 billion by almost 27%in 2023.
For 2024, the company, based in Arizona, reported an adjusted EBITDA of $ 1.38 billion and a net profit of around $ 404 million. In the fourth quarter, this comprises an adjusted EBITDA of USD 359 million and a net profit of $ 159 million. The net income in the fourth quarter marks a significant improvement compared to a loss of $ 200 million in the same period in the previous year.
On the basis of per share, the company reported a profit of 56 cents in the December period, compared to a loss of $ 1 per share in the same quarter in 2023.
Both the annual and quarterly results were records for Carvana.
Carvana said it sold 416,348 retail vehicles last year, an increase of around 33% compared to the previous year in order to achieve total sales of total annual sales of $ 13.67 billion in 2024. The total gross profit per unit in the fourth quarter and the total year was $ 6,671 or $ 6,908. Both metrics rose by almost 1,400 US dollars compared to 2023.
“With only ~ 1% market share today and many ways to improve and expand our offer from here, we know that this is only the beginning of our trip to change the way people buy and sell cars” said in a press release.
Carvana's shares rose by around 40% in 2025, which contributes to almost 285% profit of the past year.
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