Carvana Co., an e-commerce platform for buying and selling used cars, announced financial results for the quarter ended March 31, 2025.

In Q1 2025, Carvana sold 133,898 retail units (+46% YoY) for total revenue of $4.232 billion (+38% YoY), both all-time quarterly records. 

“In Q1, Carvana set a new record for retail units while also driving record profitability and hitting our highest customer net promoter score in nearly three years,” said Ernie Garcia, Carvana founder and CEO. “We are incredibly well positioned for the path ahead and have very clear visibility to even stronger financial performance, much larger scales, and even better customer experiences. As Carvana grows larger and more efficient, we look forward to making our offering even faster and more convenient and sharing the value we create with our customers as we continue our mission of changing the way people buy and sell cars.”