🔹 Revenue: $5.65B (Est. $5.11B) 🟢; UP +55% YoY
🔹 EPS: $1.03 (vs. $0.64 YoY) 🟢; UP +61% YoY
🔹 Net Income: $263M; UP +$115M YoY
🔹 Adj. EBITDA: $637M (Est. $598M) 🟢; UP +48% YoY
🔹 Adj. EBITDA Margin: 11.3% (Est. 11.7%) 🟡
🔹 Retail Units Sold: 155,941 (Est. 150,632) 🟢; UP +44% YoY
Outlook
🔹 FY25 Adj. EBITDA: At least $2.2B (Prior: $2.0–$2.2B) 🟢
🔹 Q4 retail units expected above 150K
Other Metrics
🔹 GAAP Operating Income: $552M; Margin 9.8%
🔹 Net Income Margin: 4.7%
🔹 Revenue Run Rate: Exceeded $20B for the first time
CEO Commentary – Ernie Garcia
🔸 “We drove record growth and profitability, crossing a $20B revenue run rate for the first time.”
🔸 “Our vertically integrated model continues to strengthen our competitive edge in speed, selection, and efficiency.”