Second Quarter Financial Highlights 1,2,3 :
- Total gross transaction value (“GTV”) increased 11% year over year to $4.7 billion.
- Total revenue increased 11% year over year to $1.3 billion.
- Service revenue increased 5% year over year to $933.4 million.
- Inventory sales revenue increased 28% year over year to $383.7 million.
- Net income increased 31% year over year to $143.6 million.
- Net income available to common stockholders increased 33% year over year to $132.0 million.
- Diluted earnings per share available to common stockholders increased 34% to $0.71 per share.
- Diluted adjusted earnings per share available to common stockholders increased 6% year over year to $1.13 per share.
- Adjusted earnings before interest, taxes, depreciation and amortization (“EBITDA”) increased 6% year over year to $387.2 million.
- During the second quarter, the Company repurchased and retired approximately 1.5 million common shares for total proceeds of $150.0 million.
- On July 21, 2026, the Company increased its quarterly cash dividend from $0.31 to $0.33 per common share.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260804030984/en/
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