CARY, N.C. -

Though not without challenges, it was a strong quarter for the three major publicly traded online used-car marketplaces.

Vroom posted record ecommerce unit sales and gross profits, Shift reached record revenues and unit sales and Carvana’s net income was positive for the first time ever.

Below is a recap of the highlights from the three marketplaces’ respective quarters.

Starting with Vroom, it had 18,268 ecommerce sales in the second quarter, which marked a 172% year-over-year increase. Revenue from ecommerce climbed 230% from Q2 of 2020, and gross profit from ecommerce was up 588% at $49.6 million.

Loss from operations was $63.8 million, a 54.2% increase. Net loss was $65.8 million, a 4.1% increase.

“Vroom had an outstanding second quarter. We drove strong expansion in units and gross profit per unit. Ecommerce gross profit per unit continued its upward trajectory, growing $664 (+32%) quarter over quarter, as we continue to execute against our expansion plans in a favorable yet dynamic pricing environment,” Vroom chief executive officer Paul Hennessy said in a news release.

“Our ecommerce units accelerated as our offering to consumers continues to resonate. Moving forward, we intend to continue to scale our capacity and efficiency ahead of growing demand with investments across our business, particularly in logistics, where we are ahead of schedule compared to our initial targets,” Hennessy said.

“We will also continue to strive for a frictionless ecommerce checkout experience to drive a compelling customer proposition and improved unit economics over time.”

Meanwhile, Shift said its revenue ($154.9 million) jumped 377% in Q2, with total units sold up 240% at 7,815. Ecommerce units climbed 222% to 5,871 sales.

It pulled in $16.3 million in gross profits, up from $3.6 million a year ago. Adjusted gross profit was $16.5 million, up from $3.7 million.

Shift had a net loss of $31.6 million, versus $19.0 million a year ago.

“In the second quarter we again delivered industry-leading revenue growth of nearly 5x year-over-year, including strong sequential growth quarter over quarter. Additionally, our business model and operations were well-positioned to capitalize on the favorable profitability that the unique used car market conditions offered,” Shift co-CEO and co-founder Toby Russell said in a release.

Added co-CEO and co-founder George Arison, “Toby and I are so grateful for the exceptional team we have that has continued to outperform and deliver results beyond what we’ve thought was possible.

“The momentum we are seeing in our business has again motivated us to raise our revenue and unit guidance for the year and we look forward to more record-breaking results in the quarters ahead.”

And Carvana has its first-ever positive net income quarter, which came in at $45 million. That’s up from a net loss of $106 million a year ago. Its EBITDA was $112 million, compared to $69 million.

It moved 107,815 retail units for a 96% gain, with revenues up 198% at $3.336 billion.

Carvana’s total gross profits of $552 million was a 268% uptick.

“This was a landmark quarter for Carvana. We delivered over 100,000 cars in the quarter growing 96% versus a year ago and reported our first positive net income quarter,” said Ernie Garcia, founder and CEO of Carvana, in a news release.

“This quarter we were also named to the Fortune 500 list, becoming one of the four fastest companies to ever make the list with organic growth,” Garcia said. “We are extremely proud of this milestone and even prouder of the team that has made all of this possible.”