Carvana Co. (CVNA)

NYSE: CVNA · Real-Time Price · USD

60.46

+0.27 (0.45%)

At close: Jul 24, 2026, 4:00 PM EDT

60.45

-0.01 (-0.02%)

After-hours: Jul 24, 2026, 6:55 PM EDT

Carvana Co. Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	22,522	20,322	13,673	10,771	13,604	12,814
Revenue Growth	51.73%	48.63%	26.94%	-20.82%	6.17%	129.35%
Gross Profit	4,534	4,192	2,876	1,724	1,246	1,929
Operating Income	2,068	1,881	990	-80	-2,351	-104
Net Income	1,441	1,407	210	450	-1,587	-135
Earnings Per Share	1.64	1.69	0.32	0.15	-3.15	-0.33
EPS Growth	188.42%	431.45%	112.00%	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Retail Vehicle Sales	16,385	14,537	9,681	7,514	10,254	9,851
Wholesale Sales and	4,267	4,052	2,841	2,504	2,609	1,920
Other Sales and	1,870	1,733	1,151	753	741	1,043
Revenue (Total)	22,522	20,322	13,673	10,771	13,604	12,814

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	2,410	2,327	1,716	530	434	403
Total Debt	5,546	5,521	6,046	6,706	8,816	5,774
Net Cash (Debt)	-3,136	-3,194	-4,330	-6,176	-8,382	-5,371
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-3.58	-2.85	-6.55	-11.30	-16.63	-12.97

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	911	1,036	918	803	-1,324	-2,594
Capital Expenditures	-171	-147	-91	-87	-512	-557
Free Cash Flow	740	889	827	716	-1,836	-3,151
Free Cash Flow Growth	-22.02%	7.50%	15.50%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	20.13%	20.63%	21.03%	16.01%	9.16%	15.05%
Operating Margin	9.18%	9.26%	7.24%	-0.74%	-17.28%	-0.81%
Pretax Margin	-3.66%	-4.38%	2.93%	1.62%	-21.27%	-2.23%
Profit Margin	8.56%	9.32%	2.95%	1.39%	-21.27%	-2.24%
FCF Margin	3.29%	4.37%	6.05%	6.65%	-13.50%	-24.59%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul '26 Jul 24, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	35.35	49.94	127.90	70.59	-	-
Forward PE	38.90	63.29	84.21	-	-	-
P/FCF Ratio	89.32	67.52	32.77	8.45	-	-
PS Ratio	2.93	2.95	1.98	0.56	0.04	1.63