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Carvana Co.'s Revenue (2016 - 2025)

  • Carvana Co.'s annual revenue was $20.32 B in fiscal year 2025. The annual revenue increased $6.65 B from $13.67 B (in 2024) to $20.32 B (in 2025), representing a 48.63% year-over-year growth.

  • Carvana Co.'s quarterly revenue was $6.43 B in the quarter ending Mar 2026. The quarterly revenue increased $2.20 B from $4.23 B (in Q1: Dec 2025) to $6.43 B (in Q1: Dec 2026), representing a 51.98% year-over-year growth.

    • Over the past 10 years (2016 - 2025):
  • The highest annual revenue for Carvana Co. was $20.32 B in fiscal year 2025.
  • The lowest annual revenue was $365.15 M in fiscal year 2016.
  • The average revenue was $8.39 B.

    • Learn more about Carvana Co.'s Revenue by Segment and Revenue by Region.

    Check out competitors to Carvana Co. in a side-by-side comparison.

    Explore additional financial metrics for Carvana Co..


    Definition of Revenue :
  • Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
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Carvana Co.'s Revenue Trend

2025

Carvana Co.'s annual revenue was $20.32 B in fiscal year 2025.

Carvana Co.'s quarterly revenue was $4.23 B(Q1: Mar 2025), $4.84 B(Q2: Jun 2025), $5.65 B(Q3: Sep 2025), $5.60 B(Q4: Dec 2025) in fiscal year 2025.

2024

Carvana Co.'s annual revenue was $13.67 B in fiscal year 2024.

Carvana Co.'s quarterly revenue was $3.06 B(Q1: Mar 2024), $3.41 B(Q2: Jun 2024), $3.66 B(Q3: Sep 2024), $3.55 B(Q4: Dec 2024) in fiscal year 2024.

2023

Carvana Co.'s annual revenue was $10.77 B in fiscal year 2023.

Carvana Co.'s quarterly revenue was $2.61 B(Q1: Mar 2023), $2.97 B(Q2: Jun 2023), $2.77 B(Q3: Sep 2023), $2.42 B(Q4: Dec 2023) in fiscal year 2023.

2022

Carvana Co.'s annual revenue was $13.60 B in fiscal year 2022.

Carvana Co.'s quarterly revenue was $3.50 B(Q1: Mar 2022), $3.88 B(Q2: Jun 2022), $3.39 B(Q3: Sep 2022), $2.84 B(Q4: Dec 2022) in fiscal year 2022.

2021

Carvana Co.'s annual revenue was $12.81 B in fiscal year 2021.

Carvana Co.'s quarterly revenue was $2.25 B(Q1: Mar 2021), $3.34 B(Q2: Jun 2021), $3.48 B(Q3: Sep 2021), $3.75 B(Q4: Dec 2021) in fiscal year 2021.

2020

Carvana Co.'s annual revenue was $5.59 B in fiscal year 2020.

Carvana Co.'s quarterly revenue was $1.10 B(Q1: Mar 2020), $1.12 B(Q2: Jun 2020), $1.54 B(Q3: Sep 2020), $1.83 B(Q4: Dec 2020) in fiscal year 2020.

2019

Carvana Co.'s annual revenue was $3.94 B in fiscal year 2019.

Carvana Co.'s quarterly revenue was $755.23 M(Q1: Mar 2019), $986.22 M(Q2: Jun 2019), $1.09 B(Q3: Sep 2019), $1.10 B(Q4: Dec 2019) in fiscal year 2019.

2018

Carvana Co.'s annual revenue was $1.96 B in fiscal year 2018.

Carvana Co.'s quarterly revenue was $360.42 M(Q1: Mar 2018), $475.29 M(Q2: Jun 2018), $534.92 M(Q3: Sep 2018), $584.84 M(Q4: Dec 2018) in fiscal year 2018.

2017

Carvana Co.'s annual revenue was $858.87 M in fiscal year 2017.

Carvana Co.'s quarterly revenue was $159.07 M(Q1: Mar 2017), $209.37 M(Q2: Jun 2017), $225.38 M(Q3: Sep 2017), $265.05 M(Q4: Dec 2017) in fiscal year 2017.

2016

Carvana Co.'s annual revenue was $365.15 M in fiscal year 2016.

Carvana Co.'s quarterly revenue was $72.95 M(Q1: Mar 2016), $86.53 M(Q2: Jun 2016), $98.84 M(Q3: Sep 2016), $106.83 M(Q4: Dec 2016) in fiscal year 2016.

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Carvana Co.'s Revenue (Year-over-Year Change)

2015 0
2016 +180.04
2017 +135.21
2018 +127.68
2019 +101.48
2020 +41.79
2021 +129.37
2022 +6.17
2023 -20.82
2024 +26.94
2025 +48.63

2025

Carvana Co.’s annual revenue increased +48.63% during fiscal year 2025 compared to 2024. It represents a growth of $6.65 B from $13.67 B (in 2024) to $20.32 B (in 2025).

2024

Carvana Co.’s annual revenue increased +26.94% during fiscal year 2024 compared to 2023. It represents a growth of $2.90 B from $10.77 B (in 2023) to $13.67 B (in 2024).

2023

Carvana Co.’s annual revenue decreased -20.82% during fiscal year 2023 compared to 2022. It represents a decline of $2.83 B from $13.60 B (in 2022) to $10.77 B (in 2023).

2022

Carvana Co.’s annual revenue increased +6.17% during fiscal year 2022 compared to 2021. It represents a growth of $790.00 M from $12.81 B (in 2021) to $13.60 B (in 2022).

2021

Carvana Co.’s annual revenue increased +129.37% during fiscal year 2021 compared to 2020. It represents a growth of $7.23 B from $5.59 B (in 2020) to $12.81 B (in 2021).

2020

Carvana Co.’s annual revenue increased +41.79% during fiscal year 2020 compared to 2019. It represents a growth of $1.65 B from $3.94 B (in 2019) to $5.59 B (in 2020).

2019

Carvana Co.’s annual revenue increased +101.48% during fiscal year 2019 compared to 2018. It represents a growth of $1.98 B from $1.96 B (in 2018) to $3.94 B (in 2019).

2018

Carvana Co.’s annual revenue increased +127.68% during fiscal year 2018 compared to 2017. It represents a growth of $1.10 B from $858.87 M (in 2017) to $1.96 B (in 2018).

2017

Carvana Co.’s annual revenue increased +135.21% during fiscal year 2017 compared to 2016. It represents a growth of $493.72 M from $365.15 M (in 2016) to $858.87 M (in 2017).

2016

Carvana Co.’s annual revenue increased +180.04% during fiscal year 2016 compared to 2015. It represents a growth of $234.76 M from $130.39 M (in 2015) to $365.15 M (in 2016).

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Carvana Co. Revenue History

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Period Revenue Year-over-Year Change
FY 2025
$20.32 B $6.65 B 48.63%
Q4: Dec 25 $5.60 B $2.06 B 57.96%
Q3: Sep 25 $5.65 B $1.99 B 54.5%
Q2: Jun 25 $4.84 B $1.43 B 41.94%
Q1: Mar 25 $4.23 B $1.17 B 38.26%
FY 2024
$13.67 B $2.90 B 26.94%
Q4: Dec 24 $3.55 B $1.12 B 46.33%
Q3: Sep 24 $3.66 B $882.00 M 31.81%
Q2: Jun 24 $3.41 B $442.00 M 14.89%
Q1: Mar 24 $3.06 B $455.00 M 17.46%
FY 2023
$10.77 B -$2.83 B 20.82%
Q4: Dec 23 $2.42 B -$413.00 M 14.56%
Q3: Sep 23 $2.77 B -$613.00 M 18.1%
Q2: Jun 23 $2.97 B -$916.00 M 23.58%
Q1: Mar 23 $2.61 B -$891.00 M 25.48%
FY 2022
$13.60 B $790.00 M 6.17%
Q4: Dec 22 $2.84 B -$916.00 M 24.41%
Q3: Sep 22 $3.39 B -$94.00 M 2.7%
Q2: Jun 22 $3.88 B $548.00 M 16.43%
Q1: Mar 22 $3.50 B $1.25 B 55.77%
FY 2021
$12.81 B $7.23 B 129.37%
Q4: Dec 21 $3.75 B $1.93 B 105.49%
Q3: Sep 21 $3.48 B $1.94 B 125.45%
Q2: Jun 21 $3.34 B $2.22 B 198.3%
Q1: Mar 21 $2.25 B $1.15 B 104.42%
FY 2020
$5.59 B $1.65 B 41.79%
Q4: Dec 20 $1.83 B $722.82 M 65.5%
Q3: Sep 20 $1.54 B $448.76 M 40.99%
Q2: Jun 20 $1.12 B $132.11 M 13.4%
Q1: Mar 20 $1.10 B $342.98 M 45.41%
FY 2019
$3.94 B $1.98 B 101.48%
Q4: Dec 19 $1.10 B $518.75 M 88.7%
Q3: Sep 19 $1.09 B $559.93 M 104.68%
Q2: Jun 19 $986.22 M $510.94 M 107.5%
Q1: Mar 19 $755.23 M $394.81 M 109.54%
FY 2018
$1.96 B $1.10 B 127.68%
Q4: Dec 18 $584.84 M $319.79 M 120.65%
Q3: Sep 18 $534.92 M $309.54 M 137.34%
Q2: Jun 18 $475.29 M $265.92 M 127.01%
Q1: Mar 18 $360.42 M $201.35 M 126.58%
FY 2017
$858.87 M $493.72 M 135.21%
Q4: Dec 17 $265.05 M $158.23 M 148.11%
Q3: Sep 17 $225.38 M $126.54 M 128.01%
Q2: Jun 17 $209.37 M $122.84 M 141.97%
Q1: Mar 17 $159.07 M $86.12 M 118.05%
FY 2016
$365.15 M $234.76 M 180.04%
Q4: Dec 16 $106.83 M $64.31 M 151.27%
Q3: Sep 16 $98.84 M -
Q2: Jun 16 $86.53 M -
Q1: Mar 16 $72.95 M -

Frequently Asked Questions

What is the annual revenue of Carvana Co.?

In fiscal year 2025, Carvana Co.'s revenue was $20.32 Billion.

How much did Carvana Co.'s revenue change in the last year?

Carvana Co.'s revenue increased by +48.63% (+$6.65 Billion) in 2025 compared to 2024.

What is Carvana Co.'s most recent quarterly revenue?

In the first quarter (Q1) of 2026, Carvana Co. reported a revenue of $6.43 Billion.

What is Carvana Co.'s revenue per share (TTM)?

Carvana Co.'s revenue per share over the trailing twelve months is $31.55.

What is Carvana Co.'s revenue per employee?

In the fiscal year 2025, Carvana Co.'s revenue per employee was $879.74 K.

What is the annual net income of Carvana Co.?

In fiscal year 2025, Carvana Co.'s net income was $1.41 Billion.

What is Carvana Co.'s biggest product segment, and what is its revenue?

Used Vehicle Sales is Carvana Co.'s biggest product segment, generating $14.54 Billion in revenue for fiscal year 2025.

What is Carvana Co.'s net income per employee?

In the fiscal year 2025, Carvana Co.'s net income per employee was $60.91 K.

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