Companies / CVNA

Carvana Co. (CVNA) financials and KPIs

Carvana Co. reported revenue of $13.67B for fiscal 2024, up 26.9% from fiscal 2023. Net income was $404.00M and free cash flow was $827.00M.

Annual results

Fiscal year20212022202320242025
Revenue$12.81B$13.60B$10.77B$13.67B—
Operating income——-$80.00M$990.00M$1.88B
Net income——$150.00M$404.00M$1.90B
Cash from operations-$2.59B-$1.32B$803.00M$918.00M$1.04B
Free cash flow-$3.15B-$1.84B$716.00M$827.00M$889.00M

Quarterly results

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$3.65B$3.55B$929.00M$4.84B$1.15B$4.84B$1.27B$7.38B
Net income$148.00M$159.00M$373.00M$308.00M$263.00M$951.00M$405.00M$513.00M
Diluted EPS$0.64—$0.30$0.26$0.21—$0.34—

Operating KPIs

As Carvana Co. reports them, quarter by quarter.

Fiscal quarterQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Retail units sold108,651114,379133,898143,280155,941163,522187,393197,325
Wholesale vehicle unit sales56,48748,77063,45472,77080,36981,05083,574105,052

Sources

Figures come from Carvana Co.'s SEC filings, by fiscal year and fiscal quarter as the company defines them. A dash means we hold no figure for that period that passed our checks. Some fourth quarters are the full year less the first nine months. Free cash flow is cash from operations less capital expenditures. Data as of 31 October 2026. This is not investment advice.

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