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CVNACarvana Co.
$67.47$73.1B
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CVNA logoCarvana Co.(CVNA)Earnings, Financials & Key Ratios

CVNA•NYSE
$67.47
39.9× P/E·Price updated Jul 7, 2026
SectorConsumer CyclicalIndustrySpecialty RetailSub-IndustryAutomotive Retail and Parts
AboutCarvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. The company's platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. Carvana Co. was founded in 2012 and is headquartered in Tempe, Arizona.Show more
  • Revenue$20.32B+48.6%
  • EBITDA$2.16B+65.0%
  • Net Income$1.41B+570.0%
  • EPS (Diluted)1.69+431.4%
  • Gross Margin20.63%+4.0%
  • EBITDA Margin10.61%+11.0%
  • Operating Margin9.26%+26.3%
  • Net Margin6.92%+350.8%
  • ROE50.45%+19.0%

CVNA Price & Volume

Carvana Co. (CVNA) stock price & volume — 10-year historical chart

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Operational Scaling Drives Significant Deleveraging Success

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Healthy
Cash Flow:Improving
Primary Risk:Used vehicle price volatility

Key Thesis Takeaways

  • Carvana has successfully transitioned from a distressed entity to a profitable operator, evidenced by a revenue growth rate of 52% YoY in 2026Q1 and a dramatic reduction in total debt to $621 million.
  • While the company has achieved structural margin stability near 20%, investors should remain cautious regarding the sustainability of earnings quality given the volatility in non-operating income.
  • Future performance will likely depend on maintaining this operational leverage while navigating the inherent risks of used vehicle price fluctuations and capital-intensive inventory management.

Verdict Logic

while the company has achieved a robust current ratio of 4.09, the current valuation of 36.87x P/E TTM appears to fully price in the recent turnaround, necessitating further evidence of consistent, non-volatile cash generation.

CVNA Growth Metrics

Carvana Co. (CVNA) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years65.68%
5 Years29.47%
3 Years14.31%
TTM51.72%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM301%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM249.82%

Return on Capital

10 Years-24.45%
5 Years0.43%
3 Years11.47%
Last Year19.98%

CVNA Recent Earnings

Carvana Co. (CVNA) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 10/12 qtrs (83%)
Q2 2026Latest
Apr 29, 2026
Metric
Actual
Est
EPS
$0.34+7.4%
$0.32
Rev
$6.4B+5.1%
$6.1B
Q1 2026
Feb 18, 2026
Metric
Actual
Est
EPS
$0.84+265.2%
$0.23
Rev
$5.6B+6.3%
$5.3B
Q4 2025
Oct 29, 2025
Metric
Actual
Est
EPS
$0.21-22.2%
$0.27
Rev
$5.6B+10.5%
$5.1B
Q3 2025
Jul 30, 2025
Metric
Actual
Est
EPS
$0.26+11.4%
$0.23
Rev
$4.8B+5.7%
$4.6B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.34vs $0.32+7.4%
$6.4Bvs $6.1B+5.1%
Q1 2026Feb 18, 2026
$0.84vs $0.23+265.2%
$5.6Bvs $5.3B+6.3%
Q4 2025Oct 29, 2025
$0.21vs $0.27-22.2%
$5.6Bvs $5.1B+10.5%
Q3 2025Jul 30, 2025
$0.26vs $0.23+11.4%
$4.8Bvs $4.6B+5.7%
Based on last 12 quarters of dataView full earnings history →

Latest CVNA News

Recent stock market news and headlines for Carvana Co. (CVNA)

Business Wire·6 days ago
Carvana to Report Second Quarter 2026 Results and Host Quarterly Conference Call on July 29

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced it will report its second quarter 2026 financial results for the period ended June 30, 2026, after the market closes on Wednesday, July 29, 2026. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. The live webcast will be accessible from the Investor Relations section of the c.

MarketBeat·Jun 26, 2026
This Single Factor Is Holding Back Carvana's Disruptive Edge

However, in the two months following the report, CVNA is down approximately 15% despite favorable analyst sentiment. That includes a 10% drop on June 17 in sympathy with cost commentary from CarMax NYSE: KMX, even though Carvana's own unit economics are moving in the opposite direction.

Zacks Investment Research·Jun 25, 2026
Carvana (CVNA) Sees a More Significant Dip Than Broader Market: Some Facts to Know

Carvana (CVNA) reached $66.2 at the closing of the latest trading day, reflecting a -2.52% change compared to its last close.

Zacks Investment Research·Jun 25, 2026
Is the Options Market Predicting a Spike in Carvana Stock?

Investors need to pay close attention to CVNA stock based on the movements in the options market lately.

Fool - Investing News·Jun 24, 2026
Prediction: This Stock Turned $10,000 Into $130,000 in 3 Years and Can Do It Again

A little over three years ago, Carvana was all but bankrupt. Since then, it's thrived and returned massive value to investors.

Peers Comparison

Key metrics vs top competitors for Carvana Co. (CVNA)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
CVNA logoCVNACarvana Co.Current
$67.47$73.14B39.9248.63%6.92%50.45%—
VRM logoVRMVroom, Inc.
$7.58$39.47M-4.95867.04%-123.22%-51.09%—
CPRT logoCPRTCopart, Inc.
$29.27$27.1B18.419.68%33.48%16.61%—
KMX logoKMXCarMax, Inc.
$51.05$7.24B30.39-1.79%0.84%3.67%—
ACVA logoACVAACV Auctions Inc.
$7.29$1.27B-18.6919.22%-7.97%-14.27%—
AN logoANAutoNation, Inc.
$191.68$6.58B11.253.24%2.47%28.44%—

Compare CVNA vs Peers

Carvana Co. (CVNA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VRM

Most directly comparable listed peer for CVNA.

Scale Benchmark

vs UBER

Larger-name benchmark to compare CVNA against a more recognizable public peer.

Peer Set

Compare Top 5

vs VRM, CPRT, KMX, ACVA

CVNA SEC Filings & Documents

Carvana Co. (CVNA) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

4
Material company update

Apr 29, 2026·SEC

Material company update

Feb 18, 2026·SEC

Material company update

Oct 29, 2025·SEC

10-K Annual Reports

1
FY 2026

Feb 18, 2026·SEC

10-Q Quarterly Reports

3
FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 29, 2025·SEC

FY 2025

Jul 30, 2025·SEC

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CVNA Frequently Asked Questions

Carvana Co. (CVNA) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Carvana Co.'s revenue?

Carvana Co. (CVNA) reported $22.52B in revenue for fiscal year 2025. This represents a 53937% increase from $41.7M in 2014.

How fast is Carvana Co. growing?

Carvana Co. (CVNA) grew revenue by 48.6% over the past year. This is strong growth.

Is CVNA profitable?

Yes, Carvana Co. (CVNA) is profitable, generating $1.60B in net income for fiscal year 2025 (6.9% net margin).

Dividend & Returns
What is CVNA's return on equity?

Carvana Co. (CVNA) has a return on equity (ROE) of 50.4%. This is excellent, indicating efficient use of shareholder capital.

What is Carvana Co.'s free cash flow?

Carvana Co. (CVNA) generated $740.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in CVNA back in 2014?

Total return calculator · dividends reinvested · 12+ years of data

See returns →