Carvana revenue
Carvana's revenue was $20.32bn in fiscal 2025, up 48.6% on the year before. Since fiscal 2015 ($130m) it has grown at a compound 65.7% a year. Over the last twelve months it was $27.45bn.
Revenue history
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.1 | 0.4 | 0.9 | 2.0 | 3.9 | 5.6 | 12.8 | 13.6 | 10.8 | 13.7 | 20.3 | 27.5 |
| Growth on the year before | — | +180.0% | +135.2% | +127.7% | +101.5% | +41.8% | +129.4% | +6.2% | −20.8% | +26.9% | +48.6% | — |
| Gross profit | 0.0 | 0.0 | 0.1 | 0.2 | 0.5 | 0.8 | 1.9 | 1.2 | 1.7 | 2.9 | 4.2 | 5.2 |
| Gross margin | 1.0% | 5.3% | 7.9% | 10.1% | 12.9% | 14.2% | 15.1% | 9.2% | 16.0% | 21.0% | 20.6% | 19.0% |
Where the revenue comes from
| Line of business | Revenue | Share | YoY |
|---|---|---|---|
| Used Vehicle Sales | $14.5B | 71.5% | ▲ 50.2% |
| Wholesale Sales and Revenues | $4.1B | 19.9% | ▲ 42.6% |
| Other | $1.7B | 8.5% | ▲ 50.6% |
From Carvana's 10-K filed February 18, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.
Revenue against peers
| Company | Revenue | Growth | 3-year growth a year |
|---|---|---|---|
| Carvana | $27.45bn | 50.3% | 34.9% |
| Autonation, Inc. | $27.42bn | -1.8% | 0.7% |
| Carmax Inc | $27.63bn | 4.8% | 0.8% |
| Murphy USA Inc. | $23.26bn | 20.2% | 2.1% |
| Penske Automotive Group, Inc. | $32.56bn | 1.4% | 3.6% |
| Group 1 Automotive Inc | $21.77bn | -3.4% | 7.6% |
Compare with peers
- Autonation, Inc. revenue
- Carmax Inc revenue
- Murphy USA Inc. revenue
- Penske Automotive Group, Inc. revenue
- Group 1 Automotive Inc revenue
Head to head: AN vs CVNACVNA vs KMXCVNA vs MUSACVNA vs PAG
More: Automotive Retail stocks compared, Consumer Discretionary sector, rankings of US companies