CARVANA CO.CVNAEarnings & Financial Report
NYSE · Consumer Discretionary · Retail-Auto Dealers & Gasoline Stations
Carvana Co. is an online used car retailer based in Tempe, Arizona. Carvana was named to the 2021 Fortune 500 list, one of the youngest companies to be added to the list.
CVNA Q1 FY2026 Key Financial Metrics
Revenue
$4.2B
Gross Profit
N/A
Operating Profit
$394.0M
Net Profit
$373.0M
Gross Margin
N/A
Operating Margin
9.3%
Net Margin
8.8%
YoY Growth
-34.2%
CARVANA CO. Q1 FY2026 Financial Summary
CARVANA CO. reported revenue of $4.2B (down 34.2% YoY) for Q1 FY2026, with a net profit of $373.0M (down 7.9% YoY) (8.8% margin).
Key Financial Metrics
| Total Revenue | $4.2B |
|---|---|
| Net Profit | $373.0M |
| Gross Margin | N/A |
| Operating Margin | 9.3% |
| Report Period | Q1 FY2026 |
CARVANA CO. Annual Revenue by Year
CARVANA CO. annual revenue history includes year-by-year totals (for example, 2025 revenue was $20.3B).
CARVANA CO. Quarterly Revenue & Net Profit History
CARVANA CO. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $4.2B | -34.2% | $373.0M | 8.8% |
| Q4 FY2025 | $5.6B | +58.0% | $857.0M | 15.3% |
| Q3 FY2025 | $5.6B | +54.5% | $151.0M | 2.7% |
| Q2 FY2025 | $4.8B | +41.9% | $183.0M | 3.8% |
| Q1 FY2025 | $4.2B | +38.3% | $216.0M | 5.1% |
| Q4 FY2024 | $3.5B | +46.3% | $79.0M | 2.2% |
| Q3 FY2024 | $3.7B | +31.8% | $85.0M | 2.3% |
| Q2 FY2024 | $3.4B | +14.9% | $18.0M | 0.5% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $3.41B | $3.65B | $3.55B | $4.23B | $4.84B | $5.65B | $5.60B | $4.23B |
| YoY Growth | 14.9% | 31.8% | 46.3% | 38.3% | 41.9% | 54.5% | 58.0% | -34.2% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.17B | $7.37B | $8.48B | $8.88B | $9.37B | $9.85B | $13.20B | N/A |
| Liabilities | $7.05B | $7.08B | $7.11B | $7.11B | $7.25B | $6.90B | $9.00B | N/A |
| Equity | $526.0M | $611.0M | $1.26B | $1.50B | $1.73B | $2.28B | $3.44B | N/A |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $354.0M | $403.0M | $60.0M | $232.0M | $29.0M | $345.0M | $430.0M |