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Side-by-side financial comparison of CARVANA CO. (CVNA) and Corning Inc. (GLW). Click either name above to swap in a different company.

CARVANA CO. is the larger business by last-quarter revenue ($4.2B vs $4.1B, roughly 1.0× Corning Inc.). Corning Inc. runs the higher net margin — 9.3% vs 8.8%, a 0.5% gap on every dollar of revenue. On growth, Corning Inc. posted the faster year-over-year revenue change (0.0% vs -34.2%). Over the past eight quarters, Corning Inc.'s revenue compounded faster (12.9% CAGR vs 11.4%).

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.

Corning Incorporated is an American multinational technology company specializing in glass, ceramics, and related materials and technologies including advanced optics, primarily for industrial and scientific applications. Founded in 1851, the company was called Corning Glass Works for most of its history. Corning was known during the 20th century for its consumer product lines, such as including CorningWare and Visions Pyroceram-based cookware, Corelle Vitrelle tableware, and Pyrex glass bake...

CVNA vs GLW — Head-to-Head

Bigger by revenue
CVNA
CVNA
1.0× larger
CVNA
$4.2B
$4.1B
GLW
Growing faster (revenue YoY)
GLW
GLW
+34.2% gap
GLW
0.0%
-34.2%
CVNA
Higher net margin
GLW
GLW
0.5% more per $
GLW
9.3%
8.8%
CVNA
Faster 2-yr revenue CAGR
GLW
GLW
Annualised
GLW
12.9%
11.4%
CVNA

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CVNA
CVNA
GLW
GLW
Revenue
$4.2B
$4.1B
Net Profit
$373.0M
$387.0M
Gross Margin
36.9%
Operating Margin
9.3%
15.4%
Net Margin
8.8%
9.3%
Revenue YoY
-34.2%
0.0%
Net Profit YoY
-7.9%
-60.0%
EPS (diluted)
$0.43

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CVNA
CVNA
GLW
GLW
Q1 26
$4.2B
$4.1B
Q4 25
$5.6B
$4.2B
Q3 25
$5.6B
$4.1B
Q2 25
$4.8B
$3.9B
Q1 25
$4.2B
$3.5B
Q4 24
$3.5B
$3.5B
Q3 24
$3.7B
$3.4B
Q2 24
$3.4B
$3.3B
Net Profit
CVNA
CVNA
GLW
GLW
Q1 26
$373.0M
$387.0M
Q4 25
$857.0M
$540.0M
Q3 25
$151.0M
$430.0M
Q2 25
$183.0M
$469.0M
Q1 25
$216.0M
$157.0M
Q4 24
$79.0M
$310.0M
Q3 24
$85.0M
$-117.0M
Q2 24
$18.0M
$104.0M
Gross Margin
CVNA
CVNA
GLW
GLW
Q1 26
36.9%
Q4 25
18.8%
35.5%
Q3 25
20.3%
37.1%
Q2 25
22.0%
36.0%
Q1 25
22.0%
35.2%
Q4 24
21.5%
34.2%
Q3 24
22.1%
33.5%
Q2 24
21.0%
29.2%
Operating Margin
CVNA
CVNA
GLW
GLW
Q1 26
9.3%
15.4%
Q4 25
7.6%
15.9%
Q3 25
9.8%
14.4%
Q2 25
10.6%
14.8%
Q1 25
9.3%
12.9%
Q4 24
7.3%
11.2%
Q3 24
9.2%
8.9%
Q2 24
7.6%
5.7%
Net Margin
CVNA
CVNA
GLW
GLW
Q1 26
8.8%
9.3%
Q4 25
15.3%
12.8%
Q3 25
2.7%
10.5%
Q2 25
3.8%
12.1%
Q1 25
5.1%
4.5%
Q4 24
2.2%
8.9%
Q3 24
2.3%
-3.5%
Q2 24
0.5%
3.2%
EPS (diluted)
CVNA
CVNA
GLW
GLW
Q1 26
$0.43
Q4 25
$0.61
Q3 25
$0.50
Q2 25
$0.54
Q1 25
$0.18
Q4 24
$0.36
Q3 24
$-0.14
Q2 24
$0.12

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CVNA
CVNA
GLW
GLW
Cash + ST InvestmentsLiquidity on hand
$1.8M
Total DebtLower is stronger
$7.7M
Stockholders' EquityBook value
$12.3M
Total Assets
$31.3M
Debt / EquityLower = less leverage
0.62×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVNA
CVNA
GLW
GLW
Q1 26
$1.8M
Q4 25
$2.3B
$1.5B
Q3 25
$2.1B
Q2 25
$1.9B
Q1 25
$1.9B
Q4 24
$1.7B
$1.8B
Q3 24
$871.0M
Q2 24
$542.0M
Total Debt
CVNA
CVNA
GLW
GLW
Q1 26
$7.7M
Q4 25
$4.9B
$7.6B
Q3 25
$7.4B
Q2 25
$6.7B
Q1 25
$7.0B
Q4 24
$5.3B
$6.9B
Q3 24
$7.1B
Q2 24
$6.9B
Stockholders' Equity
CVNA
CVNA
GLW
GLW
Q1 26
$12.3M
Q4 25
$3.4B
$11.8B
Q3 25
$2.3B
$11.5B
Q2 25
$1.7B
$11.1B
Q1 25
$1.5B
$10.7B
Q4 24
$1.3B
$10.7B
Q3 24
$611.0M
$11.1B
Q2 24
$526.0M
$10.6B
Total Assets
CVNA
CVNA
GLW
GLW
Q1 26
$31.3M
Q4 25
$13.2B
$31.0B
Q3 25
$9.9B
$29.9B
Q2 25
$9.4B
$28.7B
Q1 25
$8.9B
$27.4B
Q4 24
$8.5B
$27.7B
Q3 24
$7.4B
$28.3B
Q2 24
$7.2B
$27.2B
Debt / Equity
CVNA
CVNA
GLW
GLW
Q1 26
0.62×
Q4 25
1.43×
0.65×
Q3 25
0.64×
Q2 25
0.60×
Q1 25
0.65×
Q4 24
4.20×
0.64×
Q3 24
0.64×
Q2 24
0.65×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CVNA
CVNA
GLW
GLW
Operating Cash FlowLast quarter
$362.0M
Free Cash FlowOCF − Capex
$188.0M
FCF MarginFCF / Revenue
4.5%
Capex IntensityCapex / Revenue
8.0%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$1.7B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVNA
CVNA
GLW
GLW
Q1 26
$362.0M
Q4 25
$430.0M
$1.1B
Q3 25
$345.0M
$784.0M
Q2 25
$29.0M
$708.0M
Q1 25
$232.0M
$151.0M
Q4 24
$60.0M
$623.0M
Q3 24
$403.0M
$699.0M
Q2 24
$354.0M
$521.0M
Free Cash Flow
CVNA
CVNA
GLW
GLW
Q1 26
$188.0M
Q4 25
$379.0M
$620.0M
Q3 25
$307.0M
$450.0M
Q2 25
$-2.0M
$400.0M
Q1 25
$205.0M
$-57.0M
Q4 24
$36.0M
$369.0M
Q3 24
$376.0M
$482.0M
Q2 24
$332.0M
$279.0M
FCF Margin
CVNA
CVNA
GLW
GLW
Q1 26
4.5%
Q4 25
6.8%
14.7%
Q3 25
5.4%
11.0%
Q2 25
-0.0%
10.4%
Q1 25
4.8%
-1.7%
Q4 24
1.0%
10.5%
Q3 24
10.3%
14.2%
Q2 24
9.7%
8.6%
Capex Intensity
CVNA
CVNA
GLW
GLW
Q1 26
8.0%
Q4 25
0.9%
10.2%
Q3 25
0.7%
8.1%
Q2 25
0.6%
8.0%
Q1 25
0.6%
6.0%
Q4 24
0.7%
7.3%
Q3 24
0.7%
6.4%
Q2 24
0.6%
7.4%
Cash Conversion
CVNA
CVNA
GLW
GLW
Q1 26
0.94×
Q4 25
0.50×
1.95×
Q3 25
2.28×
1.82×
Q2 25
0.16×
1.51×
Q1 25
1.07×
0.96×
Q4 24
0.76×
2.01×
Q3 24
4.74×
Q2 24
19.67×
5.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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