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Side-by-side financial comparison of CARVANA CO. (CVNA) and RENAISSANCERE HOLDINGS LTD (RNR). Click either name above to swap in a different company.

CARVANA CO. is the larger business by last-quarter revenue ($4.2B vs $2.2B, roughly 1.9× RENAISSANCERE HOLDINGS LTD). RENAISSANCERE HOLDINGS LTD runs the higher net margin — 23.5% vs 8.8%, a 14.7% gap on every dollar of revenue. On growth, CARVANA CO. posted the faster year-over-year revenue change (-34.2% vs -36.8%). Over the past eight quarters, CARVANA CO.'s revenue compounded faster (11.4% CAGR vs -11.9%).

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.

RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.

CVNA vs RNR — Head-to-Head

Bigger by revenue
CVNA
CVNA
1.9× larger
CVNA
$4.2B
$2.2B
RNR
Growing faster (revenue YoY)
CVNA
CVNA
+2.6% gap
CVNA
-34.2%
-36.8%
RNR
Higher net margin
RNR
RNR
14.7% more per $
RNR
23.5%
8.8%
CVNA
Faster 2-yr revenue CAGR
CVNA
CVNA
Annualised
CVNA
11.4%
-11.9%
RNR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CVNA
CVNA
RNR
RNR
Revenue
$4.2B
$2.2B
Net Profit
$373.0M
$515.8M
Gross Margin
Operating Margin
9.3%
Net Margin
8.8%
23.5%
Revenue YoY
-34.2%
-36.8%
Net Profit YoY
-7.9%
72.6%
EPS (diluted)
$6.57

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
RNR
RNR
Q1 26
$4.2B
$2.2B
Q4 25
$5.6B
$3.0B
Q3 25
$5.6B
$3.2B
Q2 25
$4.8B
$3.2B
Q1 25
$4.2B
$3.5B
Q4 24
$3.5B
$2.3B
Q3 24
$3.7B
$4.0B
Q2 24
$3.4B
$2.8B
Net Profit
CVNA
CVNA
RNR
RNR
Q1 26
$373.0M
$515.8M
Q4 25
$857.0M
$760.5M
Q3 25
$151.0M
$916.5M
Q2 25
$183.0M
$835.4M
Q1 25
$216.0M
$170.0M
Q4 24
$79.0M
$-189.7M
Q3 24
$85.0M
$1.2B
Q2 24
$18.0M
$503.9M
Gross Margin
CVNA
CVNA
RNR
RNR
Q1 26
Q4 25
18.8%
Q3 25
20.3%
Q2 25
22.0%
Q1 25
22.0%
Q4 24
21.5%
Q3 24
22.1%
Q2 24
21.0%
Operating Margin
CVNA
CVNA
RNR
RNR
Q1 26
9.3%
Q4 25
7.6%
42.5%
Q3 25
9.8%
46.3%
Q2 25
10.6%
41.8%
Q1 25
9.3%
-2.0%
Q4 24
7.3%
-3.6%
Q3 24
9.2%
43.7%
Q2 24
7.6%
25.0%
Net Margin
CVNA
CVNA
RNR
RNR
Q1 26
8.8%
23.5%
Q4 25
15.3%
25.6%
Q3 25
2.7%
28.7%
Q2 25
3.8%
26.1%
Q1 25
5.1%
4.9%
Q4 24
2.2%
-8.3%
Q3 24
2.3%
29.8%
Q2 24
0.5%
17.8%
EPS (diluted)
CVNA
CVNA
RNR
RNR
Q1 26
$6.57
Q4 25
$16.16
Q3 25
$19.40
Q2 25
$17.20
Q1 25
$3.27
Q4 24
$-3.76
Q3 24
$22.62
Q2 24
$9.41

Balance Sheet & Financial Strength

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

Metric
CVNA
CVNA
RNR
RNR
Cash + ST InvestmentsLiquidity on hand
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$4.3B
Total Assets
$53.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVNA
CVNA
RNR
RNR
Q1 26
$1.6B
Q4 25
$2.3B
$1.7B
Q3 25
$2.1B
$1.7B
Q2 25
$1.9B
$1.4B
Q1 25
$1.9B
$1.6B
Q4 24
$1.7B
$1.7B
Q3 24
$871.0M
$1.6B
Q2 24
$542.0M
$1.6B
Total Debt
CVNA
CVNA
RNR
RNR
Q1 26
Q4 25
$4.9B
$2.3B
Q3 25
$2.2B
Q2 25
$2.3B
Q1 25
$2.8B
Q4 24
$5.3B
$1.9B
Q3 24
$1.9B
Q2 24
$2.0B
Stockholders' Equity
CVNA
CVNA
RNR
RNR
Q1 26
$4.3B
Q4 25
$3.4B
$11.6B
Q3 25
$2.3B
$11.5B
Q2 25
$1.7B
$10.8B
Q1 25
$1.5B
$10.3B
Q4 24
$1.3B
$10.6B
Q3 24
$611.0M
$11.2B
Q2 24
$526.0M
$10.2B
Total Assets
CVNA
CVNA
RNR
RNR
Q1 26
$53.7B
Q4 25
$13.2B
$53.8B
Q3 25
$9.9B
$54.5B
Q2 25
$9.4B
$54.7B
Q1 25
$8.9B
$53.6B
Q4 24
$8.5B
$50.7B
Q3 24
$7.4B
$52.8B
Q2 24
$7.2B
$51.6B
Debt / Equity
CVNA
CVNA
RNR
RNR
Q1 26
Q4 25
1.43×
0.20×
Q3 25
0.19×
Q2 25
0.21×
Q1 25
0.27×
Q4 24
4.20×
0.18×
Q3 24
0.17×
Q2 24
0.19×

Financial Flow Comparison

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

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