Carvana Co.
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Carvana Co.
Compare market positioning with top industry peers
Explore Carvana
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$20.3B
Market Cap
$19.4B
Net Income
$1.9B
Employees
18,200
Carvana has executed one of the most astonishing corporate turnarounds in recent financial history. Having narrowly avoided bankruptcy through a brutal, discounted debt restructuring, the online used car retailer is now hyper-focused on unit profitability over top-line growth. Under CEO Ernest Garcia III, the company generated exactly $14.1 billion in revenue and commands a resurgent $19.4 billion market cap with a heavily reduced workforce of exactly 18200 employees. The financial narrative in 2026 is defined by efficiency; Carvana has slashed its SG&A expenses, halted aggressive geographic market expansion and is now generating positive free cash flow despite operating in a severely depressed overall used car market.
Revenue Trend Analysis
YoY Change
+48.6%
2-Year CAGR
+37.4%
Peak Year
2025
Trend
Consistent Growth
Carvana Co. has reported revenue across 3 fiscal years, compounding at +37.4% annually over 2 years. The most recent year saw a 48.6% increase versus the prior year. Revenue peaked in 2025 at $20.3B. Out of 2 reported periods, 2 showed growth and 0 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $20.3B | $1.9B | +48.6% |
| FY2024 | $13.7B | $404M | +26.9% |
| FY2023 | $10.8B | $150M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Carvana Co. reported approximately $14.1B in fiscal year 2025 with a team of 18,200 employees worldwide.
Carvana Co. strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Online Automotive Retail is driven by steady cash generation and pricing power, enabling Carvana Co. to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Carvana Co. Revenue & Financials." CorpDigest, https://corpdigest.com/company/carvana/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Carvana Co. reported $20B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/carvana/financials" target="_blank" rel="noopener">CorpDigest — Carvana Co. financials</a></div>