Carvana revenue and financials
$63.88Change from previous close: +0.25%Absolute change: +$0.16
In the fiscal year ended December 2025, Carvana reported revenue of $20.32B (+48.63% year over year). Net income was $1.41B, a net margin of 6.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +48.63%
- 2025 vs 2024
- Net income growth
- +570.00%
- 2025 vs 2024
- Net margin
- 6.9%
- 2024: 1.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 13,201 | 8,484 | 7,071 | 8,698 | 7,015 | 3,035 | 2,058 | 991 | 641 | — |
| Current assets | 6,549 | 4,869 | 3,321 | 4,594 | 4,892 | 1,923 | 1,359 | 663 | 490 | — |
| Cash and equivalents | 2,327 | 1,716 | 530 | 434 | 403 | 301 | 76.0 | 78.9 | 173 | — |
| Short-term investments | 486 | 464 | 366 | 321 | 382 | — | — | — | — | — |
| Receivables | 250 | 307 | 269 | 259 | 218 | — | — | — | — | — |
| Inventory | 2,408 | 1,608 | 1,150 | 1,876 | 3,149 | — | — | — | — | — |
| Net property, plant and equipment | 3,257 | 3,213 | 3,437 | 3,780 | 1,929 | — | — | — | — | — |
| Goodwill | 10.0 | 0.0 | — | 0.0 | 9.0 | 9.4 | 9.4 | 9.4 | — | — |
| Other intangible assets | 47.0 | 34.0 | 52.0 | 70.0 | 4.0 | — | — | — | — | — |
| Long-term investments | — | — | — | 2.0 | — | — | — | — | — | — |
| Current liabilities | 1,519 | 1,338 | 1,536 | 2,592 | 2,890 | 467 | 865 | 330 | 306 | — |
| Accounts payable | 236 | 236 | 231 | 232 | 141 | — | — | — | — | — |
| Long-term debt | 4,918 | 5,297 | 5,176 | 6,482 | 2,742 | 1,206 | 717 | 425 | 48.5 | 4.4 |
| Total debt | 5,521 | 6,046 | 6,706 | 8,816 | — | — | — | — | — | — |
| Total liabilities | 8,998 | 7,109 | 7,455 | 9,751 | 6,490 | 2,233 | 1,866 | 764 | 362 | — |
| Total equity (incl. minority) | 4,203 | 1,375 | -384 | -1,053 | 525 | — | — | — | — | — |
| Retained earnings | -9.0 | -1,416 | -1,626 | -2,076 | -489 | — | — | — | — | — |
| Minority interest | 762 | 115 | -627 | -535 | 219 | — | — | — | — | — |