Consumer Discretionary · Automotive Retail
Carvana: revenue, profit and cash flow
In fiscal 2025, Carvana had revenue of $20.3B, up 65.7% a year on average since 2015, and net income of $1.41B (6.9% of revenue).
Revenue, fiscal 2025
average annual revenue growth since 2015 · +48.6% vs 2024
- Ticker
- CVNA · NYSE
- Sector
- Consumer Discretionary
- Sub-industry
- Automotive Retail
- Headquarters
- Tempe, Arizona
- Founded
- 2012
- In the S&P 500 since
- December 22, 2025
- Latest fiscal year
- 2025, ended December 31, 2025
- SEC filer
- Carvana Co. · CIK 0001690820
Revenue and net income
Revenue went from $130M in 2015 to $20.3B in 2025. Net loss in 2015–2022.
Diluted earnings per share
Diluted EPS went from −$2.45 in 2019 to $8.45 in 2025.
Shares outstanding
From 46.8M in 2019 to 224M in 2025.
Operating cash flow, capex and free cash flow
Free cash flow (operating cash flow minus capital expenditure) was $889M in 2025, 4.4% of revenue. Negative in 2015–2022.
The chart data could not be loaded. The table below has the same figures.
Year by year
| Fiscal year | Revenue | Net income | Net margin | Diluted EPS | Shares | Operating cash flow | Capex | Free cash flow |
|---|---|---|---|---|---|---|---|---|
| 2025 | $20.3B | $1.41B | 6.9% | $8.45 | 224M | $1.04B | $147M | $889M |
| 2024 | $13.7B | $210M | 1.5% | $1.59 | — | $918M | $91M | $827M |
| 2023 | $10.8B | $450M | 4.2% | $0.75 | 201M | $803M | $87M | $716M |
| 2022 | $13.6B | −$1.59B | −11.7% | −$15.74 | 101M | −$1.32B | $512M | −$1.84B |
| 2021 | $12.8B | −$135M | −1.1% | −$1.63 | 82.8M | −$2.59B | $557M | −$3.15B |
| 2020 | $5.59B | −$171M | −3.1% | −$2.63 | 65M | −$608M | $360M | −$968M |
| 2019 | $3.94B | −$115M | −2.9% | −$2.45 | 46.8M | −$757M | $231M | −$988M |
| 2018 | $1.96B | −$55.5M | −2.8% | — | — | −$414M | $144M | −$558M |
| 2017 | $859M | −$62.8M | −7.3% | — | — | −$200M | $78.5M | −$278M |
| 2016 | $365M | −$93.1M | −25.5% | — | — | −$240M | $39.5M | −$280M |
| 2015 | $130M | −$36.8M | −28.2% | — | — | −$53.5M | $13.9M | −$67.5M |
Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.
About these figures
- No dividends per share in the filings data. Usually that means no dividend, but some companies report theirs in a form the data do not capture.
- Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.
Other Automotive Retail companies
Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.