Your Best Stock
Stocks CVNA

Carvana CVNA

US equityMarket cap rank #294Auto & Truck Dealerships
$64.15
+$0.20 (+0.31%)
Market open · Sep 24, 1:10 pm ET
After hours $63.92 -0.05%
Open$63.66
Prev close$63.95
Day range$62.45 – $64.43
Volume3.20M
Market cap$46.14B
P/E (TTM)33.9
Dividend yield

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$7.38B+52.4% YoY
Operating profit$680.00M+33.1% YoY
Net profit$513.00M+66.6% YoY
Diluted EPS$0.42+61.5% YoY
Free cash flow$187.00M+9,450.0% YoY
Operating cash flow$238.00M

Revenue, last 8 quarters

$3.7BSep '24$3.5BDec '24$4.2BMar '25$4.8BJun '25$5.6BSep '25$5.6BDec '25$6.4BMar '26$7.4BJun '26

Net profit, last 8 quarters

$148.0MSep '24$159.0MDec '24$373.0MMar '25$308.0MJun '25$263.0MSep '25$951.0MDec '25$405.0MMar '26$513.0MJun '26

Diluted EPS by quarter

0.13Sep '240.11Dec '240.30Mar '250.26Jun '250.21Sep '250.84Dec '250.34Mar '260.42Jun '26

Free cash flow by quarter

$376.0MSep '24$36.0MDec '24$205.0MMar '25$-2.0MJun '25$307.0MSep '25$379.0MDec '25$56.0MMar '26$187.0MJun '26

Annual revenue

$5.6BFY20$12.8BFY21$13.6BFY22$10.8BFY23$13.7BFY24$20.3BFY25

Profitability & balance sheet

Gross margin19.4%
Operating margin8.9%
Net margin6.3%
Return on equity54.5%
Return on assets13.1%
Return on invested capital20.8%
Current ratio3.93
Liabilities / assets64.7%
Cash & investments$3.13B
Total debt$5.62B
Net cash (debt)-$2.49B
Free cash flow / sales3.7%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $7.38B $6.43B $20.32B $5.60B $5.65B
Total Operating Revenue $7.38B $6.43B $20.32B $5.60B $5.65B
Cost of Revenue $5.99B $5.16B $16.13B $4.55B $4.50B
Gross Profit $1.38B $1.27B $4.19B $1.05B $1.15B
Operating Expense $704.00M $690.00M $2.31B $627.00M $596.00M
Selling and Admin Expenses $704.00M $690.00M $2.31B $627.00M $595.00M
-Selling & Marketing Expense $121.00M $118.00M $363.00M $105.00M $102.00M
-General & Admin Expense $583.00M $572.00M $1.95B $522.00M $493.00M
Operating Profit $680.00M $581.00M $1.88B $424.00M $552.00M
Net Non-Operating Interest Income (Expense) -$101.00M -$99.00M -$505.00M -$98.00M -$125.00M
Non-Operating Interest Expense $101.00M $99.00M $505.00M $98.00M $125.00M
Special Income (Charges) $0.00 $0.00 -$16.00M $0.00 -$14.00M
Pretax Profit $579.00M $441.00M -$890.00M -$1.83B $259.00M
Tax $66.00M $36.00M -$2.79B -$2.78B -$4.00M
Net Profit $513.00M $405.00M $1.90B $951.00M $263.00M
Profit from Continuing Operations $513.00M $405.00M $1.90B $951.00M $263.00M
Minority Interests $203.00M $155.00M $488.00M $94.00M $112.00M
Net Income to Parent Company $310.00M $250.00M $1.41B $857.00M $151.00M
Net Income to Common Stockholders $310.00M $250.00M $1.41B $857.00M $151.00M
Basic EPS $0.43 $0.35 $2.04 $1.21 $0.22
Diluted EPS $0.42 $0.34 $1.69 $0.84 $0.21
Other Income (Expense) -$41.00M -$2.27B -$2.16B -$168.00M
Other Non-Operating Income (Expenses) -$41.00M -$2.25B -$2.16B -$154.00M
Other Operating Expenses $3.00M $0.00 $1.00M
-Less:Other Special Charges $16.00M $0.00 $14.00M

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $14.55B $13.77B $13.20B $13.20B $9.85B
Total Current Assets $8.01B $7.20B $6.55B $6.55B $6.27B
Cash and Cash Equivalents & Short-Term Investments $3.13B $2.90B $2.81B $2.81B $2.63B
-Cash and Cash Equivalents $2.63B $2.41B $2.33B $2.33B $2.14B
-Short Term Investments $502.00M $492.00M $486.00M $486.00M $486.00M
Receivables $384.00M $346.00M $250.00M $250.00M $357.00M
-Accounts Receivable $377.00M $339.00M $245.00M $245.00M $352.00M
-Due from Related Parties Current $7.00M $7.00M $5.00M $5.00M $5.00M
Inventory $3.26B $2.66B $2.41B $2.41B $2.32B
Restricted Cash $113.00M $102.00M $102.00M $102.00M $79.00M
Other Current Assets $193.00M $201.00M $163.00M $163.00M $161.00M
Total Non-Current Assets $6.55B $6.57B $6.65B $6.65B $3.59B
Net PPE $3.28B $3.25B $3.26B $3.26B $3.17B
-Gross PPE $4.66B $4.57B $4.51B $4.51B $4.35B
-Accumulated Depreciation -$1.38B -$1.32B -$1.25B -$1.25B -$1.19B
Goodwill and Other Intangible Assets $65.00M $59.00M $57.00M $57.00M $38.00M
-Goodwill $12.00M $10.00M $10.00M $10.00M $3.00M
-Other Intangible Assets $53.00M $49.00M $47.00M $47.00M $35.00M
Non-Current Deferred Assets $2.97B $3.03B $3.06B $3.06B
Other Non-Current Assets $229.00M $232.00M $274.00M $274.00M $385.00M
Total Liabilities $9.41B $9.14B $9.00B $9.00B $6.90B
Total Current Liabilities $2.04B $1.76B $1.52B $1.52B $1.55B
Payables $793.00M $661.00M $433.00M $433.00M $435.00M
-Accounts Payable $391.00M $320.00M $236.00M $236.00M $291.00M
-Total Tax Payable $104.00M $123.00M $102.00M $102.00M $94.00M
-Due to Related Parties Current $78.00M $77.00M $31.00M $31.00M
-Other Payable $220.00M $141.00M $64.00M $64.00M $50.00M
Current Accrued Expenses $460.00M $352.00M $423.00M $423.00M $332.00M
Short-Term Debt and Capital Lease Obligation $382.00M $308.00M $285.00M $285.00M $393.00M
-Current Debt $382.00M $308.00M $285.00M $285.00M $393.00M
Current Provisions $156.00M $144.00M $121.00M $121.00M $109.00M
Current Deferred Liabilities $59.00M $47.00M $51.00M $51.00M $49.00M
Other Current Liabilities $118.00M $117.00M $103.00M $103.00M $143.00M
Total Non-Current Liabilities $7.38B $7.38B $7.48B $7.48B $5.35B
Long Term Debt and Capital Lease Obligation $5.24B $5.24B $5.24B $5.24B $5.21B
-Long Term Debt $4.85B $4.85B $4.83B $4.83B $4.81B
-Long Term Capital Lease Obligation $385.00M $392.00M $406.00M $406.00M $402.00M
Other Non-Current Liabilities $2.14B $2.14B $2.24B $2.24B $47.00M
Total Equity $5.14B $4.63B $4.20B $4.20B $2.95B
Stockholders' Equity $4.03B $3.72B $3.44B $3.44B $2.28B
Capital Stock $1.00M $0.00 $0.00 $0.00 $0.00
-Common Stock $1.00M $0.00 $0.00 $0.00 $0.00
-Preferred Stock $0.00 $0.00 $0.00 $0.00 $0.00
Additional Paid-In Capital $3.48B $3.48B $3.45B $3.45B $3.15B
Retained Earnings $551.00M $241.00M -$9.00M -$9.00M -$866.00M
Minority Interests $1.11B $912.00M $762.00M $762.00M $672.00M
Long Term Accounts Payable and Other Payables $0.00
Due to Related Parties Non-Current $95.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $238.00M $107.00M $1.04B $430.00M $345.00M
Net cash flow from continuing operations $238.00M $107.00M $1.04B $430.00M $345.00M
Net Income from Continuing Operations $513.00M $405.00M $1.90B $951.00M $263.00M
Gain/Loss from Continuing Operations $3.00M $42.00M $83.00M $67.00M $135.00M
Depreciation & Depletion & Amortization $69.00M $69.00M $275.00M $69.00M $65.00M
Deferred Tax $63.00M $35.00M -$2.78B
Other Non-Cash Items -$9.00M -$243.00M $1.94B $2.04B -$60.00M
Change in Working Capital -$425.00M -$230.00M -$480.00M $60.00M -$90.00M
-Change in Receivables -$41.00M -$96.00M $49.00M $105.00M -$34.00M
-Change in Inventory -$586.00M -$247.00M -$734.00M -$58.00M -$272.00M
-Change in Payables and Accrued Expense $199.00M $163.00M $235.00M $82.00M $117.00M
-Change in Other Current Assets $13.00M -$30.00M -$7.00M $37.00M -$4.00M
-Change in Other Current Liabilities -$10.00M -$20.00M -$23.00M -$106.00M $103.00M
Net cash flow from investing -$52.00M -$31.00M -$230.00M -$130.00M -$46.00M
Net Cash Flow from Continuing Investing Activities -$52.00M -$31.00M -$230.00M -$130.00M -$46.00M
Net PPE Purchase and Sale -$49.00M -$51.00M -$145.00M -$51.00M -$37.00M
Net Business Purchase and Sale -$29.00M -$11.00M -$160.00M -$109.00M -$27.00M
Net Other Investing Changes $26.00M $31.00M $75.00M $30.00M $18.00M
Financing Cash Flow $45.00M $7.00M -$137.00M -$92.00M -$8.00M
Net Cash Flow from Continuing Financing Activities $45.00M $7.00M -$137.00M -$92.00M -$8.00M
Net Issuance Payments Of Debt $81.00M $54.00M -$653.00M -$91.00M -$548.00M
Proceeds from Stock Option Exercised $3.00M $1.00M $48.00M $10.00M $16.00M
Net Other Financing Charges -$39.00M -$48.00M -$68.00M -$11.00M -$12.00M
Ending Cash Balance $2.74B $2.51B $2.43B $2.43B $2.22B
Net Change in Cash $231.00M $83.00M $669.00M $208.00M $291.00M
Beginning Cash Balance $2.51B $2.43B $1.76B $2.22B $1.93B
Free Cash Flow $187.00M $56.00M $889.00M $379.00M $307.00M
Net Common Stock Issuance $536.00M $0.00 $536.00M
Scroll to Top