Carvana's revenue reached $8.0B in 2026Q3 with year-over-year growth of 42.4%, though growth has decelerated from 52.4% in 2026Q2 and gross margin has stayed in a narrow 18.8% to 21.2% band, suggesting limited pricing power in a thin vehicle-retail spread.
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue scaled to $8.0B in 2026Q3 with operating margin of 8.9% and net margin of 3.6%, but the narrow gross margin band of 18.8% to 21.2% warrants monitoring for compression as SG&A rose from $329.0M to $805.0M.
Carvana's vertically integrated model streamlines the online used car buying process, offering efficiency and cost advantages.
The company provides instant, personalized financing options, enhancing customer convenience and purchase completion rates.
Carvana has demonstrated a strategic shift toward profitability, evidenced by recent financial performance and stock appreciation.
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $0.39-11.6% vs $0.44 | $8.0B+4.3% vs $7.7B |
Q3 2026 Jul 29, 2026 | $0.42+8.6% vs $0.39 | $7.4B+6.9% vs $6.9B |
Q2 2026 Apr 29, 2026 | $0.34+7.4% vs $0.32 | $6.4B+5.1% vs $6.1B |
Q1 2026 Feb 18, 2026 | $0.84+265.2% vs $0.23 | $5.6B+6.3% vs $5.3B |
Carvana Co. (NYSE: CVNA - Get Free Report) Director Ira Platt sold 29,640 shares of the firm's stock in a transaction that occurred on Wednesday, November 4th. The stock was sold at an average price of $75.75, for a total transaction of $2,245,230.00. Following the transaction, the director directly owned 186,470 shares in the company, valued
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?
Rising interest rates are dampening used car demand and pressuring margins, making Carvana's near-term prospects mixed despite outsized sales growth. Management signals fuel/logistics/advertising cost pressures, with it suggesting tougher YoY comps/downside risks in FY2027 if macro headwinds persist. It trades at a premium EV/EBITDA of 15.78x, with the deteriorating FQ3'26 performance at 10% lagging sector peers and triggering uncertainties about their 13.5% target.
CVNA's declining unit profitability, rising operating costs and substantial debt raise concerns about margins, expansion plans and financial flexibility.
Benchmark CVNA against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Carvana Co. (CVNA)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $73.57 | $80.69B | 31.91 | 48.63% | 6.21% | 34.77% | — | |
| $6.53 | $34.18M | -0.60 | 867.04% | -53.59% | -48.94% | — | |
| $31.95 | $29.58B | 20.60 | 0.41% | 31.81% | 15.91% | — | |
| $51.48 | $7.31B | 25.08 | -1.79% | 1.06% | 4.8% | — | |
| $184.00 | $6.16B | 8.49 | 3.24% | 2.63% | 31.76% | — | |
| $212.36 | $13.96B | 14.78 | -0.18% | 2.81% | 16.37% | 2.45% |
Carvana Co. (CVNA) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Carvana Co. (CVNA) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 28, 2026·SEC
Jul 29, 2026·SEC
May 6, 2026·SEC
Feb 18, 2026·SEC
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Carvana Co. (CVNA) stock FAQ — growth, dividends, profitability & financials explained
Carvana Co. (CVNA) reported $27.45B in revenue over the trailing twelve months. Revenue was $20.32B in fiscal year 2025. That is 48658% more than the $41.7M of fiscal year 2014.
Carvana Co. (CVNA) grew revenue by 50.3% over the trailing twelve months, compared with the twelve months before.
Yes. Carvana Co. (CVNA) earned $1.71B in net income over the trailing twelve months (a 6.2% net margin).
Carvana Co. (CVNA) had a return on equity (ROE) of 34.8% over the trailing twelve months. That is well above the market's typical 10-15%.
Carvana Co. (CVNA) generated $1.11B in free cash flow over the trailing twelve months.
