Carvana Co. (CVNA) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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Revenue Growth Metrics
Revenue Breakdown (FY 2025)
CVNA's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
CVNA Revenue Analysis (2014–2025)
As of March 1, 2026, Carvana Co. (CVNA) generated trailing twelve-month (TTM) revenue of $18.27 billion, reflecting explosive growth of +54.5% year-over-year. The most recent quarter (Q3 2025) recorded $5.65 billion in revenue, up 16.7% sequentially.
Looking at the longer-term picture, CVNA's 5-year compound annual growth rate (CAGR) stands at +29.5%, indicating outstanding long-term growth trajectory. The company achieved its highest annual revenue of $20.32 billion in 2025, representing a new all-time high.
Revenue diversification analysis shows CVNA's business is primarily driven by Used Vehicle Sales (89%), and Product and Service, Other (11%). With over half of revenue concentrated in Used Vehicle Sales, the company maintains significant focus in this area while developing other growth vectors.
When compared to Consumer Cyclical sector peers including GPC (+3.5% YoY), AAP (-5.8% YoY), and HZO (-5.0% YoY), CVNA has outperformed the peer group in terms of revenue growth. Compare CVNA vs GPC →
Peer Comparison
Compare CVNA's revenue metrics with industry peers
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| CVNACurrent | $18.3B | +54.5% | +29.5% | 9.3% | |
| GPC | $24.3B | +3.5% | +8.0% | 5.0% | |
| AAP | $8.6B | -5.8% | -3.2% | 1.9% | |
| HZO | $2.3B | -5.0% | +8.9% | 4.5% | |
| PRTS | $589M | -8.3% | +16.0% | -6.9% |
Historical Revenue Data
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $20.32B | +48.6% | $4.19B | 20.6% | $1.88B | 9.3% |
| 2024 | $13.67B | +26.9% | $2.71B | 19.8% | $1.00B | 7.3% |
| 2023 | $10.77B | -20.8% | $1.72B | 16.0% | $-80,000,000 | -0.7% |
| 2022 | $13.60B | +6.2% | $1.00B | 7.4% | $-1,490,000,000 | -11.0% |
| 2021 | $12.81B | +129.4% | $1.83B | 14.2% | $-104,000,000 | -0.8% |
| 2020 | $5.59B | +41.8% | $721.6M | 12.9% | $-332,396,000 | -5.9% |
| 2019 | $3.94B | +101.5% | $466.7M | 11.8% | $-280,303,000 | -7.1% |
| 2018 | $1.96B | +127.7% | $174.3M | 8.9% | $-228,549,000 | -11.7% |
| 2017 | $858.9M | +135.2% | $56.5M | 6.6% | $-155,309,000 | -18.1% |
| 2016 | $365.1M | +180.0% | $14.5M | 4.0% | $-89,479,000 | -24.5% |
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Start ComparisonFrequently Asked Questions
Is CVNA's revenue growth accelerating or slowing?
CVNA revenue is accelerating at +54.5% year-over-year, exceeding the 5-year CAGR of +29.5%. TTM revenue reached $18.3B. Growth momentum has increased versus prior periods.
What is CVNA's long-term revenue growth rate?
Carvana Co.'s 5-year revenue CAGR of +29.5% reflects the sustained expansion pattern. Current YoY growth of +54.5% is above this long-term average.
How is CVNA's revenue distributed by segment?
CVNA reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.