NYSE:CVNA
Carvana Co.
Carvana Co.'s revenue grew 48.6% in fiscal 2025 to $20.3B while operating margin rose to 9.3%, its highest in 4 years. Free cash flow was $889.0M, 4.4% of revenue, and the diluted share count rose 69.6%.Summary generated from Carvana Co.'s SEC filings. Latest annual report filed Feb 18, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$20.3B
Revenue growth+48.6%
Revenue, 5-yr CAGR+29.5%
Gross margin20.6%
Operating margin9.3%
Net margin6.9%
ROIC27.3%
Return on equity59.9%
Debt / equity1.43
Free cash flow$889.0M
FCF margin4.4%
Share count change+69.6%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 12.8 | 13.6 | 10.8 | 13.7 | 20.3 |
| Operating income | n/a | −2.4 | −0.1 | 1.0 | 1.9 |
| Net income | −0.1 | −1.6 | 0.5 | 0.2 | 1.4 |
| Free cash flow | −3.2 | −1.8 | 0.7 | 0.8 | 0.9 |
Recent filings
- 4Insider transaction report
Oct 5, 2026 - 4Insider transaction report
Oct 5, 2026 - 8-KEntry into a material agreement
Aug 14, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 29, 2026 - 8-KResults of operations and financial condition
Jul 29, 2026 - 8-KDirector or officer change
May 6, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
Apr 29, 2026 - 8-KResults of operations and financial condition
Apr 29, 2026