To the full analysis
Carvana stock: growth
CVNACarvana reported $20.32B in revenue for fiscal 2025, up 48.6% on the prior year, up 29.5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
75.5%
per year from 2014 to 2025, per share 43.5%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2014 | |
|---|---|---|---|
| Revenue | 29.5% | 65.7% | 75.5% |
| Revenue per share | 11.4% | 32.7% | 43.5% |
| Earnings | no data | no data | no data |
| Earnings per share | no data | no data | no data |
| Free cash flow | no data | no data | no data |
| Free cash flow per share | no data | no data | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2014 | $41.68M | −$15.24M | −$33.93M |
| 2015 | $130.39M | −$36.78M | −$67.46M |
| 2016 | $365.15M | −$10.15M | −$279.76M |
| 2017 | $858.87M | −$18.31M | −$278.41M |
| 2018 | $1.96B | −$55.48M | −$558.01M |
| 2019 | $3.94B | −$114.66M | −$987.67M |
| 2020 | $5.59B | −$171.14M | −$968.41M |
| 2021 | $12.81B | −$135M | −$3.15B |
| 2022 | $13.6B | −$1.59B | −$1.84B |
| 2023 | $10.77B | $450M | $716M |
| 2024 | $13.67B | $210M | $827M |
| 2025 | $20.32B | $1.41B | $889M |
Revenue by segment
How Carvana Co. makes its money and how that has shifted. Names are as the company reports them.
- Used Vehicle Sales$14.5B72%
- Product and Service, Other$1.7B9%
- Other$4.1B20%
“Other” combines smaller and former segments with revenue the company does not assign to a segment. Names as reported, with abbreviations spelled out for the largest companies. The company split earlier years differently. A history would not be comparable, so only 2025 is shown.
Figures as a table
| 2025 | Share 2025 | |
|---|---|---|
| Used Vehicle Sales | $14.54B | 71.5% |
| Product and Service, Other | $1.73B | 8.5% |
| Other | $4.05B | 19.9% |
| Total revenue | $20.32B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 28 Oct 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.