​

Carvana (CVNA) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Carvana Revenue Highlights

Latest Revenue (Y)

$10.77B

Latest Revenue (Q)

$3.65B

Main Segment (Y)

Used Vehicle Sales

Carvana Revenue by Period

Carvana Revenue by Year

DateRevenueChange
2023-12-31$10.77B-20.82%
2022-12-31$13.60B6.17%
2021-12-31$12.81B129.37%
2020-12-31$5.59B41.79%
2019-12-31$3.94B101.48%
2018-12-31$1.96B127.68%
2017-12-31$858.87M135.21%
2016-12-31$365.15M180.04%
2015-12-31$130.39M212.85%
2014-12-31$41.68M-

Carvana generated $10.77B in revenue during NA 2023, up -20.82% compared to the previous quarter, and up 550.81% compared to the same period a year ago.

Carvana Revenue by Quarter

DateRevenueChange
2024-09-30$3.65B7.18%
2024-06-30$3.41B11.40%
2024-03-31$3.06B26.28%
2023-12-31$2.42B-12.59%
2023-09-30$2.77B-6.57%
2023-06-30$2.97B13.89%
2023-03-31$2.61B-8.14%
2022-12-31$2.84B-16.21%
2022-09-30$3.39B-12.82%
2022-06-30$3.88B11.07%
2022-03-31$3.50B-6.82%
2021-12-31$3.75B7.84%
2021-09-30$3.48B4.32%
2021-06-30$3.34B48.60%
2021-03-31$2.25B22.92%
2020-12-31$1.83B18.32%
2020-09-30$1.54B38.03%
2020-06-30$1.12B1.83%
2020-03-31$1.10B-0.49%
2019-12-31$1.10B0.80%
2019-09-30$1.09B11.02%
2019-06-30$986.22M30.58%
2019-03-31$755.23M29.14%
2018-12-31$584.84M9.33%
2018-09-30$534.92M12.55%
2018-06-30$475.29M31.87%
2018-03-31$360.42M35.98%
2017-12-31$265.05M17.60%
2017-09-30$225.38M7.65%
2017-06-30$209.37M31.62%
2017-03-31$159.07M48.91%
2016-12-31$106.83M8.08%
2016-09-30$98.84M14.24%
2016-06-30$86.53M18.61%
2016-03-31$72.95M-

Carvana generated $3.65B in revenue during Q3 2024, up 7.18% compared to the previous quarter, and up 123.15% compared to the same period a year ago.

Carvana Revenue Breakdown

Carvana Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Used Vehicle Sales$7.51B$10.25B$9.85B$4.74B$3.42B
Product and Service, Other$753.00M$741.00M$1.04B$400.73M$251.71M
Wholesale Vehicle Sales-$2.61B$1.92B$445.24M$267.59M

Carvana's latest annual revenue breakdown by segment (product or service), as of Dec 23: Used Vehicle Sales (90.89%), and Product and Service, Other (9.11%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Product and Service, Other$326.00M$279.00M$229.00M$591.00M$1.00M$161.00M$136.00M$197.00M$218.00M$190.00M$285.00M$278.00M$275.00M$205.00M$144.75M$124.56M$77.10M$54.33M$74.50M$71.41M
Used Vehicle Sales$2.54B$2.41B$2.17B$3.73B$1.96B$1.83B$2.07B$2.49B$2.96B$2.73B$2.90B$2.65B$2.50B$1.80B$1.50B$1.29B$991.80M$964.28M$949.97M$931.02M
Wholesale Vehicle Sales---------$575.00M$571.00M$552.00M$557.00M$240.00M$186.27M$129.93M$49.43M$79.61M$79.11M$92.43M

Carvana's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Used Vehicle Sales (88.64%), and Product and Service, Other (11.36%).

Carvana Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
LADLithia Motors$31.04B$9.22B
ANAutoNation$26.95B$6.59B
KMXCarMax$26.54B$7.01B
ABGAsbury Automotive Group$14.80B$4.24B
CVNACarvana$10.77B$3.65B
VRMVroom$893.20M$57.74M
SDASunCar Technology Group$363.75M$102.18M
UCARU Power$19.76M$2.47M
JZXNJiuzi$6.22M-

CVNA Revenue FAQ

What is Carvana’s yearly revenue?

Carvana's yearly revenue for 2023 was $10.77B, representing a decrease of -20.82% compared to 2022. The company's yearly revenue for 2022 was $13.6B, representing an increase of 6.17% compared to 2021. CVNA's yearly revenue for 2021 was $12.81B, representing an increase of 129.37% compared to 2020.

What is Carvana’s quarterly revenue?

Carvana's quarterly revenue for Q3 2024 was $3.66B, a 7.18% increase from the previous quarter (Q2 2024), and a 31.81% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $3.41B, a 11.40% increase from the previous quarter (Q1 2024), and a 14.89% increase year-over-year (Q2 2023). CVNA's quarterly revenue for Q1 2024 was $3.06B, a 26.28% increase from the previous quarter (Q4 2023), and a 17.46% increase year-over-year (Q1 2023).

What is Carvana’s revenue growth rate?

Carvana's revenue growth rate for the last 3 years (2021-2023) was -15.94%, and for the last 5 years (2019-2023) was 173.38%.

What are Carvana’s revenue streams?

Carvana's revenue streams in c 23 are Used Vehicle Sales, and Product and Service, Other. Used Vehicle Sales generated $7.51B in revenue, accounting 90.89% of the company's total revenue, down -26.72% year-over-year. Product and Service, Other generated $753M in revenue, accounting 9.11% of the company's total revenue, up 1.62% year-over-year.

What is Carvana’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Carvana was Used Vehicle Sales. This segment made a revenue of $7.51B, representing 90.89% of the company's total revenue.