Carvana (CVNA) Revenue & Revenue Breakdown
Carvana Revenue Highlights
Latest Revenue (Y)
$10.77B
Latest Revenue (Q)
$3.41B
Main Segment (Y)
Used Vehicle Sales
Carvana Revenue by Period
Carvana Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $10.77B | -20.82% |
| 2022-12-31 | $13.60B | 6.17% |
| 2021-12-31 | $12.81B | 129.37% |
| 2020-12-31 | $5.59B | 41.79% |
| 2019-12-31 | $3.94B | 101.48% |
| 2018-12-31 | $1.96B | 127.68% |
| 2017-12-31 | $858.87M | 135.21% |
| 2016-12-31 | $365.15M | 180.04% |
| 2015-12-31 | $130.39M | 212.85% |
| 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
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $3.41B | 11.40% |
| 2024-03-31 | $3.06B | 26.28% |
| 2023-12-31 | $2.42B | -12.59% |
| 2023-09-30 | $2.77B | -6.57% |
| 2023-06-30 | $2.97B | 13.89% |
| 2023-03-31 | $2.61B | -8.14% |
| 2022-12-31 | $2.84B | -16.21% |
| 2022-09-30 | $3.39B | -12.82% |
| 2022-06-30 | $3.88B | 11.07% |
| 2022-03-31 | $3.50B | -6.82% |
| 2021-12-31 | $3.75B | 7.84% |
| 2021-09-30 | $3.48B | 4.32% |
| 2021-06-30 | $3.34B | 48.60% |
| 2021-03-31 | $2.25B | 22.92% |
| 2020-12-31 | $1.83B | 18.32% |
| 2020-09-30 | $1.54B | 38.03% |
| 2020-06-30 | $1.12B | 1.83% |
| 2020-03-31 | $1.10B | -0.49% |
| 2019-12-31 | $1.10B | 0.80% |
| 2019-09-30 | $1.09B | 11.02% |
| 2019-06-30 | $986.22M | 30.58% |
| 2019-03-31 | $755.23M | 29.14% |
| 2018-12-31 | $584.84M | 9.33% |
| 2018-09-30 | $534.92M | 12.55% |
| 2018-06-30 | $475.29M | 31.87% |
| 2018-03-31 | $360.42M | 35.98% |
| 2017-12-31 | $265.05M | 17.60% |
| 2017-09-30 | $225.38M | 7.65% |
| 2017-06-30 | $209.37M | 31.62% |
| 2017-03-31 | $159.07M | 48.91% |
| 2016-12-31 | $106.83M | 8.08% |
| 2016-09-30 | $98.84M | 14.24% |
| 2016-06-30 | $86.53M | 18.61% |
| 2016-03-31 | $72.95M | - |
Carvana generated $3.41B in revenue during Q2 2024, up 11.40% compared to the previous quarter, and up 130.85% compared to the same period a year ago.
Carvana Revenue Breakdown
Carvana Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Product and Service, Other | $753.00M | $741.00M | $1.04B | $400.73M | $251.71M |
| Used Vehicle Sales | $7.51B | $10.25B | $9.85B | $4.74B | $3.42B |
| 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/Service | Jun 24 | Mar 24 | Dec 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product and Service, Other | $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 | $67.42M |
| Used Vehicle Sales | $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 | $855.78M |
| 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 | $63.01M |
Carvana's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Used Vehicle Sales (89.63%), and Product and Service, Other (10.37%).
Carvana Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| LAD | Lithia Motors | $31.04B | $9.23B |
| AN | AutoNation | $26.95B | $6.48B |
| KMX | CarMax | $26.54B | $7.11B |
| ABG | Asbury Automotive Group | $14.80B | $4.25B |
| CVNA | Carvana | $10.77B | $3.41B |
| CZOO | Cazoo Group | $1.25B | $218.93M |
| VRM | Vroom | $893.20M | $9.02M |
| SFT | Shift | $670.75M | $47.26M |
| SDA | SunCar Technology Group | $363.75M | $102.18M |
| UCAR | U Power | $19.76M | $2.47M |
| JZXN | Jiuzi | $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 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). The company'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). CVNA's quarterly revenue for Q4 2023 was $2.42B, a -12.59% decrease from the previous quarter (Q3 2023), and a -14.56% decrease year-over-year (Q4 2022).
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 Product and Service, Other, and Used Vehicle Sales. Product and Service, Other generated $753M in revenue, accounting 9.11% of the company's total revenue, up 1.62% year-over-year. Used Vehicle Sales generated $7.51B in revenue, accounting 90.89% of the company's total revenue, down -26.72% 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.