Carvana (CVNA) Cost of Revenue (2016 - 2026)

Carvana (CVNA) posted quarterly Cost of Revenue of $5.2 billion for Q1 2026, up 56.25% year-over-year from $3.3 billion in Q1 2025, and up 13.38% on a QoQ basis from $4.6 billion in Q4 2025.

Carvana (CVNA) Cost of Revenue (2016 - 2026) Analysis & Trends

Carvana (CVNA) has reported Cost of Revenue for 11 consecutive years, with $5.2 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Cost of Revenue rose 56.25% year-over-year to $5.2 billion; the TTM figure through Mar 2026 stood at $18.0 billion (up 54.67% YoY), while the FY2025 annual figure was $16.1 billion, up 49.39% from the prior year.
  • Cost of Revenue came in at $5.2 billion for Q1 2026 at Carvana, up from $4.6 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $5.2 billion in Q1 2026, with the low at $2.0 billion in Q4 2023.
  • Average Cost of Revenue over 5 years is $3.1 billion, with a median of $2.8 billion recorded in 2024.
  • Across the five-year window, Cost of Revenue jumped 4164.52% in 2022 and declined 29.21% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $2.6 billion in 2022, then retreated by 23.52% to $2.0 billion in 2023, then soared by 37.69% to $2.8 billion in 2024, then surged by 63.51% to $4.6 billion in 2025, then gained by 13.38% to $5.2 billion in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $5.2 billion, $4.6 billion, and $4.5 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - 185.00
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 5.16 Bn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 6.56 Bn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 7.16 Bn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 7.85 Bn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 5.34 Bn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 1.34 Bn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 316.80 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 3.39 Bn
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 4.53 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 5.16 Bn
Mar 31, 2026 5.16 Bn
Dec 31, 2025 4.55 Bn
Dec 31, 2025 4.55 Bn
Sep 30, 2025 4.50 Bn
Sep 30, 2025 4.50 Bn
Jun 30, 2025 3.78 Bn
Jun 30, 2025 3.78 Bn
Mar 31, 2025 3.30 Bn
Mar 31, 2025 3.30 Bn
Dec 31, 2024 2.78 Bn
Dec 31, 2024 2.78 Bn
Sep 30, 2024 2.85 Bn
Sep 30, 2024 2.85 Bn
Jun 30, 2024 2.70 Bn
Jun 30, 2024 2.70 Bn
Mar 31, 2024 2.47 Bn
Mar 31, 2024 2.47 Bn
Dec 31, 2023 2.02 Bn
Dec 31, 2023 2.02 Bn