Carvana (CVNA) Cost of Revenue (2016 - 2026)
Carvana (CVNA) posted quarterly Cost of Revenue of $6.0 billion for Q2 2026, up 58.69% year-over-year from $3.8 billion in Q2 2025, and up 16.1% quarter-over-quarter from $5.2 billion in Q1 2026.
Carvana (CVNA) Cost of Revenue (2016 - 2026) Analysis & Trends
Carvana's Cost of Revenue history runs 11 years deep, the most recent figure standing at $6.0 billion for Q2 2026.
- In Q2 2026, Cost of Revenue rose 58.69% year-over-year to $6.0 billion; the TTM figure through Jun 2026 stood at $20.2 billion (up 58.95% YoY), while the FY2025 annual figure was $16.1 billion, up 49.39% from the prior year.
- Cost of Revenue for Q2 2026 stood at $6.0 billion, up from $5.2 billion in the prior quarter.
- The five-year high for Cost of Revenue was $6.0 billion in Q2 2026, with the low at $2.0 billion in Q4 2023.
- The 5-year median for Cost of Revenue is $2.9 billion (2022), against an average of $3.3 billion.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 4164.52% in 2022, then retreated 29.21% in 2023.
- Carvana's Cost of Revenue stood at $2.6 billion in 2022, then slipped by 23.52% to $2.0 billion in 2023, then surged by 37.69% to $2.8 billion in 2024, then jumped by 63.51% to $4.6 billion in 2025, then surged by 31.63% to $6.0 billion in 2026.
- Business Quant data shows CVNA's Cost of Revenue at $6.0 billion in Q2 2026, $5.2 billion in Q1 2026, and $4.6 billion in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 79.07 Bn | 79.06 Bn | - | - |
| 2 | Carvana | 51.13 Bn | 48.39 Bn | 1.38 Bn | 5.99 Bn |
| 3 | Penske Automotive | 14.25 Bn | 14.18 Bn | 1.36 Bn | 7.16 Bn |
| 4 | Lithia Motors | 8.52 Bn | 8.15 Bn | 1.50 Bn | 8.29 Bn |
| 5 | Carmax | 8.24 Bn | 7.64 Bn | 854.41 Mn | 7.16 Bn |
| 6 | Autonation | 6.98 Bn | 6.92 Bn | 1.23 Bn | 5.70 Bn |
| 7 | Autozi Internet Technology (Global) | 6.87 Bn | 6.68 Bn | - | - |
| 8 | Rush Enterprises Inc \Tx\ | 6.28 Bn | 6.01 Bn | 361.67 Mn | 1.54 Bn |
| 9 | Valvoline | 4.30 Bn | 4.22 Bn | 214.90 Mn | 329.70 Mn |
| 10 | Openlane | 4.20 Bn | 4.02 Bn | 248.20 Mn | 306.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.99 Bn |
| Jun 30, 2026 | 5.99 Bn |
| 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 |