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

Carvana has reported Cost of Revenue for 11 years, with the latest figure at $6.0 billion in Q2 2026.

• On a quarterly basis, Cost of Revenue rose 58.69% year-over-year to $6.0 billion in Q2 2026; TTM through Jun 2026 was $20.2 billion, a 58.95% increase from a year earlier, with the FY2025 full-year figure at $16.1 billion, up 49.39% from the prior year.
• Cost of Revenue was $6.0 billion for Q2 2026 at Carvana, 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.
• Average Cost of Revenue over 5 years is $3.3 billion, with a median of $2.9 billion recorded in 2022.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 4164.52% in 2022, then slipped 29.21% in 2023.
• Over 5 years, Cost of Revenue stood at $2.6 billion in 2022, then declined by 23.52% to $2.0 billion in 2023, then jumped by 37.69% to $2.8 billion in 2024, then soared by 63.51% to $4.6 billion in 2025, then jumped by 31.63% to $6.0 billion in 2026.
• The last three Cost of Revenue figures came in at $6.0 billion (Q2 2026), $5.2 billion (Q1 2026), and $4.6 billion (Q4 2025), per Business Quant data.