Carvana (CVNA) Net Income (2016 - 2026)
Carvana (CVNA) posted quarterly Net Income of $405.0 million for Q1 2026, up 8.58% year-over-year from $373.0 million in Q1 2025, and down 58.07% on a QoQ basis from $966.0 million in Q4 2025.
Carvana (CVNA) Net Income (2016 - 2026) Analysis & Trends
Carvana (CVNA) has reported Net Income for 11 consecutive years, with $405.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Income rose 8.58% year-over-year to $405.0 million; the TTM figure through Mar 2026 stood at $1.9 billion (up 166.76% YoY), while the FY2025 annual figure was $1.9 billion, up 372.77% from the prior year.
- Net Income came in at $405.0 million for Q1 2026 at Carvana, down from $966.0 million in the prior quarter.
- The five-year high for Net Income was $966.0 million in Q4 2025, with the low at -$1.4 billion in Q4 2022.
- Average Net Income over 5 years is -$1.9 million, with a median of $49.0 million recorded in 2024.
- Across the five-year window, Net Income plunged 1075.56% in 2022 and jumped 661.22% in 2025, its largest moves.
- Year by year, Net Income stood at -$1.4 billion in 2022, then soared by 86.19% to -$200.0 million in 2023, then jumped by 179.5% to $159.0 million in 2024, then soared by 507.55% to $966.0 million in 2025, then plunged by 58.07% to $405.0 million in 2026.
- According to Business Quant data, Net Income over the past three periods registered $405.0 million, $966.0 million, and $263.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 405.00 Mn |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 234.90 Mn |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 185.63 Mn |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 102.00 Mn |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 205.40 Mn |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 61.68 Mn |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | -500,000.00 |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 187.80 Mn |
| 10 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn | 300,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 405.00 Mn |
| Dec 31, 2025 | 966.00 Mn |
| Sep 30, 2025 | 263.00 Mn |
| Jun 30, 2025 | 308.00 Mn |
| Mar 31, 2025 | 373.00 Mn |
| Dec 31, 2024 | 159.00 Mn |
| Sep 30, 2024 | 148.00 Mn |
| Jun 30, 2024 | 48.00 Mn |
| Mar 31, 2024 | 49.00 Mn |
| Dec 31, 2023 | -200.00 Mn |
| Sep 30, 2023 | 741.00 Mn |
| Jun 30, 2023 | -105.00 Mn |
| Mar 31, 2023 | -286.00 Mn |
| Dec 31, 2022 | -1.45 Bn |
| Sep 30, 2022 | -508.00 Mn |
| Jun 30, 2022 | -439.00 Mn |
| Mar 31, 2022 | -506.00 Mn |
| Dec 31, 2021 | -182.00 Mn |
| Sep 30, 2021 | -68.00 Mn |
| Jun 30, 2021 | 45.00 Mn |