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
DateValue
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