Carvana (CVNA) Net Income (2016 - 2026)

Carvana (CVNA) recorded quarterly Net Income of $405.0 million in Q1 2026, down 58.07% quarter-over-quarter from $966.0 million in Q4 2025, and up 8.58% on a YoY basis from $373.0 million in Q1 2025.

Carvana (CVNA) Net Income (2016 - 2026) Analysis & Trends

Carvana's Net Income history runs 11 years deep, the most recent figure standing at $405.0 million for 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 was $405.0 million for Q1 2026 at Carvana, down from $966.0 million in the prior quarter.
  • In the past five years, Net Income ranged from a high of $966.0 million in Q4 2025 to a low of -$1.4 billion in Q4 2022.
  • Historically, Net Income has averaged -$1.9 million across 5 years, with a median of $49.0 million in 2024.
  • The sharpest annual moves came in 2022 and 2025: Net Income tumbled 1075.56% in 2022, then jumped 661.22% in 2025.
  • A 5-year view of Net Income shows it 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 tumbled by 58.07% to $405.0 million in 2026.
  • The last three Net Income figures came in at $405.0 million (Q1 2026), $966.0 million (Q4 2025), and $263.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Income (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn -17.34 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn 405.00 Mn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn -120.68 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 102.00 Mn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 205.40 Mn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn 61.68 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn -500,000.00
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn 48.90 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 300,000.00
10 Asbury Automotive 3.63 Bn 3.60 Bn 726.90 Mn 187.80 Mn

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