Carvana CVNA
NYSE CVNA
$65.12 -0.75 (-1.14%)
At close: Sep 18, 2026 · 4:00 PM EDT

Carvana (CVNA) Operating Income (2016 - 2026)

Carvana (CVNA) posted Operating Income of $680.0 million for Q2 2026, up 17.04% on a QoQ basis from $581.0 million in Q1 2026, and up 33.07% year-over-year from $511.0 million in Q2 2025.

Analysis

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

Carvana has reported Operating Income for 11 years, with the latest figure at $680.0 million in Q2 2026.

  • On a quarterly basis, Operating Income rose 33.07% year-over-year to $680.0 million in Q2 2026; TTM through Jun 2026 was $2.2 billion, a 48.93% increase from a year earlier, with the FY2025 full-year figure at $1.9 billion, up 90.0% from the prior year.
  • Operating Income was $680.0 million for Q2 2026 at Carvana, up from $581.0 million in the prior quarter.
  • The five-year high for Operating Income was $680.0 million in Q2 2026, with the low at -$439.0 million in Q4 2022.
  • Average Operating Income over 5 years is $142.3 million, with a median of $196.5 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Operating Income sank 1191.3% in 2022, then surged 784.21% in 2024.
  • Over 5 years, Operating Income stood at -$439.0 million in 2022, then jumped by 91.34% to -$38.0 million in 2023, then soared by 784.21% to $260.0 million in 2024, then jumped by 63.08% to $424.0 million in 2025, then jumped by 60.38% to $680.0 million in 2026.
  • The last three Operating Income figures came in at $680.0 million (Q2 2026), $581.0 million (Q1 2026), and $424.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Carvana 71.60 Bn 69.97 Bn 1.38 Bn 680.00 Mn
2 Penske Automotive 13.96 Bn 13.91 Bn 1.36 Bn 337.60 Mn
3 Carmax 8.11 Bn 7.52 Bn 854.41 Mn 219.24 Mn
4 Lithia Motors 6.96 Bn 6.62 Bn 1.50 Bn 448.30 Mn
5 Autonation 5.57 Bn 5.51 Bn 1.23 Bn 319.00 Mn
6 Sonic Automotive 5.24 Bn 5.22 Bn 616.20 Mn 131.60 Mn
7 Uxin 5.15 Bn 5.21 Bn 10.88 Mn -9.65 Mn
8 Asbury Automotive 3.29 Bn 3.25 Bn 753.10 Mn 219.50 Mn
9 Group 1 Automotive 2.94 Bn 2.77 Bn 860.60 Mn 203.10 Mn
10 Marinemax 1.16 Bn 996.41 Mn 218.08 Mn 37.22 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 680.00 Mn
Mar 31, 2026 581.00 Mn
Dec 31, 2025 424.00 Mn
Sep 30, 2025 552.00 Mn
Jun 30, 2025 511.00 Mn
Mar 31, 2025 394.00 Mn
Dec 31, 2024 260.00 Mn
Sep 30, 2024 337.00 Mn
Jun 30, 2024 259.00 Mn
Mar 31, 2024 134.00 Mn
Dec 31, 2023 -38.00 Mn
Sep 30, 2023 48.00 Mn
Jun 30, 2023 42.00 Mn
Mar 31, 2023 -132.00 Mn
Dec 31, 2022 -439.00 Mn
Sep 30, 2022 -297.00 Mn
Jun 30, 2022 -325.00 Mn
Mar 31, 2022 -429.00 Mn
Dec 31, 2021 -104.00 Mn
Sep 30, 2021 -23.00 Mn