Carvana (CVNA) Operating Income (2016 - 2026)
Carvana's Operating Income came in at $714 million for Q3 2026, up 29.3% from $552 million a year earlier and up 5.0% from the prior quarter.
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Analysis
Carvana (CVNA) Operating Income (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Carvana reported Operating Income of $2.4 billion, up 39.7% year-over-year; for FY2025, it came in at $1.88 billion, up 90.0% from FY2024.
- Going back by year, Operating Income was $990 million in FY2024, -$80 million in FY2023, -$2.35 billion in FY2022 and -$104 million in FY2021.
- The Q3 2026 figure represents the highest quarterly Operating Income in data going back to Q2 2016.
- Year-over-year, Operating Income has increased for seven consecutive quarters, with growth averaging 75.4% over the last seven quarters.
- Across the past five years, year-over-year growth in Operating Income ran from 29.3% in Q3 2026 to 602.1% in Q3 2024.
- Business Quant data shows CVNA's Operating Income at $680 million (Q2 2026), $581 million (Q1 2026) and $424 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,583.91 Bn | 2,583.91 Bn | - | 28.08 Bn |
| 2 | Home Depot | 327.32 Bn | 320.57 Bn | 16.12 Bn | 6.84 Bn |
| 3 | Tjx Companies | 155.16 Bn | 132.70 Bn | 5.07 Bn | 1.99 Bn |
| 4 | Lowes Companies | 116.41 Bn | 109.37 Bn | 8.58 Bn | 3.55 Bn |
| 5 | O Reilly Automotive | 72.96 Bn | 72.96 Bn | 2.68 Bn | 1.10 Bn |
| 6 | Ross Stores | 72.59 Bn | 55.51 Bn | 2.12 Bn | 1.10 Bn |
| 7 | Target | 69.63 Bn | 64.22 Bn | 8.94 Bn | 2.56 Bn |
| 8 | Autozone | 52.04 Bn | 50.89 Bn | 3.52 Bn | 1.32 Bn |
| 9 | Carvana | 49.71 Bn | 39.29 Bn | 1.52 Bn | 714.00 Mn |
| 10 | JD.com | 36.48 Bn | -83.72 Bn | 8.74 Bn | 670.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 714.00 Mn |
| 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 |
API Access
Carvana Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=CVNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "CVNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=CVNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();