Carvana (CVNA) Operating Income (2016 - 2026)
Carvana's Operating Income came in at $680 million for Q2 2026, up 33.1% from $511 million a year earlier and up 17.0% from the prior quarter.
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Analysis
Carvana (CVNA) Operating Income (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Carvana reported Operating Income of $2.24 billion, up 48.9% 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 Q2 2026 figure represents the highest quarterly Operating Income in data going back to Q2 2016.
- Year-over-year, Operating Income has increased for six consecutive quarters, with growth averaging 157.3% over the last seven quarters.
- Across the past five years, year-over-year growth in Operating Income ran from 33.1% in Q2 2026 to 602.1% in Q3 2024.
- Business Quant data shows CVNA's Operating Income at $581 million (Q1 2026), $424 million (Q4 2025) and $552 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | 27.46 Bn |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 6.84 Bn |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 1.99 Bn |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 3.55 Bn |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 1.10 Bn |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 985.75 Mn |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 680.00 Mn |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 2.56 Bn |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 923.76 Mn |
| 10 | JD.com | 32.86 Bn | -77.35 Bn | 8.71 Bn | 670.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
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();