Carvana (CVNA) Shares Outstanding (Diluted) (2019 - 2026)
Carvana (CVNA) recorded Weighted Average Shares Outstanding (Diluted) of 739.91 million in Q3 2026, up 1.2% from 731.37 million a year earlier and unchanged from the prior quarter.
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Analysis
Carvana (CVNA) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, Carvana reported Weighted Average Shares Outstanding (Diluted) of 1.12 billion, up 69.6% from FY2024.
- Annual Weighted Average Shares Outstanding (Diluted) has a five-year compound annual growth rate of 28.1% (FY2020 to FY2025).
- Across earlier years, Weighted Average Shares Outstanding (Diluted) came in at 661.03 million in FY2024 (-34.1%), 1 billion in FY2023 (+98.9%), 504.14 million in FY2022 (+21.8%) and 414.03 million in FY2021 (+27.4%).
- Quarterly Weighted Average Shares Outstanding (Diluted) has ranged from 414.03 million in Q4 2021 to 1.12 billion in Q4 2025 over the past five years.
- On a year-over-year basis, Weighted Average Shares Outstanding (Diluted) has increased for six consecutive quarters, with growth averaging 4.0% over the last eight quarters.
- Peak year-over-year performance for Weighted Average Shares Outstanding (Diluted) in the last five years was growth of 100.2% in Q1 2024, against a decline of 42.4% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 739.96 million (Q2 2026), 740.43 million (Q1 2026) and 1.12 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,847.22 Bn | 2,343.89 Bn | 107.37 Bn | 10.93 Bn |
| 2 | Home Depot | 343.09 Bn | 336.34 Bn | 16.12 Bn | 996.00 Mn |
| 3 | Tjx Companies | 151.82 Bn | 129.36 Bn | 5.07 Bn | 1.12 Bn |
| 4 | Lowes Companies | 125.67 Bn | 118.64 Bn | 8.58 Bn | 560.00 Mn |
| 5 | Ross Stores | 74.76 Bn | 57.68 Bn | 2.12 Bn | 319.45 Mn |
| 6 | O Reilly Automotive | 74.56 Bn | 73.65 Bn | 2.52 Bn | 828.88 Mn |
| 7 | Target | 72.04 Bn | 66.63 Bn | 8.94 Bn | 456.60 Mn |
| 8 | Autozone | 53.37 Bn | 52.22 Bn | 3.52 Bn | 16.87 Mn |
| 9 | Carvana | 53.31 Bn | 42.90 Bn | 1.52 Bn | 739.91 Mn |
| 10 | JD.com | 41.55 Bn | -78.65 Bn | 8.74 Bn | 1.49 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 739.91 Mn |
| Jun 30, 2026 | 739.96 Mn |
| Mar 31, 2026 | 740.43 Mn |
| Dec 31, 2025 | 1.12 Bn |
| Sep 30, 2025 | 731.37 Mn |
| Jun 30, 2025 | 716.15 Mn |
| Mar 31, 2025 | 712.94 Mn |
| Dec 31, 2024 | 661.03 Mn |
| Sep 30, 2024 | 667.78 Mn |
| Jun 30, 2024 | 642.33 Mn |
| Mar 31, 2024 | 1.06 Bn |
| Dec 31, 2023 | 1.00 Bn |
| Sep 30, 2023 | 1.03 Bn |
| Jun 30, 2023 | 531.11 Mn |
| Mar 31, 2023 | 530.06 Mn |
| Dec 31, 2022 | 504.14 Mn |
| Sep 30, 2022 | 529.29 Mn |
| Jun 30, 2022 | 507.25 Mn |
| Mar 31, 2022 | 450.48 Mn |
| Dec 31, 2021 | 414.03 Mn |
API Access
Carvana Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=CVNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=CVNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();