Carvana (CVNA) Shares Outstanding (Diluted Average) (2019 - 2026)

Carvana (CVNA) recorded quarterly Shares Outstanding (Diluted Average) of $148.1 million in Q1 2026, down 33.97% quarter-over-quarter from $224.3 million in Q4 2025, and up 3.86% on a YoY basis from $142.6 million in Q1 2025.

Carvana (CVNA) Shares Outstanding (Diluted Average) (2019 - 2026) Analysis & Trends

Carvana's Shares Outstanding (Diluted Average) history runs 8 years deep, the most recent figure standing at $148.1 million for Q1 2026.

  • In Q1 2026, Shares Outstanding (Diluted Average) rose 3.86% year-over-year to $148.1 million; the TTM figure through Mar 2026 stood at $148.1 million (up 3.86% YoY), while the FY2025 annual figure was $224.3 million, up 69.64% from the prior year.
  • Shares Outstanding (Diluted Average) was $148.1 million for Q1 2026 at Carvana, down from $224.3 million in the prior quarter.
  • In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $224.3 million in Q4 2025 to a low of $90.1 million in Q1 2022.
  • Historically, Shares Outstanding (Diluted Average) has averaged $141.8 million across 5 years, with a median of $133.6 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Shares Outstanding (Diluted Average) soared 107.76% in 2023, then tumbled 35.15% in 2024.
  • A 5-year view of Shares Outstanding (Diluted Average) shows it stood at $100.8 million in 2022, then surged by 98.93% to $200.6 million in 2023, then tumbled by 34.09% to $132.2 million in 2024, then jumped by 69.64% to $224.3 million in 2025, then tumbled by 33.97% to $148.1 million in 2026.
  • The last three Shares Outstanding (Diluted Average) figures came in at $148.1 million (Q1 2026), $224.3 million (Q4 2025), and $144.1 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares (Diluted Avg.) (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn 8.85 Bn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn 148.09 Mn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn 147.61 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 23.40 Mn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 35.10 Mn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn 79.87 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn 128.30 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn -
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 11.90 Mn
10 Asbury Automotive 3.63 Bn 3.60 Bn 726.90 Mn 19.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 148.09 Mn
Dec 31, 2025 224.28 Mn
Sep 30, 2025 144.10 Mn
Jun 30, 2025 142.92 Mn
Mar 31, 2025 142.59 Mn
Dec 31, 2024 132.21 Mn
Sep 30, 2024 133.56 Mn
Jun 30, 2024 126.76 Mn
Mar 31, 2024 212.24 Mn
Dec 31, 2023 200.58 Mn
Sep 30, 2023 205.96 Mn
Jun 30, 2023 106.22 Mn
Mar 31, 2023 106.01 Mn
Dec 31, 2022 100.83 Mn
Sep 30, 2022 99.13 Mn
Jun 30, 2022 95.77 Mn
Mar 31, 2022 90.10 Mn
Dec 31, 2021 82.81 Mn
Sep 30, 2021 81.43 Mn
Jun 30, 2021 79.75 Mn