Carvana's Shares Outstanding (Diluted Average) rose 952.34% to $146.3 million in Q3 2025 from the same period last year, while for Sep 2025 it was $146.3 million, marking a year-over-year increase of 952.34%. This contributed to the annual value of $132.2 million for FY2024, which is 3408.75% down from last year.
Per Carvana's latest filing, its Shares Outstanding (Diluted Average) stood at $146.3 million for Q3 2025, which was up 952.34% from $143.2 million recorded in Q2 2025.
Over the past 5 years, Carvana's Shares Outstanding (Diluted Average) peaked at $212.2 million during Q1 2024, and registered a low of $78.1 million during Q1 2021.
Moreover, its 5-year median value for Shares Outstanding (Diluted Average) was $128.5 million (2024), whereas its average is $130.4 million.
Its Shares Outstanding (Diluted Average) has fluctuated over the past 5 years, first skyrocketed by 16537.46% in 2021, then plummeted by 4236.29% in 2022.
Over the past 5 years, Carvana's Shares Outstanding (Diluted Average) (Quarter) stood at $82.8 million in 2021, then grew by 21.77% to $100.8 million in 2022, then surged by 98.93% to $200.6 million in 2023, then plummeted by 34.09% to $132.2 million in 2024, then grew by 10.64% to $146.3 million in 2025.
Its last three reported values are $146.3 million in Q3 2025, $143.2 million for Q2 2025, and $142.6 million during Q1 2025.

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