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| Date | Value |
|---|---|
| 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 |