Carvana CVNA Revenue Breakdown

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At close: Sep 18, 2026 · 4:00 PM EDT
Annual revenue breakdowns for Carvana Co., fiscal 2017 to 2025, as reported in its filings.
Annual history

Carvana Co. Revenue by Product and Service

Years FY 2017–2025
Lines 3
FY 2025 Total $4.49B

Wholesale Sales & Revenues was the largest of Carvana Co.’s 3 reported lines in fiscal 2025, at $4.12B — 92% of $4.49B.

Carvana Co. revenue by product and service, fiscal 2017 to 2025
Product and Service FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Wholesale Sales & Revenues $2.61B $2.53B $2.88B $4.12B
Other Sales & Revenues $741.00M $898.00M $1.35B $356.00M
Wholesale Marketplace Revenues $2.00M $9.00M $16.00M $12.00M
Total $13.61B $10.95B $13.93B $4.49B
Totals include 3 discontinued lines from earlier reporting.

Carvana Co. revenue by product and service: what the figures show

In fiscal 2025, which ended December 31, 2025, the 3 revenue lines Carvana Co. reported in this breakdown added up to $4.49B. The revenue lines reported changed from fiscal 2024, so the total is not directly comparable with the $13.93B reported that year. Wholesale Sales & Revenues was the largest revenue line, at $4.12B or 91.8% of the total, followed by Other Sales & Revenues ($356.00M, 7.9%) and Wholesale Marketplace Revenues ($12.00M, 0.3%). Together, the two largest revenue lines made up 99.7% of this total.

Compared with fiscal 2024, Wholesale Sales & Revenues grew the fastest, rising 42.9% to $4.12B. Other Sales & Revenues fell the most, down 73.6% to $356.00M. Because revenue lines were added or dropped between the two years, part of this reflects how Carvana Co. regrouped its reporting.

The table also keeps 3 revenue lines that Carvana Co. no longer reports, so earlier years can still be read on their original basis; use "Show 3 discontinued" beneath the table to see them. This breakdown covers every fiscal year from 2017 to 2025, as reported in Carvana Co.'s annual filings.

Questions

Carvana Co. Revenue Breakdown FAQ

How does Carvana Co. make money?

Carvana Co. (CVNA) breaks its revenue down by revenue line. In fiscal 2025, its largest revenue line was Wholesale Sales & Revenues, with $4.12B or 91.8% of the total, followed by Other Sales & Revenues at $356.00M (7.9%).

What is Carvana Co.'s largest revenue line?

Wholesale Sales & Revenues was Carvana Co.'s largest revenue line in fiscal 2025, with $4.12B in revenue, 91.8% of the $4.49B reported across its 3 revenue lines.

Where does this revenue breakdown data come from?

Every figure is taken from Carvana Co.'s annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.

How far back does Carvana Co.'s revenue breakdown go?

The breakdown by revenue line covers fiscal 2017 to 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.