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Carvana

Carvana (NYSE: CVNA) net income

Carvana reported a net profit of $1,407m for fiscal 2025, 570.0% more than in fiscal 2024 ($210.0m). Its net margin was 6.9%. Earnings per share were $10.22.

Net income, in millions of US dollars-93.12016-62.82017-55.52018-115.02019-171.02020-135.02021-1,5872022450.02023210.020241,4072025

Net income by fiscal year

Fiscal yearNet incomeChangeNet marginEarnings per share
2025$1,407m+570.0%6.9%$10.22
2024$210.0m−53.3%1.5%$1.72
2023$450.0m—4.2%$4.12
2022−$1,587m—−11.7%−$15.74
2021−$135.0m—−1.1%−$1.63
2020−$171.0m—−3.1%—
2019−$115.0m—−2.9%—
2018−$55.5m—−2.8%—
2017−$62.8m—−7.3%—
2016−$93.1m—−25.5%—

The change compares each fiscal year with the one before and is not calculated when the previous year closed with a loss. Net margin is net income over revenue from the same filing. Figures are in millions of US dollars, except per-share amounts.

Questions about the net income of Carvana

How much did Carvana earn in fiscal 2025?
Carvana reported a net profit of $1,407m for fiscal 2025. In fiscal 2024 it reported a net profit of $210.0m.
What are the earnings per share of Carvana?
They were $10.22 in fiscal 2025, compared with $1.72 in fiscal 2024.
What is the net margin of Carvana?
In fiscal 2025 its net profit was 6.9% of its revenue.
What was the most profitable year for Carvana?
Of its last 10 fiscal years, fiscal 2025, with $1,407m.
Where do the figures for Carvana come from?
From the annual report (Form 10-K) that Carvana files with the SEC, the US securities regulator. Each fiscal year links to its filing.

Where each figure comes from

From the annual report (Form 10-K) that Carvana files with the SEC. The filing for each fiscal year: 2025 · 2024 · 2023 · 2022 · 2021 · 2020 · 2019 · 2018 · 2017 · 2016. More on Carvana: the Carvana page · annual accounts · revenue · insider transactions.

Information prepared from the accounts the company files with the regulator, for information purposes only. It is not financial advice or a recommendation to buy or sell. Updated on 12 November 2026.