Carvana
Carvana Co., trading as CVNA on the New York Stock Exchange, operates as the leading e-commerce platform for buying and selling used cars in the United States. The company's website is located at investors.carvana.com. Founded in 2012, Carvana has transformed the automotive retail experience through a vertically… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Carvana does
In the company’s own words
Carvana Co., trading as CVNA on the New York Stock Exchange, operates as the leading e-commerce platform for buying and selling used cars in the United States. The company's website is located at investors.carvana.com. Founded in 2012, Carvana has transformed the automotive retail experience through a vertically integrated business model that combines comprehensive online sales capabilities with a sophisticated supply chain infrastructure.
The company's core business centers on retail vehicle sales, which generate the majority of revenue while enabling additional revenue streams from integrated financing, complementary products, and trade-in vehicles. Carvana's platform allows consumers to browse an inventory of over 75,000 vehicles online, complete with patented 360-degree virtual tours powered by proprietary photography technology. The company offers integrated financing through its proprietary loan origination platform, complementary products including vehicle service contracts and guaranteed asset protection coverage, and partnerships for auto insurance solutions.
Carvana operates a nationwide logistics network spanning 316 metropolitan statistical areas, with in-house distribution servicing over eighty percent of the U.S. population as of December 31, 2025. The company maintains a network of inspection and reconditioning centers with capacity to process approximately 1.5 million vehicles annually at full utilization. The company operates 39 patented car vending machines across the country, which serve as distinctive pickup locations and brand awareness drivers. As of December 31, 2025, Carvana employed over 23,100 full-time and part-time employees.
Since inception through December 31, 2025, Carvana has sold 2.8 million retail vehicles and generated $84.1 billion in total revenue. The company estimates its current market share at approximately 1.6 percent of the approximately 37 million annual used vehicle retail transactions in the United States. Carvana holds 51 issued U.S. patents covering vending machine technology, photography systems, website interfaces, and artificial intelligence applications, along with 28 domestic trademark registrations. The company's competitive advantages stem from its purpose-built vertically integrated platform, differentiated shopping experience, proprietary financing technology, and scaled infrastructure that creates powerful network effects through its nationally pooled inventory model.
Company details
- Sector
- Consumer Discretionary
- Industry (SIC)
- Retail
- Headquarters
- TEMPE, AZ
- Fiscal year end
- December
- CIK
- 1690820
- SIC
- 5500
Financial performance, year by year
Fiscal 2017–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Carvana — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Superinvestors in Carvana · what they did last quarter
Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.
Largest fund holders · Carvana’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Carvana’s bonds, as funds hold them
Funds report holding 6 issues of Carvana’s debt, $2.10B at market value — what funds hold, not the company’s total debt. Weighted-average coupon 8.96%, maturing 2027 to 2031.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
Put this business in context.
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