Carvana (CVNA) revenue breakdown
By product, Retail vehicle sales, net is the largest at 72% of fiscal 2025 revenue; Wholesale sales and revenues grew fastest, 21% a year over 4 years.
Revenue by product
Fiscal years, as Carvana reports them in its 10-K filings; fiscal 2025 total $20.3B.
| Products | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|
| Retail vehicle sales, net | $9.9B | $10.3B | $7.5B | $9.7B | $14.5B | 72% |
| Wholesale sales and revenues | $1.9B | $2.6B | $2.5B | $2.8B | $4.1B | 20% |
| Other sales and revenues | $1.0B | $741M | $753M | $1.2B | $1.7B | 9% |
Every line, every quarterThe deep dive has fifteen-plus years of statements, quarterly results, charts and valuation models for CVNA.
Open CVNA in InvestinglyQuestions
Where does Carvana make its money?
In fiscal 2025, by product: Retail vehicle sales, net $14.5B, Wholesale sales and revenues $4.1B, Other sales and revenues $1.7B.
From Carvana's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.