Sells used cars online to consumers.
Jun 2026Revenue $25.1B/yrExpenses $22.8B/yr
Reached break-even Jan 2024
Figures by year
When did Carvana become profitable?
Its revenue passed its expenses in Jan 2024. In the 12 months to Jun 2026, revenue was $25.1B and expenses $22.8B.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $20.3B | $18.4B | $1.88B |
| Dec 2024 | $13.7B | $12.7B | $990M |
| Dec 2023 | $10.8B | $10.9B | −$80.0M |
| Dec 2022 | $13.6B | $16.0B | −$2.35B |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.