Operating Income for Carvana (CVNA)
According to Carvana's latest reported financial statements, the company's current operating income (TTM) is $1.88B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
CVNA
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.88B
YoY change
+87.7%
5Y CAGR
N/A
Peak year (2025)
$1.88B
Cumulative operating income
$72.52M
Operating Income history chart for Carvana (CVNA) from 2014 to 2025
Operating Income history table for Carvana (CVNA) from 2014 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.88B | +87.7% | ||
| 2024 | $1.00B | -1352.5% | ||
| 2023 | -$80.00M | -94.6% | ||
| 2022 | -$1.49B | +1332.7% | ||
| 2021 | -$104.00M | -68.7% | ||
| 2020 | -$332.40M | +18.6% | ||
| 2019 | -$280.30M | +22.6% | ||
| 2018 | -$228.55M | +47.2% | ||
| 2017 | -$155.31M | +73.6% | ||
| 2016 | -$89.48M | +153.3% | ||
| 2015 | -$35.33M | +133.9% | ||
| 2014 | -$15.11M | — |
Operating Income values are taken from Carvana's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Carvana (CVNA) operating income is $1.88B – surged 87.7% year-over-year.
The highest annual operating income of $1.88B was reported in 2025. The lowest in the available history was -$1.49B in 2022.
Within Consumer Cyclical, Carvana (CVNA) ranks 9th among 8 peers we track. The peer median for operating income is $16.64B.
Carvana Operating Income by Year
Carvana Operating Income 2025: $1.88B
Carvana operating income in 2025 was $1.88B, surged 87.7% from 2024. This figure represents the highest annual value in the available history.
Carvana Operating Income 2024: $1.00B
Carvana operating income in 2024 was $1.00B, plunged 1352.5% below 2023.
Carvana Operating Income 2023: -$80.00M
Carvana operating income in 2023 was -$80.00M, plunged 94.6% below 2022.
Carvana Operating Income 2022: -$1.49B
Carvana operating income in 2022 was -$1.49B, surged 1332.7% from 2021. This figure represents the lowest annual value in the available history.
Carvana Operating Income 2021: -$104.00M
Carvana operating income in 2021 was -$104.00M.
See more financial history for Carvana (CVNA).
Sector peers — Operating Income
Companies in the same sector as Carvana, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Alibaba Group Holding Limited (BABA) | $140.91B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | $92.05B | Consumer Cyclical |
| Amazon.com, Inc. (AMZN) | $79.97B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | $20.89B | Consumer Cyclical |
| McDonald's Corporation (MCD) | $12.39B | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | $9.28B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | $7.18B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | $4.36B | Consumer Cyclical |
Frequently asked questions
What is Carvana's operating income?
- Latest reported operating income for Carvana (CVNA) is $1.88B (period ending December 31, 2025).
How has Carvana operating income changed year-over-year?
- Carvana (CVNA) operating income changed +87.7% year-over-year on the latest annual filing.
When did Carvana operating income hit its highest annual value?
- Carvana operating income reached its highest annual value of $1.88B in 2025.
What was Carvana operating income in 2024?
- Carvana (CVNA) operating income in 2024 was $1.00B.
What was Carvana operating income in 2025?
- Carvana (CVNA) operating income in 2025 was $1.88B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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