Shares Outstanding for Carvana (CVNA)
According to Carvana's latest reported financial statements, the company's latest reported diluted shares outstanding is 225.52M. Diluted weighted-average shares outstanding is the share count used to compute per-share metrics like EPS. Buybacks lower it; new issuance, stock-based compensation, and convertible securities raise it. Multiply by the stock price for market capitalization.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

CVNA
Currently viewingShares OutstandingSwitch metric
Latest period
225.52M
YoY change
+69.6%
5Y CAGR
+28.1%
Peak year (2025)
224.28M
Latest annual
224.28M
Shares Outstanding history chart for Carvana (CVNA) from 2014 to 2025
Shares Outstanding history table for Carvana (CVNA) from 2014 to 2025
| Fiscal year | Period ended | Reported | Shares Outstanding | YoY |
|---|---|---|---|---|
| 2025 | 224.28M | +69.6% | ||
| 2024 | 132.21M | -34.1% | ||
| 2023 | 200.58M | +98.9% | ||
| 2022 | 100.83M | +21.8% | ||
| 2021 | 82.81M | +27.4% | ||
| 2020 | 64.98M | +38.7% | ||
| 2019 | 46.85M | +55.9% | ||
| 2018 | 30.04M | +97.1% | ||
| 2017 | 15.24M | +1.6% | ||
| 2016 | 15.00M | 0.0% | ||
| 2015 | 15.00M | 0.0% | ||
| 2014 | 15.00M | — |
Shares Outstanding 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
2025's annual diluted shares outstanding for Carvana (CVNA) came in at 224.28M – surged 69.6% year-over-year.
Across 2020–2025 (5 years), Carvana diluted shares outstanding produced a CAGR of +28.1% – with the latest reading among the more recent periods of the dataset.
The dataset's maximum diluted shares outstanding sits at 224.28M (2025); the minimum reading of 15.00M dates to 2014.
Among 8 Consumer Cyclical peers, Carvana (CVNA) ranks 9th; the peer median for diluted shares outstanding is 1.30B.
Carvana Shares Outstanding by Year
Carvana Shares Outstanding 2025: 224.28M
Carvana diluted shares outstanding in 2025 was 224.28M, surged 69.6% from 2024. This figure represents the highest annual value in the available history.
Carvana Shares Outstanding 2024: 132.21M
Carvana diluted shares outstanding in 2024 was 132.21M, plunged 34.1% below 2023.
Carvana Shares Outstanding 2023: 200.58M
Carvana diluted shares outstanding in 2023 was 200.58M, surged 98.9% from 2022.
Carvana Shares Outstanding 2022: 100.83M
Carvana diluted shares outstanding in 2022 was 100.83M, grew 21.8% from 2021.
Carvana Shares Outstanding 2021: 82.81M
Carvana diluted shares outstanding in 2021 was 82.81M.
See more financial history for Carvana (CVNA).
Sector peers — Shares Outstanding
Companies in the same sector as Carvana, ranked by their latest diluted shares outstanding.
| Company | Shares Outstanding | Sector |
|---|---|---|
| Amazon.com, Inc. (AMZN) | 10.83B | Consumer Cyclical |
| Tesla, Inc. (TSLA) | 3.53B | Consumer Cyclical |
| Alibaba Group Holding Limited (BABA) | 2.41B | Consumer Cyclical |
| PDD Holdings Inc. (PDD) | 1.48B | Consumer Cyclical |
| The TJX Companies, Inc. (TJX) | 1.13B | Consumer Cyclical |
| The Home Depot, Inc. (HD) | 997.00M | Consumer Cyclical |
| Booking Holdings Inc. (BKNG) | 815.98M | Consumer Cyclical |
| McDonald's Corporation (MCD) | 716.40M | Consumer Cyclical |
Frequently asked questions
What is Carvana's diluted shares outstanding?
- Latest reported diluted shares outstanding for Carvana (CVNA) is 225.52M (period ending December 31, 2025).
How has Carvana diluted shares outstanding changed year-over-year?
- Carvana (CVNA) diluted shares outstanding changed +69.6% year-over-year on the latest annual filing.
What is the long-term growth rate of Carvana diluted shares outstanding?
- Carvana (CVNA) diluted shares outstanding compound annual growth rate is +28.1% over the most recent 5 years available.
When did Carvana diluted shares outstanding hit its highest annual value?
- Carvana diluted shares outstanding reached its highest annual value of 224.28M in 2025.
What was Carvana diluted shares outstanding in 2024?
- Carvana (CVNA) diluted shares outstanding in 2024 was 132.21M.
What was Carvana diluted shares outstanding in 2025?
- Carvana (CVNA) diluted shares outstanding in 2025 was 224.28M.
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