OverviewSuggest Edit

Carvana operates an e-commerce platform for buying and selling used cars. Its platform allows customers to research and identify a vehicle, inspect it using company’s proprietary 360-degree vehicle imaging technology, obtain financing and warranty coverage, purchase the vehicle, and schedule delivery or pick-up from their desktop or mobile devices. 

TypePublic
Founded2012
HQTempe, AZ, US
Websitecarvana.com
Employee Ratings3.5
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2018)3,879(+109%)
Job Openings1,001
Revenue (FY, 2020)$5.6 B(+42%)
Share Price (Apr 2021)$294.4(+6%)
Cybersecurity ratingBMore

Carvana Office Locations

Carvana has an office in Tempe
Tempe, AZ, US (HQ)
1930 W Rio Salado Pkwy
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Carvana Financials and Metrics

Carvana Revenue

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Carvana's revenue was reported to be $5.59 b in FY, 2020
USD

Revenue (FY, 2020)

5.6b

Gross profit (FY, 2020)

793.8m

Gross profit margin (FY, 2020), %

14.2%

Net income (FY, 2020)

(462.2m)

Market capitalization (26-Apr-2021)

48.9b

Closing stock price (26-Apr-2021)

294.4

Cash (31-Dec-2020)

300.8m

EV

50.5b
Carvana's current market capitalization is $48.9 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

858.9m2.0b3.9b5.6b

Cost of goods sold

790.8m1.8b3.4b4.8b

Gross profit

68.1m196.7m506.4m793.8m

Gross profit Margin, %

8%10%13%14%
Quarterly
USDQ2, 2017Q3, 2017Q1, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

209.4m225.4m360.4m755.2m855.8m931.0m1.1b991.8m1.3b

Cost of goods sold

193.3m205.0m326.2m666.7m959.8m

Gross profit

16.0m20.4m34.2m88.5m138.4m

Gross profit Margin, %

8%9%9%12%13%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

172.7m76.0m300.8m

Accounts Receivable

14.1m39.9m78.6m

Inventories

227.4m762.7m1.0b

Current Assets

489.7m1.4b1.9b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

144.4m103.5m121.5m85.3m40.2m94.9m72.4m246.3m173.7m

Accounts Receivable

13.8m11.6m21.0m38.2m42.1m59.0m26.6m45.5m82.9m

Inventories

174.4m192.2m299.8m525.7m606.5m629.8m844.7m629.4m967.5m

Current Assets

376.9m366.2m541.3m876.8m957.5m1.1b1.4b1.6b1.7b
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

(164.3m)(364.6m)(462.2m)

Inventories

(40.8m)(183.1m)(344.9m)(263.3m)

Cash From Operating Activities

(199.9m)(414.3m)(757.1m)(608.4m)

Purchases of PP&E

(78.5m)(143.7m)(230.5m)(359.8m)
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Carvana Operating Metrics

Apr, 2020

Vehicles in Stock

25 k
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Carvana Acquisitions / Subsidiaries

Company NameDateDeal Size
CarlypsoAugust 08, 2017

Carvana Cybersecurity Score

Cybersecurity ratingPremium dataset

B

81/100

SecurityScorecard logo

Carvana Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Carvana Online and Social Media Presence

Embed Graph

Carvana Company Culture

  • Overall Culture

    A-

    79/100

  • CEO Rating

    A+

    88/100

  • Compensation

    A-

    81/100

  • Diversity

    B

    74/100

Learn more on Comparably

Carvana News and Updates

Carvana stock has 60% upside, Morgan Stanley says

Adam Jonas at Morgan Stanley on Friday upgraded his rating on Carvana Co. stock to the equivalent of buy and with a price target of $420, from $225. The price target represents a 60% upside from recent share prices. Describing Carvana as "just a 'used car dealer' is like describing (Amazon.com Inc.…

Thinking about trading options or stock in Beyond Meat, Exxon Mobil, Sprouts Farmers Market, Carvana, or Carnival Corp?

NEW YORK, Feb. 26, 2021 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BYND, XOM, SFM, CVNA, and CCL. Click a link below then choose between in-depth options trade idea report or a stock score report. Options Report – Ideal trade ideas on up to seven different...

Carvana becomes the darling of hedge funds, who believe it can be the 'Amazon of cars'

Carvana, a major holding of several top hedge funds, will report its latest earnings results on Thursday.

Stocks making the biggest moves midday: Big Lots, Carvana, Cloudera, DocuSign & more

Check out the companies making headlines in midday trading.

Here are Friday's biggest analyst calls of the day: Boeing, Carvana, GE, Dish & more

Here are the biggest calls on Wall Street on

Stocks making the biggest moves midday: Amazon, Carvana, Tesla, Peloton and more

Names on the move ahead of the open.
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Carvana Blogs

Will an autonomous car be a great choice for you?

Autonomous cars will benefit everyone in the future. They will help passengers, other drivers, the city, and the environment.

What are the advantages of autonomous vehicles?

Today, there are so-called autonomous vehicles for sale; however, they can't safely drive to a destination without any input from a person. However, the technology is advancing, and it's fueling the semi-automated automobile market every year.

Five industry giants leading the self-driving car market

Wireless technology such as 5G is expected to propel self-driving car capability. With it, each vehicle will be able to communicate with one another as well as with traffic lights and other data sources.

Is autonomous driving a reality in 2021?

Is substantial progress being made in the autonomous driving space? What is keeping the science-fiction trope of the past from becoming a reality?

Key obstacles facing the autonomous vehicle industry

Autonomous cars will detect hazards better than human drivers in the future. However, the technology that's currently in development needs some refinements and better learning algorithms.

Part minivan, part SUV: Meet the Ford Flex

With 44.3 inches of legroom and 40.5 inches of headroom, the second row of the Ford Flex is an incredibly comfortable area of the car.
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Carvana Frequently Asked Questions

  • When was Carvana founded?

    Carvana was founded in 2012.

  • How many employees does Carvana have?

    Carvana has 3,879 employees.

  • What is Carvana revenue?

    Latest Carvana annual revenue is $5.6 b.

  • What is Carvana revenue per employee?

    Latest Carvana revenue per employee is $1.4 m.

  • Who are Carvana competitors?

    Competitors of Carvana include ACV Auctions, Vroom and AUTO1.

  • Where is Carvana headquarters?

    Carvana headquarters is located at 1930 W Rio Salado Pkwy, Tempe.

  • Where are Carvana offices?

    Carvana has an office in Tempe.

  • How many offices does Carvana have?

    Carvana has 1 office.