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 Openings1,117
Revenue (FY, 2020)$5.6 B(+42%)
Share Price (Jul 2021)$337.6
Cybersecurity ratingDMore

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 (Q1, 2021)

2.2b

Gross profit (Q1, 2021)

338.0m

Gross profit margin (Q1, 2021), %

15.1%

Net income (Q1, 2021)

(82.0m)

Market capitalization (30-Jul-2021)

58.2b

Closing stock price (30-Jul-2021)

337.6

Cash (31-Mar-2021)

370.0m

EV

60.4b
Carvana's current market capitalization is $58.2 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, 2020Q1, 2021

Revenue

209.4m225.4m360.4m755.2m855.8m931.0m1.1b991.8m1.3b2.2b

Cost of goods sold

193.3m205.0m326.2m666.7m959.8m1.9b

Gross profit

16.0m20.4m34.2m88.5m138.4m338.0m

Gross profit Margin, %

8%9%9%12%13%15%
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, 2020Q1, 2021

Cash

144.4m103.5m121.5m85.3m40.2m94.9m72.4m246.3m173.7m370.0m

Accounts Receivable

13.8m11.6m21.0m38.2m42.1m59.0m26.6m45.5m82.9m118.0m

Inventories

174.4m192.2m299.8m525.7m606.5m629.8m844.7m629.4m967.5m1.4b

Current Assets

376.9m366.2m541.3m876.8m957.5m1.1b1.4b1.6b1.7b2.6b
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

D

66/100

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+

    81/100

  • Compensation

    A-

    80/100

  • Diversity

    B

    74/100

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Carvana News and Updates

AI Identifies Carvana Co Among Today’s Top Shorts Again

Markets have rallied again, reversing Monday’s losses in just a couple of days. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.

Artificial Intelligence Identifies Carvana Co Among Today’s Top Shorts

The S&P 500 is up more than 16% now this year and over 36% in the last 12 months. Make the most of this market with today's best short plays from Q.ai's artificial intelligence.

AI Identifies Carvana Co As A Top Short Today

Inflation is rearing its ugly head again, putting a lid on markets this morning. All three indices traded flat to slightly lower. Find opportunities in today's market with the best short plays.

AI Identifies Carvana Co And Plug Power Inc As Top Shorts Again Today

The Dow gained over 400 points as of this morning, while the S&P 500 traded higher just under 1% and the Nasdaq was up about 0.4%. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.

Carvana Co Ranked Among Today’s Top Shorts

Markets were well in the red this morning with the S&P off about 1.2%, the Dow lower by about 1%, and the Nasdaq taking the brunt of selling pressure down just under 1.5%. Find opportunities in today's market with the best short plays.

AI Identifies Carvana Co Among Today’s Top Shorts

The markets kicked off the holiday-shortened week flat, with the S&P 500 and the Nasdaq trading slightly below their all-time highs, and the Dow traded off about 100 points. Find opportunities in this market with the best short plays of the day from Q.ai's deep learning algorithms.
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Carvana Blogs

Which Tesla model offers the longest driving range?

According to Tesla, their goal is to design a car that gives people the freedom to travel anywhere they want. The automaker has been true to this ideal since the introduction of the first Model S in 2012.

Carvana honors 21 employees with its Car Giveaway

Carvana believes in treating people better. In that light, the company rallied team members across the business to nominate deserving co-workers for a free vehicle to close out a challenging 2020.

How much does it cost to install an EV charger?

In 2019, there were an estimated 7.3 million EV chargers worldwide, of which about 6.5 million units were private, installed by homeowners and those found in workplaces and apartment buildings.

The ultimate guide to Tesla vehicles and their range

Tesla achieves a longer range through improved motor efficiency and a larger battery pack, among other features. Two main factors determine how far your Tesla goes; your driving style and environmental conditions.

How long does it take to charge a Tesla?

An electric car requires a bit more planning to find a charger and factor in the time needed to charge than a gas vehicle that you fill up quickly does. Fortunately, Tesla owners have charging networks available that are among the largest and fastest.

Do all-wheel drive vehicles come with disadvantages?

When you purchase an AWD, you are purchasing a heavy vehicle. AWDs can weigh hundreds of pounds more than identical rear-wheel drives (RWD) and front-wheel drives (FWD.) The problem with this extra weight is the car's acceleration can be negatively affected.
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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.