Carvana Co.

CVNA Consumer Cyclical Auto & Truck Dealerships

Carvana Co.’s revenue for fiscal 2025 (year ended December 2025) was $20.3 billion, up 48.6% from fiscal 2024.

Revenue
+42.4%
EPS
+210.2%
Free cash flow
+59.4%
Total debt
+0.48%

Quarter to September 2026, against a year earlier

72.34 5.22 −6.73%
Market cap
$79.5B
P/E
27.2×
Fwd P/E
41.2×
Dividend yield
—
F-score
6/9
Altman Z
6.34
Beneish M
−0.99
Dividend safety
n/a

Carvana Co. (CVNA) Shares outstanding

Alert me on Shares outstanding

Carvana Co.'s shares outstanding at the end of fiscal 2025 was $1.1B, up 69.6% from $661.0M in fiscal 2024. At the end of the quarter to 30 September 2026 it was $739.9M. Over the past ten years it has ranged from $75.0M (fiscal 2016) to $1.1B (fiscal 2025) — the current reading is the highest in ten years. Carvana Co. ranks 1st of 23 Auto & Truck Dealerships companies by shares outstanding.

Shares outstanding, annual

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Annual newest first

Period Shares outstanding Change
FY2025 $1.1B 69.64%
FY2024 $661.0M (34.09%)
FY2023 $1.0B 98.93%
FY2022 $504.1M 21.77%
FY2021 $414.0M 27.43%
FY2020 $324.9M 38.71%
FY2019 $234.2M 55.93%
FY2018 $150.2M 97.12%
FY2017 $76.2M 1.61%
FY2016 $75.0M 0.00%

Quarterly newest first

Period Shares outstanding Change
Sep 2026 $739.9M (0.01%)
Jun 2026 $740.0M (0.06%)
Mar 2026 $740.4M (33.97%)
Dec 2025 $1.1B 53.33%
39 more quarters

Against its own ten years

Low $75.0M High $1.1B
Ten-year median $324.9M
Current reading's percentile 100

Shares outstanding against peers

What Shares outstanding is

Shares (Diluted, Weighted) tells an investor how many shares a company’s earnings are spread across once potential new shares are counted.

Reported line item

The full definition of Shares outstanding →

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