Carvana 2025 revenue up 49%, beats estimates

Carvana Co

18/02/2026 21:15

Overview

E-commerce car platform's 2025 revenue rose 49% yr/yr, beating analyst expectations

Adjusted EBITDA for 2025 missed analyst estimates

Company sold 596,641 retail units in 2025, up 43% yr/yr

Outlook

Carvana expects significant growth in retail units sold and Adjusted EBITDA in FY 2026

Company anticipates sequential increase in retail units sold and Adjusted EBITDA in Q1 2026

Carvana plans to drive significant profitable growth at scale in 2026

Result Drivers

RETAIL UNIT GROWTH - Carvana sold 596,641 retail units in 2025, marking a 43% increase year-over-year, contributing to record revenue and profitability

IMPROVED CUSTOMER EXPERIENCE - Co attributed growth to better selection, faster delivery times, and lower costs, enhancing customer satisfaction

EXPANDED CAPABILITIES - Carvana expanded integrated reconditioning and digital auction capabilities, supporting growth in unit sales and profitability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Beat
$20.30 bln
$20 bln (25 Analysts)
FY Net Income
$1.90 bln
FY Adjusted EBITDA
Miss
$2.20 bln
$2.25 bln (25 Analysts)
FY Adjusted EBITDA Margin
11.00%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 18 "strong buy" or "buy", 7 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the auto vehicles, parts & service retailers peer group is "buy"

Wall Street's median 12-month price target for Carvana Co is $480.00, about 36.8% above its February 17 closing price of $350.94

The stock recently traded at 50 times the next 12-month earnings vs. a P/E of 48 three months ago

Press Release: ID:nBw5xvfQta

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)