Carvana's fourth-quarter profit jumps on used-vehicle demand

Carvana Co

18/02/2026 21:05

Feb 18 (Reuters) - Carvana CVNA.O reported higher fourth-quarter profit and revenue on Wednesday, as the online retailer benefited from strong demand for preowned vehicles from Americans battling higher cost of living and the trickle-down effects of tariffs.

The results conclude a remarkable year for the company known for its iconic car vending machines for used vehicles. Its shares more than doubled in 2025 and it entered the benchmark S&P 500.

Overall revenue jumped about 58% to $5.6 billion in the last three months of 2025 from a year earlier. Analysts on average had expected revenue of $5.26 billion, according to data compiled by LSEG.

Carvana's quarterly net income rose to $951 million from $159 million.

The company reported a quarterly profit per share of $4.22 based on 226 million Class A shares.

 (Reporting by Nathan Gomes in Bengaluru; Editing by Sriraj Kalluvila)

 ((Nathan.Gomes@thomsonreuters.com;))