Carvana (CVNA) Revenue — Quarter Ended Sep 30, 2025
Revenue increased in the quarter. The company's shift toward profitable growth, noted in the filing, continues as revenue expands.
Key takeaway
Quarter ended Sep 30, 2025 · FY2025 Q3
Revenue increased in the quarter. The company's shift toward profitable growth, noted in the filing, continues as revenue expands.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$5.6B
Revenue reported for this quarter.
Quarter-over-quarter
+16.7%
Change from the immediately preceding quarter.
Year-over-year
+54.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$18.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2024 | $3.5B | +46.3% |
| Mar 31, 2025 | $4.2B | +38.3% |
| Jun 30, 2025 | $4.8B | +41.9% |
| Sep 30, 2025 | $5.6B | +54.5% |
Revenue performance
Revenue for the quarter was higher than the immediately preceding quarter.
Quarterly comparison
Compared to the same quarter one year earlier, revenue was also higher.
What to watch
The company's ability to sustain growth while maintaining profitability initiatives will be important to monitor.