Carvana (CVNA) Revenue — Quarter Ended Mar 31, 2026
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth rate was smaller than the year-over-year rate.
Key takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
Revenue for the quarter increased compared to both the immediately preceding quarter and the same quarter one year earlier. The sequential growth rate was smaller than the year-over-year rate.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6.4B
Revenue reported for this quarter.
Quarter-over-quarter
+14.8%
Change from the immediately preceding quarter.
Year-over-year
+52.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$22.5B
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 |
|---|---|---|
| Jun 30, 2025 | $4.8B | +41.9% |
| Sep 30, 2025 | $5.6B | +54.5% |
| Dec 31, 2025 | $5.6B | +58.0% |
| Mar 31, 2026 | $6.4B | +52.0% |
Revenue performance
The reported revenue rose from the prior quarter, continuing an upward trend observed over recent periods. This marks another quarter of expansion for the company.
Quarterly comparison
Compared to the immediately preceding quarter, revenue increased. The year-over-year comparison also showed a substantial increase relative to the same quarter one year earlier.
What to watch
The sequential growth rate, while positive, was lower than the year-over-year rate, suggesting a potential moderation in the pace of expansion.