Carvana Co.

Carvana Co. is a leading e-commerce platform for buying and selling used cars in the United States. Founded in 2012 and headquartered in Tempe, Arizona, the company offers a fully online car buying experience, including vehicle selection, financing, and home delivery. Carvana operates through its website and mobile app, allowing customers to browse a vast inventory of inspected vehicles, complete transactions digitally, and receive delivery within days. The company also operates physical vending machines and customer service centers to support its online operations.

Carvana generates revenue primarily from the sale of used vehicles, with additional income from financing, vehicle service contracts, and other ancillary products. The company's business model focuses on high-volume, low-margin sales, leveraging technology to streamline operations and reduce overhead. In the most recent quarter (2026Q1), Carvana reported revenue of $6.43 billion, net income of $250 million, and EBITDA of $609 million. The company's gross margin stands at 20.63%, with an operating margin of 9.26% and a profit margin of 6.40%. Revenue grew 51.98% year-over-year, while earnings increased 15.74%.

Carvana operates in the Consumer Cyclical sector, specifically within the Auto & Truck Dealerships industry. It competes with traditional dealerships like AutoNation and CarMax, as well as other online used car retailers. Carvana's key differentiators include its fully digital purchase process, transparent pricing, and nationwide delivery network. The company has a market capitalization of $70.01 billion and trades on the New York Stock Exchange under the ticker CVNA. Its enterprise value-to-EBITDA ratio of 27.86 suggests a premium valuation relative to traditional peers, reflecting its growth trajectory and market share gains.

Carvana's target audience is primarily individual consumers in the United States seeking a convenient, no-haggle used car buying experience. The company appeals to tech-savvy buyers who prefer online transactions and home delivery. Carvana's inventory spans a wide range of makes and models, catering to various budgets and preferences. The company's main geographic market is the United States, where it has expanded its delivery network to cover most of the country. With $2.41 billion in cash and $5.15 billion in debt, Carvana maintains a net debt position but has sufficient liquidity to support its growth initiatives.

An auto-generated descriptive profile based on company data, for informational purposes only.