← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Carvana grew revenue +48.6% and net income +570.0%, but FCF margin fell -168 bps and Beneish flagged.
The read at a glance✓ Audited against SEC data
- Growth — Revenue +48.6% to $20.32BOK
- Profitability — Net income +570.0% to $1.41BOK
- Cash quality — FCF +7.5%; margin -168 bpsNote
- Margins — Operating margin +202 bps; net +538 bpsOK
- Accounting — Beneish flag; earnings quality safeWatch
- Insiders — 1 buy / 174 sellsWatch
Business
Carvana is an e-commerce platform for buying and selling used cars. It combines an online retail experience with vehicle acquisition, inspection, reconditioning, logistics, financing, wholesale, and marketplace capabilities.
Where the revenue comes from
Fiscal 2025, as CARVANA CO. reports it. History and quarterly detail are in the app.
- Retail vehicle sales, net$14.5B
- Wholesale sales and revenues$4.1B
- Other sales and revenues$1.7B
- Wholesale Marketplace Revenues$12.0M
Latest filings
- 8-K · Company announcement2026-08-14
- 10-Q · Quarterly report2026-07-29
- 8-K · Company announcement2026-07-29
- 8-K · Company announcement2026-05-06
- 8-K · Company announcement2026-04-29
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about CARVANA CO., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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