# Carvana (CVNA) — Earnings

CVNA · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/cvna/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $0.40 |
| EPS estimate | $0.38 |
| EPS surprise | +4.11% |
| Revenue surprise | +6.94% |
| Revenue | $7.4B |
| Revenue estimate | $6.9B |
| Reported | Jul 29, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1690820/000169082026000055/cvna-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/9a66ee46-d8c2-9fde-6922-1e19b69ff440.html) |

Carvana reported Q2 2026 results on July 29, 2026. Earnings per share were $0.40, ahead of the $0.38 estimate by 4.11%. Revenue was $7.4 billion, above the $6.9 billion consensus. Compared with Q2 2025, EPS rose about 48% from $0.27 and revenue rose about 54% from $4.8 billion.

Carvana lost money in nine of the last 20 quarters, all between Q3 2021 and Q4 2023. Annual EPS went from a loss of $3.10 per share in 2022 to profits of $0.11 in 2023, $0.40 in 2024 and $0.96 in 2025. Revenue fell to a low of $2.4 billion in Q4 2023, then rose in most quarters to the latest $7.4 billion, the high in the table. The first half of 2026 adds up to $0.72, about 26% more than a year earlier. Carvana topped the EPS estimate in 10 of the 20 quarters, and missed in Q3 2025, Q4 2025 and Q1 2026 before the latest beat.

Carvana reported Q3 results between October 29 and November 4 in each of the past five years. That points to late October or early November 2026 for the next report. It will show whether revenue keeps growing from the $7.4 billion level.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 29, 2026 | $0.38 | $0.40 | 4.11% | $6.9B | $7.4B |
| Q1 2026 | Apr 29, 2026 | $0.32 | $0.32 | -0.19% | $6.1B | $6.4B |
| Q4 2025 | Feb 18, 2026 | $0.23 | $0.17 | -26.06% | $5.3B | $5.6B |
| Q3 2025 | Oct 29, 2025 | $0.26 | $0.22 | -15.21% | $5.1B | $5.6B |
| Q2 2025 | Jul 30, 2025 | $0.23 | $0.27 | 13.54% | $4.6B | $4.8B |
| Q1 2025 | May 7, 2025 | $0.15 | $0.30 | 106.00% | $4.0B | $4.2B |
| Q4 2024 | Feb 19, 2025 | $0.06 | $0.15 | 140.32% | $3.3B | $3.5B |
| Q3 2024 | Oct 30, 2024 | $0.06 | $0.13 | 111.22% | $3.5B | $3.7B |
| Q2 2024 | Jul 31, 2024 | −$0.01 | $0.07 | 948.86% | $3.3B | $3.4B |
| Q1 2024 | May 1, 2024 | −$0.13 | $0.05 | 134.25% | $2.7B | $3.1B |
| Q4 2023 | Feb 22, 2024 | −$0.17 | −$0.20 | -18.06% | $2.6B | $2.4B |
| Q3 2023 | Nov 2, 2023 | −$0.14 | $0.72 | 612.46% | $2.8B | $2.8B |
| Q2 2023 | Jul 19, 2023 | −$0.24 | −$0.11 | 53.45% | $2.6B | $3.0B |
| Q1 2023 | May 4, 2023 | −$0.43 | −$0.30 | 28.99% | $2.6B | $2.6B |
| Q4 2022 | Feb 23, 2023 | −$0.44 | −$1.52 | -249.32% | $3.1B | $2.8B |
| Q3 2022 | Nov 3, 2022 | −$0.38 | −$0.53 | -40.19% | $3.7B | $3.4B |
| Q2 2022 | Aug 4, 2022 | −$0.39 | −$0.47 | -21.76% | $4.0B | $3.9B |
| Q1 2022 | Apr 20, 2022 | −$0.32 | −$0.58 | -83.14% | $3.4B | $3.5B |
| Q4 2021 | Feb 24, 2022 | −$0.16 | −$0.20 | -29.20% | $3.5B | $3.8B |
| Q3 2021 | Nov 4, 2021 | −$0.06 | −$0.08 | -38.18% | $3.3B | $3.5B |

## Frequently Asked Questions

### When did Carvana (CVNA) last report earnings?

Carvana last reported on Jul 29, 2026, covering fiscal Q2 2026.

### Did CVNA beat earnings estimates?

Yes. Carvana reported EPS of $0.40 for Q2 2026 against a $0.38 estimate — a 4.11% beat.

### How much revenue did CVNA report last quarter?

Carvana reported $7.4B in revenue for Q2 2026, against a consensus estimate of $6.9B.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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Data provided by [AInvest](https://www.ainvest.com).