Net Income
Carvana Net Income decreased by 57.4% to $405.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 8.6%, from $373.00M to $405.00M. Over 3 years (FY 2021 to FY 2025), Net Income shows an upward trend with a 87.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase signals improved profitability and potential for higher dividends or reinvestment, while a decrease may indicate rising costs or slowing sales.
Detailed definition
Net income represents the total profit of the company after all operating expenses, interest, taxes, and preferred stock...
Peer comparison
Peer companies in the consumer electronics and software sectors typically trade on multiples of this figure, though it can be impacted by one-time tax events.
cf_net_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $45.00M | -$68.00M | -$182.00M | -$506.00M | -$439.00M | -$508.00M | -$1.44B | -$286.00M | -$105.00M | $741.00M | $49.00M | $48.00M | $148.00M | $159.00M | $373.00M | $308.00M | $263.00M | $951.00M | $405.00M |
| QoQ Change | — | -251.1% | -167.6% | -178.0% | +13.2% | -15.7% | -183.7% | +80.2% | +63.3% | +805.7% | -93.4% | -2.0% | +208.3% | +7.4% | +134.6% | -17.4% | -14.6% | +261.6% | -57.4% |
| YoY Change | — | — | — | — | <-999% | -647.1% | -691.8% | +43.5% | +76.1% | +245.9% | +117.1% | +145.7% | -80.0% | — | +661.2% | +541.7% | +77.7% | +498.1% | +8.6% |
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|
| Reportable Segment | $373.00M | $308.00M | $263.00M | $951.00M | $405.00M |
| Total | $373.00M | $308.00M | $263.00M | $951.00M | $405.00M |
Net Income at Other Companies
Frequently Asked Questions
- What is Carvana's net income?
- Carvana (CVNA) reported net income of $405.00M in Q1 2026.
- How has Carvana's net income changed year-over-year?
- Carvana's net income increased by 8.6% year-over-year, from $373.00M to $405.00M.
- What is the long-term trend for Carvana's net income?
- Over 3 years (2021 to 2025), Carvana's net income has grown at a 87.6% compound annual growth rate (CAGR), from -$287.00M to $1.90B.
- What does net income mean?
- The company's total profit after all expenses and taxes have been paid.