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Carvana CVNA Stock Issuance Proceeds

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Other financials

Income statement

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Revenue$7.4B+52.4%
Gross profit$1.4B+30.1%
Operating income$680.0M+33.1%
Net income$310.0M+69.4%
EPS (diluted)$0.42+61.5%

Balance sheet

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Cash & equivalents$2.7B+42.1%
Total debt$5.8B-8.2%
Total equity$4.0B+133%
Total assets$14.6B+55.4%

Cash flow

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Operating cash flow$238.0M+721%
CapEx$51.0M+64.5%
Free cash flow$187.0M

Valuation

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Market cap$76.39B+53.3%
Enterprise value$79.4B+46.5%
P/E48.7×-39.8×
P/S3.1×0.0×

Profitability

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Gross margin19.4%-2.5pp
Operating margin8.9%-0.3pp
Net margin6.3%+2.8pp
FCF margin3.7%-0.1pp

Returns & leverage

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Return on equity54.5%+4.6pp
Debt / equity1.4×-2.2×
Current ratio3.9×-0.1×

Where this comes from

Reported directly by Carvana in its filing.

Tagged under the XBRL concept us-gaap:ProceedsFromIssuanceOfCommonStock.

The source filing: Carvana’s 10-Q, filed October 29, 2025.

Filed
Oct 29, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001690820-25-000353
Line itemNine Months Ended September 30, 2025Nine Months Ended September 30, 2024
Payments on long-term debt(696)(427)
Payments of debt issuance costs(15)(3)
Payments of tax made on behalf of non-controlling members(4)
Net proceeds from issuance of Class A common stock536347
Tax receivable agreement payments(17)
Proceeds from equity-based compensation plans383
Tax withholdings related to restricted stock units(21)(2)
Net cash used in financing activities(45)(514)

Item 6. Exhibits [64](#i625bc2a236ac42e19c4d975c3debcdcc_259)

FAQ

What is Carvana's stock issuance proceeds?
Carvana (CVNA) reported stock issuance proceeds of $514M in Q3 2025.
What does stock issuance proceeds mean?
Cash received from issuing common stock — IPOs, secondary offerings, DRIP, employee stock purchase plans, and option exercises.

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