What is the current annual gross margin of CVNA?

As of today, CVNA annual gross margin is 19.82%

What is 1-year change in CVNA annual gross margin?

CVNA annual gross margin is down -0.05% year-over-year

What is 3-year change in CVNA annual gross margin?

CVNA annual gross margin is up +169.29% over the past 3 years

How far is CVNA annual gross margin from its all-time high?

CVNA annual gross margin is currently -0.05% below its historical high of 19.83% set on December 31, 2024

How does CVNA annual gross margin rank versus sector peers?

CVNA annual gross margin is higher than 33.64% of companies in Consumer Cyclical sector

When is CVNA next annual earnings release?

The next annual earnings release for CVNA is on February 17, 2027

What is the current quarterly gross margin of CVNA?

As of today, CVNA quarterly gross margin is 18.92%

What is CVNA quarterly gross margin most recent change?

CVNA quarterly gross margin was up +4.01% on September 30, 2026

What is 1-year change in CVNA quarterly gross margin?

CVNA quarterly gross margin is down -4.01% year-over-year

How far is CVNA quarterly gross margin from its all-time high?

CVNA quarterly gross margin is currently -10.84% below its historical high of 21.22% set on June 30, 2025

How does CVNA quarterly gross margin rank versus sector peers?

CVNA quarterly gross margin is higher than 26.63% of companies in Consumer Cyclical sector

When is CVNA next earnings release?

The next earnings release for CVNA is on February 17, 2027

Carvana Co. (CVNA) Gross Margin History & Chart Since 2014

Annual Gross Margin

19.82%0.01%-0.05%

December 31, 2025

Summary

Current Value: As of today, CVNA annual gross margin is 19.82%, down -0.05% on December 31, 2025
Historical Performance: CVNA annual gross margin is up +169.29% over the past 3 years, up +53.41% over the past 5 years
All-Time High Comparison: CVNA annual gross margin is currently -0.05% below its historical high of 19.83% set on December 31, 2024
3-Year Low Comparison: CVNA annual gross margin is +169.29% above its 3-year low of 7.36% reached on an earlier date
Sector Comparison: CVNA annual gross margin is higher than 33.64% of companies in Consumer Cyclical sector

Gross Margin Chart

beforeafter

Performance

CVNA Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	19.82%	-0.1%	+169.3%	+53.4%	–
Quarterly Gross Margin	Sep 30, 26	18.92%	-4.0%	+20.1%	+32.8%	+249.1%
Price	Oct 29, 26	$68.31	+12.0%	+1141.1%	+12.7%	–
PE Ratio	Oct 29, 26	29.20	-58.0%	–	–	–
Annual Revenue	Dec 31, 25	$20.32B	+48.6%	+49.4%	+263.8%	–
Annual Gross Profit	Dec 31, 25	$4.03B	+48.6%	+302.4%	+458.2%	–
Annual Operating Margin	Dec 31, 25	9.27%	+26.5%	+184.7%	+255.8%	–
Annual Net Margin	Dec 31, 25	9.32%	+215.9%	+143.8%	+212.7%	–

Gross Margin Highs

CVNA Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	19.83%	Dec 31, 24	-0.1%
5Y	19.83%	Dec 31, 24	-0.1%
All	19.83%	Dec 31, 24	-0.1%

Gross Margin Lows

CVNA Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	7.36%	N/A	+169.3%
5Y	7.36%	Dec 31, 22	+169.3%
All	-5.11%	Dec 31, 14	+487.9%

Gross Margin History

Year	Value	Change
2025	19.82%	-0.1%
2024	19.83%	+38.6%
2023	14.31%	+94.4%
2022	7.36%	-48.4%
2021	14.25%	+10.3%
2020	12.92%	+9.0%

Year	Value	Change
2019	11.85%	+33.0%
2018	8.91%	+35.4%
2017	6.58%	+65.3%
2016	3.98%	+455.4%
2015	-1.12%	+78.1%
2014	-5.11%	-

FAQ

What is the current annual gross margin of CVNA?: As of today, CVNA annual gross margin is 19.82%
What is 1-year change in CVNA annual gross margin?: CVNA annual gross margin is down -0.05% year-over-year
What is 3-year change in CVNA annual gross margin?: CVNA annual gross margin is up +169.29% over the past 3 years
How far is CVNA annual gross margin from its all-time high?: CVNA annual gross margin is currently -0.05% below its historical high of 19.83% set on December 31, 2024
How does CVNA annual gross margin rank versus sector peers?: CVNA annual gross margin is higher than 33.64% of companies in Consumer Cyclical sector
When is CVNA next annual earnings release?: The next annual earnings release for CVNA is on February 17, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

18.92%0.73%+4.01%

September 30, 2026

Summary

Current Value: As of today, CVNA quarterly gross margin is 18.92%, up +4.01% on September 30, 2026
Historical Performance: CVNA quarterly gross margin is down -4.01% year-over-year, up +20.05% over the past 3 years
All-Time High Comparison: CVNA quarterly gross margin is currently -10.84% below its historical high of 21.22% set on June 30, 2025
3-Year Low Comparison: CVNA quarterly gross margin is +27.75% above its 3-year low of 14.81% reached on December 31, 2023
Sector Comparison: CVNA quarterly gross margin is higher than 26.63% of companies in Consumer Cyclical sector

Performance

CVNA Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	18.92%	+4.0%	-4.0%	+20.1%	+32.8%
Annual Gross Margin	Dec 31, 25	19.82%	–	-0.1%	+169.3%	+53.4%
Price	Oct 29, 26	$68.31	+11.2%	+12.0%	+1141.1%	+12.7%
PE Ratio	Oct 29, 26	29.20	+2.5%	-58.0%	–	–
Quarterly Revenue	Sep 30, 26	$8.04B	+9.0%	+42.4%	+189.9%	+131.0%
Quarterly Gross Profit	Sep 30, 26	$1.52B	+13.3%	+36.7%	+248.1%	+206.7%
Quarterly Operating Margin	Sep 30, 26	8.88%	-3.7%	-9.3%	+401.7%	+1445.5%
Quarterly Net Margin	Sep 30, 26	-	–	–	–	–

Quarterly Gross Margin Highs

CVNA Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	19.71%	N/A	-4.0%
3Y	21.22%	Jun 30, 25	-10.8%
5Y	21.22%	Jun 30, 25	-10.8%
All	21.22%	Jun 30, 25	-10.8%

Quarterly Gross Margin Lows

CVNA Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	17.78%	Dec 31, 25	+6.4%
3Y	14.81%	Dec 31, 23	+27.8%
5Y	4.12%	Dec 31, 22	+359.2%
All	2.28%	Dec 31, 16	+729.8%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	18.92%	+4.0%
Jun 2026	18.19%	-4.9%
Mar 2026	19.12%	+7.5%
Dec 2025	17.78%	-9.8%
Sep 2025	19.71%	-7.1%
Jun 2025	21.22%	+1.2%
Mar 2025	20.96%	+2.9%
Dec 2024	20.36%	-3.0%
Sep 2024	20.99%	+6.2%
Jun 2024	19.77%	+10.4%
Mar 2024	17.90%	+20.9%
Dec 2023	14.81%	-6.0%
Sep 2023	15.76%	+3.3%
Jun 2023	15.26%	+57.2%
Mar 2023	9.71%	+135.7%
Dec 2022	4.12%	-51.4%
Sep 2022	8.48%	-1.7%
Jun 2022	8.63%	+15.2%
Mar 2022	7.49%	-42.0%
Dec 2021	12.92%	-9.3%
Sep 2021	14.25%	-10.2%
Jun 2021	15.86%	+12.6%

Month	Value	Change
Mar 2021	14.08%	+15.5%
Dec 2020	12.19%	-22.6%
Sep 2020	15.74%	+32.5%
Jun 2020	11.88%	+6.0%
Mar 2020	11.21%	-4.3%
Dec 2019	11.71%	+0.8%
Sep 2019	11.62%	-11.4%
Jun 2019	13.12%	+22.4%
Mar 2019	10.72%	+27.2%
Dec 2018	8.43%	-11.4%
Sep 2018	9.51%	+3.3%
Jun 2018	9.21%	+12.0%
Mar 2018	8.22%	+20.5%
Dec 2017	6.82%	-11.2%
Sep 2017	7.68%	+19.4%
Jun 2017	6.43%	+33.1%
Mar 2017	4.83%	+111.8%
Dec 2016	2.28%	-66.7%
Sep 2016	6.85%	-1.9%
Jun 2016	6.98%	+28.8%
Mar 2016	5.42%	-

FAQ

What is the current quarterly gross margin of CVNA?: As of today, CVNA quarterly gross margin is 18.92%
What is CVNA quarterly gross margin most recent change?: CVNA quarterly gross margin was up +4.01% on September 30, 2026
What is 1-year change in CVNA quarterly gross margin?: CVNA quarterly gross margin is down -4.01% year-over-year
How far is CVNA quarterly gross margin from its all-time high?: CVNA quarterly gross margin is currently -10.84% below its historical high of 21.22% set on June 30, 2025
How does CVNA quarterly gross margin rank versus sector peers?: CVNA quarterly gross margin is higher than 26.63% of companies in Consumer Cyclical sector
When is CVNA next earnings release?: The next earnings release for CVNA is on February 17, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

CVNA Official Website www.carvana.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1690820/000169082026000009/0001690820-26-000009-index.htm
CVNA Profile on Yahoo Finance finance.yahoo.com/quote/CVNA
CVNA Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/cvna