What is the current annual net margin of CVNA?

As of today, CVNA annual net margin is 9.32%

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

CVNA annual net margin is up +215.93% year-over-year

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

CVNA annual net margin is up +143.82% over the past 3 years

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

CVNA annual net margin is currently at its all-time high

How does CVNA annual net margin rank versus sector peers?

CVNA annual net margin is higher than 85.77% 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

When is CVNA next earnings release?

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

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

Annual Net Margin

9.32%6.37%+215.93%

December 31, 2025

Summary

Current Value: As of today, CVNA annual net margin is 9.32%, up +215.93% on December 31, 2025
Historical Performance: CVNA annual net margin is up +143.82% over the past 3 years, up +212.70% over the past 5 years
All-Time High Comparison: CVNA annual net margin is currently at its all-time high
3-Year Low Comparison: CVNA annual net margin is +143.82% above its 3-year low of -21.27% reached on an earlier date
Sector Comparison: CVNA annual net margin is higher than 85.77% of companies in Consumer Cyclical sector

Net Margin Chart

beforeafter

Performance

CVNA Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	9.32%	+215.9%	+143.8%	+212.7%	–
Quarterly Net Margin	Sep 30, 26	-	–	–	–	–
Price	Oct 30, 26	$68.29	+11.9%	+1140.7%	+12.6%	–
PE Ratio	Oct 30, 26	29.19	-58.0%	–	–	–
Annual Revenue	Dec 31, 25	$20.32B	+48.6%	+49.4%	+263.8%	–
Annual Net Income	Dec 31, 25	$1.90B	+369.1%	+165.5%	+510.0%	–
Annual Gross Margin	Dec 31, 25	19.82%	-0.1%	+169.3%	+53.4%	–
Annual Operating Margin	Dec 31, 25	9.27%	+26.5%	+184.7%	+255.8%	–

Net Margin Highs

CVNA Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	9.32%	Dec 31, 25	at high
5Y	9.32%	Dec 31, 25	at high
All	9.32%	Dec 31, 25	at high

Net Margin Lows

CVNA Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	-21.27%	N/A	+143.8%
5Y	-21.27%	Dec 31, 22	+143.8%
All	-36.56%	Dec 31, 14	+125.5%

Net Margin History

Year	Value	Change
2025	9.32%	+215.9%
2024	2.95%	+112.2%
2023	1.39%	+106.5%
2022	-21.27%	-849.6%
2021	-2.24%	+72.9%
2020	-8.27%	+10.7%

Year	Value	Change
2019	-9.26%	+28.9%
2018	-13.03%	+31.9%
2017	-19.13%	+25.0%
2016	-25.50%	+9.6%
2015	-28.21%	+22.8%
2014	-36.56%	-

FAQ

What is the current annual net margin of CVNA?: As of today, CVNA annual net margin is 9.32%
What is 1-year change in CVNA annual net margin?: CVNA annual net margin is up +215.93% year-over-year
What is 3-year change in CVNA annual net margin?: CVNA annual net margin is up +143.82% over the past 3 years
How far is CVNA annual net margin from its all-time high?: CVNA annual net margin is currently at its all-time high
How does CVNA annual net margin rank versus sector peers?: CVNA annual net margin is higher than 85.77% 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

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Quarterly Net Margin

N/A

September 30, 2026

Performance

CVNA Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Sep 30, 26	-	–	–	–	–
Annual Net Margin	Dec 31, 25	9.32%	–	+215.9%	+143.8%	+212.7%
Price	Oct 30, 26	$68.29	+11.2%	+11.9%	+1140.7%	+12.6%
PE Ratio	Oct 30, 26	29.19	+2.4%	-58.0%	–	–
Quarterly Revenue	Sep 30, 26	$8.04B	+9.0%	+42.4%	+189.9%	+131.0%
Quarterly Net Income	Sep 30, 26	$289.00M	-43.7%	+9.9%	-61.0%	+525.0%
Quarterly Gross Margin	Sep 30, 26	18.92%	+4.0%	-4.0%	+20.1%	+32.8%
Quarterly Operating Margin	Sep 30, 26	8.88%	-3.7%	-9.3%	+401.7%	+1445.5%

Quarterly Net Margin Highs

CVNA Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	16.97%	Dec 31, 25	N/A
3Y	26.72%	N/A	N/A
5Y	26.72%	Sep 30, 23	N/A
All	26.72%	Sep 30, 23	N/A

Quarterly Net Margin Lows

CVNA Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	4.66%	N/A	N/A
3Y	-8.25%	Dec 31, 23	N/A
5Y	-50.79%	Dec 31, 22	N/A
All	-50.79%	Dec 31, 22	N/A

Quarterly Net Margin History

Month	Value	Change
Jun 2026	6.96%	+10.5%
Mar 2026	6.30%	-62.9%
Dec 2025	16.97%	+264.2%
Sep 2025	4.66%	-26.7%
Jun 2025	6.36%	-27.8%
Mar 2025	8.81%	+96.7%
Dec 2024	4.48%	+10.6%
Sep 2024	4.05%	+187.2%
Jun 2024	1.41%	-11.9%
Mar 2024	1.60%	+119.4%
Dec 2023	-8.25%	-130.9%
Sep 2023	26.72%	+854.8%
Jun 2023	-3.54%	+67.7%
Mar 2023	-10.97%	+78.4%
Dec 2022	-50.79%	-238.6%
Sep 2022	-15.00%	-32.7%
Jun 2022	-11.30%	+21.9%
Mar 2022	-14.47%	-198.4%
Dec 2021	-4.85%	-148.7%
Sep 2021	-1.95%	-244.4%
Jun 2021	1.35%	+137.0%

Month	Value	Change
Mar 2021	-3.65%	+56.9%
Dec 2020	-8.47%	-636.5%
Sep 2020	-1.15%	+87.9%
Jun 2020	-9.51%	+43.1%
Mar 2020	-16.71%	-46.7%
Dec 2019	-11.39%	-35.1%
Sep 2019	-8.43%	-29.7%
Jun 2019	-6.50%	+40.6%
Mar 2019	-10.94%	+25.9%
Dec 2018	-14.77%	-22.7%
Sep 2018	-12.04%	-11.7%
Jun 2018	-10.78%	+26.2%
Mar 2018	-14.61%	+18.0%
Dec 2017	-17.82%	-1.0%
Sep 2017	-17.65%	+5.0%
Jun 2017	-18.57%	+23.1%
Mar 2017	-24.16%	+27.7%
Dec 2016	-33.41%	-50.2%
Sep 2016	-22.24%	-6.3%
Jun 2016	-20.93%	+11.9%
Mar 2016	-23.75%	-

FAQ

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

Net Margin Formula

Net Margin = Net Income

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