Carvana

At a glance

Carvana reported 2025 revenue of $20.32B, up 48.6% from $13.67B in 2024. Over 4 years since 2021 ($12.81B), that is growth of about 12.2% a year. Operating margin was 9.3%. 2025 was the highest revenue year in this period. The company posted a loss in 2021, 2022 and 2023.

In the last 12 months 11 insiders reported 2 open-market purchases ($1.5M) and 67 sales ($269.8M). 57 of the sales were made under pre-arranged 10b5-1 plans. The largest was a sale of $35.2M by Chief Product Officer Daniel J. Gill on Dec 10, 2025. Net, insiders were sellers of $268.3M.

Carvana filed 6 current reports (Form 8-K) in the last 12 months, most often for results of operations (4), material agreement (1), new financial obligation (1) and officer or director change (1). The latest officer or director change was reported on May 6, 2026. It reported a material agreement or a completed acquisition or disposal 1 time.

6 of the 20 investors tracked here held Carvana at the last quarter end, worth $2.16B combined. It is the largest weight for Lone Pine Capital (4.2% of its portfolio), followed by Viking Global Investors (2.3%). New this quarter: Duquesne Family Office. Added: Lone Pine Capital, Viking Global Investors, Renaissance Technologies, Coatue Management and National Pension Service (Korea).

Annual results

Fiscal year ends Dec 31 · incorporated in DE

Tracked investors holding (13F)

Weight is the share of each investor's portfolio, as of the quarter end.