Company / Cost of Revenue
Carvana Cost of Revenue History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Cost of Revenue
$16.1B
FY2025
5-year range
$9.0B / $16.1B
FY2021-FY2025
Trend
+49.4%
vs FY2024
Sector context
#16 of 158
Consumer Discretionary
What the data says
Among 158 Consumer Discretionary companies, Carvana is in the bottom 10% for cost of revenue. Increased from $9.0B to $16.1B over the past 2 years.
Based on SEC 10-K filings.
$16.1B in FY2025 with a 5-year CAGR of +27.5%. Top quartile in the Consumer Discretionary sector.
Increased from $9.0B to $16.1B over the past 2 years.
Consumer Discretionary sector context is included.
Cost of Revenue over time
Growth rates
- 3-Year CAGR
- +9.3%
- 5-Year CAGR
- +27.5%
- 10-Year CAGR
- -
Sector benchmark
Bottom 10% in Consumer DiscretionaryTop 90% of 158This company $16.1B Sector average $9.6B
▼
+67.4% above sector average
Key checks
Key Insights
- 5-year CAGR of +27.5%, indicating consistent growth.
- In FY2025, cost of revenue increased 49.4% year-over-year.
- Ranks #16 out of 158 companies in the Consumer Discretionary sector.
- Lowest cost of revenue in the period was in FY2016.
Company context
Key Data Points
- Low earnings quality (accrual-heavy earnings)
- Strong return on equity: 37.7%
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Cost of RevenueValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $16.1B | +49.4% |
| FY2024 | $10.8B | +19.3% |
| FY2023 | $9.0B | -26.8% |
| FY2022 | $12.4B | +13.5% |
| FY2021 | $10.9B | +127.1% |
| FY2020 | $4.8B | +39.6% |
| FY2019 | $3.4B | +95.2% |
| FY2018 | $1.8B | +122.4% |
| FY2017 | $790.8M | +128.6% |
| FY2016 | $346.0M | +168.1% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026