What is Carvana?

“We sell cars, but we’re not car salespeople,” is a popular refrain at Carvana. Instead, we provide a seamless online car buying experience for customers from coast-to-coast. Carvana allows customers to browse, finance and purchase more than 15,000 vehicles from the comfort of home or on the go via their mobile device, while also offering the convenience of selling your car to us without ever having to step foot inside a dealership. Customers who purchase with Carvana enjoy the peace of mind that comes with our 7-day return policy, and the sense of security in knowing that each and every Carvana vehicle is Carvana Certified, having passed a rigorous 150-point inspection and has never been in a reported accident. And with the option to choose as-soon-as next-day delivery or pick up from one of our signature Car Vending Machines, the days of spending a Saturday at the dealership are officially over! (source)

Carvana Employee Count

Number of Carvana employees:

7,324 employees

Last updated 1/1/20

Carvana Revenue Totals

Carvana annual net revenue:

• 2021: $12.814 billion
• 2020: $5.587 billion
• 2019: $3.939 billion
• 2018: $1.955 billion
• 2017: $858 million
• 2016: $365 million
• 2015: $130 million

Carvana annual net income:

• 2021: $287 million net loss
• 2020: $462 million net loss
• 2019: $364 million net loss
• 2018: $254 million net loss
• 2017: $164 million net loss
• 2016: $93 million net loss
• 2015: $36 million net loss

Additional Carvana Statistics

Number of vehicles on Carvana:

15,000 vehicles

Last updated 3/20/20

Please note that some of these numbers are easier to find than others. A few of these Carvana statistics come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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