For the quarter ended December 2025, Carvana (CVNA) reported revenue of $5.6 billion, up 58% over the same period last year. EPS came in at $4.22, compared to $0.56 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $5.22 billion, representing a surprise of +7.32%. The company delivered an EPS surprise of +274.35%, with the consensus EPS estimate being $1.13.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Carvana performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Per retail unit gross profit - Total: $6,427.00 compared to the $6,781.18 average estimate based on five analysts.
- Unit sales - Retail vehicle unit sales: 163,522 compared to the 158,132 average estimate based on five analysts.
- Per retail unit gross profit - Retail vehicle: $2,990.00 versus the five-analyst average estimate of $3,198.55.
- Per retail unit gross profit - Other: $2,807.00 versus $2,983.05 estimated by four analysts on average.
- Per unit revenue - Wholesale vehicles: $9,636.00 versus $10,326.34 estimated by four analysts on average.
- Per unit revenue - Retail vehicles: $25,416.00 versus $24,019.17 estimated by four analysts on average.
- Unit sales - Wholesale vehicle unit sales: 81,050 versus the four-analyst average estimate of 67,724.
- Markets at end of period (metropolitan statistical areas): 316 compared to the 316 average estimate based on three analysts.
- Per retail unit gross profit - Wholesale: $630.00 versus the three-analyst average estimate of $587.63.
- Sales and operating revenues- Retail vehicle sales, net: $4.16 billion versus the five-analyst average estimate of $3.82 billion. The reported number represents a year-over-year change of +62.9%.
- Sales and operating revenues- Other sales and revenues: $459 million versus $436.64 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +44.8% change.
- Sales and operating revenues- Wholesale sales and revenues: $988 million versus the five-analyst average estimate of $950.96 million. The reported number represents a year-over-year change of +45.7%.
View all Key Company Metrics for Carvana here>>>
Shares of Carvana have returned -20.7% over the past month versus the Zacks S&P 500 composite's -1.3% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Carvana Co. (CVNA): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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