CVNA

Carvana
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CVNA

Arincen54/100B

Carvana company profile

CEO
Ernest C. Garcia
Employees
23,100
Headquarters
300 East Rio Salado Parkway, Tempe, AZ 85281, US
Sector
Consumer Cyclical
Industry
Auto - Dealerships
IPO date
28 Apr 2017
Stock exchange
NYSE
ISIN
US1468691027

Website:carvana.com

About the company

Carvana Co., along with its subsidiaries, operates a digital platform facilitating the purchase and sale of pre-owned vehicles across the United States. Their comprehensive services span the entire customer journey, including sourcing and reconditioning automobiles, providing an intuitive online browsing and transaction experience, offering financing solutions, and supplying complementary products. The company also manages its own specialized logistics network for distinctive delivery and pickup options, alongside providing extensive post-sale support. Furthermore, Carvana operates various vehicle auction sites. This company was established in 2012 and maintains its headquarters in Tempe, Arizona.

Employees

Carvana had about 23,100 employees at the end of fiscal year 2025 (31 December 2025), by its annual report. That is 32.8% more than a year before.

Employees Change on the year
Fiscal yearEmployeesChange on the yearRevenue per employeeNet income per employee
FY202523,100+32.76%879.74K USD60.91K USD
FY202417,400+27.01%785.80K USD12.07K USD
FY202313,700-17.47%786.20K USD32.85K USD
FY202216,600-20.95%819.52K USD-95.60K USD
FY202121,000+101.92%610.19K USD-6.43K USD
FY202010,400+42.00%537.17K USD-16.46K USD
FY20197,324+88.81%537.94K USD-15.66K USD
FY20183,879+108.10%504.12K USD-14.30K USD
FY20171,864—460.77K USD-9.82K USD

Employees at each fiscal year end, as the company reports them in its annual report (10-K); revenue and net income per employee are the fiscal year's over that count.

Who owns Carvana

Institutions such as funds, banks and insurers held 104.5% of Carvana's shares on 30 June 2026, 908 of them reporting holdings to the SEC; the rest is held by individual investors and other shareholders.

Institutions 104.5%Other shareholders -4.5%

Shares free to trade

Free float 1.00B shares ·91.3% Closely held 95.27M shares ·8.7%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

How Carvana pays its executives

The chief executive was paid 5.05M USD for fiscal 2021, 85% of it in shares and options.

Name and positionSalaryStock awardsOption awardsOther payTotal pay
Ernest Garcia III Chief Executive Officer757.50K USD1.07M USD3.22M USD451.00 USD5.05M USD
Mark Jenkins Chief Financial Officer742.50K USD1.05M USD3.16M USD22.47K USD4.97M USD
Benjamin Huston Chief Operating Officer742.50K USD1.05M USD3.16M USD18.89K USD4.97M USD
Daniel Gill Chief Product Officer667.50K USD945.88K USD2.84M USD18.87K USD4.47M USD
Tom Taira President, Special Projects877.50K USD593.28K USD1.78M USD45.88K USD3.30M USD

FY2021 · From the company's proxy statements to the SEC: what each named executive was paid for the fiscal year, shares and options at their value when granted. The latest filing

Common questions about Carvana

Source: Financial Modeling PrepVerified against SEC filings