CARVANA CO. (CVNA) Operating Margin
- Operating margin · 12 months: Value 8.93%; Formula and calculation Operating income / revenue. Period ending 2026-06-30..
Operating margin
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Operating margin · 12 months | 8.93% | Operating income / revenue. Period ending 2026-06-30. $2.24B ÷ $25.06B × 100 ≈ 8.93% |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating income | 2.24B USD | Operating Income (Loss) |
| Revenue | 25.06B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Cost of products and services | 20.20B USD | Cost of Goods and Services Sold |
| Research and development | (m) | |
| Selling, general and administration | 2.62B USD | Selling, General and Administrative Expense |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Operating income (USD) | Revenue (USD) | Cost of products and services (USD) | Research and development (USD) | Selling, general and administration (USD) | Operating margin |
|---|---|---|---|---|---|---|
| 2026-06-30 | $2.24B | $25.06B | $20.20B | (m) | $2.62B | 8.93% |
| 2026-03-31 | $2.07B | $22.52B | $17.99B | (m) | $2.46B | 9.18% |
| 2025-12-31 | $1.88B | $20.32B | $16.13B | (m) | $2.31B | 9.26% |
| 2025-09-30 | $1.72B | $18.27B | $14.36B | (m) | $2.17B | 9.40% |
| 2025-06-30 | $1.50B | $16.27B | $12.71B | (m) | $2.05B | 9.23% |
| 2025-03-31 | $1.25B | $14.84B | $11.63B | (m) | $1.95B | 8.42% |
| 2024-12-31 | $990.00M | $13.67B | $10.80B | (m) | $1.87B | 7.24% |
| 2024-09-30 | (m) | $12.55B | $10.04B | (m) | $1.82B | (m) |
| 2024-06-30 | (m) | $11.67B | $9.48B | (m) | $1.78B | (m) |
| 2024-03-31 | (m) | $11.23B | $9.25B | (m) | $1.78B | (m) |
| 2023-12-31 | (m) | $10.77B | $9.05B | (m) | $1.80B | (m) |
| 2023-09-30 | (m) | $11.18B | $9.67B | (m) | $1.99B | (m) |
| 2023-06-30 | (m) | $11.80B | $10.40B | (m) | $2.21B | (m) |
| 2023-03-31 | (m) | $12.71B | $11.42B | (m) | $2.48B | (m) |
| 2022-12-31 | (m) | $13.60B | $12.36B | (m) | $2.74B | (m) |
| 2022-09-30 | (m) | $14.52B | $12.95B | (m) | $2.72B | (m) |
| 2022-06-30 | (m) | $14.61B | $12.88B | (m) | $2.61B | (m) |
| 2022-03-31 | (m) | $14.07B | $12.18B | (m) | $2.36B | (m) |
| 2021-12-31 | (m) | $12.81B | $10.88B | (m) | $2.03B | (m) |
| 2021-09-30 | (m) | $10.89B | $9.23B | (m) | $1.76B | (m) |
| 2021-06-30 | (m) | $8.95B | $7.56B | (m) | $1.48B | (m) |
| 2021-03-31 | (m) | $6.73B | $5.74B | (m) | $1.25B | (m) |
| 2020-12-31 | (m) | $5.59B | $4.79B | (m) | $1.13B | (m) |
| 2020-09-30 | (m) | $4.86B | $4.17B | (m) | $1.03B | (m) |
| 2020-06-30 | (m) | $4.41B | $3.85B | (m) | $965.28M | (m) |
| 2020-03-31 | (m) | $4.28B | $3.73B | (m) | $907.19M | (m) |
| 2019-12-31 | (m) | $3.94B | $3.43B | (m) | $786.72M | (m) |
| 2019-09-30 | (m) | $3.42B | (m) | (m) | $675.71M | (m) |
| 2019-06-30 | (m) | $2.86B | (m) | (m) | $583.50M | (m) |
| 2019-03-31 | (m) | $2.35B | (m) | (m) | $497.31M | (m) |
| 2018-12-31 | (m) | $1.96B | (m) | (m) | $425.26M | (m) |
| 2018-09-30 | (m) | $1.64B | (m) | (m) | $361.41M | (m) |
| 2018-06-30 | (m) | $1.33B | (m) | (m) | $304.32M | (m) |
| 2018-03-31 | (m) | $1.06B | (m) | (m) | $260.68M | (m) |
| 2017-12-31 | (m) | $858.87M | (m) | (m) | $223.40M | (m) |
| 2017-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-06-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2017-03-31 | (m) | $451.27M | (m) | (m) | (m) | (m) |
| 2016-12-31 | (m) | $365.15M | (m) | (m) | $108.68M | (m) |
| 2016-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2016-06-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2016-03-31 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2015-12-31 | (m) | $130.39M | (m) | (m) | $36.68M | (m) |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.