Carvana Profit Margin 2015-2023 | CVNA
Current and historical gross margin, operating margin and net profit margin for Carvana (CVNA) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Carvana net profit margin as of March 31, 2023 is -11.7%.
| Carvana Annual Profit Margins |
| Carvana Quarterly Profit Margins |
| Sector |
Industry |
Market Cap |
Revenue |
| Retail/Wholesale |
Internet Commerce |
$2.965B |
$13.604B |
|
Carvana Co. is a leading e-commerce platform for buying and selling used cars. Carvana's end-to-end online business model that covers every aspect of used-car retailing - including sales, financing, logistics, inspection and repair centers, as well as software development - has transformed traditional used-car sales in several ways. With a mission of changing the way people buy cars, Carvana is harnessing the power of digitization and applying it to the auto industry. It is changing customers' shopping experience by letting them find the perfect car from the comfort of homes without having to haggle with sales people. Thanks to advanced technology, customers can browse through its broad inventory of high-quality used cars and get a clear and complete view of the interior and exterior of each car. Once the customers make their selection, the vehicle is either delivered to their home as soon as the next day or available for pick up at a car vending machine.
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