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Apr 29, 2026 4:50 PM

Carvana Stock Surges On Strong Q1 Earnings, Company Sees 'Significant' Growth Ahead

Carvana Co (NYSE:CVNA) delivered financial results for the first quarter after the closing bell on Wednesday. Here’s what you need to know from the report.

Carvana shares are trending. Why are CVNA shares in the spotlight?

Carvana Q1 Highlights

Carvana reported first-quarter revenue of $6.43 billion, beating analyst estimates of $6.08 billion, according to Benzinga Pro. The company reported first-quarter earnings of $1.69 per share, beating estimates of $1.50 per share.

Total revenue increased 52% year-over-year after Carvana sold 187,393 vehicles in ...