Gross Margin
Percentage of revenue retained after cost of goods sold.
Latest Gross Margin: 19.8% (2026Q1); -2.2 pp YoY.
Revenue
EPS
Free Cash Flow
Gross Margin
FCF Margin
P/E Ratio
Cumulative FCF
Shares Outstanding
Rule of 40
Quarterly Gross Margin Data
| Period | Value |
|---|---|
| 2021Q1 | 15.1% |
| 2021Q2 | 16.6% |
| 2021Q3 | 15.1% |
| 2021Q4 | 13.6% |
| 2022Q1 | 8.5% |
| 2022Q2 | 10.2% |
| 2022Q3 | 10.6% |
| 2022Q4 | 6.8% |
| 2023Q1 | 13.1% |
| 2023Q2 | 16.8% |
| 2023Q3 | 17.4% |
| 2023Q4 | 16.6% |
| 2024Q1 | 19.3% |
| 2024Q2 | 21.0% |
| 2024Q3 | 22.1% |
| 2024Q4 | 21.5% |
| 2025Q1 | 21.9% |
| 2025Q2 | 22.0% |
| 2025Q3 | 20.3% |
| 2025Q4 | 18.8% |
| 2026Q1 | 19.8% |
Consumer Comparison
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Other CVNA Charts
More quarter-by-quarter fundamentals for Carvana Co.
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