What is the 13F Pro Quality Score for CVNA?

13F Pro ranks CARVANA CO. (CVNA) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View CVNA's current score at https://13fpro.ai/company/CVNA (free sign-up required for the full ranking).

Which hedge funds own the most CVNA stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of CVNA include PRICE T ROWE ASSOCIATES /MD/, Capital Research Global Investors, BlackRock,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/CVNA as soon as new 13F filings post.

Where does 13F Pro source CVNA data?

All CARVANA CO. fundamentals and ownership data come directly from SEC EDGAR. CARVANA CO. files with the SEC under CIK 1690820. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is CVNA in?

CARVANA CO. (CVNA) is classified in the Consumer Discretionary sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/consumer-discretionary.

What drives CVNA's revenue?

Per CARVANA CO.'s latest 10-Q filed with the SEC on 2026-07-29, the biggest revenue drivers are: Retail vehicle sales, net ($5,507M, +61.7% YoY); Wholesale sales and revenues ($1,343M, +31.2% YoY); Other sales and revenues ($526M, +28.0% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/CVNA.

What are CVNA's largest expenses?

CARVANA CO.'s latest 10-Q reports these as the largest expense items: Cost of sales ($5,992M); Selling, general and administrative expenses ($704M, +$153M YoY); Compensation and benefits ($237M). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is CVNA research updated on 13F Pro?

CVNA's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

CARVANA CO.(CVNA)Stock Analysis

AI analysis on 2,800+ stocks →Deep AI analysis on 2,800+ stocks →

Consumer Discretionary →NYSElarge

Institutional-grade research for retail investors

SEC EDGAR: CIK 1690820 CVNA stock profile & AI dashboard →

13F Pro Quality Score

71.6/100

Rank #176 of 2,961 stocksTOP 10%

View Consumer Discretionary peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

92.3/100

Profitability

60.5/100

Balance Sheet

90.5/100

Earnings Quality

21.9/100

Free Cash Flow

37.9/100

Institutional Flow

98.7/100

Revenue Scale

93.9/100

Dilution Risk

76.1/100

Email me the moment this company reports earnings

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Why CVNA Scores 72/100

exact factor attribution · 2026-09-11

CVNA's composite is driven by revenue growth and scale, held back by earnings quality and free cash flow. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+8.5 pts

92th pct

Scale

+6.6 pts

94th pct

Capital efficiency

+4.0 pts

91th pct

Institutional flow

+2.4 pts

99th pct

Earnings growth

+1.8 pts

85th pct

Profitability

+1.6 pts

61th pct

Shareholder dilution

+1.3 pts

76th pct

Free cash flow

-1.8 pts

38th pct

Earnings quality

-2.8 pts

22th pct

Latest change (2026-08-01): 69 → 70 · ↑ Profit margin 39→54

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

CVNA Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for CARVANA CO. (CVNA), a Consumer Discretionary sector company. 13F Pro's AI-powered ranking engine scores CVNA at 71.6/100 on a 32-signal composite quality model, placing it at rank #176 of 2,961 stocks — the top 10% of the AI-ranked universe. CVNA scores in the top quartile across institutional flow (98.7), revenue scale (93.9), revenue growth (92.3). Areas of concern include earnings quality (21.9) and free cash flow (37.9), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q2 2026), CARVANA CO. reports quarterly revenue of $7.4B, net income of $310.0M, an operating margin of 9.2%. Top institutional holders of CVNA by reported 13-F value include PRICE T ROWE ASSOCIATES, Capital Research Global Investors, BlackRock, based on the most recent SEC filings. CVNA trades on the NYSE exchange and files with the SEC under CIK 1690820. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate CVNA daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for CARVANA CO. directly from SEC EDGAR. CARVANA CO.'s 13F Pro composite quality score has ranged between 45 and 73 since 2021, currently 71.6 — an improving long-term trajectory across 68 quarterly and live scoring snapshots.

✦

Fun facts about CARVANA CO.

Quirks, history, and lore behind CVNA — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. consumer discretionary company · listed on the NYSE · headquartered in Arizona · sells a product most Americans buy at least once a decade.
2
The Numbers
At its peak it was worth roughly $80 billion, then cratered over 95% before staging one of the most jaw-dropping comeback rallies in stock market history.
3
The History
Founded in 2012 by the son of a used-car industry veteran, it set out to disrupt a notoriously hated retail experience by moving the whole thing online.
4
The Secret
It makes money not just on the car but on financing, warranties, and trade-ins — the same bundled tricks as traditional dealers, just with a slicker website and no pushy salesperson.
5
The Lore
The company built coin-operated car vending machines — literal multi-story glass towers — across the country, turning vehicle pickup into a theme-park moment.
6
The Giveaway
You browse online, get approved in minutes, and your used car arrives at your door — or you drop a giant coin into a car vending machine tower and watch it descend like a prize.

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What's Driving CVNA's Business? Latest 10-Q Breakdown

✓ 43/43 datapoints verified

AI-extracted from CARVANA CO.'s 10-Q filed 2026-07-29 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Revenue rose 52.4% to $7,376M on 197,325 retail units sold (+37.7%), but total gross profit per unit fell 5.5% to $7,014 and adjusted EBITDA margin slipped to 10.4%.

Biggest Revenue Drivers

Retail vehicle sales, net$5,507M+61.7% YoY

Retail units sold rose to 197,325 from 143,280 and revenue per retail unit to $27,908 from $23,765 on retail market appreciation

Wholesale sales and revenues$1,343M+31.2% YoY

Wholesale units sold rose to 105,052 from 72,770 on higher overall vehicle acquisitions, partially offset by lower wholesale marketplace revenues

Biggest Revenue Drivers

Total revenue: $7,376M+52.4% YoY

Retail vehicle sales, net$5,507M+61.7% YoY

Retail units sold rose to 197,325 from 143,280 and revenue per retail unit to $27,908 from $23,765 on retail market appreciation

Wholesale sales and revenues$1,343M+31.2% YoY

Wholesale units sold rose to 105,052 from 72,770 on higher overall vehicle acquisitions, partially offset by lower wholesale marketplace revenues

Other sales and revenues$526M+28.0% YoY

Higher gain on loan sales from increased retail units and loan sale volume, partially offset by lower loan sale spreads; higher VSC and GAP conversion

Within Other sales and revenues

Gain on loan sales$349M

Total gain on finance receivables sold to financing partners and through securitization transactions

VSC commissions from DriveTime$113M

Commissions on vehicle service contracts sold to customers and administered by related party DriveTime, net of cancellation reserves

Largest Expense Items

Cost of sales$5,992M

Vehicle acquisition, reconditioning and inbound transport costs; includes $27M depreciation and amortization

Selling, general and administrative expenses$704M+$153M YoY

Higher retail units sold drove increases in employee headcount, advertising, market occupancy, logistics, limited warranty, and IT expenses

Compensation and benefits$237M

Largest SG&A component; up from $201M on higher headcount supporting unit growth

Advertising$121M

Up from $84M as the company invests to expand brand awareness and reach

Margins: Total gross profit per unit fell 5.5% to $7,014 from $7,426, with retail GPU -2.4%, wholesale GPU -13.0% and other GPU -7.1%; adjusted EBITDA margin declined to 10.4% from 12.4%.

Watch Items from the Filing

Gross profit per unit and adjusted EBITDA margin both compressed year over year (GPU $7,014 vs $7,426; margin 10.4% vs 12.4%) despite 37.7% unit growth.
Funding concentration: $2.1B of loans sold to Ally in the quarter; Ally MPSA had $1.2B unused capacity at June 30, 2026, later raised to an $8.0B commitment.
SEC subpoena received June 2025 tied to short-seller allegations; securities class action in discovery with class certification pending. Accrual for unresolved legal matters only $10M.
Tax receivable agreement liability of $2.2B, of which $1.7B is due to related parties; $99M is current and $37M was paid during the six months.
Total debt principal of $5.1B against $7.0B total liquidity resources and $2,630M cash; interest expense fell to $101M from $143M after 2028 notes retirement.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$7.4B

Net Income

Q2 2026

$310.0M

Free Cash Flow

Q2 2026

$187.0M

Operating Margin

Q2 2026

9.2%

ROIC

Q2 2026

29.6%

D/E Ratio

Q2 2026

1.28

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+48.6% YoY

$20.32BFY 2025

FY22 $13.60BFY23 $10.77BFY24 $13.67BFY25 $20.32B

Net Income

+570.0% YoY

$1.41BFY 2025

FY22 $-1.59BFY23 $450.0MFY24 $210.0MFY25 $1.41B

Operating Income

+90.0% YoY

$1.88BFY 2025

FY22 $-2.35BFY23 $-80.0MFY24 $990.0MFY25 $1.88B

EPS (Diluted)

+431.4% YoY

$1.69FY 2025

FY22 $-3.15FY23 $0.15FY24 $0.32FY25 $1.69

Total Assets

+55.6% YoY

$13.20BFY 2025

FY22 $8.70BFY23 $7.07BFY24 $8.48BFY25 $13.20B

Total Debt

-8.4% YoY

$5.13BFY 2025

FY22 $8.21BFY23 $6.19BFY24 $5.60BFY25 $5.13B

Op. Cash Flow

+12.9% YoY

$1.04BFY 2025

FY22 $-1.32BFY23 $803.0MFY24 $918.0MFY25 $1.04B

Free Cash Flow

+7.5% YoY

$889.0MFY 2025

FY22 $-1.84BFY23 $716.0MFY24 $827.0MFY25 $889.0M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$20.32B +48.6%	$13.67B +26.9%	$10.77B -20.8%	$13.60B +6.2%	$12.81B +129.4%	$5.59B
Net Income	$1.41B +570.0%	$210.0M -53.3%	$450.0M +128.4%	$-1.59B -1075.6%	$-135.0M +21.1%	$-171.0M
Operating Income	$1.88B +90.0%	$990.0M +1337.5%	$-80.0M +96.6%	$-2.35B	—	—
EPS (Diluted)	$1.69 +431.4%	$0.32 +112.0%	$0.15 +104.8%	$-3.15 -865.6%	$-0.33 +38.0%	$-0.53
Total Assets	$13.20B +55.6%	$8.48B +20.0%	$7.07B -18.7%	$8.70B +24.0%	$7.01B +131.1%	$3.04B
Total Debt	$5.13B -8.4%	$5.60B -9.6%	$6.19B -24.6%	$8.21B +53.2%	$5.36B +216.2%	$1.70B
Operating Cash Flow	$1.04B +12.9%	$918.0M +14.3%	$803.0M +160.6%	$-1.32B +49.0%	$-2.59B -326.6%	$-608.0M
Free Cash Flow	$889.0M +7.5%	$827.0M +15.5%	$716.0M +139.0%	$-1.84B +41.7%	$-3.15B -225.5%	$-968.0M

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Available Research

13F Pro tracks comprehensive data for CARVANA CO. including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of CVNA

PRICE T ROWE ASSOCIATES INC /MD/
$5.6B84,695,539 sh
Capital Research Global Investors
$4.2B63,423,386 sh
BlackRock, Inc.
$3.2B48,494,910 sh
VANGUARD CAPITAL MANAGEMENT LLC
$3.0B45,590,117 sh
FMR LLC
$2.2B33,604,708 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$2.1B32,154,471 sh
STATE STREET CORP
$1.9B29,435,364 sh
CITIGROUP INC
$1.6B25,002,200 sh
Capital International Investors
$1.5B23,257,742 sh
CAS Investment Partners, LLC
$1.5B22,559,570 sh

Fund	Value	Shares
PRICE T ROWE ASSOCIATES INC /MD/	$5.6B	84,695,539
Capital Research Global Investors	$4.2B	63,423,386
BlackRock, Inc.	$3.2B	48,494,910
VANGUARD CAPITAL MANAGEMENT LLC	$3.0B	45,590,117
FMR LLC	$2.2B	33,604,708
VANGUARD PORTFOLIO MANAGEMENT LLC	$2.1B	32,154,471
STATE STREET CORP	$1.9B	29,435,364
CITIGROUP INC	$1.6B	25,002,200
Capital International Investors	$1.5B	23,257,742
CAS Investment Partners, LLC	$1.5B	22,559,570

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Is CVNA a good stock to buy?

13F Pro's AI-powered analysis of CARVANA CO. (CVNA) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Consumer Discretionary sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for CVNA are available on the CVNA stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. CVNA is classified as a large company.

Which hedge funds own CVNA?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling CVNA. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of CARVANA CO.'s investment landscape.