Carvana Co.

Carvana is an American e-commerce platform that specializes in buying and selling used cars entirely online. Founded in 2012, its mission is to transform the traditional car buying and selling experience by offering a seamless, transparent, and convenient process. The company's headquarters are located in Tempe, Arizona.

Carvana's core services include enabling customers to browse a vast inventory of used vehicles, secure personalized financing, trade in their current cars, and purchase additional products like vehicle service contracts and GAP waiver coverage, all through its online platform. The company offers home delivery or pickup at its distinctive Car Vending Machines and provides a 7-day money-back guarantee. Carvana also engages in wholesale vehicle sales.

Led by co-founder, Chairman, and CEO Ernest Garcia III, Carvana has established itself as an industry pioneer in online automotive retail. The company recently reported record first-quarter 2026 results, with retail units sold increasing by 40% year-over-year to 187,393 and total revenue growing by 52% to $6.432 billion. This performance included a net income of $405 million and an Adjusted EBITDA of $672 million. Carvana also announced a 5-to-1 forward stock split scheduled for May 6, 2026.