v3.26.3
Net Earnings Per Share - Schedule of Calculation of Basic and Diluted Net Earnings Per Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Sep. 30, 2025
Numerator:                
Net income $ 483 $ 513 $ 405 $ 263 $ 308 $ 373 $ 1,401 $ 944
Net income attributable to non-controlling interests 194     112     552 394
Net income attributable to Carvana Co. Class A common stockholders - basic 289     151     849 550
Net income attributable to Carvana Co. Class A common stockholders - diluted $ 289     $ 151     $ 849 $ 550
Denominator:                
Weighted-average shares of Class A common stock outstanding, basic (in shares) 720,857     696,066     717,456 681,236
Weighted-average shares of Class A common stock outstanding, diluted (in shares) 739,910     731,374     740,051 720,501
Class A Common Stock                
Denominator:                
Weighted-average shares of Class A common stock outstanding, basic (in shares) 720,857     696,066     717,456 681,236
Weighted-average shares of Class A common stock outstanding, diluted (in shares) 739,910     731,374     740,051 720,501
Net earnings per share of Class A common stock - basic (in dollars per share) $ 0.40     $ 0.22     $ 1.18 $ 0.81
Net earnings per share of Class A common stock - diluted (in dollars per share) $ 0.39     $ 0.21     $ 1.15 $ 0.76
Class A Common Stock | Options                
Denominator:                
Dilutive effect of Class A common shares (in shares) 12,446     15,172     12,780 16,359
Class A Common Stock | Restricted Stock Units                
Denominator:                
Dilutive effect of Class A common shares (in shares) 6,607     20,136     9,815 22,906