Is Carvana profitable as a company?

Carvana's profitability has varied significantly since its founding. The company went through a period of rapid growth funded by debt, followed by significant financial restructuring. As of recent reporting, Carvana has focused on profitability improvements through cost reductions and higher per-unit margins. For consumers, the company's financial health matters primarily because it affects long-term service reliability, warranty support, and title processing capacity.