Carvana Metropolitan Markets (MSAs) Served by Year

Carvana Metropolitan Markets (MSAs) Served: 316 in FY2025, unchanged from a year earlier. That is the highest of the 12 years on record here.

“Carvana is the leading e-commerce platform for buying and selling used cars. We are transforming the used car buying and selling experience by giving consumers what they want - a wide selection, great value and quality, transparent pricing, and a simple, no pressure transaction. Our differentiated business model combines a comprehensive online sales experience with a vertically integrated supply chain, designed to sell high-quality vehicles to our customers transparently and efficiently at a low price. The automotive retail industry is large – with approximately 37 million used auto retail transactions in the United States (“U.S.”) in 2024 according to Cox Automotive – and highly fragmented – with the top 10 used auto retailers in the U.S. accounting for less than 10% of the market share in 2024. These dynamics create an exceptional opportunity for disruption that our custom-built business model can capitalize on to remain well-positioned for long term growth. Over the years, we have leveraged our growing logistics network, which spans 316 metropolitan statistical areas, and our in-house distribution network, servicing over 80% of the U.S. population as of December 31, 2025, to sell 2.8 million retail vehicles, generating $84.1 billion in total revenue since inception in 2012 through December 31, 2025.”

Source: Form 10-K (cvna-20251231.htm, filed 2026-02-18) ↗

Reported in Carvana IR Market Launches & IRC Capacity Workbook & Form 10-K / 10-Q.

See every metric in the Carvana KPI table. Data updated Oct 29, 2026.