On the Record · Carvana

Carvana acquisitions, on the record

The businesses Carvana bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.

Deals its annual reports describe

Business	Deal	When	Value
ADESA U.S. Auction, LLC ("ADESA") Word for word“Wholesale marketplace revenues, which were only included in our results from operations subsequent to the ADESA Acquisition, were higher during the year ended December 31, 2023 at $856 million, compared to $490 million during the year ended December 31, 2022, primarily due to an increase in wholesale marketplace units sold to 871,200 during the year ended December 31, 2023, compared to 485,333 during the year ended December 31, 2022.” 10-K for 2023	acquisition	—	—
ADESA US Auction, LLC Word for word“Further, the acquisition of ADESA US Auction, LLC in 2022 provided us with 56 additional locations that could be built out to increase our reconditioning capacity.” 10-K for 2024	acquisition	in 2022	—

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Goodwill from acquisitions
2021-12-31	$0	$0
2022-12-31	$2.2 billion	$838 million
2023-12-31	$7 million	—
2024-12-31	$0	—
2025-12-31	$160 million	—

Deal filings since 2016

2026-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-04-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-01-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-01-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-09-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-08-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-08-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-07-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-01-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-01-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-01-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-09-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-05-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-05-10 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2022-04-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-03-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-02-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-02-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-02-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-12-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-08-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-07-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-03-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-03-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-10-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-09-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-05-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-04-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-12-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-07-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-05-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-04-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-04-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-12-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-10-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-09-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-09-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-05-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2017-05-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Carvana’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-18. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.