As of Q4'25, CVNA reported a net income of 857M USD, marking the highest quarterly profit in the period from Q1'23 to Q4'25. The year-over-year growth rate for this quarter reached an impressive 884.8%, highlighting a substantial improvement compared to the same period last year. Over the observed timeframe, CVNA's net income exhibited significant volatility, with notable swings from deep losses in early 2023 to strong profitability by late 2025. After a large loss of -160M USD in Q1'23, the company achieved a sharp turnaround, peaking at 782M USD in Q3'23, then briefly returning to negative territory before sustaining positive net income from Q1'24 onward. The trend demonstrates a clear recovery and robust growth, particularly in 2025, where both net income and YoY growth rates accelerated sharply, suggesting a period of strong operational performance and financial improvement.