As of Q3'25, Carvana's Return on Sales (ROS) stands at 4.82%, reflecting a moderate decrease from the previous quarter's 6.74%. The latest figure suggests a slight pullback but remains above the levels seen in early 2024. From Q1'23 to Q3'25, the ROS trend for CVNA has shifted from negative territory (-0.12% in Q1'23) to positive and generally improving performance, peaking at 34.76% in Q3'23 before stabilizing in the mid-single digits throughout 2024 and 2025. The data indicates significant volatility in 2023, followed by a more stable and sustained profitability in subsequent quarters, signaling improved operational efficiency and margin consistency over the observed period.