Carvana Co. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	10,771	13,604	12,814	5,587	3,940	1,955	858.87	365.15	130.39	41.68
Revenue Growth (YoY)	-20.82%	6.17%	129.35%	41.80%	101.49%	127.68%	135.21%	180.04%	212.85%	-
Cost of Revenue	9,047	12,358	10,885	4,793	3,433	1,759	790.78	345.95	129.05	42.1
Gross Profit	1,724	1,246	1,929	794	507	196.71	68.09	19.2	1.35	-0.42
Selling, General & Admin	1,796	2,736	2,033	1,126	787	425.26	223.4	108.68	36.68	14.68
Other Operating Expenses	0	847	0	0	0	0	0	0	0	0
Operating Expenses	1,796	3,583	2,033	1,126	787	425.26	223.4	108.68	36.68	14.68
Operating Income	-72	-2,337	-104	-332	-280	-228.55	-155.31	-89.48	-35.33	-15.11
Interest Expense / Income	632	486	176	131	81	25.02	7.66	3.59	1.41	0.11
Other Expense / Income	-1,179	-1,237	-146	-292	-246	-198.09	-100.13	0.05	0.04	0.02
Pretax Income	475	-1,586	-134	-171	-115	-55.48	-62.84	-93.11	-36.78	-15.24
Income Tax	25	1	1	0	0	0	0	0	0	0
Net Income	450	-1,587	-135	-171	-115	-55.48	-62.84	-93.11	-36.78	-15.24
Preferred Dividends	0	0	0	0	0	5.59	1.65	0	0	0
Net Income Common	450	-1,587	-135	-171	-115	-61.06	-64.49	-93.11	-36.78	-15.24
Shares Outstanding (Basic)	109	101	83	172	152	144	133	132	-	-
Shares Outstanding (Diluted)	201	101	83	-	-	-	-	-	-	-
Shares Change	98.93%	21.77%	-51.80%	13.34%	5.20%	8.54%	0.38%	-	-	-
EPS (Basic)	4.12	-15.74	-1.63	-2.63	-2.45	-2.03	-1.31	-0.68	-0.27	-0.17
EPS (Diluted)	0.75	-15.74	-1.63	-2.63	-2.45	-2.03	-1.31	-0.68	-0.27	-0.17
Free Cash Flow	788	-1,792	-3,151	-968	-988	-558.01	-278.41	-279.76	-67.46	-33.93
Free Cash Flow Per Share	7.21	-17.77	-38.05	-5.63	-6.52	-3.87	-2.10	-2.12	-	-
Gross Margin	16.01%	9.16%	15.05%	14.21%	12.87%	10.06%	7.93%	5.26%	1.03%	-1.02%
Operating Margin	-0.67%	-17.18%	-0.81%	-5.94%	-7.11%	-11.69%	-18.08%	-24.50%	-27.10%	-36.25%
Profit Margin	4.18%	-11.67%	-1.05%	-3.06%	-2.92%	-3.12%	-7.51%	-25.50%	-28.21%	-36.56%
Free Cash Flow Margin	7.32%	-13.17%	-24.59%	-17.33%	-25.08%	-28.54%	-32.42%	-76.62%	-51.73%	-81.41%
Effective Tax Rate	5.26%	-	-	-	-	-	-	-	-	-
EBITDA	1,459	-839	147	34	7	-6.92	-43.61	-84.87	-32.57	-13.43
EBITDA Margin	13.55%	-6.17%	1.15%	0.61%	0.18%	-0.35%	-5.08%	-23.24%	-24.98%	-32.21%
Depreciation & Amortization	352	261	105	74	41	23.54	11.57	4.66	2.8	1.71
EBIT	1,107	-1,100	42	-40	-34	-30.46	-55.18	-89.53	-35.37	-15.13
EBIT Margin	10.28%	-8.09%	0.33%	-0.72%	-0.86%	-1.56%	-6.42%	-24.52%	-27.12%	-36.30%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).