Carvana Co. (CVNA)
NYSE: CVNA · Real-Time Price · USD
73.57
+1.49 (2.07%)
At close: Nov 6, 2026, 4:00 PM EST
73.50
-0.07 (-0.09%)
After-hours: Nov 6, 2026, 7:58 PM EST
Carvana Co. Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 27,451 | 20,322 | 13,673 | 10,771 | 13,604 | 12,814 | |
Revenue Growth | 50.29% | 48.63% | 26.94% | -20.82% | 6.17% | 129.35% |
Cost of Revenue | 22,224 | 16,130 | 10,797 | 9,047 | 12,351 | 10,885 |
Gross Profit | 5,227 | 4,192 | 2,876 | 1,724 | 1,253 | 1,929 |
Selling, General & Admin | 2,662 | 2,144 | 1,709 | 1,606 | 2,486 | 1,928 |
Other Operating Expenses | 1 | - | - | - | 14 | - |
Operating Expenses | 2,827 | 2,308 | 1,874 | 1,789 | 2,700 | 2,033 |
Operating Income | 2,400 | 1,884 | 1,002 | -65 | -1,447 | -104 |
Interest Expense | -396 | -505 | -651 | -632 | -486 | -176 |
Other Non Operating Income (Expenses) | -2,146 | -2,186 | -42 | 9 | -42 | -5 |
EBT Excluding Unusual Items | -142 | -807 | 309 | -688 | -1,975 | -285 |
Merger & Restructuring Charges | - | - | - | -7 | -57 | - |
Impairment of Goodwill | - | - | - | - | -847 | - |
Gain (Loss) on Sale of Investments | -64 | -64 | 115 | - | - | - |
Gain (Loss) on Sale of Assets | -1 | -3 | -12 | -8 | -14 | -1 |
Other Unusual Items | -53 | -16 | -12 | 878 | - | - |
Pretax Income | -260 | -890 | 400 | 175 | -2,893 | -286 |
Income Tax Expense | -2,612 | -2,785 | -4 | 25 | 1 | 1 |
Earnings From Continuing Operations | 2,352 | 1,895 | 404 | 150 | -2,894 | -287 |
Minority Interest in Earnings | -646 | -488 | -194 | 300 | 1,307 | 152 |
Net Income | 1,706 | 1,407 | 210 | 450 | -1,587 | -135 |
Net Income to Common | 1,706 | 1,407 | 210 | 450 | -1,587 | -135 |
Net Income Growth | 171.22% | 570.00% | -53.33% | - | - | - |
Shares Outstanding (Basic) | 715 | 688 | 612 | 547 | 504 | 414 |
Shares Outstanding (Diluted) | 1,136 | 1,121 | 661 | 1,003 | 504 | 414 |
Shares Change | 58.51% | 69.64% | -34.09% | 98.93% | 21.77% | 27.43% |
EPS (Basic) | 2.38 | 2.04 | 0.34 | 0.82 | -3.15 | -0.33 |
EPS (Diluted) | 1.94 | 1.69 | 0.32 | 0.15 | -3.15 | -0.33 |
EPS Growth | 121.12% | 431.41% | 112.61% | - | - | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,113 | 889 | 827 | 716 | -1,836 | -3,151 |
Free Cash Flow Per Share | 0.98 | 0.79 | 1.25 | 0.71 | -3.64 | -7.61 |
Gross Margin | 19.04% | 20.63% | 21.03% | 16.01% | 9.21% | 15.05% |
Operating Margin | 8.74% | 9.27% | 7.33% | -0.60% | -10.64% | -0.81% |
Profit Margin | 6.21% | 6.92% | 1.54% | 4.18% | -11.67% | -1.05% |
Free Cash Flow Margin | 4.05% | 4.38% | 6.05% | 6.65% | -13.50% | -24.59% |
EBITDA | 2,671 | 2,159 | 1,307 | 287 | -1,186 | 1 |
EBITDA Margin | 9.73% | 10.62% | 9.56% | 2.67% | -8.72% | 0.01% |
D&A For EBITDA | 271 | 275 | 305 | 352 | 261 | 105 |
EBIT | 2,400 | 1,884 | 1,002 | -65 | -1,447 | -104 |
EBIT Margin | 8.74% | 9.27% | 7.33% | -0.60% | -10.64% | -0.81% |
Effective Tax Rate | - | - | - | 14.29% | - | - |
Revenue as Reported | 27,451 | 20,322 | 13,673 | 10,771 | 13,604 | 12,814 |
Advertising Expenses | - | 363 | 229 | 228 | 490 | 479 |