Income Statement - CARVANA CO. (CVNA)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 20,322.00 | 13,673.00 | 10,771.00 | 13,604.00 | 12,814.00 | 5,586.57 | 3,939.90 | 1,955.47 | 858.87 | 365.15 | 130.39 | 41.68 |
| Cost of revenue | 16,130.00 | 10,962.00 | 9,047.00 | 12,603.00 | 10,988.00 | 4,864.99 | 3,433.48 | 1,758.76 | 790.78 | 345.95 | 129.05 | 42.10 |
| Gross profit | 4,192.00 | 2,711.00 | 1,724.00 | 1,001.00 | 1,826.00 | 721.57 | 506.41 | 196.71 | 68.09 | 19.20 | 1.35 | -0.42 |
| Total operating expenses | 2,311.00 | 1,709.00 | 1,804.00 | 2,491.00 | 1,930.00 | 1,053.97 | 786.72 | 425.26 | 223.40 | 108.68 | 36.68 | 14.68 |
| Operating income | 1,881.00 | 1,002.00 | -80.00 | -1,490.00 | -104.00 | -332.40 | -280.30 | -228.55 | -155.31 | -89.48 | -35.33 | -15.11 |
| Non-operating income (net) | -2,771.00 | -602.00 | 255.00 | -1,403.00 | -182.00 | -130.08 | -84.34 | -26.20 | -9.01 | -3.63 | -1.45 | -0.13 |
| Income before tax | -890.00 | 400.00 | 175.00 | -2,893.00 | -286.00 | -462.48 | -364.64 | -254.75 | -164.32 | -93.11 | -36.78 | -15.24 |
| Income tax expense | -2,785.00 | -4.00 | 25.00 | 1.00 | 1.00 | -0.26 | -249.98 | -192.99 | -146.00 | 3.54 | -32.77 | 0.09 |
| Net income | 1,407.00 | 210.00 | 450.00 | -1,587.00 | -135.00 | -171.14 | -114.66 | -61.75 | -18.31 | -93.11 | -4.01 | -15.24 |
Show Quarterly Income Statement
Income Statement - CARVANA CO. (CVNA)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 6,432.00 | 5,603.00 | 5,647.00 | 4,840.00 | 4,232.00 | 3,547.00 | 3,655.00 | 3,410.00 | 3,061.00 | 2,424.00 | 2,773.00 | 2,968.00 | 2,606.00 | 2,837.00 | 3,386.00 | 3,884.00 | 3,497.00 | 3,753.00 | 3,480.00 | 3,336.00 | 2,245.00 | 1,826.41 | 1,544.00 | 1,118.33 | 1,098.22 | 1,103.59 | 1,094.85 | 986.22 | 755.23 | 584.84 | 534.92 | 475.29 | 360.42 | 265.05 | 225.38 | 209.37 | 159.07 | 106.83 | 98.84 | 86.53 | 72.95 | 42.51 | 35.67 | 28.61 | 23.60 |
| Cost of revenue | 5,161.00 | 4,552.00 | 4,499.00 | 3,813.00 | 3,345.00 | 2,825.00 | 2,888.00 | 2,736.00 | 2,513.00 | 2,065.00 | 2,336.00 | 2,469.00 | 2,353.00 | 2,720.00 | 3,099.00 | 3,549.00 | 3,199.00 | 3,268.00 | 2,984.00 | 2,784.00 | 1,929.00 | 1,603.86 | 1,280.00 | 968.13 | 959.79 | 974.40 | 957.31 | 848.43 | 666.70 | 535.54 | 484.05 | 431.51 | 330.79 | 246.99 | 208.06 | 195.91 | 151.39 | 104.39 | 92.08 | 80.49 | 68.99 | 41.45 | 35.44 | 28.19 | 23.46 |
| Gross profit | 1,271.00 | 1,051.00 | 1,148.00 | 1,027.00 | 887.00 | 722.00 | 767.00 | 674.00 | 548.00 | 359.00 | 437.00 | 499.00 | 253.00 | 117.00 | 287.00 | 335.00 | 298.00 | 485.00 | 496.00 | 552.00 | 316.00 | 222.55 | 264.00 | 150.21 | 138.42 | 129.19 | 137.54 | 137.79 | 88.53 | 49.30 | 50.87 | 43.78 | 29.63 | 18.07 | 17.32 | 13.46 | 7.69 | 2.44 | 6.77 | 6.04 | 3.96 | 1.06 | 0.00 | 0.00 | 0.00 |
| Total operating expenses | 690.00 | 627.00 | 596.00 | 514.00 | 493.00 | 453.00 | 429.00 | 414.00 | 413.00 | 396.00 | 388.00 | 457.00 | 384.00 | 556.00 | 584.00 | 660.00 | 727.00 | 589.00 | 519.00 | 470.00 | 375.00 | 321.36 | 271.00 | 239.93 | 275.71 | 228.30 | 207.97 | 181.84 | 155.24 | 123.81 | 109.33 | 90.40 | 78.58 | 62.98 | 55.58 | 49.43 | 43.85 | 36.71 | 28.00 | 23.34 | 20.63 | 13.76 | 0.00 | 0.00 | 0.00 |
| Operating income | 581.00 | 424.00 | 552.00 | 513.00 | 394.00 | 269.00 | 338.00 | 260.00 | 135.00 | -37.00 | 49.00 | 42.00 | -131.00 | -439.00 | -297.00 | -325.00 | -429.00 | -104.00 | -23.00 | 82.00 | -59.00 | -98.81 | -7.00 | -89.73 | -137.29 | -99.12 | -70.43 | -44.05 | -66.71 | -74.52 | -58.46 | -46.62 | -48.95 | -44.92 | -38.26 | -35.97 | -36.16 | -34.27 | -21.23 | -17.31 | -16.68 | -12.64 | 0.00 | 0.00 | 0.00 |
| Non-operating income (net) | -140.00 | -2,256.00 | -293.00 | -205.00 | -19.00 | -113.00 | -191.00 | -211.00 | -87.00 | -165.00 | 721.00 | -147.00 | -157.00 | -1,002.00 | -211.00 | -113.00 | -77.00 | -77.00 | -45.00 | -37.00 | -23.00 | -55.90 | -11.00 | -16.84 | -46.27 | -26.62 | -21.82 | -20.01 | -15.89 | -11.89 | -5.96 | -4.63 | -3.72 | -2.32 | -1.51 | -2.90 | -2.28 | -1.43 | -0.76 | -0.80 | -0.65 | -0.45 | 0.00 | 0.00 | 0.00 |
| Income before tax | 441.00 | -1,832.00 | 259.00 | 308.00 | 375.00 | 156.00 | 147.00 | 49.00 | 48.00 | -202.00 | 770.00 | -105.00 | -288.00 | -1,441.00 | -508.00 | -438.00 | -506.00 | -181.00 | -68.00 | 45.00 | -82.00 | -154.71 | -18.00 | -106.56 | -183.56 | -125.74 | -92.24 | -64.06 | -82.60 | -86.40 | -64.42 | -51.25 | -52.67 | -47.24 | -39.77 | -38.87 | -38.44 | -35.69 | -21.99 | -18.11 | -17.33 | -13.09 | 0.00 | 0.00 | 0.00 |
| Income tax expense | 36.00 | -2,783.00 | -4.00 | 125.00 | 2.00 | -3.00 | -1.00 | 1.00 | -1.00 | -2.00 | 29.00 | -47.00 | -2.00 | 153.00 | -225.00 | 1.00 | -246.00 | 1.00 | -36.00 | 23.00 | -46.00 | -0.09 | 0.08 | -0.24 | -123.67 | -105.26 | -53.23 | -37.45 | -54.05 | -57.70 | -48.38 | -41.29 | -45.63 | -86.29 | -35.39 | -24.33 | 1.84 | 1.29 | 0.69 | 0.79 | 0.77 | 3.50 | 0.00 | 0.00 | 0.00 |
| Net income | 405.00 | 857.00 | 151.00 | 183.00 | 216.00 | 79.00 | 85.00 | 18.00 | 28.00 | -114.00 | 782.00 | -58.00 | -160.00 | -806.00 | -283.00 | -238.00 | -260.00 | -89.00 | -32.00 | 22.00 | -36.00 | -63.34 | -7.00 | -40.83 | -59.89 | -41.13 | -39.02 | -26.61 | -28.55 | -22.43 | -16.04 | -9.97 | -7.04 | -5.48 | -4.38 | -4.28 | -38.44 | -35.69 | -21.99 | -18.11 | -17.33 | -16.59 | 0.00 | 0.00 | 0.00 |