For the year ending 2025-12-31, CVNA made $20,322M in revenue. $1,407M in net income. Net profit margin of 6.92%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net sales and operating revenues | 20,322 | 13,673 | - | 13,604 |
| Cost of sales, including 14, 9, and 5, respectively, to related parties | 16,130 | 10,797 | - | 12,358 |
| Gross profit | 4,192 | 2,876 | 1,724 | 1,246 |
| Selling, general and administrative expenses, including 32, 31, and 33, respectively, to related parties | 2,308 | 1,874 | 1,796 | 2,736 |
| Goodwill impairment | - | 0 | 0 | 847 |
| Other operating expense, net | -3 | -12 | - | - |
| Operating income (loss) | 1,881 | 990 | - | - |
| Interest expense | - | - | 632 | 486 |
| Interest expense, net | 505 | 651 | - | - |
| Loss (gain) on debt extinguishment | -16 | -12 | 878 | - |
| Other expense (income), net | -2,250 | 73 | 1 | -70 |
| Net (loss) income before income taxes | -890 | 400 | 175 | -2,893 |
| Income tax (benefit) provision | -2,785 | -4 | 25 | 1 |
| Net income | 1,895 | 404 | 150 | -2,894 |
| Net income (loss) attributable to non-controlling interests | 488 | 194 | -300 | -1,307 |
| Net income attributable to carvana co | 1,407 | 210 | 450 | -1,587 |
| Net loss attributable to class a common stockholders, diluted | - | - | - | -1,587 |
| Net income attributable to class a common stockholders, basic | 1,407 | 210 | 450 | - |
| Net loss per share of class a common stock, basic (in dollars per share) | - | - | - | -15.74 |
| Weighted-average shares of class a common stock, basic (in shares) | - | - | - | 100,828,000 |
| Net earnings per share of class a common stock, basic (in dollars per share) | 10.22 | 1.72 | 4.12 | - |
| Net earnings per share of class a common stock, diluted (in dollars per share) | 8.45 | 1.59 | 0.75 | -15.74 |
| Weighted-average shares of class a common stock, basic (in shares) | 137,634,000 | 122,344,000 | 109,323,000 | - |
| Weighted-average shares of class a common stock, diluted (in shares) | 224,277,000 | 132,206,000 | 200,578,000 | 100,828,000 |
CARVANA CO. (CVNA)
CARVANA CO. (CVNA)