CARVANA CO. - Annual Financials - Income Statement (SEC)

Updated on January 2, 2026.

Related Topics: SEC Topic List.

Data Source: SEC.

See details in table below.

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CARVANA CO. - Annual Income Statement (In Millions of USD, Except Per Share Amounts)

Breakdown	2024-12-31	2023-12-31	2022-12-31
Net sales and operating revenues	13673	10771	13604
Cost of sales, including $6, $4, and $22, respectively, to related parties	10797	9047	12358
Gross profit	2876	1724	1246
Selling, general and administrative expenses, including $31, $33, and $33, respectively, to related parties	1874	1796	2736
Goodwill impairment	0	0	847
Other operating expense, net	-12	-8	-14
Operating income (loss)	990	-80	-2351
Interest expense	651	632	486
Loss (Gain) on debt extinguishment	-12	878	0
Other (income) expense, net	73	9	-56
Net income (loss) before income taxes	400	175	-2893
Income tax (benefit) provision	-4	25	1
Net income (loss)	404	150	-2894
Net income (loss) attributable to non-controlling interests	194	-300	-1307
Net income (loss) attributable to Carvana Co.	210	450	-1587
Net income (loss) attributable to Class A common stockholders, basic	210	450	-1587
Net income (loss) attributable to Class A common stockholders, diluted	210	450	-1587
Basic Earnings Per Share	1.72	4.12	-15.74
Diluted Earnings Per Share	1.59	0.75	-15.74
Basic Weighted Average Shares Outstanding	122.344	109.323	100.828
Diluted Weighted Average Shares Outstanding	132.206	200.578	100.828
Sales and revenues, from related parties	13673	10771	13604
Cost of goods sold, related to vehicles acquired	10797	9047	12358
Selling, general and administrative expenses, to related parties	1874	1796	2736