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CVNA · NYSE · Auto - Dealerships

Carvana (CVNA)

Online used-car retailer integrating trade-ins, financing, reconditioning, wholesale auctions, and nationwide delivery.

$65.69

After hours+0.32 (+0.49%)

At close$65.37(−2.69%)

In millions of USD, except per-share figures

In millions	Q3 FY23Sep 2023	Q4 FY23Dec 2023	Q1 FY24Mar 2024	Q2 FY24Jun 2024	Q3 FY24Sep 2024	Q4 FY24Dec 2024	Q1 FY25Mar 2025	Q2 FY25Jun 2025	Q3 FY25Sep 2025	Q4 FY25Dec 2025	Q1 FY26Mar 2026	Q2 FY26Jun 2026
Revenue	2,773	2,424	3,061	3,410	3,655	3,547	4,232	4,840	5,647	5,603	6,432	7,376
Cost of revenue	2,336	2,065	2,513	2,736	2,888	2,825	3,345	3,813	4,499	4,552	5,161	5,992
Gross profit	437	359	548	674	767	722	887	1,027	1,148	1,051	1,271	1,384
	388	396	413	414	429	453	493	514	596	627	690	704
	433	256	456	455	469	329	535	551	595	627	690	704
Selling & marketing	56	59	54	55	56	64	72	84	102	105	118	121
General & administrative	377	197	402	400	413	265	463	467	493	522	572	583
Other expenses	−45	140	−43	−41	−40	124	−42	−37	1	0	0	0
Operating income	49	−37	135	260	338	269	394	513	552	424	581	680
	721	−165	−87	−211	−191	−113	−19	−205	−293	−2,256	−140	−101
Interest expense	153	165	173	173	157	148	139	143	125	98	99	101
Other non-operating income	−874	0	−86	38	34	−35	−120	62	168	2,158	41	0
Income before tax	770	−202	48	49	147	156	375	308	259	−1,832	441	579
Income tax expense	29	−2	−1	1	−1	−3	2	0	−4	−2,783	36	66
Net income from continuing operations	741	−200	49	48	148	159	373	308	263	951	405	513
Net income	782	−114	28	18	85	79	216	183	151	857	250	310
EPS, basic	$1.41	−$0.20	$0.05	$0.03	$0.14	$0.12	$0.32	$0.27	$0.22	$1.90	$0.35	$0.43
EPS, diluted	$0.76	−$0.20	$0.05	$0.03	$0.13	$0.11	$0.30	$0.26	$0.21	$1.19	$0.34	$0.42
Weighted average shares, basic	554	571	581	595	619	651	670	677	696	709	714	718
Weighted average shares, diluted	551	571	581	642	668	699	713	716	731	1,128	740	740
EBITDA	1,010	45	303	298	377	378	587	519	449	−1,665	609	749
Depreciation & amortization	87	82	82	76	73	74	73	68	65	69	69	69
EBIT	923	−37	221	222	304	304	514	451	384	−1,734	540	680