Carvana Co., together with its subsidiaries, operates an e-commerce platform for buying and selling used cars in the United States. The company's platform allows customers to research and identify a vehicle; inspect it using company's 360-degree vehicle imaging technology; obtain financing and warranty coverage; purchase the vehicle; and schedule delivery or pick-up from their desktop or mobile devices. Carvana Co. was founded in 2012 and is headquartered in Tempe, Arizona.

Carvana Co.

Retail Vehicle Sales, Net

Retail Vehicle Sales, Net %Chg

Retail Vehicle Sales, Net Common Size

Wholesale Sales and Revenues from Related Parties

Wholesale Sales and Revenues from Related Parties %Chg

Wholesale Sales and Revenues from Related Parties Common Size

Other Sales and Revenues from Related Parties

Other Sales and Revenues from Related Parties %Chg

Other Sales and Revenues from Related Parties Common Size

Net Sales and Operating Revenues

Net Sales and Operating Revenues %Chg

Net Sales and Operating Revenues Common Size

Cost of Sales to Related Parties

Cost of Sales to Related Parties %Chg

Cost of Sales to Related Parties Common Size

Gross Profit

Gross Profit %Chg

Gross Profit Common Size

Selling, General and Administrative Expenses to Related Parties

Selling, General and Administrative Expenses to Related Parties %Chg

Selling, General and Administrative Expenses to Related Parties Common Size

Interest Expense to Related Parties

Interest Expense to Related Parties %Chg

Interest Expense to Related Parties Common Size

Goodwill Impairment

Goodwill Impairment %Chg

Goodwill Impairment Common Size

Other Operating Expense, Net

Other Operating Expense, Net %Chg

Other Operating Expense, Net Common Size

Operating Income

Operating Income %Chg

Operating Income Common Size

Interest Expense, Net

Interest Expense, Net %Chg

Interest Expense, Net Common Size

Loss on Debt Extinguishment

Loss on Debt Extinguishment %Chg

Loss on Debt Extinguishment Common Size

Other Expense, Net

Other Expense, Net %Chg

Other Expense, Net Common Size

Net Income Before Income Taxes

Net Income Before Income Taxes %Chg

Net Income Before Income Taxes Common Size

Income Tax Benefit

Income Tax Benefit %Chg

Income Tax Benefit Common Size

Net Income

Net Income %Chg

Net Income Common Size

Net Income Attributable to Non-Controlling Interests

Net Income Attributable to Non-Controlling Interests %Chg

Net Income Attributable to Non-Controlling Interests Common Size

Net Income Attributable to Carvana Co.

Net Income Attributable to Carvana Co. %Chg

Net Income Attributable to Carvana Co. Common Size

Dividends on Class A Convertible Preferred Stock

Dividends on Class A Convertible Preferred Stock %Chg

Dividends on Class A Convertible Preferred Stock Common Size

Accretion of Beneficial Conversion Feature on Class A Convertible Preferred Stock

Accretion of Beneficial Conversion Feature on Class A Convertible Preferred Stock %Chg

Accretion of Beneficial Conversion Feature on Class A Convertible Preferred Stock Common Size

Net Loss Attributable to Class A Common Stockholders

Net Loss Attributable to Class A Common Stockholders %Chg

Net Loss Attributable to Class A Common Stockholders Common Size

Net Loss per Share of Class A Common Stock, Basic and Diluted

Net Loss per Share of Class A Common Stock, Basic and Diluted %Chg

Net Loss per Share of Class A Common Stock, Basic and Diluted Common Size

Weighted-Average Shares of Class A Common Stock Outstanding, Basic and Diluted

Weighted-Average Shares of Class A Common Stock Outstanding, Basic and Diluted %Chg

Weighted-Average Shares of Class A Common Stock Outstanding, Basic and Diluted Common Size

Net Income Attributable to Class A Common Stockholders

Net Income Attributable to Class A Common Stockholders %Chg

Net Income Attributable to Class A Common Stockholders Common Size

Net Earnings per Share of Class a Common Stock - Basic

Net Earnings per Share of Class a Common Stock - Basic %Chg

Net Earnings per Share of Class a Common Stock - Basic Common Size

Net Earnings per Share of Class a Common Stock - Diluted

Net Earnings per Share of Class a Common Stock - Diluted %Chg

Net Earnings per Share of Class a Common Stock - Diluted Common Size

Weighted-Average Shares of Class a Common Stock Outstanding - Basic

Weighted-Average Shares of Class a Common Stock Outstanding - Basic %Chg

Weighted-Average Shares of Class a Common Stock Outstanding - Basic Common Size

Weighted-Average Shares of Class a Common Stock Outstanding - Diluted

Weighted-Average Shares of Class a Common Stock Outstanding - Diluted %Chg

Weighted-Average Shares of Class a Common Stock Outstanding - Diluted Common Size

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Cost of Sales

Cost of Sales %Chg

Cost of Sales Common Size

Gross Profit Margin

Gross Profit Margin %Chg

Gross Profit Margin Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Other Operating Expenses

Other Operating Expenses %Chg

Other Operating Expenses Common Size

Operating Profit

Operating Profit %Chg

Operating Profit Common Size

Operating Margin

Operating Margin %Chg

Operating Margin Common Size

Interest Expense

Interest Expense %Chg

Interest Expense Common Size

Non-Operating Income

Non-Operating Income %Chg

Non-Operating Income Common Size

Total Non-Operating Income

Total Non-Operating Income %Chg

Total Non-Operating Income Common Size

Income Before Provision for Income Taxes

Income Before Provision for Income Taxes %Chg

Income Before Provision for Income Taxes Common Size

Provision for Income Taxes

Provision for Income Taxes %Chg

Provision for Income Taxes Common Size

Consolidated Net Income

Consolidated Net Income %Chg

Consolidated Net Income Common Size

Net Income Attributable to Minority Interests and Other

Net Income Attributable to Minority Interests and Other %Chg

Net Income Attributable to Minority Interests and Other Common Size

Net Income Attributable to Preferred Dividends

Net Income Attributable to Preferred Dividends %Chg

Net Income Attributable to Preferred Dividends Common Size

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Total Revenues	18,266	16,274	14,844	13,673	12,550	11,668
Total Revenues %Chg	45.5%	39.5%	32.2%	26.9%	12.2%	-1.1%
Retail Vehicle Sales, Net
Wholesale Sales and Revenues from Related Parties
Other Sales and Revenues from Related Parties
Cost of Sales	14,362	12,711	11,630	10,797	10,035	9,478
Cost of Sales to Related Parties
Gross Profit	3,904	3,563	3,214	2,876	2,515	2,190
Gross Profit
Gross Profit Margin	21.4%	21.9%	21.7%	21%	20%	18.8%
Selling, General & Administrative Expenses	2,175	2,049	1,953	1,874	1,819	1,783
Selling, General and Administrative Expenses to Related Parties
Other Operating Expenses	12	12	11	12	4	4
Goodwill Impairment
Other Operating Expense, Net
Operating Profit	1,717	1,502	1,250	990	692	403
Operating Income
Operating Margin	9.4%	9.2%	8.4%	7.2%	5.5%	3.5%
Interest Expense	-555	-587	-617	-651	-668	-664
Interest Expense to Related Parties
Interest Expense, Net
Non-Operating Income	-64	71	94	61	18	926
Loss on Debt Extinguishment
Other Expense, Net
Total Non-Operating Income	-619	-516	-523	-590	-650	262
Income Before Provision for Income Taxes	1,098	986	727	400	42	665
Net Income Before Income Taxes
Provision for Income Taxes	-5	-2	-1	-4	-3	27
Income Tax Benefit
Consolidated Net Income	1,103	988	728	404	45	638
Net Income
Net Income Attributable to Minority Interests and Other	474	425	330	194	28	-76
Net Income Attributable to Non-Controlling Interests
Net Income Attributable to Preferred Dividends	—	—	—	—	—	—
Dividends on Class A Convertible Preferred Stock
Accretion of Beneficial Conversion Feature on Class A Convertible Preferred Stock
Net Income Attributable to Common Shareholders	629	563	398	210	17	714
Net Loss Attributable to Class A Common Stockholders
Net Income Attributable to Carvana Co.
Basic EPS	4.7	4.3	3.1	1.7	0.1	6.4
Diluted EPS	4.4	4	2.9	1.6	0	3
Basic Weighted Average Shares Outstanding	134.4	130.7	126.4	121.9	117.9	114.2
Total Shares Outstanding	141.2	136.5	135	133.3	126.4	121.1
Diluted Weighted Average Shares Outstanding	134.4	130.7	126.4	132.2	117.9	114.2
EBITDA	1,997	1,790	1,546	1,295	1,005	730
Effective Tax Rate	-0.5%	-0.2%	-0.1%	-1%	-7.1%	4.1%