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CVNA Stock Income Statements
$112.93 (+1.03%)  At 2024-06-20 20:00:00 EST

We provide you with 20 years income statements for CVNA stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as sales and marketing expenses, research and development costs, stock-based compensation, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of CVNA. Explore the full financial landscape of CVNA stock with our expertly curated income statements.

 Revenue  
 Gross Profit  
 Operating Profit  
 Net Income  
Quarterly
 | 
Annual
 
20190630 20190930 20191231 20200331 20200630 20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 -1,441-680.2980.43841.141,601.862,362.573,123.293,884Milllion

Detailed Financial Analysis of CVNA Stock

Quarterly Income Statements
Quarterly
 | 
Annual
 
Unit: USD2024-03-31 2023-12-31 2023-09-30 2023-06-30 2023-03-31 2022-12-31 2022-09-30 2022-06-30 2022-03-31 2021-12-31 2021-09-30 2021-06-30 2021-03-31 2020-12-31 2020-09-30 2020-06-30 2020-03-31 2019-12-31 2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 
                               
  sales and operating revenues:                             
  retail vehicle sales2,175,000,000 1,777,000,000 1,949,000,000 1,961,000,000 1,827,000,000 2,068,000,000 2,492,000,000                       
  wholesale sales and revenues, including 7 and 5, respectively, from related parties657,000,000                             
  other sales and revenues, including 42 and 36, respectively, from related parties229,000,000                             
  net sales and operating revenues3,061,000,000 2,424,000,000 2,773,000,000 2,968,000,000 2,606,000,000 2,837,000,000 3,386,000,000 3,884,000,000 3,497,000,000 3,753,000,000 3,480,000,000 3,336,000,000 2,245,000,000 1,826,406,000 1,543,609,000 1,118,334,000 1,098,216,000 1,103,587,000 1,094,854,000 986,221,000 755,234,000 584,838,000 534,921,000 475,286,000 360,422,000 265,053,000 225,379,000 209,365,000 159,073,000 
  yoy17.46% -14.56% -18.10% -23.58% -25.48% -24.41% -2.70% 16.43% 55.77% 105.49% 125.45% 198.30% 104.42% 65.50% 40.99% 13.40% 45.41% 88.70% 104.68% 107.50% 109.54% 120.65% 137.34% 127.01% 126.58%     
  qoq26.28% -12.59% -6.57% 13.89% -8.14% -16.21% -12.82% 11.07% -6.82% 7.84% 4.32% 48.60% 22.92% 18.32% 38.03% 1.83% -0.49% 0.80% 11.02% 30.58% 29.14% 9.33% 12.55% 31.87% 35.98% 17.60% 7.65% 31.62%  
  cost of sales, including 1 and 1, respectively, to related parties2,470,000,000                             
  gross profit591,000,000 402,000,000 482,000,000 499,000,000 341,000,000 193,000,000 359,000,000 396,000,000 298,000,000 516,000,000 523,000,000 552,000,000 338,000,000 243,864,000 261,273,000 150,206,000 138,422,000 142,546,000 137,543,000 137,793,000 88,532,000 56,134,000 57,306,000 49,035,000 34,234,000 21,890,000 20,416,000 16,039,000 9,746,000 
  yoy73.31% 108.29% 34.26% 26.01% 14.43% -62.60% -31.36% -28.26% -11.83% 111.59% 100.17% 267.50% 144.18% 71.08% 89.96% 9.01% 56.35% 153.94% 140.02% 181.01% 158.61% 156.44% 180.69% 205.72% 251.26%     
  qoq47.01% -16.60% -3.41% 46.33% 76.68% -46.24% -9.34% 32.89% -42.25% -1.34% -5.25% 63.31% 38.60% -6.66% 73.94% 8.51% -2.89% 3.64% -0.18% 55.64% 57.72% -2.05% 16.87% 43.23% 56.39% 7.22% 27.29% 64.57%  
  selling, general and administrative expenses, including 7 and 8, respectively, to related parties456,000,000                             
  other operating expense1,000,000                             
  operating income134,000,000                             
  yoy                             
  qoq                             
  interest expense173,000,000 165,000,000 153,000,000 155,000,000 159,000,000 83,250,000 153,000,000 116,000,000 64,000,000    30,000,000                 
  other income-87,000,000  4,000,000 -3,000,000 -2,000,000 2,000,000 58,000,000 -3,000,000 13,000,000 22,000,000 -3,000,000 -6,000,000 -7,000,000 -6,573,000 -9,201,000 -3,079,000 17,406,000 1,970,000 827,000 694,000 239,000 223,000 308,000 468,000 179,000 68,000 671,000 391,000 218,000 
  net income before income taxes48,000,000 -202,000,000 770,000,000 -105,000,000 -288,000,000 -1,441,000,000 -508,000,000 -438,000,000 -506,000,000 -181,000,000 -68,000,000 45,000,000 -82,000,000 -154,712,000 -17,644,000 -106,564,000 -183,557,000 -125,740,000 -92,244,000 -64,059,000 -82,596,000 -86,404,000 -64,419,000 -51,250,000 -52,672,000 -47,238,000 -39,769,000 -38,870,000  
  income tax benefit-1,000,000    -2,000,000                         
  net income49,000,000 -200,000,000 741,000,000 -105,000,000 -286,000,000 -1,441,000,000 -508,000,000 -439,000,000 -506,000,000 -182,000,000 -68,000,000 45,000,000 -82,000,000 -154,619,000 -17,720,000 -106,326,000 -183,557,000 -125,740,000 -92,244,000 -64,059,000 -82,596,000 -86,404,000 -64,419,000 -51,250,000 -52,672,000 -47,238,000 -39,769,000 -38,870,000 -38,439,000 
  yoy-117.13% -86.12% -245.87% -76.08% -43.48% 691.76% 647.06% -1075.56% 517.07% 17.71% 283.75% -142.32% -55.33% 22.97% -80.79% 65.98% 122.23% 45.53% 43.19% 24.99% 56.81% 82.91% 61.98% 31.85% 37.03%     
  qoq-124.50% -126.99% -805.71% -63.29% -80.15% 183.66% 15.72% -13.24% 178.02% 167.65% -251.11% -154.88% -46.97% 772.57% -83.33% -42.07% 45.98% 36.31% 44.00% -22.44% -4.41% 34.13% 25.70% -2.70% 11.50% 18.78% 2.31% 1.12%  
  net income attributable to non-controlling interests21,000,000 -86,000,000 -41,000,000 -47,000,000 -126,000,000 -635,000,000 -225,000,000 -201,000,000 -246,000,000 -93,000,000 -36,000,000 23,000,000 -46,000,000 -91,281,000 -10,635,000 -65,496,000 -123,670,000 -105,257,000 -53,227,000 -37,449,000 -54,047,000 -57,700,000 -48,377,000 -41,285,000 45,629,000     
  net income attributable to carvana co.28,000,000 -114,000,000 782,000,000 -58,000,000 -160,000,000 -806,000,000 -283,000,000 -238,000,000 -260,000,000 -89,000,000 -32,000,000 22,000,000 -36,000,000 -63,338,000 -7,085,000 -40,830,000 -59,887,000 -20,483,000 -39,017,000 -26,610,000 -28,549,000 -28,704,000 -16,042,000 -9,965,000 -7,043,000 -5,480,000 -4,380,000 -14,542,000  
  net earnings per share of class a common stock - basic0.24 -1.12 7.05     -2.35    0.27                  
  net earnings per share of class a common stock - diluted0.23 -1.03 3.6     -2.35    0.26                  
  weighted-average shares of class a common stock outstanding - basic116,298 109,323 110,844                           
  weighted-average shares of class a common stock outstanding - diluted212,239 200,578 205,958                           
  wholesale sales and revenues, including 4, 6, 14 and 27, respectively, from related parties 501,250,000 610,000,000                           
  other sales and revenues, including 35, 39, 104 and 137, respectively, from related parties 151,250,000 214,000,000                           
  cost of sales, including 1, 2, 3 and 20, respectively, to related parties 1,756,250,000 2,291,000,000                           
  selling, general and administrative expenses, including 8, 7, 26 and 20, respectively, to related parties 339,250,000 433,000,000                           
  gain on debt extinguishment  -878,000,000                           
  income tax provision -2,000,000 29,000,000     1,000,000      -93,000 76,000 -238,000              
  wholesale sales and revenues, including 5, 7, 10 and 21, respectively, from related parties   777,000,000                          
  other sales and revenues, including 33, 50, 69 and 98, respectively, from related parties   230,000,000                          
  cost of sales, including 1, 9, 2 and 18, respectively, to related parties   2,469,000,000                          
  selling, general and administrative expenses, including 10, 7, 18 and 13, respectively, to related parties   452,000,000                          
  net income per share   -0.55 -1.51 -7.86 -2.67  -2.89 -1.07 -0.38  -0.46 -0.9 -0.1 -0.62 -1.19 -0.39 -0.78 -0.58 -0.69 -0.81 -0.5 -0.41 -0.53 -0.45 -0.29 -0.28  
  weighted-average shares of class a common stock outstanding, basic and diluted   106,222 106,011                         
  wholesale sales and revenues, including 5 and 14, respectively, from related parties    618,000,000                         
  other sales and revenues, including 36 and 48, respectively, from related parties    161,000,000                         
  cost of sales, including 1 and 9, respectively, to related parties    2,265,000,000                         
  selling, general and administrative expenses, including 8 and 6, respectively, to related parties    472,000,000                         
  wholesale sales and revenues, including 6, 15, 27 and 37, respectively, from related parties     494,000,000 697,000,000                       
  other sales and revenues, including 39, 52, 137 and 143, respectively, from related parties     151,250,000 197,000,000                       
  cost of sales, including 2, 17, 20 and 21, respectively, to related parties     2,428,500,000 3,027,000,000                       
  selling, general and administrative expenses, including 7, 7, 20 and 19, respectively, to related parties     526,000,000 656,000,000                       
  weighted-average shares of class a common stock, basic and diluted     100,828 105,857  90,095 82,805 84,779  78,103 64,981 70,005 66,327 50,399 46,847 49,787 46,038 41,352 30,043 34,655 27,780 18,346 15,241 15,045 15,026  
  used vehicle sales       2,962,000,000 2,732,000,000 2,897,000,000 2,650,000,000 2,504,000,000 1,800,000,000 1,495,386,000 1,289,128,000 991,802,000 964,279,000 949,971,000 931,016,000 855,785,000 683,829,000 526,798,000 486,269,000 437,922,000 334,056,000 246,473,000 208,113,000 193,947,000 148,382,000 
  wholesale sales and revenues, including 7, 16, 21 and 22, respectively, from related parties       704,000,000                      
  other sales and revenues, including 50, 49, 98 and 91, respectively, from related parties       218,000,000                      
  cost of sales, including 9, 3, 18 and 4, respectively, to related parties       3,488,000,000                      
  selling, general and administrative expenses, including 7, 6, 13 and 12, respectively, to related parties       721,000,000                      
  weighted-average shares of class a common stock - basic       101,450    81,398                  
  weighted-average shares of class a common stock - diluted       101,450    176,015                  
  wholesale vehicle sales, including 14 and 6 respectively, from related parties        575,000,000                     
  other sales and revenues, including 48 and 42, respectively, from related parties        190,000,000                     
  cost of sales, including 9 and 1, respectively, to related parties        3,199,000,000                     
  selling, general and administrative expenses, including 6 for both periods, to related parties        727,000,000                     
  wholesale vehicle sales, including 15, 1, 37, and 1, respectively, from related parties         337,250,000 552,000,000                   
  other sales and revenues, including 52, 26, 143, and 69, respectively, from related parties         189,500,000 278,000,000                   
  cost of sales, including 17, 1, 21, and 3, respectively, to related parties         1,912,000,000 2,957,000,000                   
  selling, general and administrative expenses, including 7, 5, 19, and 14, respectively, to related parties         353,250,000 546,000,000                   
  interest expense, including 0, 0, 0, and 1, respectively, to related parties         30,250,000 48,000,000 43,000,000                  
  wholesale vehicle sales, including 16, 0, 22, and 0, respectively, from related parties           557,000,000                  
  other sales and revenues, including 49, 23, 91, and 43, respectively, from related parties           275,000,000                  
  cost of sales, including 3, 1, 4, and 2, respectively, to related parties           2,784,000,000                  
  selling, general and administrative expenses, including 6, 5, 12, and 9, respectively, to related parties           470,000,000                  
  wholesale vehicle sales, including 6 and 0, respectively, from related parties            240,000,000                 
  other sales and revenues, including 42 and 20, respectively, from related parties            205,000,000                 
  cost of sales, including 1 for both periods to related parties            1,907,000,000                 
  selling, general and administrative expenses, including 6 and 4, respectively, to related parties            397,000,000                 
  wholesale vehicle sales, including 1,323, 0, 1,365, and 0, respectively, from related parties             64,741,250 129,925,000               
  other sales and revenues, including 26,141, 15,824, 69,423, and 40,386, respectively, from related parties             63,996,250 124,556,000               
  cost of sales, including 931, 997, 2,664, and 3,487, respectively, to related parties             802,564,500 1,282,336,000               
  selling, general and administrative expenses, including 4,712, 4,264, 13,630, and 9,884, respectively, to related parties             195,871,750 267,842,000               
  interest expense, including 332, 332, 998, and 998, respectively, to related parties             17,263,250 20,276,000               
  wholesale vehicle sales               49,434,000 79,606,000 79,112,000 92,430,000 63,014,000 33,030,000 25,389,000 21,440,000 16,622,000 10,133,000 7,511,000 7,459,000 7,818,000 5,726,000 
  other sales and revenues, including 22,720, 13,989, 43,282, and 24,562, respectively, from related parties               77,098,000              
  cost of sales, including 891, 1,217, 1,733, and 2,490, respectively, to related parties               968,128,000              
  selling, general and administrative expenses, including 4,491, 2,885, 8,917, and 5,620, respectively, to related parties               239,934,000              
  interest expense, including 333, 333, 666, and 666, respectively, to related parties               19,915,000              
  other sales and revenues, including 20,562 and 10,573, respectively, from related parties                54,331,000             
  cost of sales, including 842 and 1,273, respectively, to related parties                959,794,000             
  selling, general and administrative expenses, including 4,426 and 2,735, respectively, to related parties                275,711,000             
  interest expense, including 333 to related parties                28,862,000             
  other sales and revenues, including 15,824, 6,696, 40,386 and 16,351, respectively, from related parties                 44,301,250 71,408,000           
  cost of sales, including 997, 1,286, 3,487 and 3,543 respectively, to related parties                 618,110,250 957,311,000           
  selling, general and administrative expenses, including 4,264, 2,085, 9,884 and 6,019 respectively, to related parties                 136,263,500 207,970,000           
  interest expense, including 332, 0, 998 and 0, respectively, to related parties                 13,988,250 20,990,000           
  dividends on class a convertible preferred stock                     -256,000 -1,230,000 -1,375,000 -1,345,000     
  accretion of beneficial conversion feature on class a convertible preferred stock                        -1,380,000     
  net income attributable to class a common stockholders                 -20,483,000 -39,017,000 -26,610,000 -28,549,000 -28,960,000 -17,272,000 -11,340,000 -9,768,000     
  other sales and revenues, including 13,989, 5,544, 24,562, and 9,655, respectively, from related parties                   67,422,000          
  cost of sales, including 1,217 and 1,210, 2,490 and 2,257 respectively, to related parties                   848,428,000          
  selling, general and administrative expenses, including 2,885, 2,115, 5,620 and 3,934 respectively, to related parties                   181,843,000          
  interest expense, including 333, 0, 666 and 0, respectively, to related parties                   19,315,000          
  other sales and revenues, including 10,573 and 4,111, respectively, from related parties                    38,375,000         
  cost of sales, including 1,273 and 1,047, respectively, to related parties                    666,702,000         
  selling, general and administrative expenses, including 2,735 and 1,819, respectively, to related parties                    155,241,000         
  interest expense, including 333 and 0, respectively, to related parties                    15,648,000         
  other sales and revenues, including 6,696, 2,414, 16,351 and 6,070, respectively, from related parties                     16,046,750 27,212,000       
  cost of sales                     528,704,000 477,615,000 426,251,000 326,188,000 243,163,000 204,963,000 193,326,000 149,327,000 
  selling, general and administrative expenses                     130,652,000 115,768,000 95,652,000 83,186,000 66,805,000 58,676,000 52,011,000 45,908,000 
  interest expense, including 0, 0, 0 and 1,382, respectively, to related parties                     3,338,750 5,649,000       
  other sales and revenues, including 5,544, 1,898, 9,655 and 3,656, respectively, from related parties                       20,742,000      
  interest expense, including 0, 1,241, 0 and 1,382, respectively, to related parties                       4,165,000      
  other sales and revenues, including 4,111 and 1,758, respectively, from related parties                        16,233,000     
  interest expense, including 0 and 141, respectively, to related parties                        3,541,000     
  other sales and revenues, including 2,414, 0, 6,070 and 0, respectively, from related parties                         5,593,000 9,807,000   
  interest expense, including 0, 0, 1,382 and 0, respectively, to related parties                         1,351,000 838,000   
  less: net income attributable to non-controlling interests                         -41,758,000 -35,389,000 -24,328,000  
  other sales and revenues, including 1,898, 0, 3,656 and 0, respectively, from related parties                           7,600,000  
  interest expense, including 1,241, 0, 1,382 and 0, respectively, to related parties                           2,507,000  
  other sales and revenues, including 1,758 and 0 from related parties                            4,965,000 
  interest expense, including 141 and 0 to related parties                            2,059,000 
  net income attributable to class a unit holders, basic and diluted                            -45,700,000 
  net income per class a unit, basic and diluted                            -440 
  weighted-average class a units outstanding, basic and diluted                            103,286,000 
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