CVNA
Carvana Co
NYSE: CVNA · CONSUMER CYCLICAL · AUTO & TRUCK DEALERSHIPS
$396.59
-2.42% today
Updated 2026-04-29
Market cap
$58.50B
P/E ratio
48.30
P/S ratio
2.88x
EPS (TTM)
$8.47
Dividend yield
—
52W range
$229 – $487
Volume
3.4M
Carvana Co (CVNA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $41.68M | $130.39M | $365.15M | $858.87M | $1.96B | $3.94B | $5.59B | $12.81B | $13.60B | $10.77B | $13.67B | $20.32B |
| Revenue growth (YoY) | — | +212.8% | +180.0% | +135.2% | +127.7% | +101.5% | +41.8% | +129.4% | +6.2% | -20.8% | +26.9% | +48.6% |
| Cost of revenue | $42.10M | $129.05M | $345.95M | $790.78M | $1.76B | $3.43B | $4.86B | $10.99B | $12.60B | $9.05B | $10.96B | $16.13B |
| Gross profit | $-424000.00 | $1.35M | $19.20M | $68.09M | $196.71M | $506.41M | $721.57M | $1.83B | $1.00B | $1.72B | $2.71B | $4.19B |
| Gross margin | -1.0% | 1.0% | 5.3% | 7.9% | 10.1% | 12.9% | 12.9% | 14.3% | 7.4% | 16.0% | 19.8% | 20.6% |
| R&D | — | — | — | $0.00 | — | — | — | — | — | — | — | — |
| SG&A | $10.61M | $25.90M | $81.69M | $167.70M | $314.03M | $582.70M | $559.00M | $1.45B | $2.00B | $1.38B | $1.48B | $1.95B |
| Operating income | $-15.11M | $-35.33M | $-89.48M | $-155.31M | $-228.55M | $-280.30M | $-332.40M | $-104.00M | $-1.49B | $-80.00M | $1.00B | $1.88B |
| Operating margin | -36.2% | -27.1% | -24.5% | -18.1% | -11.7% | -7.1% | -5.9% | -0.8% | -11.0% | -0.7% | 7.3% | 9.3% |
| EBITDA | $-13.43M | $203000.00 | $-84.87M | $914000.00 | $-13.20M | $7.21M | $-257.16M | $-5.00M | $-2.15B | $1.16B | $1.36B | $-110.00M |
| EBITDA margin | -32.2% | 0.2% | -23.2% | 0.1% | -0.7% | 0.2% | -4.6% | -0.0% | -15.8% | 10.8% | 9.9% | -0.5% |
| EBIT | $-15.13M | $-2.60M | $-89.53M | $-10.65M | $-36.74M | $-34.05M | $-330.95M | $-110.00M | $-2.41B | $807.00M | $1.05B | $-385.00M |
| Interest expense | $108000.00 | $1.41M | $3.59M | $7.66M | $25.02M | $80.61M | $131.53M | $176.00M | $486.00M | $632.00M | $651.00M | $505.00M |
| Income tax | $86000.00 | $-32.77M | $3.54M | $-146.00M | $-192.99M | $-249.98M | $-255000.00 | $1.00M | $1.00M | $25.00M | $-4.00M | — |
| Effective tax rate | -0.6% | 89.1% | -4.0% | 88.9% | 75.8% | 68.6% | 0.1% | -0.7% | -0.1% | 5.3% | -1.9% | 0.0% |
| Net income | $-15.24M | $-4.01M | $-93.11M | $-18.31M | $-61.75M | $-114.66M | $-171.14M | $-135.00M | $-1.59B | $450.00M | $210.00M | $1.41B |
| Net income growth (YoY) | — | +73.7% | -2222.6% | +80.3% | -237.2% | -85.7% | -49.3% | +21.1% | -1075.6% | +128.4% | -53.3% | +570.0% |
| Profit margin | -36.6% | -3.1% | -25.5% | -2.1% | -3.2% | -2.9% | -3.1% | -1.1% | -11.7% | 4.2% | 1.5% | 6.9% |