← CARVANA CO.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $365.1m |
$858.9m
+135.21%
|
$2.0b
+127.68%
|
$3.9b
+101.48%
|
$5.6b
+41.79%
|
$12.8b
+129.37%
|
$13.6b
+6.17%
|
$10.8b
-20.82%
|
$13.7b
+26.94%
|
$20.3b
+48.63%
|
$25.1b
+23.30%
|
|
| Cost of Revenue | $346.0m |
$790.8m
+128.58%
|
$1.8b
+122.41%
|
$3.4b
+95.22%
|
$4.8b
+39.59%
|
$10.9b
+127.11%
|
$12.4b
+13.53%
|
$9.0b
-26.79%
|
$10.8b
+19.34%
|
$16.1b
+49.39%
|
$20.2b
+25.26%
|
|
| Cost of sales, including $14, $9, and $5, respectively, to related parties | $346.0m |
$790.8m
+128.58%
|
$1.8b
+122.41%
|
$3.4b
+95.22%
|
$4.8b
+39.59%
|
$10.9b
+127.11%
|
$12.4b
+13.53%
|
$9.0b
-26.79%
|
$10.8b
+19.34%
|
$16.1b
+49.39%
|
— | |
| Gross Profit | $19.2m |
$68.1m
+254.70%
|
$196.7m
+188.89%
|
$506.4m
+157.44%
|
$793.8m
+56.74%
|
$1.9b
+143.02%
|
$1.2b
-35.41%
|
$1.7b
+38.36%
|
$2.9b
+66.82%
|
$4.2b
+45.76%
|
$4.9b
+15.79%
|
|
| Selling, General and Administrative Expense | $108.7m | $223.4m | $425.3m | $786.7m | $1.1b | $2.0b | $2.7b | $1.8b | $1.9b | $2.3b | $2.6b | |
| Amortization of Intangible Assets | — | — | $1.1m | $1.6m | $1.6m | $2.0m | $16.0m | $17.0m | $18.0m | $14.0m | — | |
| Operating Lease, Lease Income | — | — | — | — | — | — | — | — | — | $9.0m | — | |
| Operating Income (Loss) | — | — | — | — | — | — | ($2.4b) |
($80.0m)
+96.60%
|
$990.0m
+1337.50%
|
$1.9b
+90.00%
|
$2.2b
+18.93%
|
|
| Other Operating Income (Expense), Net | — | — | — | — | — | — | $2.4b | $80.0m | ($12.0m) | ($3.0m) | — | |
| Interest Expense | $3.6m | $7.7m | $25.0m | $80.6m | $131.5m | $176.0m | $486.0m | $632.0m | $651.0m | $505.0m | $423.0m | |
| Other Nonoperating Income (Expense) | ($46k) | ($1.3m) | ($1.2m) | ($3.7m) | $1.4m | ($6.0m) | ($70.0m) | $1.0m | $73.0m | ($2.2b) | — | |
| Other expense (income), net | $46k | $1.3m | $1.2m | $3.7m | ($1.4m) | $6.0m | $70.0m | ($1.0m) | ($73.0m) | $2.2b | — | |
| Net (loss) income before income taxes | ($93.1m) | ($164.3m) | ($254.7m) | ($364.6m) | ($462.5m) | ($286.0m) | ($2.9b) | $175.0m | $400.0m | ($890.0m) | — | |
| Income Tax Expense (Benefit) | $0 | $0 | $0 | $0 | ($255k) | $1.0m | $1.0m | $25.0m | ($4.0m) | ($2.8b) | ($2.7b) | |
| Net Income (Loss) Attributable to Parent | ($93.1m) |
($62.8m)
+32.51%
|
($61.8m)
+1.73%
|
($114.7m)
-85.67%
|
($171.1m)
-49.26%
|
($135.0m)
+21.12%
|
($1.6b)
-1075.56%
|
$450.0m
+128.36%
|
$210.0m
-53.33%
|
$1.4b
+570.00%
|
$1.6b
+11.44%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($93.1m) |
($64.5m)
+30.74%
|
($67.3m)
-4.42%
|
($114.7m)
-70.27%
|
($171.1m)
-49.26%
|
($135.0m)
+21.12%
|
($1.6b)
-1075.56%
|
$450.0m
+128.36%
|
$210.0m
-53.33%
|
$1.4b
+570.00%
|
$1.6b
+11.44%
|
|
| Net Income (Loss) Attributable to Noncontrolling Interest | $0 | ($101.5m) | ($193.0m) | ($250.0m) | ($291.1m) | ($152.0m) | ($1.3b) | ($300.0m) | $194.0m | $488.0m | $1.6b | |
| Preferred Stock Dividends, Income Statement Impact | — | $413k | $4.2m | $0 | $0 | — | — | — | — | — | — | |
| Earnings Per Share, Basic | — | — | — | ($2.45) | ($2.63) | ($1.63) | ($15.74) | $4.12 | $1.72 | $10.22 | $2.23 | |
| Earnings Per Share, Diluted | ($0.68) | ($1.31) | ($2.24) | ($2.45) | ($2.63) | ($1.63) | ($15.74) | $0.75 | $1.59 | $8.45 | $1.89 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | — | — | — | — | — | 109.3m | 122.3m | 137.6m | 709.2m | |
| Weighted-average shares of Class A common stock, basic (in shares) | — | — | — | $46.8m | $65.0m | $82.8m | $100.8m | $109.3m | $122.3m | $137.6m | — | |
| Weighted-average shares of Class A common stock, diluted (in shares) | — | — | — | $46.8m | $65.0m | $82.8m | $100.8m | $200.6m | $132.2m | $224.3m | — | |
| Weighted Average Number of Shares Outstanding, Diluted | — | — | — | $46.8m | $65.0m | 82.8m | 100.8m | 200.6m | 132.2m | 224.3m | 1.1b | |
| Additional Financial Items | ||||||||||||
| Goodwill, Impairment Loss | — | — | $0 | $0 | $0 | $0 | $847.0m | $0 | $0 | $0 | $0 | |
| Loss (gain) on debt extinguishment | — | — | — | — | — | $0 | $0 | ($878.0m) | $12.0m | $16.0m | — | |
| Other operating expense, net | — | — | — | — | — | — | $14.0m | $8.0m | $12.0m | $3.0m | — | |
| Share-based Payment Arrangement, Expensed and Capitalized, Amount | — | — | $25.7m | $35.7m | $30.6m | $47.0m | $93.0m | $81.0m | $102.0m | $107.0m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.