Carvana reported revenue of $7376.00M and net income of $513.00M for the quarter ended Jun 2026, up 52.4% year over year. This income statement covers 42 quarters of results from Mar 2016 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Mar2016 | Jun2016 | Sep2016 | Dec2016 | Mar2017 | Jun2017 | Sep2017 | Dec2017 | Mar2018 | Jun2018 | Sep2018 | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||||||||||||||||||||
| Revenue | 3,480.00M | 3,753.00M | 3,497.00M | 3,884.00M | 3,386.00M | 2,837.00M | 2,606.00M | 2,968.00M | 2,773.00M | 2,424.00M | 3,061.00M | 3,410.00M | 3,655.00M | 3,547.00M | 4,232.00M | 4,840.00M | 5,647.00M | 5,603.00M | 6,432.00M | 7,376.00M | ||||||||||||||||||||||
| Cost of RevenueCost of Rev | 2,957.00M | 62.00M | 3,199.00M | 3,488.00M | 3,027.00M | 2,644.00M | 2,265.00M | 2,469.00M | 2,291.00M | 2,022.00M | 2,470.00M | 2,695.00M | 2,848.00M | 2,784.00M | 3,303.00M | 3,776.00M | 4,499.00M | 4,552.00M | 5,161.00M | 5,992.00M | ||||||||||||||||||||||
| Gross Profit | 523.00M | 516.00M | 298.00M | 396.00M | 359.00M | 193.00M | 341.00M | 499.00M | 482.00M | 402.00M | 591.00M | 715.00M | 807.00M | 763.00M | 929.00M | 1,064.00M | 1,148.00M | 1,051.00M | 1,271.00M | 1,384.00M | ||||||||||||||||||||||
| Operating items | ||||||||||||||||||||||||||||||||||||||||||
| Selling, General & AdministrativeSG&A | 546.00M | 620.00M | 727.00M | 721.00M | 656.00M | 632.00M | 472.00M | 452.00M | 433.00M | 439.00M | 456.00M | 455.00M | 469.00M | 494.00M | 535.00M | 551.00M | 595.00M | 627.00M | 690.00M | 704.00M | ||||||||||||||||||||||
| Other Operating ExpensesOther Opex | -1.00M | -5.00M | -1.00M | -1.00M | -1.00M | -1.00M | -1.00M | -9.00M | -2.00M | -1.00M | ||||||||||||||||||||||||||||||||
| Operating ExpensesOpex | 546.00M | 620.00M | 727.00M | 721.00M | 656.00M | 632.00M | 472.00M | 452.00M | 433.00M | 439.00M | 456.00M | 455.00M | 469.00M | 494.00M | 535.00M | 551.00M | 595.00M | 627.00M | 690.00M | 704.00M | ||||||||||||||||||||||
| Operating IncomeOp. Inc | -23.00M | -104.00M | -429.00M | -325.00M | -297.00M | -439.00M | -132.00M | 42.00M | 48.00M | -38.00M | 134.00M | 259.00M | 337.00M | 260.00M | 394.00M | 511.00M | 552.00M | 424.00M | 581.00M | 680.00M | ||||||||||||||||||||||
| EBIT | -23.00M | -104.00M | -429.00M | -325.00M | -297.00M | -439.00M | -132.00M | 42.00M | 48.00M | -38.00M | 134.00M | 259.00M | 337.00M | 260.00M | 394.00M | 511.00M | 552.00M | 424.00M | 581.00M | 680.00M | ||||||||||||||||||||||
| Non-operating items | ||||||||||||||||||||||||||||||||||||||||||
| Non Operating Interest Expenses | 48.00M | 55.00M | 64.00M | 116.00M | 153.00M | 153.00M | 159.00M | 155.00M | 153.00M | 165.00M | 173.00M | 173.00M | 157.00M | 148.00M | 139.00M | 143.00M | 125.00M | 98.00M | 99.00M | 101.00M | ||||||||||||||||||||||
| Other Non Operating IncomeOther Non Op Inc. | 3.00M | -22.00M | -13.00M | 3.00M | -58.00M | 12.00M | 3.00M | 8.00M | 878.00M | 87.00M | -35.00M | -29.00M | 50.00M | 122.00M | -60.00M | -154.00M | -2158.00M | -41.00M | ||||||||||||||||||||||||
| Net income details | ||||||||||||||||||||||||||||||||||||||||||
| EBT | -68.00M | -181.00M | -506.00M | -438.00M | -508.00M | -1448.00M | -288.00M | -105.00M | 770.00M | -202.00M | 48.00M | 49.00M | 147.00M | 156.00M | 375.00M | 308.00M | 259.00M | -1832.00M | 441.00M | 579.00M | ||||||||||||||||||||||
| Tax ProvisionsTaxes | 1.00M | 1.00M | -2.00M | 29.00M | -2.00M | -1.00M | 1.00M | -1.00M | -3.00M | 2.00M | -4.00M | -2798.00M | 36.00M | 66.00M | ||||||||||||||||||||||||||||
| Profit After TaxPAT | -68.00M | -182.00M | -506.00M | -439.00M | -508.00M | -1441.00M | -286.00M | -105.00M | 782.00M | -114.00M | 49.00M | 48.00M | 148.00M | 159.00M | 373.00M | 308.00M | 263.00M | 951.00M | 405.00M | 513.00M | ||||||||||||||||||||||
| Income from Non-Controlling InterestsInc. Minority | -36.00M | -93.00M | -246.00M | -201.00M | -225.00M | -635.00M | -126.00M | -47.00M | -41.00M | -86.00M | 21.00M | 30.00M | 63.00M | 80.00M | 157.00M | 125.00M | 112.00M | 94.00M | 155.00M | 203.00M | ||||||||||||||||||||||
| Income from Continuing OperationsIncome (Continuing) | -68.00M | -182.00M | -506.00M | -439.00M | -508.00M | -1448.00M | -286.00M | -105.00M | 741.00M | -200.00M | 49.00M | 48.00M | 148.00M | 159.00M | 373.00M | 308.00M | 263.00M | 966.00M | 405.00M | 513.00M | ||||||||||||||||||||||
| Consolidated Net IncomeConsol Net Inc. | -68.00M | -182.00M | -506.00M | -439.00M | -508.00M | -1448.00M | -286.00M | -105.00M | 741.00M | -200.00M | 49.00M | 48.00M | 148.00M | 159.00M | 373.00M | 308.00M | 263.00M | 966.00M | 405.00M | 513.00M | ||||||||||||||||||||||
| Income towards Parent CompanyParent Net Inc | -68.00M | -182.00M | -506.00M | -439.00M | -508.00M | -1448.00M | -286.00M | -105.00M | 741.00M | -200.00M | 49.00M | 48.00M | 148.00M | 159.00M | 373.00M | 308.00M | 263.00M | 966.00M | 405.00M | 513.00M | ||||||||||||||||||||||
| Preferred Dividend PaymentsPref Dividends | ||||||||||||||||||||||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | -68.00M | -182.00M | -506.00M | -439.00M | -508.00M | -1448.00M | -286.00M | -105.00M | 741.00M | -200.00M | 49.00M | 48.00M | 148.00M | 159.00M | 373.00M | 308.00M | 263.00M | 966.00M | 405.00M | 513.00M | ||||||||||||||||||||||
| Additional items | ||||||||||||||||||||||||||||||||||||||||||
| EPS (Basic) | -0.16 | -0.44 | -1.12 | -0.87 | -0.96 | -2.87 | -0.54 | -0.20 | 1.34 | -0.37 | 0.08 | 0.08 | 0.24 | 0.26 | 0.56 | 0.45 | 0.38 | 1.40 | 0.57 | 0.71 | ||||||||||||||||||||||
| EPS (Diluted) | -0.16 | -0.44 | -1.12 | -0.87 | -0.96 | -2.87 | -0.54 | -0.20 | 0.72 | -0.20 | 0.05 | 0.07 | 0.22 | 0.24 | 0.52 | 0.43 | 0.36 | 0.86 | 0.55 | 0.69 | ||||||||||||||||||||||
| Shares Outstanding | 423.89M | 414.02M | 450.48M | 507.25M | 529.28M | 504.14M | 530.05M | 531.11M | 554.22M | 546.62M | 581.49M | 594.65M | 619.41M | 611.72M | 670.29M | 677.07M | 696.07M | 688.17M | 713.75M | 717.69M | ||||||||||||||||||||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 423.89M | 414.02M | 450.48M | 507.25M | 529.28M | 504.14M | 530.05M | 531.11M | 1,029.79M | 1,002.89M | 1,061.19M | 642.33M | 667.77M | 661.03M | 712.93M | 716.15M | 731.37M | 1,121.38M | 740.42M | 739.96M | ||||||||||||||||||||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 863.94M | 864.15M | 864.81M | 943.45M | 944.16M | 944.68M | 944.74M | 946.85M | 997.97M | 999.29M | 1,010.88M | 1,033.37M | 1,036.89M | 1,061.95M | 1,067.59M | 1,074.82M | 1,086.48M | 1,091.69M | 1,096.83M | 1,099.53M | ||||||||||||||||||||||
| EBITDA | -23.00M | -104.00M | -429.00M | -325.00M | -297.00M | -439.00M | -132.00M | 42.00M | 48.00M | -38.00M | 134.00M | 259.00M | 337.00M | 260.00M | 394.00M | 511.00M | 552.00M | 424.00M | 581.00M | 680.00M | ||||||||||||||||||||||
| Interest ExpensesInt Expense | 48.00M | 55.00M | 64.00M | 116.00M | 153.00M | 153.00M | 159.00M | 155.00M | 153.00M | 165.00M | 173.00M | 173.00M | 157.00M | 148.00M | 139.00M | 143.00M | 125.00M | 98.00M | 99.00M | 101.00M | ||||||||||||||||||||||
| Tax Rate | -0.55% | -0.23% | 0.69% | 3.77% | 0.99% | -2.08% | 2.04% | -0.68% | -1.92% | 0.53% | -1.54% | 152.73% | 8.16% | 11.40% |