CVNANYSERetail-Auto Dealers & Gasoline StationsFiscal year ends December 31

CARVANA CO.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026

$58.71−0.12 (-0.20%)

Close on Oct 19, 2026

Market cap: $43.44B
P/E (TTM): 6.9
Dividend yield: –

CARVANA CO. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31	FY 2018 2018-12-31	FY 2017 2017-12-31	FY 2016 2016-12-31	FY 2015 2015-12-31
Revenue	20,322	13,673	10,771	13,604	12,814	5,587	3,940	1,955	859	365	130
Cost of Revenue	16,130	10,797	9,047	12,358	10,885	4,793	3,433	1,759	791	346	129
Gross Profit	4,192	2,876	1,724	1,246	1,929	794	507	197	68	19	1.35
Selling, General & Admin	2,308	1,874	1,796	2,736	2,033	1,126	787	425	223	109	37
Advertising Expenses	363	229	228	490	479	286	204	111	56	27	11
Operating Income	1,881	990	-80	-2,351	–	–	–	–	–	–	–
Interest Expense	505	651	632	486	176	131	81	25	7.66	3.59	1.41
Other Non-Operating Income	-2,250	73	9.00	-56	-6.00	1.00	-4.00	-1.18	-1.35	-0.05	-0.04
Asset Impairment Charges	0	0	0	847	0	0	0	0	0	0	0
Gain (Loss) on Sale of Assets	-3.00	-12	-8.00	-14	-1.00	-6.00	-2.00	-0.58	-0.96	0	0
Income Tax Expense	-2,785	-4.00	25	1.00	1.00	0	0	0	0	0	0
Net Income incl. Noncontrolling Interests	1,895	404	150	-2,894	-287	-462	-365	-255	-164	-93	-37
Minority Interest in Earnings	488	194	-300	-1,307	-152	-291	-250	-199	-101	0	0
Net Income	1,407	210	450	-1,587	-135	-171	-115	-55	-63	-93	-37
Preferred Dividends	–	–	–	–	–	0	0	4.21	0.41	0	–
Net Income to Common	1,407	210	450	-1,587	-135	-171	-115	-61	-64	-93	-37
EPS (Basic)(per share)	10.22	1.72	4.12	-15.74	-1.63	–	–	–	–	–	–
EPS (Diluted)(per share)	8.45	1.59	0.75	-15.74	-1.63	-2.63	-2.45	–	–	–	–
Shares Outstanding (Basic, Weighted)(shares)	138	122	109	101	83	–	–	–	–	–	–
Shares Outstanding (Diluted, Weighted)(shares)	224	132	201	101	83	65	47	–	–	–	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 19.4%
Operating margin: 8.9%
Net margin: 6.3%
Return on equity, FY2025: 59.9%

Financial strength

Current ratio: 3.93
Debt to equity: 1.28
Debt to assets: 35.5%
Cash to current liabilities: 129.0%

Valuation

P/E ratio: 6.9
Price to sales: 1.73
Price to book: 10.79
Dividend yield: –