Carvana Statements
CV
Carvana Income Statement
B
M
USD (except Earnings per share)
Financial
Revenue
Cost of sales
Gross profit
Research and development
Selling, general and administrative
Total operating expenses
Operating income
Interest expense
Other income
Income before tax
Provision for income taxes
Net income
Diluted earnings per share
Shares outstanding after dilution
3 410
100
2 695
79
715
21
—
0
419
12.3
456
13.4
259
7.6
-173
-5.07
-35
-1.03
49
1.4
1
0.03
18
0.5
0.14
128.47
3 061
100
2 470
80.7
591
19.3
—
0
417
13.6
457
14.9
134
4.4
-173
-5.7
87
2.8
48
1.6
-1
-0.03
28
0.9
0.13
212.24
2 424
100
2 022
83.4
402
16.6
—
0
399
16.5
439
18.1
-37
-1.5
-165
-6.8
—
0
-202
-8.3
-2
-0.08
-114
-4.7
-0.998
114.22
2 773
100
2 291
82.6
482
17.4
—
0
393
14.2
437
15.8
45
1.6
-153
-5.5
—
0
770
27.8
29
1
782
28.2
3.8
206
2 968
100
2 469
83.2
499
16.8
—
0
410
13.8
449
15.1
50
1.7
-155
-5.2
—
0
-105
-3.5
—
0
-58
-2
-0.55
106.2
2 606
100
2 265
86.9
341
13.1
—
0
428
16.4
470
18
-129
-5
-159
-6.1
—
0
-288
-11.05
-2
-0.08
-160
-6.1
-1.51
106
2 837
100
2 644
93.2
193
6.8
—
0
581
20.5
634
22.3
-441
-15.5
-153
-5.4
—
0
-1 441
-50.8
—
0
-806
-28.4
-7.61
105.9
3 386
100
3 027
89.4
359
10.6
—
0
605
17.9
714
21.1
-355
-10.5
-153
-4.5
—
0
-508
-15.003
—
0
-283
-8.4
-2.67
105.9
3 884
100
3 488
89.8
396
10.2
—
0
676
17.4
718
18.5
-322
-8.3
-116
-3
—
0
-438
-11.3
1
0.03
-238
-6.1
-2.35
101.5
3 497
100
3 199
91.5
298
8.5
—
0
691
19.8
740
21.2
-442
-12.6
-64
-1.8
—
0
-506
-14.5
—
0
-260
-7.4
-2.89
90.1
3 753
100
3 237
86.3
516
13.7
—
0
589
15.7
642
17.1
-126
-3.4
-55
-1.5
—
0
-181
-4.8
1
0.03
-89
-2.4
-1.02
86.9
3 480
100
2 957
85
523
15
—
0
519
14.9
543
15.6
-20
-0.6
-48
-1.4
—
0
-68
-2
—
0
-32
-0.9
-0.38
84.8
3 336
100
2 784
83.5
552
16.5
—
0
470
14.1
464
13.9
88
2.6
-43
-1.3
—
0
45
1.3
—
0
22
0.7
0.12
176
2 245
100
1 907
84.9
338
15.1
—
0
375
16.7
390
17.4
-52
-2.3
-30
-1.3
—
0
-82
-3.7
—
0
-36
-1.6
-0.46
78.1
1 826.4
100
1 582.5
86.6
243.9
13.4
—
0
321.4
17.6
336.1
18.4
-92.2
-5.05
-62.5
-3.4
—
0
-154.7
-8.5
-0.1
-0.005
-63.3
-3.5
-0.87
73.2
1 543.6
100
1 282.3
83.1
261.3
16.9
—
0
249.4
16.2
258.7
16.8
2.7
0.2
-20.3
-1.3
—
0
-17.6
-1.1
0.1
0.006
-7.1
-0.5
-0.1
70
1 118.3
100
968.1
86.6
150.2
13.4
—
0
222.7
19.9
236.9
21.2
-86.7
-7.8
-19.9
-1.8
—
0
-106.6
-9.5
-0.2
-0.02
-40.8
-3.6
-0.62
66.3
1 098.2
100
959.8
87.4
138.4
12.6
—
0
260.4
23.7
293.1
26.7
-154.7
-14.09
-28.9
-2.6
—
0
-183.6
-16.7
—
0
-59.9
-5.5
-1.19
50.4
1 103.6
100
961
87.1
142.5
12.9
—
0
228.4
20.7
243.6
22.1
-101
-9.2
-24.7
-2.2
—
0
-125.7
-11.4
—
0
-20.5
-1.9
-0.41
50.2
1 094.9
100
957.3
87.4
137.5
12.6
—
0
197.7
18.1
208.8
19.1
-71.2
-6.5
-21
-1.9
—
0
-92.2
-8.4
—
0
-30.1
-2.7
-0.6
49.8
986.2
100
848.4
86
137.8
14
—
0
173.4
17.6
182.6
18.5
-44.8
-4.5
-19.3
-2
—
0
-64.1
-6.5
—
0
-20.3
-2.06
-0.44
46
755.2
100
666.7
88.3
88.5
11.7
—
0
147.6
19.5
155.5
20.6
-67
-8.9
-15.6
-2.07
—
0
-82.6
-10.9
—
0
-23.1
-3.06
-0.56
41.4
584.8
100
528.7
90.4
56.1
9.6
—
0
130.7
22.3
130.8
22.4
-74.7
-12.8
-11.7
-2.0007
—
0
-86.4
-14.8
—
0
-22.7
-3.9
-0.58
39.4
534.9
100
477.6
89.3
57.3
10.7
—
0
115.8
21.6
116.1
21.7
-58.8
-11
-5.6
-1.05
—
0
-64.4
-12.04
—
0
-17.3
-3.2
-0.5
34.7
475.3
100
426.3
89.7
49
10.3
—
0
95.7
20.1
96
20.2
-47.1
-9.9
-4.2
-0.9
—
0
-51.3
-10.8
—
0
-11.3
-2.4
-0.41
27.8
360.4
100
326.2
90.5
34.2
9.5
—
0
83.2
23.1
83.4
23.1
-49.2
-13.7
-3.5
-1
—
0
-52.7
-14.6
—
0
-9.8
-2.7
-0.53
18.3
265.1
243.2
21.9
—
66.8
66.8
-44.9
-2.3
—
-47.2
—
-51.6
-3.25
15.9
225.4
205
20.4
—
59.3
59.3
-39
-0.8
—
-39.8
—
-4.4
-0.29
15
209.4
193.3
16
—
52.6
52.4
-36.4
-2.5
—
-38.9
—
-4.3
-0.28
15.2
159.1
149.3
9.7
—
45.9
46.1
-36.3
-2.1
—
-38.4
—
-4.2
-0.28
15
106.8
104.4
2.4
—
35
36.7
-34.3
-1.4
—
-35.7
—
47.3
3.15
15
42.5
42
0.6
—
13.2
13.2
-12.7
-0.4
—
-13.1
—
19.7
1.31
15