Income StatementBalance SheetCash FlowSegments
Carvana logo

Carvana Income Statement

Revenue, expenses, and profitability over time

Carvana generated $22.5B in trailing twelve-month revenue, up 0.5% year-over-year. Net income was $1.4B with a 6.4% net margin. Gross margin stands at 20.13% and operating margin at 9.18%. Diluted EPS is $8.45, which grew 0.6% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$22.5BGross Profit (TTM)$4.5BOperating Income (TTM)$2.1BNet Income (TTM)$1.4BEps Diluted (TTM)$8.45
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$286.53B
P/E Ratio198.84
ROE55.17%

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operating Expense, Net-$9.0M$0.0-$2.0M-$1.0M$0.0$0.0
Selling, general and administrative$494.0M$535.0M$551.0M$595.0M$627.0M$690.0M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Basic earnings per share—$2.56$2.56$2.56$2.56—
Diluted earnings per share—$2.11$2.11$2.11$2.11—
Weighted-average shares, basic30.6M34.4M34.4M34.4M34.4M—
Weighted-average shares, diluted33.1M56.1M56.1M56.1M56.1M—

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gain (loss) on extinguishment of debt-$6.0M-$2.0M$0.0-$14.0M$0.0$0.0
Interest expense$148.0M$139.0M$143.0M$125.0M$98.0M$99.0M

Operating Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Gross profit$763.0M$929.0M$1.1B$1.1B$1.1B$1.3B
Operating income$260.0M$394.0M$511.0M$552.0M$424.0M$581.0M

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income tax expense-$3.0M$2.0M$0.0-$4.0M-$2.8B$36.0M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net income$79.0M$216.0M$183.0M$151.0M$857.0M$250.0M

Cost of Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total cost of revenue$2.8B$3.3B$3.8B$4.5B$4.6B$5.2B

Revenue

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Total revenue$3.5B$4.2B$4.8B$5.6B$5.6B$6.4B

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other income, net (Note 6)$50.0M$122.0M-$60.0M-$154.0M-$2.2B-$41.0M