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Carvana CVNA Business Segments — Gain (Loss) on Extinguishment of Debt
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Where this comes from
Reported directly by Carvana in its filing.
Tagged under the XBRL concept us-gaap:GainsLossesOnExtinguishmentOfDebt.
The source filing: Carvana’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 4:11 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001690820-26-000055
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Other operating expense, net | — | 2 | — | 2 |
| Operating income | 680 | 511 | 1,261 | 905 |
| Interest expense, net | 101 | 143 | 200 | 282 |
| Loss on debt extinguishment | — | — | — | 2 |
| Other expense (income), net | — | 60 | 41 | (62) |
| Net income before income taxes | 579 | 308 | 1,020 | 683 |
| Income tax provision | 66 | — | 102 | 2 |
| Net income | $513 | $308 | $918 | $681 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is Carvana's business segments — gain (loss) on extinguishment of debt?
- Carvana (CVNA) reported business segments — gain (loss) on extinguishment of debt of $0 in Q2 2026.
- What does business segments — gain (loss) on extinguishment of debt mean?
- This represents the accounting gain or loss recognized when a specific business segment retires debt before its scheduled maturity date. It typically arises from differences between the reacquisition price and the net carrying amount of the debt. This is often a non-recurring item that reflects management's efforts to restructure debt obligations or optimize the balance sheet.
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