CVNA · XBRL financial data

Carvana financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (CVNA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023†Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	5,587	12,814	13,604	10,771	13,673	20,322
Cost of goods and services sold	4,793	10,885	12,358	9,047	10,797	16,130
Gross profit	794	1,929	1,246	1,724	2,876	4,192
Selling, general and administrative	1,126	2,033	2,736	1,796	1,874	2,308
Other operating income (expense)	—	—	(14)	(8)	(12)	(3)
Operating income (loss)	—	—	(2,351)	(80)	990	1,881
Interest expense	132	176	486	632	651	505
Other income (expense)	1	(6)	(70)	1	73	(2,250)
Income tax expense (benefit)	(0)	1	1	25	(4)	(2,785)
Net income (loss)	(171)	(135)	(1,587)	450	210	1,407
Earnings per share, basic‡ USD per share	—	(0.33)	(3.15)	0.82	0.34	2.04
Earnings per share, diluted‡ USD per share	(0.53)	(0.33)	(3.15)	0.15	0.32	1.69
Weighted average shares, basic‡ millions of shares	—	414	504	547	612	688
Weighted average shares, diluted‡ millions of shares	325	414	504	1,003	661	1,121

‡ Per-share figures and share counts are adjusted for the 5-for-1 stock split (May 2026); filings made before it reported them unadjusted.
† Share count changed about 2x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (CVNA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023†Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	301	403	434	530	1,716	2,327
Accounts receivable	79	206	253	266	303	245
Inventory	1,036	3,149	1,876	1,150	1,608	2,408
Total current assets	1,923	4,892	4,594	3,321	4,869	6,549
Right-of-use asset	155	369	536	455	440	443
Goodwill	9	9	0	—	0	10
Total assets	3,035	7,015	8,698	7,071	8,484	13,201
Accounts payable	67	141	232	231	236	236
Current portion of long-term debt	79	2,154	1,638	777	302	211
Total current liabilities	467	2,890	2,592	1,536	1,338	1,519
Long-term debt	1,617	3,208	6,574	5,416	5,256	4,830
Lease liability, non-current	147	361	507	433	414	406
Total liabilities	2,233	6,490	9,751	7,455	7,109	8,998
Accumulated deficit	(354)	(489)	(2,076)	(1,626)	(1,416)	(9)
Total stockholders' equity	388	306	(518)	243	1,260	3,441
Total liabilities and equity	3,035	7,015	8,698	7,071	8,484	13,201

† Share count changed about 2x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (CVNA's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023†Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(171)	(135)	(1,587)	450	210	1,407
Stock-based compensation	25	39	69	73	91	96
Net cash from operating activities	(608)	(2,594)	(1,324)	803	918	1,036
Purchases of property and equipment	360	557	512	87	91	147
Net cash from investing activities	(346)	(627)	(2,583)	31	(13)	(230)
Proceeds from issuing common stock	—	—	—	453	1,264	536
Net cash from financing activities	1,165	3,528	3,899	(868)	261	(137)
Net change in cash	211	307	(8)	(34)	1,166	669

† Share count changed about 2x in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 5500 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 5500 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Carvana	3,049	8,040	555*	not reported	Q3 FY26 10-QSep 30, 2026
Copart	1,908	not reported	358*	926.3M	Q4 FY26 10-KJul 31, 2026
Caseys General Stores	524	5,678	384	37.0M	Q1 FY27 10-QJul 31, 2026
Carmax	171	7,878	883*	141.9M	Q2 FY27 10-QAug 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.