CARVANA CO. (CVNA) FY2026 Q2 P&L / Income Statement

Revenue by Product and Service

2026-04-01 to 2026-06-30

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CARVANA CO. (CVNA) FY2026 Q2 P&L / Income StatementIncome statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.SOURCESREVENUEGROSSOPERATINGPRE-TAXNETRetail vehicle sales, netWholesale sales and revenuesOther sales and revenuesNet sales and operating revenues, from related partiesGross profitCost of sales, including $4, $4, $9 and $7, respectively, to related partiesOperating incomeOperating costs, net of other operating income (calculated)Selling, general and administrative expenses, including $12, $8, $22 and $15, respectively, to related partiesNet income before income taxesOther income (expense), net (calculated)Net incomeIncome tax provisionNet sales and operating revenues, from related partiesNet sales andoperating revenues,from related parties$7.38 BNet income before income taxesNet income beforeincome taxes$579.00 MGross profitGross profit$1.38 BOperating incomeOperating income$680.00 MNet incomeNet income$513.00 MOperating costs, net of other operating income (calculated)Operating costs,net (calculated)$704.00 MIncome tax provisionIncome taxes$66.00 MRetail vehicle sales, netRetail vehicle sales, net$5.51 BCost of sales, including $4, $4, $9 and $7, respectively, to related partiesCost of revenue$5.99 BSelling, general and administrative expenses, including $12, $8, $22 and $15, respectively, to related partiesSelling, general and administrativeexpenses, including $12, $8, $22and $15, respectively, to related…$704.00 MOther income (expense), net (calculated)Other income,net (calculated)−$101.00 MWholesale sales and revenuesWholesale sales and revenues$1.34 BOther sales and revenuesOther sales and revenues$526.00 M
Chart details

CARVANA CO. (CVNA) FY2026 Q2 P&L / Income Statement

Income statement for 2026-04-01 through 2026-06-30. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales and operating revenues, from related parties
7,376,000,000 US dollars
Cost of sales, including $4, $4, $9 and $7, respectively, to related parties
5,992,000,000 US dollars
Gross profit
1,384,000,000 US dollars
Operating costs, net of other operating income (calculated)
704,000,000 US dollars
Operating income
680,000,000 US dollars
Other income (expense), net (calculated)
negative 101,000,000 US dollars
Net income before income taxes
579,000,000 US dollars
Income tax provision
66,000,000 US dollars
Net income
513,000,000 US dollars
Retail vehicle sales, net
5,507,000,000 US dollars
Wholesale sales and revenues
1,343,000,000 US dollars
Other sales and revenues
526,000,000 US dollars
Selling, general and administrative expenses, including $12, $8, $22 and $15, respectively, to related parties
704,000,000 US dollars
Other operating expense, net
0 US dollars

Chart connections

  • Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
  • Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
  • Of which attributable to CARVANA CO.: $310.00 M; to noncontrolling interests: $203.00 M.
CARVANA CO. (CVNA) FY2026 Q2 P&L / Income Statement Sankey chart
Free to share unchanged, with credit to Plicit.ai · CC BY-NC-ND 4.0Download PNG

Gross margin

18.8%

Gross profit / revenue

Operating margin

9.2%

Operating profit / revenue

Cash conversion

46.4%

Operating cash / net income, same period

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