# CARVANA CO. (CVNA) FY2025 Q1 P&L / Income Statement

- Company: CARVANA CO. (CVNA)
- Period: 2025-01-01 to 2025-03-31
- Filing: Q1 FY2025 10-Q, filed 2025-05-07, accession number 0001690820-25-000161
- Page: https://plicit.ai/financials/cvna/fy2025-q1-income-statement
- Chart image: https://plicit.ai/charts/cvna-fy2025-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-01-01 through 2025-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Net sales and operating revenues, from related parties**: 4,232,000,000 US dollars
- **Cost of sales, including $1 and $1, respectively, to related parties**: 3,303,000,000 US dollars
- **Gross profit**: 929,000,000 US dollars
- **Operating costs, net of other operating income (calculated)**: 535,000,000 US dollars
- **Operating income**: 394,000,000 US dollars
- **Other income (expense), net (calculated)**: negative 19,000,000 US dollars
- **Net income before income taxes**: 375,000,000 US dollars
- **Income tax provision (benefit)**: 2,000,000 US dollars
- **Net income**: 373,000,000 US dollars
- **Retail vehicle sales, net**: 2,980,000,000 US dollars
- **Wholesale sales and revenues**: 863,000,000 US dollars
- **Other sales and revenues**: 389,000,000 US dollars
- **Selling, general and administrative expenses, including $7 and $7, respectively, to related parties**: 535,000,000 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.: $216.00 M; to noncontrolling interests: $157.00 M.