CARVANA CO. (CVNA) FY2026 Q1 P&L / Income Statement

CARVANA CO. (CVNA) FY2026 Q1 P&L / Income Statement

Income statement for 2026-01-01 through 2026-03-31. View: Product and service. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

Net sales and operating revenues, from related parties

6,432,000,000 US dollars

Cost of sales, including $5 and $3, respectively, to related parties

5,161,000,000 US dollars

Gross profit

1,271,000,000 US dollars

Operating costs, net of other operating income (calculated)

690,000,000 US dollars

Operating income

581,000,000 US dollars

Other income (expense), net (calculated)

negative 140,000,000 US dollars

Net income before income taxes

441,000,000 US dollars

Income tax provision

36,000,000 US dollars

Net income

405,000,000 US dollars

Retail vehicle sales, net

4,828,000,000 US dollars

Wholesale sales and revenues

1,078,000,000 US dollars

Other sales and revenues

526,000,000 US dollars

Selling, general and administrative expenses, including $10 and $7, respectively, to related parties

690,000,000 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.: $250.00 M; to noncontrolling interests: $155.00 M.