CARVANA CO. (CVNA) FY2026 YTD Q2 P&L / Income Statement
2026-01-01 to 2026-06-30
Revenue by Product and Service
2026-01-01 to 2026-06-30
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CARVANA CO. (CVNA) FY2026 YTD Q2 P&L / Income Statement
Income statement for 2026-01-01 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
- 13,808,000,000 US dollars
- Cost of sales, including $4, $4, $9 and $7, respectively, to related parties
- 11,153,000,000 US dollars
- Gross profit
- 2,655,000,000 US dollars
- Operating costs, net of other operating income (calculated)
- 1,394,000,000 US dollars
- Operating income
- 1,261,000,000 US dollars
- Other income (expense), net (calculated)
- negative 241,000,000 US dollars
- Net income before income taxes
- 1,020,000,000 US dollars
- Income tax provision
- 102,000,000 US dollars
- Net income
- 918,000,000 US dollars
- Retail vehicle sales, net
- 10,335,000,000 US dollars
- Wholesale sales and revenues
- 2,421,000,000 US dollars
- Other sales and revenues
- 1,052,000,000 US dollars
- Selling, general and administrative expenses, including $12, $8, $22 and $15, respectively, to related parties
- 1,394,000,000 US dollars
- Other operating expense, net
- 0 US dollars
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- 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.: $560.00 M; to noncontrolling interests: $358.00 M.

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Gross margin
19.2%
Gross profit / revenue
Operating margin
9.1%
Operating profit / revenue
Cash conversion
37.6%
Operating cash / net income, same period
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