CVNA Q2 2024 Earnings — Carvana Co. Revenue & Financial Results | Market Cap Arena

CVNACarvana Co.

$70B

Q2 2024 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$3.4B+14.9% YoY

Gross Profit

$674M19.8% margin

Operating Income

$260M7.6% margin

Net Income

$18M0.5% margin

EPS (Diluted)

$0.14

QoQ Revenue Growth

+11.4%

Cash Flow

Operating Cash Flow

$354M

Free Cash Flow

$332M

Stock-Based Comp.

$23M

Balance Sheet

Total Assets

$7.2B

Total Liabilities

$7.1B

Stockholders' Equity

$526M

Cash & Equivalents

$542M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.4B	$3.0B	+14.9%
Gross Profit	$674M	$499M	+35.1%
Operating Income	$260M	$42M	+519.0%
Net Income	$18M	-$58M	+131.0%

Revenue Segments

Used Vehicle Sales

$2.4B90%

Product and Service, Other

$279M10%