CVNA Q3 2024 Earnings — Carvana Co. Revenue & Financial Results | Market Cap Arena

CVNACarvana Co.

$70B

Q3 2024 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$3.7B+31.8% YoY

Gross Profit

$767M21.0% margin

Operating Income

$338M9.2% margin

Net Income

$85M2.3% margin

EPS (Diluted)

$0.64

QoQ Revenue Growth

+7.2%

Cash Flow

Operating Cash Flow

$403M

Free Cash Flow

$376M

Stock-Based Comp.

$24M

Balance Sheet

Total Assets

$7.4B

Total Liabilities

$7.1B

Stockholders' Equity

$611M

Cash & Equivalents

$871M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.7B	$2.8B	+31.8%
Gross Profit	$767M	$437M	+75.5%
Operating Income	$338M	$49M	+589.8%
Net Income	$85M	$782M	-89.1%

Revenue Segments

Used Vehicle Sales

$2.5B89%

Product and Service, Other

$326M11%