CVNA Q4 2023 Earnings — Carvana Co. Revenue & Financial Results | Market Cap Arena

CVNACarvana Co.

$70B

Q4 2023 Earnings

Consumer Cyclical Auto - Dealerships

Income Statement

Revenue

$2.4B-14.6% YoY

Gross Profit

$359M14.8% margin

Operating Income

-$37M-1.5% margin

Net Income

-$114M-4.7% margin

EPS (Diluted)

$-1.00

QoQ Revenue Growth

-12.6%

Cash Flow

Operating Cash Flow

-$239M

Free Cash Flow

-$257M

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$7.1B

Total Liabilities

$7.5B

Stockholders' Equity

$243M

Cash & Equivalents

$530M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.4B	$2.8B	-14.6%
Gross Profit	$359M	$117M	+206.8%
Operating Income	-$37M	-$439M	+91.6%
Net Income	-$114M	-$806M	+85.9%

Revenue Segments

Used Vehicle Sales

$3.7B86%

Product and Service, Other

$591M14%