v3.22.4
Consolidated Statements of Operations - USD ($)
shares in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Sales and operating revenues:      
Net sales and operating revenues $ 13,604,000,000 $ 12,814,000,000 $ 5,587,000,000
Cost of sales, including $22, $65, and $4, respectively, to related parties 12,358,000,000 10,885,000,000 4,793,000,000
Gross profit 1,246,000,000 1,929,000,000 794,000,000
Selling, general and administrative expenses, including $33, $27, and $19, respectively, to related parties 2,736,000,000 2,033,000,000 1,126,000,000
Goodwill impairment 847,000,000 0 0
Interest expense, including $0, $0, and $1, respectively, to related parties 486,000,000 176,000,000 131,000,000
Other expense (income), net 70,000,000 6,000,000 (1,000,000)
Net loss before income taxes (2,893,000,000) (286,000,000) (462,000,000)
Income tax provision 1,000,000 1,000,000 0
Net loss (2,894,000,000) (287,000,000) (462,000,000)
Net loss attributable to non-controlling interests (1,307,000,000) (152,000,000) (291,000,000)
Net loss attributable to Carvana Co. (1,587,000,000) (135,000,000) (171,000,000)
Net loss attributable to Class A common stockholders, basic (1,587,000,000) (135,000,000) (171,000,000)
Net loss attributable to Class A common stockholders, diluted $ (1,587,000,000) $ (135,000,000) $ (171,000,000)
Net loss per share of Class A common stock, diluted (in dollars per share) $ (15.74) $ (1.63) $ (2.63)
Weighted-average shares of Class A common stock, diluted (in shares) [1] 100,828 82,805 64,981
Class A      
Sales and operating revenues:      
Net loss per share of Class A common stock, basic (in dollars per share) $ (15.74) $ (1.63) $ (2.63)
Weighted-average shares of Class A common stock, basic (in shares) [1] 100,828 82,805 64,981
Retail vehicle sales, net      
Sales and operating revenues:      
Net sales and operating revenues $ 10,254,000,000 $ 9,851,000,000 $ 4,741,000,000
Wholesale sales and revenues      
Sales and operating revenues:      
Net sales and operating revenues 2,609,000,000 1,920,000,000 445,000,000
Other sales and revenues      
Sales and operating revenues:      
Net sales and operating revenues $ 741,000,000 $ 1,043,000,000 $ 401,000,000
[1] Weighted-average shares of Class A common stock outstanding have been adjusted for unvested restricted stock awards.