Name | Value |
---|---|
Revenues | 3,410.0M |
Cost of Revenue | 2,736.0M |
Gross Profit | 674.0M |
Operating Expense | 414.0M |
Operating I/L | 260.0M |
Other Income/Expense | -211.0M |
Interest Income | 0.0M |
Pretax | 49.0M |
Income Tax Expense | 1.0M |
Net Income/Loss | 18.0M |
Carvana Co. operates an e-commerce platform for buying and selling used cars in the United States. The company's platform enables customers to research, inspect, finance, and purchase vehicles entirely online, offering convenience and transparency. Carvana generates revenue through the sale of used cars, financing services, and warranty coverage. Its 360-degree vehicle imaging technology allows customers to inspect vehicles remotely, streamlining the buying process. With a focus on digital innovation and customer experience, Carvana has established itself as a disruptive force in the automotive retail industry.