Carvana reports record FY2024 net income of $404M; retail units +33% YoY

CARVANA CO.

2024-FY EPS reported $1.59 revenue$13,673,000,000

Full year 2024 revenue $13.67B (+27% YoY); net income $404M (3.0% margin) vs. prior year profit.
Q4 2024 retail units sold 114,379 (+50% YoY); revenue $3.55B (+46%).
Adjusted EBITDA for FY2024 $1.378B (10.1% margin) – claims industry-leading profitability.
Q4 GAAP operating income $260M; diluted EPS $0.56 (Class A).
Expects significant growth in retail units and Adjusted EBITDA in FY2025 including sequential Q1 increase.

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