Earnings release
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CARVANA Carvana Announces First Quarter 2021 Results Retail Units Sold of 92,457 , an increase of 76 % YoY Revenue of $ 2.245 Billion , an increase of 104 % YoY Total Gross Profit of $ 338 Million , an increase of 145 % YoY - PHOENIX - May 6 , 2021 – Carvana Co. ( NYSE : CVNA ) , the leading e - commerce platform for buying and selling used cars , today announced financial results for the quarter ended March 31 , 2021. Carvana's complete first quarter 2021 financial results and management commentary can be found by accessing the Company's shareholder letter on the quarterly results page of the investor relations website . “ First quarter results were exceptional across all key metrics . We delivered triple - digit revenue growth and record retail unit sales while simultaneously increasing GPU and driving operating leverage , ” said Ernie Garcia , founder and CEO of Carvana . " While we are extremely proud of these results , we are even prouder of the team that got us here , of the business we have built together , and of the great experiences that we deliver to our customers . " Conference Call Details Carvana will host a conference call today , May 6 , 2021 , at 5:30 p.m. EDT ( 2:30 p.m. PDT ) to discuss financial results . To participate in the live call , analysts and investors should dial ( 833 ) 255-2830 or ( 412 ) 902-6715 and ask for " Carvana Earnings . " A live audio webcast of the conference call along with supplemental financial information will also be accessible on the company's website at https://investors.carvana.com/ . Following the webcast , an archived version will also be available on the Investor Relations section of the company's website . A telephonic replay of the conference call will be available until May 13 , 2021 , by dialing ( 877 ) 344-7529 or ( 412 ) 317-0088 and entering passcode 10154369 # . Forward Looking Statements This letter contains forward - looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward - looking statements reflect Carvana's current expectations and projections with respect to , among other things , its financial condition , results of operations , plans , objectives , future performance , and business . These statements may be preceded by , followed by or include the words " aim , " " anticipate , " " believe , " " estimate , " " expect , " " forecast , " " intend , " " likely , " " outlook , " " plan , " " potential , " " project , " " projection , " " seek , " " can , " " could , " " may , " " should , " " would , " " will , " the negatives thereof and other words and terms of similar meaning . Forward- looking statements include all statements that are not historical facts . Such forward-