Earnings release
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CARVANA Carvana Announces Second Quarter 2021 Results , First Positive Net Income Quarter Retail Units Sold of 107,815 , an increase of 96 % YoY Revenue of $ 3.336 Billion , an increase of 198 % YoY Total Gross Profit of $ 552 Million , an increase of 268 % YoY Net Income of $ 45 Million , up from $ ( 106 ) in the prior year period EBITDA of $ 112 Million , up from $ ( 69 ) in the prior year period - PHOENIX - August 5 , 2021 – Carvana Co. ( NYSE : CVNA ) , the leading e - commerce platform for buying and selling used cars , today announced financial results for the quarter ended June 30 , 2021. Carvana's complete second 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 . " This was a landmark quarter for Carvana . We delivered over 100,000 cars in the quarter growing 96 % vs. a year ago and reported our first positive net income quarter , ” said Ernie Garcia , founder and CEO of Carvana . " This quarter we were also named to the Fortune 500 list , becoming one of the four fastest companies to ever make the list with organic growth . We are extremely proud of this milestone and even prouder of the team that has made all of this possible . " Conference Call Details Carvana will host a conference call today , August 5 , 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 Following the webcast , an archived version will also be available on the Investor Relations section of the company's website .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 August 12 , 2021 , by dialing ( 877 ) 344-7529 or ( 412 ) 317-0088 and entering passcode 10158395 # . 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