$CVNA
CARVANA CO.

2020 Q3 Form 10-Q Financial Statement

#000169082020000265 Filed on October 29, 2020

View on sec.gov

Income Statement

Concept 2020 Q3 2019 Q3
Revenue $1.544B $1.095B
YoY Change 41.02% 104.68%
Cost Of Revenue $1.282B $957.3M
YoY Change 33.92% 100.44%
Gross Profit $262.0M $137.5M
YoY Change 90.49% 140.02%
Gross Profit Margin 16.97% 12.56%
Selling, General & Admin $269.0M $208.0M
YoY Change 29.35% 79.64%
% of Gross Profit 102.67% 151.2%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.64M $10.68M
YoY Change 74.53% 65.84%
% of Gross Profit 7.11% 7.76%
Operating Expenses $269.0M $208.0M
YoY Change 29.35% 79.64%
Operating Profit -$7.000M -$70.43M
YoY Change -90.06% 20.47%
Interest Expense $20.00M $20.99M
YoY Change -4.72% 271.57%
% of Operating Profit
Other Income/Expense, Net $9.000M -$827.0K
YoY Change -1188.27% 168.51%
Pretax Income -$17.60M -$92.20M
YoY Change -80.91% 43.17%
Income Tax $0.00 $0.00
% Of Pretax Income
Net Earnings -$7.000M -$30.09M
YoY Change -76.73% 87.56%
Net Earnings / Revenue -0.45% -2.75%
Basic Earnings Per Share
Diluted Earnings Per Share -$101.4K -$604.4K
COMMON SHARES
Basic Shares Outstanding 70.01M shares
Diluted Shares Outstanding 70.01M shares

Balance Sheet

Concept 2020 Q3 2019 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $490.7M $275.8M
YoY Change 77.92% -47.76%
Cash & Equivalents $174.0M $94.94M
Short-Term Investments $317.0M $180.9M
Other Short-Term Assets $71.20M $43.96M
YoY Change 61.97% 66.21%
Inventory $967.5M $629.8M
Prepaid Expenses
Receivables $82.93M $59.04M
Other Receivables $0.00 $0.00
Total Short-Term Assets $1.747B $1.098B
YoY Change 59.12% 17.38%
LONG-TERM ASSETS
Property, Plant & Equipment $941.8M $457.2M
YoY Change 106.01% 81.45%
Goodwill $9.353M $9.353M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $28.51M $16.79M
YoY Change 69.87% 170.73%
Total Long-Term Assets $985.7M $586.4M
YoY Change 68.1% 111.88%
TOTAL ASSETS
Total Short-Term Assets $1.747B $1.098B
Total Long-Term Assets $985.7M $586.4M
Total Assets $2.733B $1.684B
YoY Change 62.25% 38.96%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $96.48M $45.27M
YoY Change 113.13% 56.24%
Accrued Expenses $218.1M $124.5M
YoY Change 75.18% 122.72%
Deferred Revenue $17.54M $6.532M
YoY Change 168.54%
Short-Term Debt $127.0M $262.2M
YoY Change -51.56% -24.96%
Long-Term Debt Due $54.30M $40.20M
YoY Change 35.07% 415.38%
Total Short-Term Liabilities $548.8M $507.5M
YoY Change 8.15% 10.89%
LONG-TERM LIABILITIES
Long-Term Debt $1.081B $776.6M
YoY Change 39.19% 77.02%
Other Long-Term Liabilities $1.497M $1.844M
YoY Change -18.82% -79.67%
Total Long-Term Liabilities $1.082B $778.4M
YoY Change 39.05% 8480.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $548.8M $507.5M
Total Long-Term Liabilities $1.082B $778.4M
Total Liabilities $1.771B $1.373B
YoY Change 28.99% 51.67%
SHAREHOLDERS EQUITY
Retained Earnings -$290.8M -$168.8M
YoY Change 72.27% 267.43%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $430.5M $105.5M
YoY Change
Total Liabilities & Shareholders Equity $2.733B $1.684B
YoY Change 62.25% 38.96%

Cashflow Statement

Concept 2020 Q3 2019 Q3
OPERATING ACTIVITIES
Net Income -$7.000M -$30.09M
YoY Change -76.73% 87.56%
Depreciation, Depletion And Amortization $18.64M $10.68M
YoY Change 74.53% 65.84%
Cash From Operating Activities -$271.3M -$139.9M
YoY Change 93.98% 65.72%
INVESTING ACTIVITIES
Capital Expenditures -$99.43M -$63.24M
YoY Change 57.23% 87.1%
Acquisitions
YoY Change
Other Investing Activities $4.910M $1.470M
YoY Change 234.01%
Cash From Investing Activities -$94.51M -$61.77M
YoY Change 53.0% 82.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 195.8M 267.7M
YoY Change -26.84% -25.42%
NET CHANGE
Cash From Operating Activities -271.3M -139.9M
Cash From Investing Activities -94.51M -61.77M
Cash From Financing Activities 195.8M 267.7M
Net Change In Cash -170.0M 66.07M
YoY Change -357.24% -72.55%
FREE CASH FLOW
Cash From Operating Activities -$271.3M -$139.9M
Capital Expenditures -$99.43M -$63.24M
Free Cash Flow -$171.9M -$76.61M
YoY Change 124.32% 51.43%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Amendment Flag
AmendmentFlag
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2020
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Central Index Key
EntityCentralIndexKey
0001690820
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
cvna Lessee Finance Lease Extension Term
LesseeFinanceLeaseExtensionTerm
P4Y
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2020-09-30
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-38073
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Registrant Name
EntityRegistrantName
CARVANA CO.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
81-4549921
dei Entity Address Address Line1
EntityAddressAddressLine1
1930 W. Rio Salado Parkway
dei Entity Address City Or Town
EntityAddressCityOrTown
Tempe
dei Entity Address State Or Province
EntityAddressStateOrProvince
AZ
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
85281
dei City Area Code
CityAreaCode
480
dei Local Phone Number
LocalPhoneNumber
719-8809
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
dei Security12b Title
Security12bTitle
Class A Common Stock, Par Value $0.001 Per Share
dei Trading Symbol
TradingSymbol
CVNA
dei Security Exchange Name
SecurityExchangeName
NYSE
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
173704000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
76016000 USD
CY2020Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
22619000 USD
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
42443000 USD
CY2020Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
82932000 USD
CY2019Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
39864000 USD
CY2020Q3 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
316972000 USD
CY2019Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
286969000 USD
CY2020Q3 us-gaap Inventory Net
InventoryNet
967547000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
762696000 USD
CY2020Q3 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
112134000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
98780000 USD
CY2020Q3 us-gaap Other Assets Current
OtherAssetsCurrent
71196000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
52654000 USD
CY2020Q3 us-gaap Assets Current
AssetsCurrent
1747104000 USD
CY2019Q4 us-gaap Assets Current
AssetsCurrent
1359422000 USD
CY2020Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
800181000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
543471000 USD
CY2020Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
141657000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
123420000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5990000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
7232000 USD
CY2020Q3 us-gaap Goodwill
Goodwill
9353000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
9353000 USD
CY2020Q3 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
28513000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
14850000 USD
CY2020Q3 us-gaap Assets
Assets
2732798000 USD
CY2019Q4 us-gaap Assets
Assets
2057748000 USD
CY2020Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
355876000 USD
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
234443000 USD
CY2020Q3 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
126981000 USD
CY2019Q4 us-gaap Lines Of Credit Current
LinesOfCreditCurrent
568840000 USD
CY2020Q3 us-gaap Notes Payable Current
NotesPayableCurrent
54313000 USD
CY2019Q4 us-gaap Notes Payable Current
NotesPayableCurrent
48731000 USD
CY2020Q3 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
11616000 USD
CY2019Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
12856000 USD
CY2020Q3 us-gaap Liabilities Current
LiabilitiesCurrent
548786000 USD
CY2019Q4 us-gaap Liabilities Current
LiabilitiesCurrent
864870000 USD
CY2020Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
1080929000 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
883060000 USD
CY2020Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
140010000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
116071000 USD
CY2020Q3 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1497000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
1808000 USD
CY2020Q3 us-gaap Liabilities
Liabilities
1771222000 USD
CY2019Q4 us-gaap Liabilities
Liabilities
1865809000 USD
CY2020Q3 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2020Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2020Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2019Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2020Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2019Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2020Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
721174000 USD
CY2019Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
280994000 USD
CY2020Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-290836000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-183034000 USD
CY2020Q3 us-gaap Stockholders Equity
StockholdersEquity
430510000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
98112000 USD
CY2020Q3 us-gaap Minority Interest
MinorityInterest
531066000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
93827000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
961576000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
191939000 USD
CY2020Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2732798000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2057748000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1543609000 USD
CY2019Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1094854000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3760159000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2836309000 USD
CY2020Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
1282336000 USD
CY2019Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
957311000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
3210258000 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
2472441000 USD
CY2020Q3 us-gaap Gross Profit
GrossProfit
261273000 USD
CY2019Q3 us-gaap Gross Profit
GrossProfit
137543000 USD
us-gaap Gross Profit
GrossProfit
549901000 USD
us-gaap Gross Profit
GrossProfit
363868000 USD
CY2020Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
267842000 USD
CY2019Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
207970000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
783487000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
545054000 USD
CY2020Q3 us-gaap Interest Expense
InterestExpense
20276000 USD
CY2019Q3 us-gaap Interest Expense
InterestExpense
20990000 USD
us-gaap Interest Expense
InterestExpense
69053000 USD
us-gaap Interest Expense
InterestExpense
55953000 USD
CY2020Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
9201000 USD
CY2019Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-827000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5126000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-1760000 USD
CY2020Q3 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-17644000 USD
CY2019Q3 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-92244000 USD
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-307765000 USD
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-238899000 USD
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
76000 USD
CY2019Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-162000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-17720000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-92244000 USD
us-gaap Profit Loss
ProfitLoss
-307603000 USD
us-gaap Profit Loss
ProfitLoss
-238899000 USD
CY2020Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-10635000 USD
CY2019Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-62156000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-199801000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-165373000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
-7085000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
-30088000 USD
us-gaap Net Income Loss
NetIncomeLoss
-107802000 USD
us-gaap Net Income Loss
NetIncomeLoss
-73526000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
227428000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
-82596000 USD
CY2019Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
433000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
426000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8022000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
152847000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
-64059000 USD
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
297611000 USD
CY2019Q2 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-1000 USD
CY2020Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1058940000 USD
CY2020Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3135000 USD
CY2019Q2 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1557000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
372000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8602000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
393817000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-92244000 USD
CY2019Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
1562000 USD
CY2019Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
694000 USD
CY2019Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
10473000 USD
CY2019Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
311178000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
191939000 USD
CY2020Q1 us-gaap Profit Loss
ProfitLoss
-183557000 USD
CY2020Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
2356000 USD
CY2020Q1 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
145000 USD
CY2020Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7055000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
13226000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
-106326000 USD
cvna Common Stock Conversion Ratio
CommonStockConversionRatio
1.25
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2676000 USD
CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7700000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
973081000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-17720000 USD
CY2020Q3 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
3129000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2087000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
7257000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
961576000 USD
us-gaap Profit Loss
ProfitLoss
-307603000 USD
us-gaap Profit Loss
ProfitLoss
-238899000 USD
cvna Depreciation And Amortization Excluding Debt Issuance Costs
DepreciationAndAmortizationExcludingDebtIssuanceCosts
52076000 USD
cvna Depreciation And Amortization Excluding Debt Issuance Costs
DepreciationAndAmortizationExcludingDebtIssuanceCosts
27505000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-5708000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-1046000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
10752000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
7030000 USD
us-gaap Gain Loss On Sales Of Consumer Loans
GainLossOnSalesOfConsumerLoans
129041000 USD
us-gaap Gain Loss On Sales Of Consumer Loans
GainLossOnSalesOfConsumerLoans
99408000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
18011000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
25366000 USD
cvna Amortization And Write Off Of Debt Issuance Costs And Bond Premium
AmortizationAndWriteOffOfDebtIssuanceCostsAndBondPremium
5745000 USD
cvna Amortization And Write Off Of Debt Issuance Costs And Bond Premium
AmortizationAndWriteOffOfDebtIssuanceCostsAndBondPremium
3569000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
2492741000 USD
us-gaap Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
1877336000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
2478931000 USD
us-gaap Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
2027689000 USD
cvna Payments To Acquire Finance Receivables Operating Activities
PaymentsToAcquireFinanceReceivablesOperatingActivities
0 USD
cvna Payments To Acquire Finance Receivables Operating Activities
PaymentsToAcquireFinanceReceivablesOperatingActivities
161781000 USD
us-gaap Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
60113000 USD
us-gaap Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
54623000 USD
cvna Unrealized Gain Loss On Beneficial Interest In Securitization
UnrealizedGainLossOnBeneficialInterestInSecuritization
4021000 USD
cvna Unrealized Gain Loss On Beneficial Interest In Securitization
UnrealizedGainLossOnBeneficialInterestInSecuritization
-219000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
45575000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
27907000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
197962000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
213762000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
17743000 USD
us-gaap Increase Decrease In Other Noncurrent Assets
IncreaseDecreaseInOtherNoncurrentAssets
25755000 USD
cvna Increase Decreasein Accounts Payableand Accrued Liabilities Excluding Related Party
IncreaseDecreaseinAccountsPayableandAccruedLiabilitiesExcludingRelatedParty
112495000 USD
cvna Increase Decreasein Accounts Payableand Accrued Liabilities Excluding Related Party
IncreaseDecreaseinAccountsPayableandAccruedLiabilitiesExcludingRelatedParty
65452000 USD
cvna Operating Lease Right Of Use Assets Payments
OperatingLeaseRightOfUseAssetsPayments
18237000 USD
cvna Operating Lease Right Of Use Assets Payments
OperatingLeaseRightOfUseAssetsPayments
18896000 USD
cvna Proceeds Operating Lease Liabilities
ProceedsOperatingLeaseLiabilities
22699000 USD
cvna Proceeds Operating Lease Liabilities
ProceedsOperatingLeaseLiabilities
16952000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-311000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-382000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-446704000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-434675000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
270486000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
151380000 USD
cvna Proceeds Received From Principal Payments On Beneficial Interest In Securitizations
ProceedsReceivedFromPrincipalPaymentsOnBeneficialInterestInSecuritizations
8782000 USD
cvna Proceeds Received From Principal Payments On Beneficial Interest In Securitizations
ProceedsReceivedFromPrincipalPaymentsOnBeneficialInterestInSecuritizations
2577000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-261704000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-148803000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3425755000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3093039000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3867614000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
3133186000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
203047000 USD
us-gaap Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
367349000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
18414000 USD
us-gaap Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
11087000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11730000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
8423000 USD
cvna Proceeds From Issuance Or Sale Of Equity Excluding Stock Options
ProceedsFromIssuanceOrSaleOfEquityExcludingStockOptions
1058940000 USD
cvna Proceeds From Issuance Or Sale Of Equity Excluding Stock Options
ProceedsFromIssuanceOrSaleOfEquityExcludingStockOptions
297611000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4907000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1492000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
8619000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3552000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
786272000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
603243000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
77864000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
19765000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
118459000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88709000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
196323000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
108474000 USD
cvna Common Ownership Number Of Classes
CommonOwnershipNumberOfClasses
2 class
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2020Q3 cvna Common Unit Multiplier Used For Conversion Ratio
CommonUnitMultiplierUsedForConversionRatio
1.25
us-gaap Use Of Estimates
UseOfEstimates
Use of EstimatesThe preparation of these unaudited condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions. Certain accounting estimates involve significant judgments, assumptions and estimates by management that have a material impact on the carrying value of certain assets and liabilities, disclosures of contingent assets and liabilities and the reported amounts of revenues and expenses during the reporting period, which management considers to be critical accounting estimates. The judgments, assumptions and estimates used by management are based on historical experience, management’s experience, and other factors, which are believed to be reasonable under the circumstances. The COVID-19 pandemic has adversely impacted the global economy, as well as the Company's operations, and the extent and duration of the impacts remain unclear. Certain of the Company’s estimates, including, but not limited to, the Company’s allowance for loan losses, inventory valuations, fair value measurements, cancellation reserves, asset impairment charges, and discount rate assumptions, have been and may continue to be impacted and evolve as conditions change as a result of the COVID-19 pandemic. Because of the nature of the judgments and assumptions made by management, actual results could differ materially from these judgments and estimates, which could have a material impact on the carrying values of the Company’s assets and liabilities and the results of operations.
CY2020Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
146241000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
88795000 USD
CY2020Q3 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
800181000 USD
CY2019Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
543471000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
347000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
1389000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
1389000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
1279000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
1235000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
351000 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
0 USD
CY2020Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5990000 USD
CY2020Q3 us-gaap Interest Payable Current
InterestPayableCurrent
30167000 USD
CY2020Q3 us-gaap Accounts Payable Current
AccountsPayableCurrent
96477000 USD
CY2019Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
63576000 USD
CY2020Q3 us-gaap Taxes Payable Current
TaxesPayableCurrent
65671000 USD
CY2019Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
45812000 USD
CY2020Q3 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
31268000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
21726000 USD
CY2020Q3 cvna Accrued Property Plant And Equipment Current
AccruedPropertyPlantAndEquipmentCurrent
30439000 USD
CY2019Q4 cvna Accrued Property Plant And Equipment Current
AccruedPropertyPlantAndEquipmentCurrent
23433000 USD
CY2019Q4 us-gaap Interest Payable Current
InterestPayableCurrent
15650000 USD
CY2020Q3 cvna Reserve For Returns And Cancellations Current
ReserveForReturnsAndCancellationsCurrent
27197000 USD
CY2019Q4 cvna Reserve For Returns And Cancellations Current
ReserveForReturnsAndCancellationsCurrent
19721000 USD
CY2020Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
17541000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
6379000 USD
CY2020Q3 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
15426000 USD
CY2019Q4 us-gaap Accrued Advertising Current
AccruedAdvertisingCurrent
11403000 USD
CY2020Q3 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
41690000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
26743000 USD
CY2020Q3 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
355876000 USD
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
234443000 USD
cvna Transfer Of Financial Assets Accounted For As Sales Number Of Agreement Types
TransferOfFinancialAssetsAccountedForAsSalesNumberOfAgreementTypes
2 agreementType
CY2017Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000.0 shares
cvna Net Income Loss Attributable To Noncontrolling Interest Prior To The Completion Of Organizational Transactions And Ipo
NetIncomeLossAttributableToNoncontrollingInterestPriorToTheCompletionOfOrganizationalTransactionsAndIPO
-165373000 USD
cvna Noncontrolling Interest Increase As A Result Of Exchanges Of Llc Units
NoncontrollingInterestIncreaseAsAResultOfExchangesOfLLCUnits
6845000 USD
cvna Noncontrolling Interest Increase As A Result Of Exchanges Of Llc Units
NoncontrollingInterestIncreaseAsAResultOfExchangesOfLLCUnits
4666000 USD
cvna Noncontrolling Interest Increase Decrease In Additional Paid In Capital As A Result Of Adjustments To The Noncontrolling Interests And Organizational Transactions
NoncontrollingInterestIncreaseDecreaseInAdditionalPaidInCapitalAsAResultOfAdjustmentsToTheNoncontrollingInterestsAndOrganizationalTransactions
-637041000 USD
cvna Noncontrolling Interest Increase Decrease In Additional Paid In Capital As A Result Of Adjustments To The Noncontrolling Interests And Organizational Transactions
NoncontrollingInterestIncreaseDecreaseInAdditionalPaidInCapitalAsAResultOfAdjustmentsToTheNoncontrollingInterestsAndOrganizationalTransactions
-196349000 USD
CY2020Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
7257000 USD
CY2019Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
10473000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
22012000 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
27097000 USD
CY2020Q3 cvna Net Income Loss Available To Common Stockholders Including Prior To Completion Of Organizational Transactions And Ipo Adjustment Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersIncludingPriorToCompletionOfOrganizationalTransactionsAndIPOAdjustmentBasicAndDiluted
-7085000 USD
CY2019Q3 cvna Net Income Loss Available To Common Stockholders Including Prior To Completion Of Organizational Transactions And Ipo Adjustment Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersIncludingPriorToCompletionOfOrganizationalTransactionsAndIPOAdjustmentBasicAndDiluted
-30088000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
5761000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
7797000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
17823000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21707000 USD
CY2020Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
66400000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y9M18D
CY2020Q3 us-gaap Profit Loss
ProfitLoss
-17720000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
-92244000 USD
us-gaap Profit Loss
ProfitLoss
-307603000 USD
us-gaap Profit Loss
ProfitLoss
-238899000 USD
CY2020Q3 cvna Net Income Loss Attributable To Noncontrolling Interest Prior To The Completion Of Organizational Transactions And Ipo
NetIncomeLossAttributableToNoncontrollingInterestPriorToTheCompletionOfOrganizationalTransactionsAndIPO
-10635000 USD
CY2019Q3 cvna Net Income Loss Attributable To Noncontrolling Interest Prior To The Completion Of Organizational Transactions And Ipo
NetIncomeLossAttributableToNoncontrollingInterestPriorToTheCompletionOfOrganizationalTransactionsAndIPO
-62156000 USD
cvna Net Income Loss Attributable To Noncontrolling Interest Prior To The Completion Of Organizational Transactions And Ipo
NetIncomeLossAttributableToNoncontrollingInterestPriorToTheCompletionOfOrganizationalTransactionsAndIPO
-199801000 USD
cvna Net Income Loss Available To Common Stockholders Including Prior To Completion Of Organizational Transactions And Ipo Adjustment Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersIncludingPriorToCompletionOfOrganizationalTransactionsAndIPOAdjustmentBasicAndDiluted
-107802000 USD
cvna Net Income Loss Available To Common Stockholders Including Prior To Completion Of Organizational Transactions And Ipo Adjustment Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersIncludingPriorToCompletionOfOrganizationalTransactionsAndIPOAdjustmentBasicAndDiluted
-73526000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2020Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
0 USD
CY2020Q3 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Reserves
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsReserves
0 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.004
CY2019Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.000
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.001
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.000
CY2020Q3 cvna Deferred Tax Liability Not Recognized Tax Receivable Agreement
DeferredTaxLiabilityNotRecognizedTaxReceivableAgreement
238500000 USD
cvna Lessee Operating Lease Number Of Renewal Options
LesseeOperatingLeaseNumberOfRenewalOptions
1 renewal_option
CY2020Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
4239000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
2222000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
11685000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
5477000 USD
CY2020Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
911000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
547000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
2604000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1392000 USD
CY2020Q3 cvna Finance Lease Cost
FinanceLeaseCost
5150000 USD
CY2019Q3 cvna Finance Lease Cost
FinanceLeaseCost
2769000 USD
cvna Finance Lease Cost
FinanceLeaseCost
14289000 USD
cvna Finance Lease Cost
FinanceLeaseCost
6869000 USD
CY2020Q3 cvna Fixed Lease Cost
FixedLeaseCost
7325000 USD
CY2019Q3 cvna Fixed Lease Cost
FixedLeaseCost
3487000 USD
cvna Fixed Lease Cost
FixedLeaseCost
20330000 USD
cvna Fixed Lease Cost
FixedLeaseCost
8759000 USD
CY2020Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
10286000 USD
CY2019Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
5726000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
27813000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
15513000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
12264000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
6147000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
2604000 USD
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1392000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
12860000 USD
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5581000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
5799000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
5476000 USD
CY2020Q3 cvna Lessee Operating And Finance Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingAndFinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
11275000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
21395000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
24351000 USD
CY2020Q3 cvna Lessee Operating And Finance Lease Liability Payments Due Year One
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearOne
45746000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
20320000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
22808000 USD
CY2020Q3 cvna Lessee Operating And Finance Lease Liability Payments Due Year Two
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearTwo
43128000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
19119000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
20635000 USD
CY2020Q3 cvna Lessee Operating And Finance Lease Liability Payments Due Year Three
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearThree
39754000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
11801000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
17485000 USD
CY2020Q3 cvna Lessee Operating And Finance Lease Liability Payments Due Year Four
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueYearFour
29286000 USD
CY2020Q3 cvna Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
5416000 USD
CY2020Q3 cvna Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
154869000 USD
CY2020Q3 cvna Lessee Operating And Finance Lease Liability Payments Due After Year Four
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueAfterYearFour
160285000 USD
CY2020Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
83850000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
245624000 USD
CY2020Q3 cvna Lessee Operating And Finance Lease Liability Payments Due Total
LesseeOperatingAndFinanceLeaseLiabilityPaymentsDueTotal
329474000 USD
CY2020Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
8409000 USD
CY2020Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
93998000 USD
CY2020Q3 cvna Lessee Operating And Finance Lease Liability Undiscounted Excess Amount
LesseeOperatingAndFinanceLeaseLiabilityUndiscountedExcessAmount
102407000 USD
CY2020Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
75441000 USD
CY2020Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
151626000 USD
CY2020Q3 cvna Operating And Finance Lease Liability
OperatingAndFinanceLeaseLiability
227067000 USD
CY2020Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y7M6D
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y4M24D
CY2020Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y3M18D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y6M
CY2020Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.083
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.087
CY2020Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.053
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.055
cvna Standard Product Warranty Period
StandardProductWarrantyPeriod
P100D
cvna Standard Product Warranty Number Of Miles
StandardProductWarrantyNumberOfMiles
4189 mi
CY2020Q3 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
8200000 USD
CY2019Q4 us-gaap Standard Product Warranty Accrual
StandardProductWarrantyAccrual
3700000 USD
us-gaap Interest Paid Net
InterestPaidNet
55300000 USD
us-gaap Interest Paid Net
InterestPaidNet
36930000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
34161000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
14983000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
36860000 USD
us-gaap Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
24253000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
51934000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
27059000 USD
cvna Equity Based Compensation Capitalized To Property And Equipment
EquityBasedCompensationCapitalizedToPropertyAndEquipment
4001000 USD
cvna Equity Based Compensation Capitalized To Property And Equipment
EquityBasedCompensationCapitalizedToPropertyAndEquipment
1731000 USD
cvna Variable Interest Entity Nonconsolidated Fair Value Received Assets
VariableInterestEntityNonconsolidatedFairValueReceivedAssets
39578000 USD
cvna Variable Interest Entity Nonconsolidated Fair Value Received Assets
VariableInterestEntityNonconsolidatedFairValueReceivedAssets
80072000 USD
cvna Variable Interest Entity Nonconsolidated Reductions In Securitizations And Associated Long Term Debt
VariableInterestEntityNonconsolidatedReductionsInSecuritizationsAndAssociatedLongTermDebt
21463000 USD
cvna Variable Interest Entity Nonconsolidated Reductions In Securitizations And Associated Long Term Debt
VariableInterestEntityNonconsolidatedReductionsInSecuritizationsAndAssociatedLongTermDebt
1444000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
2188000 USD
us-gaap Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
0 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
173704000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
76016000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
94943000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
78861000 USD
CY2020Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
22619000 USD
CY2019Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
42443000 USD
CY2019Q3 us-gaap Restricted Cash Current
RestrictedCashCurrent
13531000 USD
CY2018Q4 us-gaap Restricted Cash Current
RestrictedCashCurrent
9848000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
196323000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
196323000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
118459000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
108474000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
88709000 USD

Files In Submission

Name View Source Status
0001690820-20-000265-index-headers.html Edgar Link pending
0001690820-20-000265-index.html Edgar Link pending
0001690820-20-000265.txt Edgar Link pending
0001690820-20-000265-xbrl.zip Edgar Link pending
cvna-20200930.htm Edgar Link pending
cvna-20200930.xsd Edgar Link pending
cvna-20200930_cal.xml Edgar Link unprocessable
cvna-20200930_def.xml Edgar Link unprocessable
cvna-20200930_htm.xml Edgar Link completed
cvna-20200930_lab.xml Edgar Link unprocessable
cvna-20200930_pre.xml Edgar Link unprocessable
ex311q32020.htm Edgar Link pending
ex312q32020.htm Edgar Link pending
ex321q32020.htm Edgar Link pending
ex322q32020.htm Edgar Link pending
exhibit101secondamendm.htm Edgar Link pending
exhibit102twelfthamend.htm Edgar Link pending
exhibit103secondamendm.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R74.htm Edgar Link pending
R75.htm Edgar Link pending
R76.htm Edgar Link pending
R77.htm Edgar Link pending
R78.htm Edgar Link pending
R79.htm Edgar Link pending
R8.htm Edgar Link pending
R80.htm Edgar Link pending
R81.htm Edgar Link pending
R82.htm Edgar Link pending
R83.htm Edgar Link pending
R84.htm Edgar Link pending
R85.htm Edgar Link pending
R86.htm Edgar Link pending
R87.htm Edgar Link pending
R88.htm Edgar Link pending
R89.htm Edgar Link pending
R9.htm Edgar Link pending
R90.htm Edgar Link pending
R91.htm Edgar Link pending
R92.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending
srheader1a.jpg Edgar Link pending