The latest data point for CVNA's net income in Q4'25 shows a strong performance of $857M USD, marking a significant quarterly profit and the highest value in the observed period from Q1'23 to Q4'25. Over the timeframe, net income exhibited high volatility with initial losses in Q1'23 (-$160M USD) and Q2'23 (-$58M USD), followed by a sharp turnaround to a $782M USD gain in Q3'23, before fluctuating between modest profits and dips, such as -$114M USD in Q4'23. From Q1'24 onward, the trend stabilized and trended upward, achieving consistent positive results culminating in Q4'25, while year-over-year growth rates were predominantly positive and accelerating, peaking at 9.85% in Q4'25 after notable spikes like 9.17% in Q2'25, underscoring improving profitability despite earlier inconsistencies. ## Analysis Notes - **Data Integrity**: All points are complete with no missing values, allowing for robust trend identification. - **Key Insights**: The bar chart for net income highlights absolute value shifts, while the overlaid line for YoY % reveals growth momentum, with an overall shift from net losses to sustained gains post-Q3'23. - **Formatting**: Values compressed per guidelines (e.g., 857000000 -> $857M USD); fiscal labels used exclusively without calendar dates.