Revenue segments as reported by the company.

Used Vehicle Sales

Wholesale Vehicle Sales

Other Revenues

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

SG&A

Interest Expense

Other Expense

Goodwill impairment

Gain on debt extinguishment

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Carvana

Carvana Co. is a holding company and an eCommerce platform, engages in the buying of used cars and provision of different and convenient car buying experiences. It operates through the following segments: Vehicle Sales, Wholesale Vehicle Sales, and Other Sales and Revenue. The Vehicle Sales segment consists of used vehicle sales to customers through its website. The Wholesale Vehicle Sales segment consists of the proceeds from vehicles sold to wholesalers. The Other Sales and Revenue segment consists of sales of automotive finance receivables originated and sold to third parties. The company was founded by Ernest Garcia, III, Benjamin Huston and Ryan Keeton in 2012 and is headquartered in Tempe, AZ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Carvana tackles challenges, focuses on profitability and operational efficiency

Carvana is navigating challenges from supply chain disruptions and rising interest rates while focusing on reducing expenses, improving operational efficiency, and achieving profitability. The company's performance in Q4 2022 was impacted by unique items, but they have a strategic plan in place to drive financial progress and leverage opportunities for growth.

Carvana focuses on profitability, eyes positive Q2 EBITDA growth

Carvana's Q1 2023 performance showcased a shift towards profitability and operational efficiency.
Despite challenges in retail units sold and revenue, the company is poised for positive adjusted EBITDA in Q2.
Strengths in cost reduction, sourcing improvements, and liquidity position Carvana for future growth.
Opportunities in backlog receivables, loan sales, and market share expansion offer avenues for continued success.

Carvana excels in Q2 with record GPU and debt reduction

Carvana's strong Q2 performance showcased positive adjusted EBITDA, record GPU, and successful expense reduction. Despite market challenges, the company remains focused on profitability, operational efficiency, and growth plans.

Carvana reports strong Q3 earnings, eyes profitable growth opportunities

Carvana's strategic plan focuses on operational efficiency before growth, aiming for positive adjusted EBITDA and total GPU above 5,000. The company remains optimistic about becoming the largest and most profitable auto retailer.

Carvana reports record-breaking Q4 earnings, eyes growth opportunities in 2024

Carvana's exceptional financial performance in 2023 continued into Q4, with record GPU and adjusted EBITDA. Despite challenges in retail unit sales and revenue decline, the company remains optimistic about growth opportunities and efficiency gains. With a focus on balancing efficiency and growth, Carvana is poised for continued success in 2024.

Carvana achieves record profitability in Q1 2024 earnings call

Carvana's Q1 2024 performance reflects strong financial metrics, operational efficiency, and customer-centric strategies.
The company's focus on scalability, efficiency gains, and technology-driven improvements positions it for sustainable growth.
While challenges and competition persist, Carvana's emphasis on customer experience and financial discipline bodes well for future success.
With a solid foundation and strategic initiatives in place, Carvana is poised to capitalize on growth opportunities and enhance profitability.

Carvana excels in Q2, eyes market expansion and customer-centric strategies

Carvana's landmark Q2 solidified its lead as a fast-growing and profitable automotive retailer. The company's focus on customer experience, growth, and long-term vision of becoming the largest in the industry remains unwavering.

Carvana achieves record-breaking Q3 results and plans for growth

Carvana's Q3 performance was outstanding, setting new records and surpassing expectations.
While facing challenges like increased advertising spend, the company is well-positioned for growth.
Continued focus on operational excellence and customer satisfaction will drive future success.

Revenue

Cost of revenue

Gross profit

Operating expenses

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Carvana Co. is a holding company and an eCommerce platform, which engages in the buying and selling of used cars. The company was founded by Ernest Garcia, III, Benjamin Huston and Ryan Keeton in 2012 and is headquartered in Tempe, AZ.

Boeing

Tesla

The current state of the U.S. economy is somewhat optimistic yet still filled with uncertainties and risks, making it an excellent moment to uncover overvalued stocks to sell. On one hand, cautious optimism is supported by the Federal Reserve's projected rate cut, which might lead to more accommodating financial conditions later in the year.

July 2024 Sell Alert: 3 Overvalued Stocks to Offload Now

Online car marketplace Carvana has introduced new features for buying and selling electric vehicles (EVs). The company says its new streamlined process highlights vehicles qualifying for the Clean Vehicle Tax Credit in the search experience and lets eligible customers apply the up to $4,000 in savings from the credit at checkout.

Carvana Adds New Features for Buying and Selling EVs

As Carvana Inc.'s stock continues its meteoric rise, the company's high-yield bonds have seen net selling on strong volumes over the last two weeks, as bondholders balked at their high prices.

While Carvana's stock is soaring, bondholders see a good time to exit

Carvana (CVNA) shares sped higher Wednesday after analysts at Needham upgraded its stock and the company unveiled new features for buying electric vehicles (EVs).

Carvana Stock Rises After Needham Upgrade, New EV Shopping Features

A single analyst's upgrade can excite a market; a trend of upgrades can lift it, which is lifting Carvana NYSE: CVNA—a trend in upgrades signaling a shift in sentiment and a sustainable rally for this stock. The upgrade trend is strong enough to put CVNA on MarketBeat's list of Most Upgraded Stocks, which is significant because Carvana has been prominent on the list of Lowest Rated Stocks for many quarters.

This Stock's Price Shifts Into High Gear With Analyst Upgrades

Carvana Co (NYSE:CVNA) stock is 7.4% higher to trade at $135 at last look, after Needham upgraded the shares to "buy" from "hold.

Analyst: Carvana Stock a "Profitable Secular Growth Story"

Carvana Co (NYSE: CVNA) has tripled since the start of 2024 but a Needham analyst is convinced it's not out of room to run just yet.  Chris Pierce upgraded shares of the used car retailer this morning to “buy”.

Carvana stock has tripled in 2024: Needham analyst sees further upside

Shares of Carvana Co CVNA spiked in premarket trading on Wednesday, after the company launched a new shopping experience.

Carvana Is A 'Secular Growth Story With A Cyclical Recovery Kicker,' Says Bullish Analyst

Now, it's a $25 billion company, and Needham analyst Chris Pierce is feeling upbeat about its potential to get even bigger.

Carvana's stock is up 2,700% over 18 months. Here's the case for more upside.

Wednesday, online car seller Carvana launched tools to make it easier for used-car buyers to get federal tax credits when purchasing electric vehicles.

Carvana EV Tax Credits Are Easier to Get. The Stock Is Up.

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced the launch of new features that make shopping for and buying a used electric vehicle (EV) or plug-in hybrid (PHEV) easier and more accessible for its customers. The streamlined process highlights vehicles that qualify for the Clean Vehicle Tax Credit in the search experience and allows eligible customers to apply the up to $4,000 in savings from the credit at checkout. “C.

Carvana Launches Streamlined Shopping and Checkout Experience for Used EV Buyers

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CVNA, AL and TRDA made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 9, 2024.

Best Momentum Stocks to Buy for July 9th

With Carvana (CVNA) witnessing triple-digit percentage growth year to date, don't get enticed to cash out gains.

Carvana (CVNA) Jumps 130% YTD: What Should Investors Do Now?

American Public Education

CVNA, TRDA, BMBL, APEI and AL have been added to the Zacks Rank #1 (Strong Buy) List on July 9, 2024.

New Strong Buy Stocks for July 9th

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The auto sector is currently enjoying a very bullish period. This year has been very profitable for the industry, as seen by the rise in sales of auto and electric vehicles.

The 3 Best Auto Stocks to Buy In July 2024

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its second quarter 2024 financial results for the period ended June 30, 2024, after the market closes on Wednesday, July 31, 2024. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. What: Carvana Second Quarter 2024 Financial Results Conference Cal.

Carvana to Report Second Quarter 2024 Results and Host Quarterly Conference Call on July 31

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When stock markets reach record highs, concerns about potential price bubbles naturally arise. While upward trends may still continue in some cases, several stocks could become overvalued and due for a correction or retreat.

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SoFi Technologies

Williams-Sonoma

The market cycle affects more than just stocks and sectors. As investors know, during economic booms, consumer discretionary stocks tend to outperform all others, especially the ‘boring' consumer staples names.

Top 3 High Beta Stocks to Watch in a Low VIX Market

Apple

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This year's furious rally in technology and megacap stocks is set to leave its mark on Friday when FTSE Russell carries out its latest annual index reconstitution.

Tech's dominance of Russell 1000 will hit record levels after latest reconstitution

Carvana (NYSE: CVNA) stock price bull run is showing no signs of slowing down as the company continues to gain market share in the industry. It has soared by 141% this year and by over 445% in the past 12 months.

No end in sight for the Carvana stock price surge

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, hosted institutional investors and analysts for a tour of its Rocklin, CA Inspection and Reconditioning Center (IRC) on Tuesday, June 25, 2024. The event provided an in-depth look at the proprietary technology, processes and infrastructure underlying Carvana's reconditioning and fulfillment operations. Summarizing the event, J.P. Morgan wrote, "We believe CVNA's competitive moat.

Carvana Showcases Proprietary Technology and Infrastructure Supporting Efficient, Scalable Operations During Investor Tour

Carvana Co (NYSE: CVNA) has roughly tripled this year but a JPMorgan analyst remains convinced it's not out of room to run just yet.  We come away from CVNA's Rocklin, CA, IRC tour with higher conviction in our above consensus EBITDA.

Carvana stock has tripled in 2024: but is it done rallying yet?

Carvana (CVNA) concluded the recent trading session at $126.60, signifying a -1.54% move from its prior day's close.

Carvana (CVNA) Stock Falls Amid Market Uptick: What Investors Need to Know

RICHMOND, Va.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to select residents of the greater Richmond, Virginia area. Now Richmond area customers can take delivery of a vehicle as soon as the same day they place an order on Carvana.com, and select customers interested in selling their current vehicle to Carvana can also benefit from same day drop-off. “We live two hours away in a.

News for Carvana Stock (CVNA)