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.

C3.ai

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Fisker Inc

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The number of shorted shares has grown 23% since the end of 2020, but that doesn't mean traders are getting more bearish about the market.

Short Sellers Think These Stocks Will Tank in 2024. Investors Can Bet Otherwise.

GameStop

Nikola

Rivian Automotive

Terawulf

As a critical mass of risk-hungry traders now believe “the coast is clear,” now may be the perfect time to consider which meme stocks to short. What do I mean by “the coast is clear?

Smart Shorts: 7 Meme Stocks to Bet Against in 2024

Soleno Therapeutics

No, it isn't related to artificial intelligence — although shares of AI-linked chip maker Nvidia Corp. NVDA, +0.16% have surged more than 200% thus far on the year.

The best-performing stock of the year rose nearly 10-fold, while the second-best averted disaster to surge 1,000% in a wild 2023

Dollar General

Enphase Energy

Moderna

NVIDIA

Palantir Technologies

Riot Blockchain

A 2023 stock market recap is a tale of highs and lows. We entered the year after a Fed tightening cycle proved restrictive but seemingly unsuccessful as inflation continued while rates rose.

The Winners and Losers: 2023 Stock Market Performance Review

Carrols Restaurant Group

Carvana and Carrols dropped to extraordinarily low valuations as investors questioned their futures. Market perceptions radically improved for both companies in 2023, sending the stocks soaring.

Carvana and Carrols Were 2 of the Biggest Winners in 2023, Up Over 1,100% and Over 400%, Respectively. Here Are 3 Stocks With Similar Setups for 2024.

This year's top-performing stock was not one of the big technology firms driving much of the discussion about 2023's stock market recovery, but instead was Carvana, a used car hawker which flirted with bankruptcy—though shares of this year's gold medalist remain significantly below their pandemic peak.

The Best Performing U.S. Stock Of 2023 Was Left For Dead After The Pandemic

Carvana (NYSE: CVNA) stock price has retreated in the past few days as investors start to take profits after a remarkable year. The shares dropped to a low of $54.10 on Tuesday, a few points below the year-to-date high of $62.

Carvana (CVNA) stock price forecast 2024: buy, sell, hold?

Affirm

As the overall market edges closer to its all-time high, with the SPDR S&P 500 ETF Trust NYSE: SPY trading at its 52-week high, highly shorted, previously beaten-down stocks have been a significant theme and area of focus for investors and traders.

Will these 3 heavily shorted stocks keep squeezing?

Taiwan Semiconductor Manufacturing

In the dynamic world of stock markets, investors seek opportunities to capitalize on market movements. Indeed, one approach that has become popular is the short squeeze strategy, known to yield returns for investors in a short span, with retailer GameStop (NYSE: GME) being a perfect example.

Short squeeze alert: 2 stocks which could rocket in January

1,160%. That's how much shares of used car retailer Carvana (NYSE: CVNA) skyrocketed in 2023 – from $4.6 to $58.2 at the time of publication on December 21.

Carvana stock facing potential short squeeze as rare pattern emerges

Peloton

Peloton's turnaround is stalling as the company struggles with subscriber losses. HP doesn't have much of a growth story.

3 Stocks I'm Avoiding in 2024

CarGurus

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Ralph Lauren

Have you noticed how most businesses, namely retail and car dealerships, like Ralph Lauren NYSE: RL and Carvana NYSE: CVNA, have been upping their email marketing campaigns to include company-wide discounts and promotions to get their inventories moving? There's a reason behind priming customers like yourself for a sales spree.

Last chance to prepare your portfolio for tax season

Applied Optoelectronics

2023 proved to be a wild year, as many investors' top-performing stocks quickly swirled down the drain amid higher interest rates and tightened economic conditions. But, against all odds, the market outlook improved rapidly in early fall before kicking off an early start to the Santa rally.

3 Stock Winners That Are Up 500% or More in 2023

Tupperware

The investment landscape has been abuzz with the trend of meme stocks, a phenomenon ushered in by the remarkable and dramatic rise in GameStop's (NYSE: GME ) stock in 2021. Driven by social media enthusiasm, these stocks experience rapid volatility that reinforces the importance of knowing which meme stocks to sell.

3 Meme Stocks I Wouldn't Touch With a 10-Foot Pole

CHICAGO--(BUSINESS WIRE)--Chicago Fire FC and Carvana, an industry pioneer for buying and selling used vehicles online, today announced a multi-year agreement exclusively naming Carvana the Official Online Auto Retailer and the Presenting Partner of Chicago Fire FC Regular Season. Carvana will become the Club's Front of Kit Partner with its logo appearing across the front of Chicago Fire First Team, MLS Next Pro (Chicago Fire II), and Chicago Fire Academy home and away jerseys for all preseason.

Chicago Fire FC Kicks Off Multi-Year Partnership with Carvana as Official Online Auto Retailer and Front of Kit Sponsor

Invesco QQQ

Super Micro Computer

Snowflake

Did you know that December is higher more often than any other month? That's right.

Want to Play the "Santa Claus" Rally? Buy these 3 Stocks

COLUMBUS, Ohio--(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 Columbus and Cincinnati area residents. Now Central and Southwest Ohio area residents can receive their vehicle within hours of placing an order on Carvana.com. Select customers interested in selling their current vehicles to Carvana can also benefit from same day drop-off at specific locations throughout the state. Car.

Carvana Launches Same Day Vehicle Delivery Offering to Columbus and Cincinnati Area Residents

Despite recent market softness, I maintain a cautiously optimistic stance on Carvana's potential for stability and growth. I'm anticipating over $400 million in free cash flow by 2024, signaling a positive shift in the company's financial trajectory. While recognizing the company's darkest days are likely behind, the persisting challenges, especially on the balance sheet, emphasize the need for a vigilant approach.

Carvana's Controversial Journey: Why I'm Still Bullish

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to five classes of notes (eight tranches) issued by Carvana Auto Receivables Trust 2023-P5 (“CRVNA 2023-P5”), a prime auto loan ABS transaction. The transaction has initial hard credit enhancement levels ranging from 8.05% for the Class A notes to 0.50% for the Class D notes and 0.30% for the Class N notes. Credit enhancement consists of overcollateralization, excess spread, subordination (except for the Class D and Class N notes) and.

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2023-P5

PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars, announces the multi-year extension of its partnership with Phoenix Rising FC. The renewal marks another chapter in the dynamic collaboration between the two Valley-based entities. "I am thrilled to once again be extending our partnership with Carvana," said Phoenix Rising FC President, Bobby Dulle. "Carvana's continued support since 2018 has helped propel this franchise to the top of the USL Championship wi.

Carvana and Phoenix Rising FC Ink Multi-Year Commitment, Extending Their Winning Streak for a Seventh Season and Beyond

If there's one stock that's kept investors on their toes in recent years, it's Carvana Co NYSE: CVNA. A 1,500% rally through August 2021 quickly turned into a 98% drop by the start of this year.

Carvana just had a bear call removed - is this buy time?

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, hosted institutional investors and analysts for a tour of its Haines City, Florida Inspection and Reconditioning Center (IRC) on Thursday, November 30, 2023. The event provided a real-time look at the company's operational efficiency gains, proprietary technologies, and capacity for future growth. Members of Carvana's leadership team shared an overview of the facility's operations.

Carvana Demonstrates Operational Efficiency, Process Scalability, and Capacity for Growth During Investor Tour

Shares of Carvana (CVNA) soared after positive comments about the online used car retailer from analysts at J.P. Morgan.

Carvana Shares Soar After Positive Comments From J.P. Morgan

Carvana (NYSE: CVNA ) stock is rising higher on Monday after the used-car retailer got a new rating from JPMorgan analyst Rajat Gupta. The JPMorgan analyst upgraded shares of CVNA stock from an “underweight” rating to a “neutral” rating.

Why Is Carvana (CVNA) Stock Up Today?

J.P. Morgan analysts lifted their rating on the used-car retailer to Neutral from Underweight.

News for Carvana Stock (CVNA)