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.

Despite digital focus, Carvana may resemble the brick-and-mortar burger giant in key ways.

Carvana Takes Strategic Lessons From A Dow Retail Giant Not Named Amazon

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the fastest-growing used car retailer and industry pioneer for buying and selling used cars online, today announced that as of Q3 2024, it has sold more than 2 million cars to and purchased more than 2 million cars from customers since the company's founding in 2013. In celebration of the customers driving this progress, Carvana shared a report with insights from its first 4 million cars bought and sold. “Carvana's mission has always been to chang.

Carvana Celebrates More Than 4 Million Cars Bought and Sold

In the closing of the recent trading day, Carvana (CVNA) stood at $176.95, denoting a +0.65% change from the preceding trading day.

Carvana (CVNA) Beats Stock Market Upswing: What Investors Need to Know

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its third quarter 2024 financial results for the period ended September 30, 2024, after the market closes on Wednesday, October 30, 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 Third Quarter 2024 Financial Results Conferen.

Carvana to Report Third Quarter 2024 Results and Host Quarterly Conference Call on October 30

Affirm

Upstart Holdings

In recent years, high short-interest stocks have become the playground for retail traders and investors, leading to massive rallies and squeezes. These speculative names, driven by a combination of social media buzz and perceived market inefficiencies, showcase extreme volatility, providing traders with an opportunity to profit from short squeezes.

Watch These 3 Former Short-Squeeze Stocks for a Big Rally

KANSAS CITY, Mo.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery offering to the greater Kansas City, Missouri area. Select Kansas City area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com. "I wasn't anticipating I'd be able to get my car the same day,” says Carvana customer Savannah E., who took advantage of the new.

Carvana Brings Same Day Delivery to Kansas City

Carvana Co. CVNA is one of the best-performing retail stocks in 2024, up more than 230% as markets closed on September 24, 2024. This continues a run that started in late 2023 that has sent the stock up by more than 317%.

Analysts Weigh In: How Will Lower Rates Impact Carvana Stock?

Here is how Carvana (CVNA) and JD.com, Inc. (JD) have performed compared to their sector so far this year.

Are Retail-Wholesale Stocks Lagging Carvana (CVNA) This Year?

Groupon

JD.com

The eCommerce industry looks set to soar, as both companies and consumers harness the benefits of digital technology. Our picks are GRPN, JD and CVNA.

Ecommerce Industry on Fire Ahead of Holiday Season: 3 Stocks

Carvana has made strides in turning around operations, generating positive net earnings for the last two quarters. GPUs have strengthened with the use of operational leverage. Despite macroeconomic headwinds, easing rates and lower gasoline prices may improve financing rates and ownership costs, supporting CVNA's growth. Management's focus on maintaining SG&A levels and scaling operational leverage has significantly improved margins, with SG&A as a percentage of revenue declining to 11%.

Carvana's Growth Story May Be Muted By Macroeconomic Forces

Carvana has been a stronger performer this year. The stock has rebounded as its unit sales and gross profits per vehicle sold have risen.

Carvana Stock Is Up 228% on the Year, but a New Red Flag Just Emerged

In the closing of the recent trading day, Carvana (CVNA) stood at $173.85, denoting a +1.82% change from the preceding trading day.

Carvana (CVNA) Increases Despite Market Slip: Here's What You Need to Know

Carvana (CVNA) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Carvana (CVNA): Will It Gain?

Does Carvana (CVNA) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why Carvana (CVNA) is a Great Choice

If you invested $1,000 in Carvana Co (NASDAQ: CVNA) at the beginning of 2023, your investment would now be worth an astonishing $35,000. This remarkable surge in value has propelled Carvana, an online used car retailer, ahead of AI giant Nvidia Corp, which has seen a gain of only 750% over the same period.

Carvana stock soars: $1,000 investment in early 2023 now worth $35,000

Carvana (CVNA) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Why You Shouldn't Bet Against Carvana (CVNA) Stock

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Lower rates could lead to improved borrowing terms for car buyers. If the Fed can spur the economy with cuts it would be a boon to demand.

Why Auto Stocks Surged This Week

Carvana survived a bankruptcy threat, but are shares still a good buy?

Up 440% in a Year, Will Carvana Continue Its Hot Streak?

BofA Securities analyst Michael McGovern reinstated coverage on Carvana Co. CVNA with a Buy rating and a price target of $185.

Used Car Seller Carvana On Road To $15B Revenue By 2025 As Unit Growth Accelerates: BofA

BofA sees 20% upside for Carvana's stock.

Here's why BofA took another look at Carvana, and liked what it saw

PHOENIX--(BUSINESS WIRE)--Start your engines, racing fans! Carvana, the pioneer for buying and selling used cars online, is thrilled to announce the launch of a contest in partnership with LEGACY MOTOR CLUB that gives fans the opportunity to design the paint scheme for Jimmie Johnson's No. 84 Toyota at the upcoming NASCAR Xfinity Series Championship at Phoenix Raceway. “At Carvana, we believe in putting our customers in the driver's seat, and we are excited to engage the community and celebrate.

Carvana, Jimmie Johnson Offer Chance to Draw Outside the Finish Lines and Create Jimmie Johnson's Next Race Car Look

With continued improvements in its financial metrics, CVNA's story is far from over. But caution is advised while taking new positions in the stock at this time.

Carvana Adds Over $10B to Market Cap in 2024: Too Late to Buy Stock?

PHOENIX--(BUSINESS WIRE)--Carvana, the leading e-commerce platform for buying and selling used cars, and the Professional Pickleball Association (PPA) are excited to announce the “Road to the Finals” sweepstakes, offering fans a chance to win one of two vehicles and a trip to the CIBC PPA Finals in San Clemente, CA. The sweepstakes will span the final five tournaments of 2024, running from September 30th through November 15th. Stratusphere Gin Virginia Beach Cup: September 30 - October 6 Rate C.

Carvana and PPA Tour Offer Pickleball Fans a Chance to Win Big During "Road to the Finals"

PORTLAND, Ore.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery offering to the greater Portland, Oregon area. Select Portland area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com. “My wife and I are both teachers, and we only have one car,” shared Carvana customer Wesley Y. “When our car started having issues, we rel.

Carvana Brings Same Day Delivery to Portland

HOUSTON--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its second auction and reconditioning ‘Megasite' integration in Houston. With this transition, Carvana will establish Inspection and Reconditioning Center (IRC) capabilities at its existing ADESA Houston wholesale auction site while maintaining all digital and in-lane auction operations. This location will anchor the growth of Carvana's retail and wholesale operations.

News for Carvana Stock (CVNA)