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.

Carvana (CVNA) shares continued their slide Friday after short-selling firm Hindenburg Research declared a short position in the company, but JPMorgan analysts stuck with their "overweight" call on the used-car retailer.

JPMorgan Sticks With Outperform Call on Carvana Despite Short-Seller Report

J.P. Morgan says its own deep dives on Carvana have not uncovered “any red flags.”

Here are the reasons not to worry too much about short-seller report on Carvana, according to these analysts

NEW YORK, NY / ACCESSWIRE / January 3, 2025 / Levi & Korsinsky notifies investors that it has commenced an investigation of Carvana Co. ("Carvana Co.") (NYSE:CVNA) concerning possible violations of federal securities laws. On January 2, 2025, Carvana became the subject of a report published by Hindenburg Research.

ATTENTION CVNA SHAREHOLDERS: Investors who Lost Money on Carvana Co. are Urged to Contact Levi & Korsinsky About an Ongoing Investigation

LOS ANGELES, CA / ACCESSWIRE / January 3, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Carvana Co. ("Carvana" or "the Company") (NYSE:CVNA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

Carvana Co Is Being Investigated For Securities Law Violations And Affected Investors Are Urged To Contact The Schall Law Firm

Polarizing activist short-seller Hindenburg Research—known for its bombshell reports alleging corporate fraud and other malfeasance by companies including Nikola Corp. NASDAQ: NKLA and India's Adani Group—published on January 2, 2025, an article about its latest target: Carvana Co. NYSE: CVNA.

Hindenburg Short Report Slams Carvana Over Alleged 'Grift'

Levi & Korsinsky Reminds Shareholders of an Investigation into Carvana Co. (CVNA) Regarding Potential Securities Fraud Allegations

NEW YORK CITY, NY / ACCESSWIRE / January 3, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Carvana Co. ("Carvana" or "the Company") (NYSE:CVNA). Investors who purchased Carvana securities are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CVNA.

Bronstein, Gewirtz & Grossman, LLC Encourages Carvana Co. (CVNA) Investors to Inquire about Securities Investigation

Wall Street came to the used-car retailer's defense Friday after it was subject to a short seller attack.

Carvana Stock Falls. JPMorgan, Others Defend Used-Car Retailer From Short Report.

Carvana Co. CVNA has been a rollercoaster for investors, with a jaw-dropping 327% rally over the past year overshadowed by a 21.97% dip in the last month.

Carvana Chart Weakens As Momentum Indicators Turn Bearish, Short Report Hits

American used car specialist Carvana has hit back at an incendiary report by Hindenburg Research, the short-seller, calling it intentionally misleading and inaccurate. The research pulls few punches on significant risks in its subprime loan portfolio and unsustainable growth.

US used car seller Carvana hits back at incendiary Hindenburg Research

Hindenburg Research said Thursday (Jan. 2) that it has taken a short position in shares of online car dealer Carvana, alleging a “father-son accounting grift” at the firm.

Carvana Rejects Hindenburg Research Allegations of ‘Accounting Grift'

Shares of Carvana (CVNA) slid Thursday as short-selling firm Hindenburg Research disclosed a short position in the online used-car retailer.

Carvana Stock Slips as Short-Seller Calls Its 2024 Turnaround a 'Mirage'

LOS ANGELES, CA / ACCESSWIRE / January 2, 2025 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Carvana Co. ("Carvana" or "the Company") (NYSE:CVNA) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

The Schall Law Firm Encourages Shareholders With Losses To Join An Inquiry Into Carvana Co. For Securities Fraud

LOS ANGELES--(BUSINESS WIRE)--CVNA Investors Have Opportunity to Join Carvana Co. Securities Fraud Investigation with the Schall Law Firm.

CVNA Investors Have Opportunity to Join Carvana Co. Securities Fraud Investigation with the Schall Law Firm

Carvana shares dropped 3% by 3:30 p.m. on Thursday.

Carvana shares tank after short-seller Hindenburg accuses firm of ‘grift for the ages'

Editor's Note: This story has been updated to include a statement from a Carvana spokesperson.

Hindenburg Shorts Carvana Stock, Claims Used Car Retailer's Turnaround Is A 'Mirage' (UPDATED)

Hindenburg Research disclosed a short position in Carvana on Thursday, claiming the company's recent turnaround is a "mirage" that's being propped up by unstable loans and accounting manipulation. The report centers on Carvana's practice of loan sales as well as the business relationship between CEO Ernie Garcia III and his father, Ernest Garcia II, who is Carvana's largest shareholder.

Hindenburg Research shorts Carvana, calling company's turnaround a 'mirage'

Carvana Co. sidesteps a scathing short-seller report out on Thursday that called the company's turnaround a “mirage.”

Carvana slammed by Hindenburg, but its stock continues its meteoric rise

Short seller Hindenburg Research is betting against Carvana Co CVNA with the stock up more than 300% over the past year. Despite the bearish report, shares are moving higher on Thursday.

Hindenburg Shorts Carvana Stock, Claims Used Car Retailer's Turnaround Is A 'Mirage'

Short seller Hindenburg Research said on Thursday it was short on used-car retailer Carvana Co.

Hindenburg Research short on used-car retailer Carvana

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CVNA, MRVL and COIN are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

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We have shortlisted five stocks, CVNA, DDOG, FTNT, AMZN and IDCC, which look promising based on their favorable Zacks Rank and Momentum score for investment consideration.

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E-commerce has been boosting retail sales, which is helping stocks with strong online presence like AMZN, SHOP, CART and CVNA.

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Carvana Co (NYSE:CVNA) stock is 2.2% lower at $227.97 at last glance, after sector peer CarMax (KMX) smashed third-quarter earnings estimates.

News for Carvana Stock (CVNA)