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.

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), an industry leader for buying and selling used cars online, has unveiled its top-selling vehicles of 2024. This year's rankings highlight evolving customer preferences, with an electric vehicle, the Tesla Model 3, claiming the top spot. SUVs also dominate the 2024 list, demonstrating their enduring appeal among families and adventurers alike. Carvana's top-selling vehicles of 2024 are: Tesla Model 3 Chevrolet Equinox Nissan Rogue Ford Escape F.

Carvana Reveals Top-Selling Used Cars of 2024

Amazon

CarMax

The e-commerce giant's auto business is operating in 48 cities. Hyundai Motor is its exclusive partner for the launch.

Amazon Is Selling Cars. Why It Isn't Much of a Threat to Carvana, CarMax Yet.

Carvana (CVNA -2.86%) has become one of the more surprising turnaround stories in recent years. Two years ago, the company was on the brink of bankruptcy when a debt restructuring deal gave it new life.

2 Reasons Investors Might Want to Steer Clear of Carvana Stock Right Now

Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.

Here's Why Carvana (CVNA) is a Strong Momentum Stock

EMCOR Group

Comfort Systems USA

Sprouts Farmers Markets

Vistra Energy

Sprouts Farmers Market, Vistra, EMCOR, Carvana and Comfort Systems USA are included in this Analyst Blog.

The Zacks Analyst Blog Sprouts Farmers Market, Vistra, EMCOR, Carvana and Comfort Systems USA

Five non-tech stocks have more room to grow in 2025 despite triple-digit returns in 2024. These are; SFM, FIX, EME, VST, CVNA.

Buy These 5 Non-Tech Stocks for 2025 Amid Triple-Digit Returns in 2024

Given CVNA's operational discipline and market potential, we believe there is significant upside potential in the stock going into 2025.

Carvana's 2024 Boom: Will Its Momentum Keep Rolling in 2025?

It's a shame accounting standards setters don't respect the way knowledge of fixed costs, variable costs, and operating leverage can help investors, so we're left on our own here. This framework supports several of my recent “Buy” ratings on stocks despite high P/Es.

Operating Leverage Is Boosting Carvana Faster Than Previously Expected (Rating Upgrade)

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

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

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

Carvana (CVNA) Is Up 0.41% in One Week: What You Should Know

Carvana (CVNA) reported earnings 30 days ago. What's next for the stock?

Why Is Carvana (CVNA) Up 3.1% Since Last Earnings Report?

BigCommerce Holdings, Inc.

Booking Hlds

Instacart (Maplebear Inc.)

We have narrowed our search to five e-commerce stocks with strong growth potential for the rest of 2024. These stocks are: AMZN CART, CVNA, BKNG, BIGC.

5 E-Commerce Stocks to Buy on Expected Strong Holiday Sales

Courage & Conviction Investing details why consistency in small-cap strategy pays off; ignoring macro noise to gain alpha. Highlighted successful investments: Carvana's turnaround, Zeta's contrarian setup, and CuriosityStream's dividend play.

The Art Of Being A Contrarian With Courage & Conviction Investing

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

Why Carvana (CVNA) Might be Well Poised for a Surge

Why Carvana (CVNA) is a Top Momentum Stock for the Long-Term

BOSTON--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced plans for an auction and reconditioning ‘Megasite' integration in Boston. With this transition, Carvana will establish Inspection and Reconditioning Center (IRC) capabilities at its existing ADESA Boston 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.

Carvana Announces Auction-IRC ‘Megasite' Integration in Boston Area

Abercrombie & Fitch

Target

Retail stocks like AMZN, ANF, TGT and CVNA are poised to benefit from the uptick in retail sales.

4 Retail Stocks to Buy on Growing Sales Ahead of Holiday Season

Here is how Carvana (CVNA) and Shake Shack (SHAK) have performed compared to their sector so far this year.

Is Carvana (CVNA) Stock Outpacing Its Retail-Wholesale Peers This Year?

As Carvana continues optimizing operations and scaling its platform, its growth story remains compelling, making it a prudent investment choice.

Carvana's Turnaround Tale: Is This High-Flying Stock Still a Buy?

AppLovin Corp

AST SpaceMobile

Cava Group, Inc.

Microsoft

Palantir Technologies

Powell Industries

Rocket Lab USA

NuScale Power Corp

CNBC's Jim Cramer on Wednesday reviewed ten stocks worth more than $1 billion that have run up big this year and suggested they were smart investments — although most were also very speculative. "Let's remember this list of frothy stocks and think of them the next time you're about to ignore a stock for being too speculative," he said.

Jim Cramer reviews ten stocks that are up more than 200% so far this year

Carvana Co. shares have surged ~85% since September, driven by a strong earnings report and a successful turnaround from 2021 lows, making shares a strong buy. CVNA Q3 earnings exceeded expectations with an EPS of $1.14 and $3.66 billion in revenue, showcasing Carvana's rapid and impressive turnaround. Carvana's innovative digital platform and customer-centric features are key to its market share growth in the $1 trillion used car industry.

Carvana: Turnaround Is Complete, 2025 Looks Exciting

LAS VEGAS--(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 Las Vegas, Nevada area. Select Las Vegas area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com. “I live 30 minutes from my parents, so trying to schedule time to visit multiple dealerships with them just wasn't working out—especially sinc.

Carvana Expands Same Day Delivery to Las Vegas

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced that Mark Jenkins, Carvana's Chief Financial Officer, will present to the investor community and host meetings at the conference. 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunication Conference Presentation Date and Time: Wednesday, November 20, 2024, at 8:00 AM ET* Location: InterContinental New York Barclay, 111 E 48th Street, New Y.

Carvana to Present at Upcoming RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference

Shares of Carvana have continued to rally after a very strong Q3 earnings print, bringing YTD gains to above 400%. Driven by accelerating sales growth as well as meaningful GPU expansion in Q3, I'm also upgrading Carvana to a neutral rating. Carvana notes that it's still below target inventory levels, indicating that growth could have been even stronger with higher availability.

Carvana: I Was Wrong, This Stock Is A Powerhouse, But Don't Get Carried Away (Rating Upgrade)

PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today launched a new broadcast campaign starring seven-time NASCAR champion Jimmie Johnson. The commercial highlights Carvana's same day vehicle delivery service, allowing customers to receive their car in less than 24 hours after placing an order on carvana.com. “After several successful seasons with Jimmie, we couldn't be more excited to have him star in a Same Day Delivery campaign,” said Ryan Kee.

News for Carvana Stock (CVNA)