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.

For a company whose stock had fallen 70% in the past eight months, it would be hard to say Carvana investors were caught by surprise when the used car retailer known for its “vending machine” delivery towers announced its first-quarter earnings results Wednesday afternoon (April 20). And yet, a perfect storm of both internal production […]

Carvana Crashes Into ‘Challenging, Difficult, Deteriorating' Environment

The used-car retailer said it would not be providing “specific numeric near-term guidance” for the remainder of the year.

Carvana Stock Slides After $1 Billion Share Offering and Wider Loss

Carvana Stock Bounces Back After $1 Billion Share Offering and Wider Loss

Carvana Co. (NYSE:CVNA ) Q1 2022 Earnings Conference Call April 20, 2022 5:00 PM ET Company Participants Mike Levin - Vice President of Investor Relations Ernie Garcia - Chief Executive Officer Mark Jenkins - Chief Financial Officer Conference Call Participants John Parke - Wells Fargo Chris Bottiglieri - BNP John Colantuoni - Jefferies Michael Montani - Evercore ISI Brian Nagel - Oppenheimer Rajat Gupta - JPMorgan Adam Jonas - Morgan Stanley Seth Basham - Wedbush Securities Michael Baker - D.A. Davidson Chris Pierce - Needham Robert Zeller - SunTrust Operator Good day, and welcome to the Carvana First Quarter 2022 Earnings Conference Call.

Carvana Co. (CVNA) CEO Ernie Garcia on Q1 2022 Results - Earnings Call Transcript

Carvana Co (NYSE: CVNA) shares are trading lower in Wednesday's after-hours session after the company reported financial results. Carvana said first-quarter revenue increased 56% year-over-year to $3.5 billion, which beat the $3.39 billion estimate, according to data from Benzinga Pro.

Why Carvana Shares Are Plunging After Hours

Shares of Carvana Co. were getting crunched in after-hours trading Wednesday after the used-car retailer admitted that both industry-wide and company-specific challenges impacted its business in the first quarter, though the company believes it's picking up share in the market for used vehicles.

The Ratings Game: Carvana stock tumbles as ‘uniquely difficult environment' hits earnings

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced its intention to offer, subject to market and other conditions, $1 billion of a new series of perpetual preferred stock, liquidation preference $1,000 per share (the “Series A Preferred Stock”) in a private offering only to (i) qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”) and (ii) non-U.S

Carvana Co. Announces Proposed Offering of Series A Preferred Stock

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced its intention to offer, subject to market and other conditions, $1 billion of its Class A common stock in a public offering registered under the Securities Act of 1933, as amended (the “Securities Act”). Ernest Garcia, II, along with Ernie Garcia, III, Carvana's Chief Executive Officer, and entities controlled by one or both of them, have indicated an interest in

Carvana Co. Announces Proposed Offering of Class A Common Stock

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars online, today announced financial results for the quarter ended March 31, 2022. Carvana's complete first quarter 2022 financial results and management commentary can be found by accessing the Company's shareholder letter on the quarterly results page of the investor relations website. “Q1 was a unique environment. Omicron, high used vehicle prices, rapid changes in interest rates

Carvana Announces First Quarter 2022 Results

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The Carvana (NYSE: CVNA) stock price is crawling back as investors focus on the upcoming quarterly results. The shares are trading at $101.77, which is slightly above this week's low of $94.

Carvana stock price forecast ahead of earnings

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars online, today announced it currently expects to close its acquisition of the ADESA U.S. physical auction business in May 2022. To facilitate this closing timeline, Carvana will report its first quarter financial results for the period ended March 31, 2022 following the close of market on Wednesday, April 20, 2022. On that day, management will hold a conference call and webcast at

Carvana to Report First Quarter Results on April 20 and Expects to Close Acquisition of ADESA U.S. in May

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HOUSTON--(BUSINESS WIRE)--Carvana debuts second car vending machine in Houston area.

Carvana Returns To Houston Area With Brand New Car Vending Machine

Carvana stock has fallen more than 70% from its August highs.

Why Has Carvana Stock Dropped In 2022 And Is It A Buy, Sell, Or Hold?

BANGOR, Maine--(BUSINESS WIRE)--Carvana grows Maine presence with as-soon-as-next-day delivery in Bangor.

Carvana Brings The New Way to Buy a Car® to Bangor

Carvana's stock was downgraded today by an analyst at RBC Capital.

Why Carvana Stock Is Sinking Today

The used-car company's sales growth is slowing, while the company seems to be growing too fast, according to RBC Capital Markets.

The Car Boom May Be Becoming a Car Bust. Why That's Bad News for Carvana Stock.

Carvana Co (NYSE:CVNA) this morning, was downgraded to "sector perform" from "outperform" at RBC Capital Markets.

Carvana Stock Hit With Bear Note on Valuation Concerns

Macroeconomic headwinds and a weak report by a peer weighed on the online auto seller.

Why Carvana Stock Lost 21% in March

AMES, Iowa--(BUSINESS WIRE)--Carvana Offers As-Soon-As-Next-Day Delivery to Ames Area Residents.

Carvana Continues Iowa Expansion with Ames Launch

PHOENIX--(BUSINESS WIRE)--Carvana teams up with Jimmie Johnson for NTT INDYCAR SERIES 2022 Racing Season.

Carvana Teams up with Jimmie Johnson for NTT INDYCAR SERIES 2022 Racing Season

Online used car market platform Carvana (NASDAQ: CVNA) stock has been in a rut as it sells off with the benchmark indexes.

Carvana Stock May Be Ready to Ride

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SAN DIEGO--(BUSINESS WIRE)--Carvana Unveils Newest Car Vending Machine in San Diego

News for Carvana Stock (CVNA)