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.

Shares of the online used-car dealer gained following a strong earnings report.

Why Carvana Stock Revved Up 39% Last Month

Digital Turbine

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One thing's for sure: All three businesses are thriving despite the economic fallout from the coronavirus.

These 3 Stocks Have Doubled Since May. Are They Buys Right Now?

Carvana’s stock has little upside room left based on its valuation, after it rallied from $36 to $202 off the recent bottom compared to the S&P which moved 51%. One of the reasons for the high recovery was the Fed’s multi-billion dollar stimulus package announced on March 23rd which lifted market.

What’s Driving Carvana Stock To New Highs?

Shopify

Doubling your money in a year is a tall order. Does lightning really strike twice?

These Stocks Would Have Doubled Your Money Last Year -- and Are Up More Than 100% in 2020

PHOENIX--(BUSINESS WIRE)--Carvana's virtual vehicle tour technology has gotten an epic upgrade and now fans can take a closer look featuring rare vehicles from Barrett-Jackson.

Carvana Upgrades its Own Industry-Changing Virtual Vehicle Tour Experience with New Automotive Imaging Technology

LOUISVILLE, Ky.--(BUSINESS WIRE)--Carvana has launched its newest Car Vending Machine in Louisville, the first of its kind in Kentucky and the 25th location in the U.S.

Carvana Launches Newest Car Vending Machine in Kentucky

The e-commerce and pandemic narratives sending Carvana stock higher may soon run out of gas. It's time to cash out from CVNA.

Steer Clear of Carvana Stock as Shares Go Parabolic

GoDaddy

CNBC used TipRanks analyst ranking service to pinpoint Wall Street's best-performing stocks, like GoDaddy and Carvana.

Wall Street's top analysts are betting on stocks like GoDaddy and Carvana to beat the market

The high-flying e-commerce stock got hit with an analyst downgrade.

Why Carvana Stock Was Pulling Back Today

While Carvana Co (NYSE: CVNA) seems well-positioned to sustain strong growth in the long term, the stock has limited near-term upside due to its valuation and the company's capacity restraints, according to BofA Securities.

Carvana's Production Capacity Unlikely To Take Off Until 2021, BofA Says In Downgrade

Here's why Carvana's second quarter is more important than the top- and bottom-line figures.

Why Carvana Is Soaring 23% Higher Today

Carvana (CVNA) suspends 2020 guidance as it expects the pandemic's crippling impact to strain its operations in the days to come.

Carvana's (CVNA) Q2 Loss Widens Y/Y, Sales Miss Estimates

Carvana Co (CVNA) CEO Ernest Garcia on Q2 2020 Results - Earnings Call Transcript

Carvana Co. (CVNA) delivered earnings and revenue surprises of 27.91% and -1.05%, respectively, for the quarter ended June 2020.

Carvana Co. (CVNA) Reports Q2 Loss, Misses Revenue Estimates

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling used cars, today announced financial results for the quarter ended June 30, 2020.

Carvana Announces Second Quarter 2020 Financial Results

Carvana stock has soared to record highs, up 46% this month, as the online dealer of used automobiles get set to report second-quarter earnings. It's received several price-target hikes.

As Carvana Stock Roars To Record Highs, Here Comes The Earnings Report

The online used car dealer continues to capture investors' imagination.

Why Carvana Stock Soared Another 28.9% in July

Fiverr

Wayfair

Here is a sneak peek into how three e-commerce stocks are poised ahead of their second-quarter 2020 earnings releases.

E-commerce Stocks' Aug 5 Q2 Earnings Roster: FVRR, W & CVNA

CarMax

Vroom

After years of being part of a future that never quite arrived, the coronavirus pandemic has put U.S. online car sellers on the map.

Pandemic revs up race for U.S. online car sales

Investors are lapping up e-commerce names despite valuation concerns. With earnings on Wednesday afternoon, Carvana stock will show whether that trend holds.

Carvana Stock An Intriguing Test of Market Trends

Carvana Co. (CVNA) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report.

Carvana Co. (CVNA) Expected to Beat Earnings Estimates: Can the Stock Move Higher?

Valuation friction isn't intense enough yet on CVNA stock to offset robust operational tailwinds from low rates and pent-up demand.
The post Carvana is Fully Valued, But That May Not Stop CVNA Stock appeared first on InvestorPlace.

Carvana is Fully Valued, But That May Not Stop CVNA Stock

Here's why used car stocks could drive higher.

Why Carvana and CarMax Stocks Could Be Poised to Soar

Investors need to pay close attention to Carvana (CVNA) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in Carvana (CVNA) Stock?

The online car dealer gained on momentum from the recovery and positive analyst commentary.

News for Carvana Stock (CVNA)