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.

In the most recent trading session, Carvana (CVNA) closed at $108.05, indicating a +1.4% shift from the previous trading day.

Carvana (CVNA) Surpasses Market Returns: Some Facts Worth Knowing

Covid has warped car trends, and J.P. Morgan prefers auto dealers stocks Carvana and Lithia Motors over those of Asbury and CarMax.

Carvana Stock Is a Buy Because Used Cars Are a Hot Commodity, Says Analyst

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PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, presented today at the William Blair 44th Annual Growth Stock Conference, sharing progress and updates, including: Operating Plan One year ago, Carvana launched an internal plan that identified opportunities to strengthen unit economics over a 12-month period. This effort drove progress across every team, resulting in: Efficiency-driven growth. Despite continued focus on profita.

Carvana Provides Updates on Operating Plan and Capital Structure at Growth Conference

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to seven classes of notes issued by Carvana Auto Receivables Trust 2024-N2 (“CRVNA 2024-N2”), a non-prime auto loan ABS transaction. The transaction has initial hard credit enhancement levels ranging from 50.75% for the Class A notes to 3.55% for the Class E notes. Credit enhancement consists of overcollateralization, excess spread, subordination (except for the Class E notes) and a cash reserve account funded at closing. CRVNA 2024-N2.

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2024-N2

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

Why Is Carvana (CVNA) Down 12.1% Since Last Earnings Report?

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of notes issued by Carvana Auto Receivables Trust 2024-P2 (“CRVNA 2024-P2”), a prime auto loan ABS transaction. The transaction has initial hard credit enhancement levels ranging from 7.45% for the Class A notes to 0.50% for the Class D notes and 0.30% for the Class N notes. Credit enhancement consists of overcollateralization, excess spread, subordination (except for the Class D and Class N notes) and a cash reserve a.

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2024-P2

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced that Ernie Garcia, Carvana's Founder and Chief Executive Officer, will present to the investor community and host meetings at the upcoming William Blair Growth Stock Conference. William Blair 44th Annual Growth Stock Conference Presentation Date and Time: Thursday, June 6, 2024, at 11:20 AM CT* *A webcast of the presentation will be accessible on the Investor Rel.

Carvana to Present at Upcoming William Blair 44th Annual Growth Stock Conference

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Super Micro Computer has been posting some impressive growth due to rising demand for AI servers. Carvana's business appears to be on a more positive trajectory with the company posting a profit last quarter and no longer burning cash.

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In this article, we delve into the world of meme stocks and explore the insights provided by cutting-edge AI algorithms. These advanced systems have analyzed market trends, and company fundamentals, to identify seven meme stocks to sell according to AI.

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PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, will host institutional investors and analysts for a tour of its Rocklin, CA Inspection and Reconditioning Center on Tuesday, June 25, 2024. Senior leadership from Carvana's Inventory and Fulfillment teams will share an overview of the facility's operations and answer questions. Space is limited. Investors and analysts may submit interest in attending in person through investors@carvana.

Carvana Announces Investor Tour at its Rocklin, CA Inspection and Reconditioning Center

Perhaps no single event has done more to boost Carvana's stock than when management was able to avoid bankruptcy last year. The used car industry is truly massive, providing a large addressable market.

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Carvana (CVNA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Carvana Co. (CVNA) Is a Trending Stock: Facts to Know Before Betting on It

Carvana reportedly expects that as more new vehicles are built, the company's used car business will benefit. “There will likely be much more car production, and that will probably bode well,” Carvana CEO Ernest Garcia III told reporters Tuesday (May 14) at an Automotive Press Association event near Detroit, Bloomberg reported Tuesday.

Carvana Expects New Car Production to Boost Used Car Sales

Investor sentiment has transitioned from extremely bearish to incredibly bullish, driving the stock higher. Carvana's market opportunity is truly massive, which adds to the long-term upside.

Is Carvana Stock a Millionaire-Maker?

Carvana reported positive net income during first-quarter earnings. While this was viewed positively, a closer look at the financials shows that ongoing profitability is unlikely in the near term.

Now That It's Soared 876%, Is It Too Late to Buy Carvana Stock?

Carvana's retail units sold have declined annually since 2021. Despite declining sales, gross profit per unit has soared.

Is It Finally Time to Buy Carvana?

This business is finally back to posting revenue and unit growth. Investors are encouraged by its positive net income too, but it's worth reading the fine print.

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PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, celebrates the two-year anniversary of its acquisition of ADESA by sharing key integration milestones that demonstrate the potential of the combination for both businesses and their wholesale and retail customers. “In our first two years, ADESA and Carvana have not only combined our organizations and footprints, but also integrated key operational workflows and technology systems in ways.

Carvana Marks Second Anniversary of ADESA Acquisition with New Integration and Performance Milestones

PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today shared a Letter of Interpretation from the National Highway Traffic Safety Administration (NHTSA) affirming the legality of electronic signatures (e-signatures) on physical odometer disclosure documents. Carvana pursued this clarification, with support from other industry leadership groups, as part of its ongoing advocacy for DMV process modernization to drive better experiences for car buyers.

Carvana Confirms Federal Legality of e-Signatures on Odometer Disclosure Documents with NHTSA Letter of Interpretation

PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today released an EV Trends Report for Q1 2024. The report focuses on the significant growth potential of the used EV category and highlights the important role affordability plays in driving customer adoption. Key findings from the report include: Used EV sales are poised for significant growth: whereas EVs made up 7.6% of all new car sales in 2023, they were less than 1% of the used market.1 The di.

News for Carvana Stock (CVNA)