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.

AMC Entertainment

Digital World Acquisition Corp

Hut 8 Mining Corp

Medical Properties Trust

Plug Power

Rivian Automotive

Investor appetite for risky stocks has come back in recent months, but there are plenty of opportunities out there for bearish investors looking for meme stocks to short. Even as factors like cooling inflation and an expected lowering of interest rates by the Federal Reserve point to a full exit from the more challenging times for the stock market during 2022 and 2023, it's not as if conditions have swung fully back to the environment experienced during the pandemic era.

The Big Short of 2024: 7 Meme Stocks to Bet Against

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its fourth quarter and fiscal year 2023 financial results for the period ended December 31, 2023, after the market closes on Thursday, February 22, 2024. On that day, management will hold a conference call and webcast at 5:30 p.m. ET (2:30 p.m. PT) to review and discuss the company's business and results. What: Carvana Fourth Quarter 2023 Financial.

Carvana to Report Fourth Quarter and Fiscal Year 2023 and Host Quarterly Conference Call on February 22

Zoom Video

Amidst the turbulent seas of the stock market, the U.S. is facing a storm. The recent surge in December 2023 retail sales cast a shadow over the hopes of early interest rate cuts by the Federal Reserve this year.

3 Stocks to Sell Before It's Too Late: Navigating the 2024 Market Landscape

BIRMINGHAM, Ala.--(BUSINESS WIRE)--Carvana (NYSE: CVNA), an industry pioneer for buying and selling used cars online, today announced its expansion of same day vehicle delivery to select greater Birmingham, Alabama residents. Birmingham area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com and select customers interested in selling their current vehicle to Carvana can also benefit from same day drop-off. “I urgently needed a new ve.

Carvana Raises the Bar in Online Auto Retail with Same Day Delivery Expansion to Birmingham

Affirm

Advanced Micro Devices

Abercrombie & Fitch

Marvell Technology

Symbotic Inc

Uranium Energy

Stocks are surging right now. The Federal Reserve seems intent on cutting interest rates in 2024.

7 Stocks to Sell Before Their Bubble Bursts in 2024

Axon Enterprise

Wrap Technologies

Stocks that are heavily shorted can provide some of the best upside opportunity. Stock Strategist Andrew Rocco brings you three top ideas.

Fuel to the Fire: 3 Short-Squeeze Candidates

Upstart Holdings

As the year came to a close in 2023, the market edged toward its all-time high, with the SPDR S&P 500 ETF Trust NYSE: SPY trading at its 52-week high. Previously beaten-down stocks with a high short interest were a significant area of focus for investors and traders as they surged higher in price.

Secondary squeeze: exploring 3 highly shorted stocks

PHOENIX--(BUSINESS WIRE)--In celebration of the New Year and a decade selling of electric vehicles, Carvana (NYSE: CVNA) reveals its top ten best-selling EVs of 2023: Tesla Model 3 Nissan LEAF Tesla Model Y BMW i3 Chevrolet Volt Tesla Model S Tesla Model X Ford Mustang MACH-E Volkswagen e-Golf Chevrolet Bolt EV Carvana has become a leader in the used EV space, offering a diverse range of electric vehicles and hybrids that cater to the evolving needs and tastes of car buyers. In 2023, Carvana so.

Carvana Announces Top-Selling Electric Vehicles of 2023

Zillow

Growth stocks rebounded nicely in 2023 after a disappointing 2022. However, some growth stocks overextended themselves and look due for corrections in 2024.

3 Growth Stocks to Sell in January Before They Crash and Burn

Carvana has dramatically cut the cost of sales per unit. GAAP gross profit per unit has surged.

Up 1,000%, Is This Growth Stock Still a Buy in 2024?

C3.ai

AST SpaceMobile

BlackBerry

Faraday Future Intelligent Electric

Marathon Digital Holdings

Mullen Automotive

With the “risk on” mentality of late 2023 fading fast thus far in 2024, it may be a good time to decide what are the meme stocks to sell. Mostly, because even if the macroeconomic picture improves this year, many of the most popular meme plays lack the fundamentals necessary to sustain their current stock prices.m Much less, justify a move to higher prices.

7 Meme Stocks That Might Actually Be Worse Bets Than AMC

This innovative company avoided bankruptcy in 2023, but that doesn't mean it's a good stock to hold.

This Stock Gained Over 800% in 2023. Is It Time for Investors to Take Profits and Move On?

Jin Medical International Ltd

The future of the United States economy appears surprisingly resilient, as evidenced by positive trends in labor force participation, inflation and wages. Despite earlier concerns of long-term scars, the nation has shown remarkable recovery, challenging prevailing pessimism.

Take Profit: 3 Stocks to Sell That Are Up More Than 500% in 2023

Lululemon Athletica

Walmart

A lot of the credit for the U.S. averting an economic recession over the past year is going to consumers as their spending has remained strong despite elevated interest rates. The latest data from the U.S. Census Bureau showed that retail sales in November were up 0.1% from October, and up 3.1% from a year earlier.

Retail Revivalists: 3 Stocks Reinventing Brick-and-Mortar

GameStop

Most meme stocks rallied in 2023. However, the meme stock outlook is grim, given the narrative that 2023 was merely a recovery year for high-beta stocks.

3 Meme Stocks that Have Nowhere to Go But Down in 2024

From whispers of a potential business bust, Carvana (CVNA) effectively fends off a cash crisis to witness an astounding rally of 1,058% this year, thus scripting an epic comeback.

CVNA's Epic Comeback Makes it the Top-Performing Auto Stock of 2023

Biomea Fusion Inc

Beyond Meat

Fisker Inc

Novavax

B. Riley Financial

Trupanion

Frontier Group Holdings

The number of shorted shares has grown 23% since the end of 2020, but that doesn't mean traders are getting more bearish about the market.

Short Sellers Think These Stocks Will Tank in 2024. Investors Can Bet Otherwise.

Nikola

Terawulf

As a critical mass of risk-hungry traders now believe “the coast is clear,” now may be the perfect time to consider which meme stocks to short. What do I mean by “the coast is clear?

Smart Shorts: 7 Meme Stocks to Bet Against in 2024

Soleno Therapeutics

No, it isn't related to artificial intelligence — although shares of AI-linked chip maker Nvidia Corp. NVDA, +0.16% have surged more than 200% thus far on the year.

The best-performing stock of the year rose nearly 10-fold, while the second-best averted disaster to surge 1,000% in a wild 2023

Dollar General

Enphase Energy

Moderna

NVIDIA

Palantir Technologies

Riot Blockchain

A 2023 stock market recap is a tale of highs and lows. We entered the year after a Fed tightening cycle proved restrictive but seemingly unsuccessful as inflation continued while rates rose.

The Winners and Losers: 2023 Stock Market Performance Review

Carrols Restaurant Group

Carvana and Carrols dropped to extraordinarily low valuations as investors questioned their futures. Market perceptions radically improved for both companies in 2023, sending the stocks soaring.

Carvana and Carrols Were 2 of the Biggest Winners in 2023, Up Over 1,100% and Over 400%, Respectively. Here Are 3 Stocks With Similar Setups for 2024.

This year's top-performing stock was not one of the big technology firms driving much of the discussion about 2023's stock market recovery, but instead was Carvana, a used car hawker which flirted with bankruptcy—though shares of this year's gold medalist remain significantly below their pandemic peak.

The Best Performing U.S. Stock Of 2023 Was Left For Dead After The Pandemic

Carvana (NYSE: CVNA) stock price has retreated in the past few days as investors start to take profits after a remarkable year. The shares dropped to a low of $54.10 on Tuesday, a few points below the year-to-date high of $62.

Carvana (CVNA) stock price forecast 2024: buy, sell, hold?

As the overall market edges closer to its all-time high, with the SPDR S&P 500 ETF Trust NYSE: SPY trading at its 52-week high, highly shorted, previously beaten-down stocks have been a significant theme and area of focus for investors and traders.

Will these 3 heavily shorted stocks keep squeezing?

Taiwan Semiconductor Manufacturing

In the dynamic world of stock markets, investors seek opportunities to capitalize on market movements. Indeed, one approach that has become popular is the short squeeze strategy, known to yield returns for investors in a short span, with retailer GameStop (NYSE: GME) being a perfect example.

News for Carvana Stock (CVNA)