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.

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?

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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.

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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.

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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.

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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.

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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.

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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?

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1,160%. That's how much shares of used car retailer Carvana (NYSE: CVNA) skyrocketed in 2023 – from $4.6 to $58.2 at the time of publication on December 21.

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Have you noticed how most businesses, namely retail and car dealerships, like Ralph Lauren NYSE: RL and Carvana NYSE: CVNA, have been upping their email marketing campaigns to include company-wide discounts and promotions to get their inventories moving? There's a reason behind priming customers like yourself for a sales spree.

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CHICAGO--(BUSINESS WIRE)--Chicago Fire FC and Carvana, an industry pioneer for buying and selling used vehicles online, today announced a multi-year agreement exclusively naming Carvana the Official Online Auto Retailer and the Presenting Partner of Chicago Fire FC Regular Season. Carvana will become the Club's Front of Kit Partner with its logo appearing across the front of Chicago Fire First Team, MLS Next Pro (Chicago Fire II), and Chicago Fire Academy home and away jerseys for all preseason.

Chicago Fire FC Kicks Off Multi-Year Partnership with Carvana as Official Online Auto Retailer and Front of Kit Sponsor

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COLUMBUS, Ohio--(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 Columbus and Cincinnati area residents. Now Central and Southwest Ohio area residents can receive their vehicle within hours of placing an order on Carvana.com. Select customers interested in selling their current vehicles to Carvana can also benefit from same day drop-off at specific locations throughout the state. Car.

Carvana Launches Same Day Vehicle Delivery Offering to Columbus and Cincinnati Area Residents

Despite recent market softness, I maintain a cautiously optimistic stance on Carvana's potential for stability and growth. I'm anticipating over $400 million in free cash flow by 2024, signaling a positive shift in the company's financial trajectory. While recognizing the company's darkest days are likely behind, the persisting challenges, especially on the balance sheet, emphasize the need for a vigilant approach.

News for Carvana Stock (CVNA)