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 Co.'s bondholders could run against a “tough combination” of rising interest rates and double-digit financing costs, leading some consumers to tap the brakes on buying a used car.

Carvana's bondholders face ‘uncertainty' in used-car market and volume worries

PHOENIX--(BUSINESS WIRE)--Carvana is teaming up with mountain bike star rider Jaxson Riddle for the Styled & Dialed giveaway ahead of the famed Red Bull Rampage.

Carvana Inks New Multi-Year Partnership With Freeride Mountain Bike Star Jaxson Riddle

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It can be fun to speculate on short-squeeze stocks. When the stars align just right, these heavily bet against companies can see their shares skyrocket, leading to tremendous gains for shrewd traders.

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Carvana overextended itself with a growth-at-any-cost strategy. Management's focus on rightsizing the business resulted in a material reduction in the number of cars sold.

Carvana's Turnaround Plan Seems to Be Missing 1 Key Detail

Carvana shares are down this week but still up hundreds of percentage points this year. The stock may be falling due to rising interest rates and the UAW strike.

Why Shares of Carvana Slumped This Week

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced it will report its third quarter 2023 financial results for the period ended September 30, 2023, after the market closes on Thursday, November 2, 2023. 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 Third Quarter 2023 Financial Results Conferenc.

Carvana to Report Third Quarter 2023 and Host Quarterly Conference Call on November 2

Carvana got a credit rating upgrade, but the gains didn't last. The Federal Reserve now expects interest rates to remain elevated for longer than previously thought.

Why Carvana Stock Lost 17% in September

Novavax

C3.ai

As a CNBC report recently pointed out, some publicly traded enterprises are standing out but for the wrong reasons. Feeling the pressure from the specter of an extended period of heightened borrowing costs, hedge funds have placed some sizable bets against certain companies.

NVAX, AI, CVNA: The 3 Most Shorted Stocks This Month

Shares have rebounded as the company moves closer to generating a profit. The online used car dealer has sacrificed growth in order to stave off bankruptcy.

Carvana Stock Is Up 745% This Year: Is It Too Late to Buy Shares?

Carvana is taking steps to rightsize the business after consumer demand slowed.

Should Investors Buy Carvana Stock Right Now?

PHOENIX--(BUSINESS WIRE)--Carvana is offering a one-year pro sponsorship to the winner of this year's Carvana | NRG Combine in search of the next pro Rocket League player.

Carvana and NRG Partner to Launch Esports Challenge: The Search for the Next Rocket League Pro Begins

National Beverage

Hudson Pacific Properties

Lucid Group

Planet Fitness

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While it's unclear whether the market is on the precipice of another sell-off, now may be the time to clear out any strong sell stocks from your portfolio. Even as it may seem like investors have absorbed the impact of high inflation, high interest rates, and the possibility of a 2024 recession, that may not necessarily be the case.

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Carvana's financial situation is still cause for concern. It has yet to achieve positive net income.

Here's My Top Growth Stock to Avoid in 2023

Investors seemed uncertain about the impact of the UAW strike. Interest rates are expected to go even higher, which could affect Carvana's demand.

Why Carvana Stock Was Falling This Week

Modine Manufacturing

Momentum stocks can be an investor's best friend because these companies' continued growth tends to reflect well in returns for their shareholders. Investors will be continually be attracted to these businesses for their potential growth strategies and consistent volume and popularity.

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BlackBerry

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Toll Brothers

Western Alliance Bancorporation

Core CPI rose 0.3% in August versus July. While the increase was slightly higher than the 0.2% monthly gain in core CPI in July, it was still relatively tame.

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First Solar

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It's critical to note that not all stocks reach analysts' forecasted levels, as unforeseen circumstances can always affect future performance. Still, the positivity surrounding upgrades can be seen as a solid takeaway.

These 3 Stocks Have Seen Favorable Price Target Upgrades

Netflix

American Airlines

ARM Holdings PLC

Delta Air Lines

Lennar

Mastercard

PayPal

Visa

Valero Energy

Exxon Mobil

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Fisker Inc

Mullen Automotive

Peloton

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Meme stocks burst onto the investment scene, notably when GameStop (NYSE: GME ) launched to astronomical heights in 2021, leaving both seasoned investors and short sellers dumbfounded. Yet, this meteoric rise was a double-edged sword, spotlighting potential meme stocks to sell.

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A debt exchange has bought the auto reseller "at least two years of breathing room to execute," Wedbush says,

Carvana Has Gained 1,000% This Year. This Analyst Just Upgraded the Stock.

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ImmunoGen

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Nvidia stock has tripled, but it's not No. 1 in 2023.

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CarMax

Shares of used car retailer Carvana Co. (NYSE:CVNA) soared on Thursday, gaining momentum ahead of a potential strike of auto workers against the Detroit Three carmakers General Motors Company (NYSE:GM), Ford Motor Company (NYSE:F) and Stellantis NV (NYSE:STLA, EPA:STLA). Carvana stock closed up 13.5% at US$55.86, with investors pulling back slightly at Friday's open with the stock down 2% at US$54.79.

Carvana and other used car stocks accelerate ahead of auto workers strike

Carvana's stock has shown positive momentum following key events, including a 13% jump after the company's comments highlighted potential catalysts. The company is addressing investor concerns about long-term profitability by breaking down fixed and variable costs in its Q3 earnings report. CVNA has implemented strategies to improve unit economics, such as building up the wholesale marketplace and increasing the customer-sourced share of retail units sold.

Carvana: Potential Catalyst Ahead

Shares of Carvana (NYSE: CVNA ) continue to move against expectations, even amid not-so-encouraging news. Earlier this week, a securities filing disclosed that a Carvana insider sold 20,000 shares of CVNA stock.

News for Carvana Stock (CVNA)