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. (NYSE:CVNA) shares jumped by over a third after it reported a big improvement in second-quarter earnings and announced an agreement to cut total outstanding debt by over $1.2 billion. Alongside its 2Q results, the online used car dealer said in a statement that the agreement with noteholders will eliminate more than 83% of its 2025 and 2027 unsecured note maturities and lower required cash interest expense by over $430 million per year for the next two years.

Carvana rallies on debt restructure, positive 2Q underlying earnings

Carvana (NASDAQ: CVNA ), the online used car dealer, announced a plan to cut its debt costs, helping the stock to a 39% gain overnight, following a 9% gain on July 18. Management took advantage of the debt deal, filing to sell up to 35 million new shares and raise $350 million.

CVNA Stock Alert: Did Carvana Just Save Its Own Life?

Carvana (CVNA) came out with a quarterly loss of $0.55 per share versus the Zacks Consensus Estimate of a loss of $1.13. This compares to loss of $2.35 per share a year ago.

Carvana (CVNA) Reports Q2 Loss, Tops Revenue Estimates

The used-car dealer signed a bond swap deal to reduce its debt by $1.2 billion. Shares rose almost 30%.

Carvana Soars on Restructuring Deal, Launches Stock Offering

Carvana (NYSE: CVNA ) stock is rocketing higher on Wednesday following the release of the used-car retailer's earnings report for the second quarter of 2023. The big news sending shares of CVNA stock higher today is the company's revenue of $3.88 billion.

Why Is Carvana (CVNA) Stock Up 24% Today?

In 2023, Carvana (NYSE: CVNA), the popular used-car retailer, witnessed a staggering and unprecedented surge in its share price value, sending shockwaves through the stock market.

Carvana stock nears Wall Street max price target after major deal

Carvana said the agreement will eliminate more than 83% of Carvana's 2025 and 2027 unsecured note maturities and lower its required cash interest expense.

Carvana shares soar 30% on deal to reduce debt by $1.2 billion

Shares of Carvana Co. were surging 31% in premarket trading Wednesday after the used-car retailer easily topped sales expectations for its latest quarter and announced a deal with noteholders to restructure its debt.

Carvana's stock rockets after earnings bring big sales beat

Used-car retailer Carvana said on Wednesday it entered into an agreement with noteholders to reduce its total debt outstanding by over $1.2 billion.

Carvana enters deal with noteholders to cut debt by $1.2 bln

PHOENIX--(BUSINESS WIRE)--Carvana Announces Agreement With Noteholders That Will Provide Significant Flexibility as It Continues to Execute Its Profitability & Growth Plan.

Carvana Announces Agreement With Noteholders That Will Provide The Company Significant Flexibility as It Continues to Execute Its Profitability and Growth Plan by Reducing Total Debt, Extending Maturities and Lowering Near-Term Cash Interest Expense

PHOENIX--(BUSINESS WIRE)--Carvana, the nation's largest online used auto retailer, delivers best quarter in company history for Adjusted EBITDA & total gross profit per unit.

Carvana Delivers Best Quarter In Company History For Adjusted EBITDA and Total Gross Profit Per Unit

Netflix

AT&T

Verizon

AT&T T, -0.59% and Verizon Communications VZ, +2.57% each saw their stock rise by 3%. AT&T said in a Tuesday court filing that it would hold off on prior plans to remove lead-sheathed cables running underneath California's Lake Tahoe amid recent reporting on the legacy cables.

Netflix stock nudges higher ahead of results, Carvana shares slide and other stocks on the move

Carvana stock reversed earlier losses to surge in premarket trading Wednesday after reporting its best ever quarter for profit, and announcing a debt restructuring deal.

Carvana Stock Surges After Earnings. Here's Why.

Carvana earnings were expected in August but are now due July 19 before the market open. Carvana stock slumped late Tuesday.

Carvana Stock Sinks In Late Trade With Earnings Due Wednesday

Shares of Carvana Co. CVNA, +8.95% dropped more than 9% in the extended session Tuesday after the online auto retailer spooked markets by moving forward its quarterly results. Carvana said that it will report second-quarter numbers before the bell Wednesday, a full two weeks ahead of their previously scheduled release.

Carvana spooks market by moving up results, stock down 9%

PHOENIX--(BUSINESS WIRE)--Carvana to Report Second Quarter 2023 and Host Quarterly Conference Call on July 19, 2023.

Carvana to Report Second Quarter 2023 and Host Quarterly Conference Call on July 19

Holding Carvana (NYSE: CVNA ) stock now is a dangerous proposition. Sure, it could go higher if there's an epic short squeeze, but the hype fuel could run out anytime.

The Crash Course: Why Carvana's Soaring Stock Is Set for a Fall

NEW YORK , July 17, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Carvana Co. ("Carvana" or the "Company") (NYSE: CVNA). Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Carvana Co. - CVNA

C3.ai

Upstart Holdings

With this bullish market momentum, many investors are looking for millionaire-maker stocks. Indeed, making a million dollars with any investment likely requires a big up-front capital allocation.

3 Millionaire-Maker Stocks to Buy Before the Window Closes

PHOENIX--(BUSINESS WIRE)--New research commissioned by online auto retailer reveals what Americans want in their ideal dream car.

What's Your Dream Car: New Research Commissioned By Carvana Reveals What Americans Want In Their Dream Car

Struggling used-car dealer's shares are hot, but business sags and investors worry about the family's plans.

For Clues About Carvana's Future, Look to Its Past

A short squeeze may be driving up shares of the used-car marketplace. The fundamentals of the business are improving, but it's still burning cash.

Up 700%, Is Carvana Stock a Bubble Ready to Burst?

Fisker Inc

QuantumScape

Short interest had built in some well-known auto stocks and that may have driven a short squeeze. Data from the industry was mixed with new vehicle sales up big but prices for used cars coming down.

Why Auto Stocks Popped (And Then Dropped) This Week

Apple

Amazon

Marathon Digital Holdings

NVIDIA

Tesla

Some stocks have skyrocketed year to date. Indeed, shares of some technology companies more than doubled over the last six months.

7 Hypergrowth Stocks That AI Is Loving in July

GameStop

Lucid Group

The stock market has seen a strong rally in 2023, with the Nasdaq Composite up nearly 30% year-to-date. This has led to overvaluation in many growth stocks.

News for Carvana Stock (CVNA)