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 (NYSE: CVNA ) stock is resiliently in the green today, despite the publication of a short report by Kerrisdale Capital. As usual, the hedge fund has disclosed a short position in the underlying stock of its report.

CVNA Stock Alert: Why Kerrisdale Is Betting Against Carvana

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Investment management firm Kerrisdale Capital said on Monday, June 12; it has taken a short position in the stock of used-car retailer Carvana (NYSE: CVNA), sending its shares down at the market open, before witnessing a sharp recovery of more than 8%.

Investment giant shorts Carvana (CVNA) stock citing ‘worthless equity'

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3 High-Short-Interest Stocks Spark Potential Opportunities

Carvana told investors that things are going better than expected in 2023.

Was Carvana's Stock Price Explosion Justified?

Carvana's acquisition of a vehicle auction business improved company operations, but at a cost. Senior notes issued to fund the acquisition have an interest rate over 10%.

The 2 Charts Carvana Investors Can't Afford to Miss

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Although it's a risky stock, it's hard to deny Carvana's disruptive car-buying platform. Chipotle's sales and profits are set to keep rising with more restaurants in the pipeline.

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Carvana stock is up more than 400% this year, passing even the most bullish price target. One analyst still sees the stock going bankrupt, giving it a price target of $1.

Wall Street Can't Keep Up With This Surging E-Commerce Stock. Time to Buy?

Carvana's stock soared when the company boosted its guidance. Unfortunately, the two metrics Carvana touts have some serious problems.

2 Things to Know About Carvana's Improved Outlook

Carvana's big rally is now looking more like a blip on the radar. Shares in the online-car retailer soared Thursday, closing up by 56% from the prior day on news that it expected to post $50 million worth of adjusted EBITDA in the current quarter, powered by stronger per-car sales profitability.

Carvana crashes back down to earth

Carvana's stock has surged by a scintillating 164% in the past month, fueled by investors' high-beta proclivity and a first-quarter earnings beat. Although the stock's recent returns are best-in-class, the question beckons: Is Carvana's latest surge sustainable?

What's Next After Carvana's Surge?

Carvana (NYSE: CVNA ) stock is still a hot topic among traders on Friday after the used-car retailer updated its outlook yesterday. Carvana stock underwent a rally yesterday that saw its shares close out normal trading hours up 55.9%.

Carvana (CVNA) Stock Continues to Move on Improved Outlook

The SPDR S&P Retail ETF (XRT) is on a hot streak, heading for its fourth-straight win and second consecutive weekly win.

Retail Sector Roundup: Carvana Stock Breaks Out

Carvana stock exploded higher yesterday in a classic short squeeze rally. While this episode of buying can send the stock a lot higher, it's completely unsustainable. On a risk-adjusted basis, CVNA's value proposition for longs remains entirely unattractive.

Carvana Stock: Short Squeezes Always End In Tears

Carvana Co. CVNA shares rose sharply on Thursday after the company announced an improved second quarter 2023 outlook, with profits expected over $50 million.

Carvana's Stock Options Volume Soars, Ranks Fifth-Busiest Single Stock Option - Carvana (NYSE:CVNA)

Shares of used-car retailer Carvana Co fell about 2% in premarket trading on Friday, as analysts fear that the debt-laden company's upbeat second-quarter profit forecast could be just a 'one-time' gain.

Carvana shares slide as analysts call Q2 profit forecast 'one-time' gain

Carvana shares soared 56% on Thursday and were set to go higher when US trading starts on Friday as short-sellers rushed to close positions after a much strong than expected second quarter. The heavily in-debted online car dealer forecast underlying profits (EBITDA) would be above US$50mln in the three months to June, compared to market forecasts of a loss of US$6mln.

Carvana short sellers battered after online car dealer's bullish update

Carvana Co.'s stock CVNA, +56.02% is up 1% Friday, and is one of the most heavily traded in the premarket, after the stock jumped 56% in its previous session on a hiked outlook from the car seller. William Blair analyst Sharon Zackfia on Friday reiterated a market perform rating on Carvana and said the company's progress is encouraging, but she's seeking improved visibility on liquidity and free cash flow generation before any potential stock upgrade.

Carvana stock rises in premarket on heavy volume after big rally in previous session

Carvana short-sellers have suffered losses of more than $1 billion this year, according to Bloomberg.  That's after the company's stock surged 56% on Thursday alone on the back of improved second-quarter results.

Carvana short sellers suffer $1 billion loss after the used-car dealer's stock surged more than 400% this year

After online used-car retailer Carvana Co. (NYSE: CVNA) announced better-than-expected results for the second quarter of 2023, including significant savings and efficiencies, its shares reacted by immediately soaring more than 55% during the trading session.

Carvana (CVNA) stock surges over 55% on improved Q2 forecast

Carvana stock has increased by 59% in today's trading, potentially indicating the beginning of an overall comeback for the company's shares. This has occurred on the back of the company's recently increased guidance on per-unit gross profitability for the current quarter. Comparisons against the company's cost structure in recent quarters, as well as increasing prices for used cars, indicate that this is feasible and should be achieved.

Carvana: Tactical Buy On Improving Unit Economics

Carvana's stock has seen an overall increase of 170% since our initial coverage on May 1, 2023. CVNA stock surged due to improved profitability. Concerns about Carvana's profitability are addressed by focusing on operating metrics rather than financials, as the company is still in the early stages of growth.

Carvana Continued Its Bear-Busting Journey

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Squeezing the Market: Riding the Rollercoaster of Short Squeeze Mania

On Thursday, online car-retailer Carvana announced an especially rosy outlook (i.e. forecasted record profits) for the second quarter of 2023, and investors responded by driving the company's stock price up 56% before the market closed.

Carvana nirvana? Shorted stock surges 56% as company predicts record profits

I hold a more positive view on Carvana Co. than many investors. Here I explain my changing investment theses with time. Calling the decline in Carvana Co. stock as well as calling the bottom. I then explain the core of the bull thesis. Carvana's balance sheet and its efforts to raise capital to repay debt.

News for Carvana Stock (CVNA)