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. CVNA shares traded higher Thursday amid volatility in high short interest stocks.

Carvana Options Traders Are Betting The Stock Will Rally By This Much In The Coming Week - Carvana (NYSE:CVNA)

Carvana Co. CVNA, +46.00% is cutting more staff as sales fall and it tries to rein in costs and conserve cash to cover more than $7 billion of debt, the Wall Street Journal reported Friday, citing employees and industry analysts. The online used-car seller has been quietly letting staff go, reducing hours and leaving open positions unfilled, the paper reported, citing current and former employees and internal emails.

Carvana cutting more staff as sales continue to decline: WSJ

Carvana is cutting staff during a continuing sales slowdown, as it tries to conserve cash to keep up with payments on $7 billion of debt.

Carvana Cuts Workers Amid Slowing Sales and Debt Squeeze

Carvana stock is the internet pure-play with the highest upside. CVNA might also go belly up.

Carvana: Why Millennials Should Make A Small Investment Now

PHOENIX--( BUSINESS WIRE )--Carvana, the industry pioneer for buying and selling used cars online, announced a new nationwide sweepstakes today, offering the VIP treatment with seven-time NASCAR champion Jimmie Johnson as he returns to Daytona Beach, Florida for one of the biggest races of the year. The most decorated racer of all time couldn't stay away from one of the sport's most prestigious events for too long, and now Carvana and Johnson have teamed up to give one lucky Carvana Racing fan the experience of a lifetime at this year's big event. Also debuting today is Johnson's brand new paint scheme, championing No. 84 as a detailed homage to his storied racing career, now under the newly minted Legacy Motor Club banner.

Carvana, Jimmie Johnson Rev Up Racing Season With The Carvana Racing Sweepstakes, Unveil New Legacy Motor Club Paint Scheme

Shares of Carvana Co. CVNA, +23.87% soared 24.7%, enough to pace the New York Stock Exchange's gainers, even though the online used-car retailer hasn't released any news. Trading volume swelled to 33.3 million shares, already well above the full-day average over the past 30 days of 20.5 million shares.

Carvana stock soars to lead NYSE gainers on heavy volume

Bed Bath & Beyond

Some hard-hit stocks were jumping considerably on Wednesday.

Investors, Beware: Short Squeezes Are Back

Shares of the online dealer in used cars jumped on a short squeeze.

Why Carvana Stock Was Flying Higher Today

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Wayfair

Shorting stocks is still a viable strategy for experienced investors who are active in the stock market. Here is a look back at the most shorted stocks of December 2022.

Looking Back At The 10 Most Shorted Stocks Of December 2022

PHOENIX--( BUSINESS WIRE )--Carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, is set to serve up happiness across 25 tour stops as the title sponsor of the Professional Pickleball Association (PPA) for the 2023 season. With Carvana primed to be an engine for pickleball's meteoric growth this season, America's fastest growing sport is positioned to attract millions of new fans and players alike this year. The season kicks off on January 12 - 15, with the Hyundai Masters at the Mission Hills Country Club, located in Rancho Mirage, California. Additional tour stops on the 2023 circuit include the JW Marriott Desert Ridge Open and the Carvana Arizona Grand Slam, the Florida Open in Dayton Beach, the Tournament of Champions taking place in Brigham City, Utah, Orlando's Hertz International Championship, and many more. What's more—this year, Carvana will bring its forward-thinking approach to fan engagement to pickleball for the first time, debuting the Carvana Court Fan Zone experience at eight of this year's tour stops.

Carvana Professional Pickleball Association Announces 25-Stop Multi-City Tour Circuit for 2023

Affirm

Novavax

Opendoor

Investors looking forward to a better year for the stock market might figure the worst performers will deliver the best gains, but history indicates otherwise.

These Stocks Were 2022's Worst. That Doesn't Make Them Buys.

The online used car dealer has endured a remarkable collapse.

Why Is Everyone Talking About Carvana Stock?

Carvana increasingly shows that it can't carry its debt.

What the Smartest Investors Know About Carvana Stock

Carvana faces numerous headwinds this year.

3 Reasons to Sell Carvana Stock in 2023

Lamb Weston Hlds

Madrigal Pharmaceuticals

Short holdings had a return of 30.8% in 2022 as the market slid.

Traders who bet against stocks made a killing in 2022, as short sellers netted $300 billion

Liquidity concerns are rising as the company struggles to move inventory.

Why Carvana Stock Dropped 39% In December

Lucid Group

Rivian Automotive

What does Tesla's bad news mean for its competitors?

Why Lucid, Rivian, and Carvana Stocks Sank Today

WeWork

Bankruptcies have been falling in the United States despite the challenging macroeconomic conditions of the past few years. However, 2023 could be a different year, with rising defaults by technology companies as their stock prices dwindle and financing dries.

3 tech fallen angels that could go bankrupt in 2023

The online used car dealership faces an existential crisis.

Where Will Carvana Stock Be in 1 Year?

Carvana was cruising -- then everything changed.

Is This the Final Straw for Carvana Stock?

Skillz

Investors are, for the moment, willing to overlook the challenges facing these businesses.

"Risk On" Trade Pushes Carvana, Silvergate, and Skillz Higher Today

The stock might just have reached its bottom.

Why Carvana Motored 3% Higher Today

Wedbush analyst Seth Basham maintains his Underperform rating on shares of Carvana and12-month price target of $1.

'Nowhere to Hide' for Carvana as Used-Car Prices Fall, Analyst Says

Alphabet

CarMax

Match Group

Occidental Petroleum

PayPal

These two investors take opposite sides of the debate but agree there are still good stocks to buy in either scenario.

Will There Be a Bull Market in 2023?

There is a clear bias in used car stocks that has CarMax set up to outperform Carvana in 2023 and beyond that includes institutions and short-sellers.

News for Carvana Stock (CVNA)