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 stock on Wednesday was in danger of posting its second-worst — and possibly its worst — day on record, on heavy volume and amid growing concerns about its ability to remain a going concern, according to a number of reports about the used-car retailer.

Carvana stock tumbles 35%, risking worst day on record as bankruptcy fears rev up

Shares of Carvana trade below $5 a share for the first time since the company went public in 2017.

Carvana Stock Plunges 33% As Bankruptcy Risk Rises, Says Wedbush

Carvana investors are fleeing as speculation swirls over the used car retailer's survival. Shares fell more than 30% during Wednesday's trading session.

Carvana stock slides on bankruptcy risk

Wedbush Securities sees an increasing risk that the used car seller will file for bankruptcy.

Why Carvana Stock Crashed Today

Shares of Carvana Co fell 40% in morning trade on Wednesday after Wedbush raised the possibility of a debt default by the used-car retailer, which would increase the risk of bankruptcy, and cut its price target to a Wall Street low of $1.

Used-car retailer Carvana slumps after Wedbush says bankruptcy risk rising

Carvana Co. shares CVNA, -39.49% were falling about 30% in morning trading Wednesday after Wedbush analyst Seth Basham downgraded the stock to underperform from neutral, writing of his view that the company's bankruptcy risk is rising. He mentioned a Bloomberg report describing a pact between some of Carvana's large creditors like Apollo Global Management and PIMCO that is meant to avoid brutal fighting among creditors in the event of a debt restructuring.

Carvana downgraded at Wedbush on restructuring concerns, stock slammed

Carvana (NYSE: CVNA ) stock is plunging 38% today and trending on social media. The troubled online auto dealer's shares are tumbling after Bloomberg reported the company's largest creditors had signed an agreement regarding restructuring talks.

Carvana (CVNA) Stock Plunges as Cash Crunch Worsens

Shares of Carvana plummeted by nearly 40% after its largest creditors reportedly signed a deal binding them to act together in negotiations.

Carvana shares tank as bankruptcy concerns grow for used car retailer

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Carvana's corporate debt issue maturing in 2029 is trading at just 32 cents, distressed levels that are associated with an imminent bankruptcy filing.

Carvana plunges 30% as major creditors reportedly form pact to cooperate on restructuring

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Investors are wondering what could come next for the broader stock market.

As Markets Sink, These 2 Consumer Stocks Fell Hard Wednesday

Carvana Co. CVNA, -5.49% creditors led by Apollo Global Management Inc. APO, -1.95% and Pacific Investment Management Co. inked an agreement to team up in credit talks with the company in a move to avoid the conflicts that have arisen in other debt restructurings, Bloomberg reported Wednesday. Firms holding 70% or about $4 billion of Carvana's unsecured debt have signed the cooperation agreement, the report said, citing unnamed sources.

Carvana creditors ink cooperation agreement ahead of expected cash crunch for used car seller: Bloomberg

Carvana has sufficient liquidity resources from 2.6 billion of inventory, and $2 billion of real estate that will cover expected cash outflows from operations, capex, and interest expenses through 2023. Equity financing will be an option for Carvana if needed. Ernie Garcia II, who owns 41% of the company equity, has a strong incentive to rescue the company.

Carvana: A Great Contrarian Investing Opportunity

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A weak earnings report and layoffs weighed on the used car dealer.

Why Carvana Plunged 43% in November

Shares of Carvana (NASDAQ: CVNA ) have fallen by more than 95% year-to-date, leading to a steady stream of insiders lining up to buy the dip. The decline in CVNA stock has been led by falling used car prices and lowered consumer spending, which has been detrimentally affected by consistent inflation.

Insiders Are Buying Up Carvana (CVNA) Stock Right Now

Some investors regained their optimism in Carvana after the Fed indicated it would slow the severity of its rate increases.

Why Carvana's Stock Is Rising Fast Today

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Another analyst downgraded the company's stock.

Why Carvana Stock Is Volatile Today

Carvana Co (NYSE: CVNA) is trading down this morning after a Bank of America analyst cited “cash crunch” and warned the stock could ultimately go to “zero”.

Carvana stock could go to zero dollar: Bank of America

Carvana (NYSE: CVNA ) stock is taking a beating on Wednesday after Bank of America analyst Nat Schindler blasted the company's shares in a report. The new coverage from Schindler includes a potential price target of $0 per share for CVNA stock.

Carvana (CVNA) Stock Could Hit $0

Shares of the used-car seller plunged before BofA Securities downgraded. BofA isn't alone in riding Carvana stock down.

News for Carvana Stock (CVNA)