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's shares jumped more than 30% following its Q1 2024 earnings release.  The stock has surged by an impressive 3,100% from its December 2022 low.

Carvana's Turnaround Could Be Just Beginning

ATLANTA--(BUSINESS WIRE)--Following the success of last year's events, Carvana, an industry pioneer for buying and selling used cars online, is celebrating Mobility Awareness Month with its second annual Pickleball for All event – an accessible pickleball exhibition and clinic for athletes of all abilities. Alongside the Professional Pickleball Association (PPA Tour), the event aims to lower the barrier of entry to the sport of pickleball for the millions of Americans who live with physical or.

Carvana Continues to Champion Accessibility, Teams up With Special Olympics Georgia for Second Annual Pickleball for All Event in Atlanta

Carvana has adjusted well to unprecedented changes in the used car market.

Carvana Stock Is Soaring. Is It Too Late to Buy?

Carvana earned $4.12 per share in 2023, a vast improvement over the $15.74 EPS loss in 2022, and $0.24 EPS in Q1 2024. 2023 results were helped by debt refinancing efforts and the 2024's Q1 benefited from the fair value gain on a warrant.

Carvana's Debt Problems Haven't Gone Away. Investors Should Keep a Close Eye On These 3 Things

The revival of Carvana's stock from its 2022 lows has brought a titanic rise in the fortunes of its CEO and his father, who bankrolled the company at its launch.

Carvana stock rebound boosts fortunes of CEO and his dad by billions

Carvana reported strong unit volume growth and profitability in Q1 2024. The stock is likely so volatile because of its high short interest.

Why Carvana Stock Zoomed 44% Higher This Week

Carvana (CVNA) puts up a solid first-quarter show, registering a record adjusted EBITDA margin of 7.7%. It expects a year-over-year increase in its retail sales units and adjusted EBITDA in 2024.

Carvana (CVNA) Q1 Loss Narrower Than Expected, Sales Rise Y/Y

Carvana NYSE: CVNA is a renowned online used car retailer known for its innovative approach to car buying. Carvana's earnings report for the first quarter of 2024 has recently been released, and the report has defied Carvana's analyst community expectations.

Carvana's Q1 Earnings: A Profitability U-Turn

With the recent impressive surge in the price of shares of online used-car dealer Carvana (NYSE: CVNA) after the release of a better-than-expect Q1 earnings report, their short sellers have accumulated face-melting losses, with figures nearing $4 billion in one year.

Carvana stock short sellers lose $3.9 billion as CVNA surges

Luminar Technologies

Upstart Holdings

For those looking for short-squeeze stocks to buy, I would first like to let you know a few key things. These are the types of stocks that retail investors chase for big-time returns, and while it is up to you to decide what you do with your money, I would still warn that steering clear of companies that have very high dilution and cash burn is usually the smart move.

3 Stocks to Buy ASAP for a Massive 1,000% Short Squeeze

Wall Street lavished praise on Carvana Co.'s “epic turnaround” on Thursday following a surprise quarterly profit for the used-car retailer, which not too long ago had skirted close to bankruptcy.

Here's how Carvana pulled off its ‘epic turnaround'

Carvana stock is rallying following a strong first-quarter earnings report. Here's what you need to know.

Carvana Stock Surges on Surprise Profit

Shares of Carvana (CVNA) skyrocketed after the online used car retailer issued an upbeat outlook for the current quarter and had its best financial results ever as it made more money per sale and cut costs.

Fallen Pandemic Star Carvana Roars Back into Gains With Bullish Outlook, Q1 Beat

Carvana beat on sales and reported a surprise profit last night. Its profit only came about due to an accounting quirk.

Why Carvana Stock Just Jumped 34%

As Carvana Co.'s stock soared 35% on Thursday after the used-car retailer swung to a surprise profit, investors were also snapping up the company's high-yield bonds, which were seeing net buying after the news.

Carvana's high-yield bonds are rallying along with stock after surprise profit

Carvana (NYSE: CVNA ) stock is on the move Thursday after the used car retailer's share got a new price target from JPMorgan analyst Rajat Gupta. This has the JPMorgan analyst increasing his price target for CVNA stock from $70 per share to $130 per share.

JPMorgan Just Raised Its Price Target on Carvana (CVNA) Stock

Carvana Co (NYSE:CVNA) stock is surging today, up 35% to trade at $117.69, after the  online used-car retailer reported first-quarter earnings of 23 cents per share -- much higher than the expected loss of 64 cents -- on revenue of $3.1 billion.

Unpacking Carvana's Blockbuster Earnings Report

The company just reported a revenue beat, a jump in vehicles sold at retail, and upbeat forecasts.

Carvana Was Once Left for Dead. Earnings Show Stock Can't Be Stopped.

Shares of Carvana Co. are going through the roof in premarket trading this morning after the online used-car retailer posted what its CEO and CFO called its “best financial results in company history.” Carvana stock (ticker: CVNA) is up over 37% in premarket trading as of the time of this writing to $119.49 per share.

Carvana stock price is soaring after the ‘best financial results in company history'

Carvana (NYSE: CVNA ) stock is rocketing higher on Thursday after the used-car retailer posted its earnings report for the first quarter of 2024. Carvana starts its report strong with adjusted earnings per share of 23 cents.

Why Is Carvana (CVNA) Stock Up 36% Today?

Used car vending machine operator Carvana Co. (NYSE:CVNA) flew nearly 40% higher in Thursday's pre-market trades following a surprisingly bullish first-quarter result and upbeat sales forecast. Carvana brokered 91,878 unit sales in the quarter, a 16% year-over-year increase, bringing in total revenues of $3.06 billion, a 17% increase.

Covid darling Carvana hits two-year high after surprisingly strong first quarter

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Large-cap growth funds have been in the sweet spot for a few years now, thanks to megacap tech holdings.

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Carvana (NYSE: CVNA) stock price has risen from the ashes, becoming one of the best performing companies in Wall Street. It jumped by more than 30% in the pre-market session, reaching a high of $121.7, its highest level since April 2022.

Carvana (CVNA) stock forecast: the train left the station long ago

Carvana (NYSE: CVNA) turned the tide on its recent challenges. Previously, it grappled with declining sold vehicles and a surplus of used cars, raising concerns about potential bankruptcy in 2022.

News for Carvana Stock (CVNA)