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.

August retail sales came in a bit stronger, with auto sales a bright spot. A looming UAW strike could give near-term upside to used car dealers, but maybe long-term headwinds.

Why Carvana Spiked Today

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The UAW, or United Auto Workers, is a prominent labor union in the United States that primarily represents workers in the automotive and related industries. Founded in 1935, the UAW is one of the largest labor unions in the country and has nearly one million members.

Largest Auto Strike in History Looms: Potential Winners & Losers

Shares of used-car retailers Carvana Co. CVNA, +12.08% rallied more than 12%, and shares of CarMax Inc. KMX, +3.05% rose around 2%, in midday trading Thursday, with just hours to go for a contract's expiration for autoworkers at Ford Motor Co. F, -0.87%, General Motors Co. GM, -0.53%, and Stellantis NV STLA, -1.16%. Union and companies remain far apart ahead of the 11:59 p.m.

Carvana, CarMax stocks rise ahead of autoworkers' contract expiration

NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to five classes of notes (eight tranches) issued by Carvana Auto Receivables Trust 2023-P4 (“CRVNA 2023-P4”), a prime auto loan ABS transaction. The transaction has initial hard credit enhancement levels ranging from 7.54% for the Class A notes to 0.50% for the Class D notes and 0.30% for the Class N notes. CRVNA 2023-P4, represents the sixth term ABS securitization for Carvana, LLC (“Carvana” or the “Company”) in 2023, the 12th under.

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2023-P4

Carvana Co. stock has appreciated by ~270% since February due to a squeeze that forced short sellers to cover their positions. There are reasons to believe that another squeeze could happen at any moment. Positive developments such as better-than-expected earnings and an improved economy further support the potential for a short squeeze.

Carvana: Short Squeeze Alert

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, announced today that it has adopted a Texas Department of Motor Vehicles (TxDMV) tool designed to make the car buying process more efficient. The feature is known as the electronic odometer and sales disclosure (“e-odometer”) process and is available through the TxDMV's innovative webDEALER system. Leveraging the e-odometer feature has helped Carvana successfully eliminate unnecessary p.

Carvana Adopts Texas DMV E-Odometer System, Further Streamlining the Car Buying Experience

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Thanks to a debt deal, Carvana shares have been on a tear in 2023. Carvana's total addressable market is incredibly large.

A Bull Market Could Be Here: 2 Reasons to Buy Carvana Stock

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NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to five classes of notes issued by Carvana Auto Receivables Trust 2023-N3 (“CRVNA 2023-N3”), an auto loan ABS transaction. Initial credit enhancement levels for CRNVA 2023-N3 range from 53.25% for the Class A notes to 6.65% for the Class E notes. Initial credit enhancement consists of overcollateralization, subordination (except for the Class E notes) and a reserve account funded at closing. CRVNA 2023-N3, represents the sixth term ABS.

KBRA Assigns Preliminary Ratings to Carvana Auto Receivables Trust 2023-N3

PHOENIX--(BUSINESS WIRE)--Legislation signed into law by Oregon Governor Tina Koteck will result in the Oregon Department of Transportation (ODOT) adopting rules that permit the use of electronic services in vehicle ownership. The legislation was introduced in January and sponsored by House Representative Susan McLain, Co-Chair of the Joint Transportation Committee, and passed unanimously in both the Oregon House of Representatives with a 57-0 vote, and in the Oregon State Senate in a 24-0 vote.

Carvana Champions New Oregon Law Digitizing Car Buying Experience

PHOENIX--(BUSINESS WIRE)--Carvana to Present at Upcoming Morgan Stanley 11th Annual Laguna Conference.

Carvana to Present at Upcoming Morgan Stanley 11th Annual Laguna Conference

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A short squeeze is when traders who heavily short a stock start to cover their short positions by buying back the stock. This increases demand for the stock, and it pushes the price higher, forcing other short sellers to buy back.

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Carvana's CEO and his father bought a huge amount of shares in the open market. The company completed its previously-announced debt exchange.

Why Carvana Surged This Week

Carvana's balance sheet has been the center of attention for investors in 2023. The company inked a deal that helped buy it more time to strengthen its finances.

Carvana's Used Car Sales Keep Falling. Should Investors Be Concerned?

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PHOENIX--(BUSINESS WIRE)--Carvana to Complete Debt Exchange with Over 96% of Noteholders.

Carvana to Complete Debt Exchange with Over 96% of Noteholders

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Short selling is a risky strategy that involves betting against a stock's price, hoping that it will fall and generate profits for the trader. However, when a stock rises instead of falls, short sellers face the risk of a short squeeze, which is a sudden and sharp increase in the stock's price due to high demand and low supply.

3 of Wall Street's Most Shorted Stocks Due for a Massive Short Squeeze

CHARLOTTE, N.C.--(BUSINESS WIRE)--Carvana now provides select customers in North Carolina with the speedy and convenient service of online purchasing with same day delivery.

News for Carvana Stock (CVNA)