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. (NYSE:CVNA ) Q4 2022 Results Conference Call February 23, 2023 5:30 PM ET Company Participants Ernie Garcia - CEO Mark Jenkins - CFO Conference Call Participants Sharon Zackfia - William Blair Chris Bottiglieri - Exane BNP Paribas Rajat Gupta - JP Morgan Seth Basham - Wedbush Securities Michael Montani - Evercore ISI Ron Josey - Citi Operator Good afternoon, and welcome to the Carvana Fourth Quarter and Full Year 2022 Earnings Conference Call. All participants will be in a listen-only mode.

Carvana Co. (CVNA) Q4 2022 Earnings Call Transcript

Carvana (CVNA) delivered earnings and revenue surprises of 57.83% and 6.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Carvana (CVNA) Reports Q4 Loss, Misses Revenue Estimates

Carvana Co. said it plans to complete a $1 billion reduction in operating costs by the second quarter of 2023 as the online car-sales company seeks to right itself without resorting to layoffs, after it snapped a streak of winning years in 2022.

Carvana seeks to reset after 2022 losses, plans $1 billion in cost reductions

Carvana Co said on Thursday its net loss rose over nine-fold in the fourth quarter hurt by shrinking demand for pre-owned vehicles, sending its shares down 5% in extended trade.

Carvana's net loss widens on cooling used car demand

PHOENIX--(BUSINESS WIRE)--Carvana, the leading e-commerce platform for buying and selling used cars online, announces fourth quarter and full year 2022 results.

Carvana Announces Fourth Quarter and Full Year 2022 Results

Should you invest in used-car retailer Carvana (NYSE: CVNA ) because a famous fund manager did? It's fine to follow the trades of financial “whales,” but Carvana is a troubled business.

George Soros Is Betting on Carvana Stock. That's a Mistake.

Block

Warner Bros Discovery Inc

In the first half-hour of Wednesday's regular session, the Dow Jones industrials had added 0.2%, the S&P 500 traded up 0.21% and the Nasdaq was up 0.31%.

Earnings Previews: Block, Carvana, Warner Bros Discovery

PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today announces its support for legislation sponsored by Illinois State Senator Patrick Joyce that will confirm that car dealers in Illinois can deliver cars to buyers' homes. Any resident can join the tens of thousands of Illinois customers who have already spoken out by telling their elected officials to help protect vehicle home delivery by going to DeliverMyCarHome.com.

Carvana Supports Legislation To Protect Car Delivery

DENVER--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today launched its newest Car Vending Machine, located in Denver, Colorado. The state-of-the-art steel and glass structure stands eight stories tall with a 27-vehicle capacity offering car buyers in the area another avenue to experience the New Way To Buy A Car®.

Carvana Unveils Newest Iconic Car Vending Machine in Denver

Bed Bath & Beyond

Canoo

Given the pressures we're seeing in many areas of the economy, it's no surprise that businesses are feeling the heat. That's got us looking at a few stocks on bankruptcy watch.

3 Stocks to Put on Bankruptcy Watch in 2023

PHOENIX--(BUSINESS WIRE)--Carvana, the industry pioneer for buying and selling used cars online, is celebrating ten years of creating exceptional customer experiences.

Carvana Turns 10, Celebrating A Decade of Disrupting The Automotive Industry

Carvana Co. (NYSE: CVNA) was supposed to be bankrupt by now.

Carvana Might Return

After falling more than 95%, can Carvana make a comeback or is it dead money?

Carvana Stock: Bull vs. Bear

Etsy

Which e-commerce stock should be in your shopping cart?

Better Buy: Carvana vs. Etsy

AMC Entertainment

ARK Innovation ETF

Coinbase

GameStop

Tesla

Retail traders bought up U.S. stocks at the fastest pace ever recorded in January, as inflows from traders using electronic brokerages surpassed the previous peak from the height of the meme-stock craze in 2021 according to data from Vanda Research.

Meme-stock era record falls: Retail traders dumped $1.5 billion a day into U.S. equities in January

PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, announced two marquee additions to the 2023 tournament prize payouts today at the commencement of the Carvana Grand Slam in Arizona. The 2023 Carvana Professional Pickleball Association (PPA) Tour already features the largest single-season prize purse in professional pickleball at $5.

Carvana Delivers Big, Adds Two Vehicles to the PPA Tour's Impressive 2023 Prize Package

Carvana (CVNA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Carvana (CVNA) Q4 Earnings Expected to Decline

PHOENIX--(BUSINESS WIRE)--Carvana ranks on Forbes' list of America's best employers for the third consecutive year.

Carvana Recognized As One Of America's Best Employers For Third Consecutive Year

Carvana's business model is being shaken to the core by factors it can't control.

3 Reasons to Steer Clear of Carvana Stock

Meme-stock traders on Reddit might be enamored with used-car retailer Carvana (NYSE: CVNA ), but does this mean you should expect a sustained rebound in CVNA stock? Before jumping into a hasty trade, consider Carvana's fundamentals.

Will Carvana (CVNA) Stock Go Back Up? Here's My Take.

C3.ai

Arrowhead Pharmaceuticals

Calix

Chegg

Enviva Partners

Peloton

Sotera Health

Wayfair

For many investors, investing in mid-cap stocks is considered to be a safe portfolio diversification strategy because mid-caps can offer better returns than large-cap stocks and tend to be more stable than their small-cap counterparts.

Here Are the 5 Best- and Worst-Performing Mid-Cap Stocks in January 2023

C3.ai and Carvana stocks are ripping higher in 2023.

Best Momentum Stock to Buy: C3.ai Stock vs. Carvana Stock

Netflix

NVIDIA

SoFi Technologies

Uber

Over the last few weeks, scores of stocks have come back stronger than ever. Unfortunately, many of those are now leading the list of stocks to avoid.

7 Stocks to Avoid Now That Everyone Loves Them

Can they keep climbing, or will their recent rallies fizzle out?

2 Growth Stocks That Already Doubled in 2023

Long-term investors can just as easily find themselves "squeezed" in this situation.

News for Carvana Stock (CVNA)