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. shares have surged ~85% since September, driven by a strong earnings report and a successful turnaround from 2021 lows, making shares a strong buy. CVNA Q3 earnings exceeded expectations with an EPS of $1.14 and $3.66 billion in revenue, showcasing Carvana's rapid and impressive turnaround. Carvana's innovative digital platform and customer-centric features are key to its market share growth in the $1 trillion used car industry.

Carvana: Turnaround Is Complete, 2025 Looks Exciting

LAS VEGAS--(BUSINESS WIRE)--Carvana (NYSE:CVNA), an industry pioneer for buying and selling used cars online, today announced the expansion of its same day vehicle delivery offering to the greater Las Vegas, Nevada area. Select Las Vegas area residents can now take delivery of a vehicle purchase as soon as the same day they place an order on Carvana.com. “I live 30 minutes from my parents, so trying to schedule time to visit multiple dealerships with them just wasn't working out—especially sinc.

Carvana Expands Same Day Delivery to Las Vegas

PHOENIX--(BUSINESS WIRE)--Carvana Co. (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced that Mark Jenkins, Carvana's Chief Financial Officer, will present to the investor community and host meetings at the conference. 2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunication Conference Presentation Date and Time: Wednesday, November 20, 2024, at 8:00 AM ET* Location: InterContinental New York Barclay, 111 E 48th Street, New Y.

Carvana to Present at Upcoming RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference

Shares of Carvana have continued to rally after a very strong Q3 earnings print, bringing YTD gains to above 400%. Driven by accelerating sales growth as well as meaningful GPU expansion in Q3, I'm also upgrading Carvana to a neutral rating. Carvana notes that it's still below target inventory levels, indicating that growth could have been even stronger with higher availability.

Carvana: I Was Wrong, This Stock Is A Powerhouse, But Don't Get Carried Away (Rating Upgrade)

PHOENIX--(BUSINESS WIRE)--Carvana, an industry pioneer for buying and selling used cars online, today launched a new broadcast campaign starring seven-time NASCAR champion Jimmie Johnson. The commercial highlights Carvana's same day vehicle delivery service, allowing customers to receive their car in less than 24 hours after placing an order on carvana.com. “After several successful seasons with Jimmie, we couldn't be more excited to have him star in a Same Day Delivery campaign,” said Ryan Kee.

Carvana and Jimmie Johnson Redefine Fast In Same Day Delivery Ad Campaign

Up 3200% over the last two years, this former pandemic-era stock has made a remarkable comeback after seemingly being shoved to the side.

This Former Pandemic Stock is Quietly Crushing the Market

Zacks.com users have recently been watching Carvana (CVNA) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Investors Heavily Search Carvana Co. (CVNA): Here is What You Need to Know

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Carvana Co. (NYSE: CVNA), a leading e-commerce platform for buying and selling cars, has captured significant investor attention following notable insider trading activity by its Chief Product Officer, Daniel J. Gill.

Monster insider trading alert for Carvana (CVNA) stock

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The stock market is a complex and ever-changing ecosystem where prices fluctuate in response to multiple factors. Company earnings, economic data, investor sentiment, and geopolitical events all play a significant role in shaping the market's trajectory, often leading to a dynamic and volatile interplay of positive and negative stock price movements.

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At some point, even the best of stocks can simply be too expensive, and valuation can drag on performance.

Carvana, Costco, and 12 More Stocks Are Flashing a Warning

Rising demand for used cars helped online used-vehicle retailer Carvana (CVNA) blow away profit and sales estimates and boost its full-year outlook. The company's shares soared Thursday.

Carvana Stock Rockets as Profit, Sales Jump on Rising Demand for Used Cars

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Whenever there's a broad-market selloff , its always fun to look through the rubble and pick out the contrarian stocks making outsized moves higher.

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Carvana Co (NYSE: CVNA) has had a stunning journey from near bankruptcy all the way up to expectations of more than $1.2 billion in adjusted EBITDA this year.

Carvana stock: it's time you moved to the sidelines

Carvana Co. CVNA reported better-than-expected third-quarter financial results on Wednesday.

These Analysts Boost Their Forecasts On Carvana After Strong Q3 Results

Carvana stock appears to be on the right path to growth.

Why Carvana Stock Soared 20% After Earnings

Here is how Carvana (CVNA) and Nordstrom (JWN) have performed compared to their sector so far this year.

Is Carvana (CVNA) Outperforming Other Retail-Wholesale Stocks This Year?

Carvana stock is surging Thursday after the used car retailer's third-quarter earnings beat, but one analyst thinks there's even more room to run.

Carvana Stock: Why One Analyst Sees Even More Upside After Earnings

For full-year 2024, Carvana expects adjusted EBITDA to be significantly above the high end of the prior guided range of $1-$1.2 billion.

CVNA Puts Up Stellar Q3 Show: Earnings & Sales Top Estimates, Rise Y/Y

On October 30, Carvana (NYSE: CVNA), a leading e-commerce platform for purchasing and selling cars announced its Q3 2024 results.

Analysts revise Carvana stock price targets

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Shares in Carvana Co. (NYSE:CVNA) 'motored' 20% after the online used car specialist posted a strong quarterly performance, with adjusted earnings (EBITDA) hitting $429 million, well above analyst expectations of $326.8 million. Revenue for the quarter rose to $3.66 billion, surpassing the forecast of $3.46 billion.

Carvana shares motor 20% after earnings beat

Carvana (CVNA) shares soared in extended trading on Wednesday after the online car dealer blew past Wall Street's third quarter estimates and raised its full-year outlook, boosted by strong vehicle sales.

Carvana Levels to Watch as Stock Jumps 20% on Strong Earnings, Outlook Boost

The headline numbers for Carvana (CVNA) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Carvana (CVNA) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Carvana Co. (NYSE:CVNA ) Q3 2024 Earnings Conference Call October 30, 2024 5:30 PM ET Company Participants Meg Kehan – Investor Relations Ernie Garcia – Chief Executive Officer Mark Jenkins – Chief Financial Officer Conference Call Participants Sharon Zackfia – William Blair Adam Jonas – Morgan Stanley Jeff Lick – Stephens Inc. Chris Bottiglieri – BNP Paribas Michael McGovern – Bank of America Chris Pierce – Needham Seth Basham – Wedbush Securities Brian Nagel – Oppenheimer Rajat Gupta – JPMorgan John Healy – Northcoast Research Nick Jones – Citizens JMP Operator Good day, and welcome to the Carvana Third Quarter 2024 Earnings Call. All participants will be in listen-only mode.

News for Carvana Stock (CVNA)