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.

Piper Sandler upgraded the used car retailer to buy, saying the company's recent selloff provided significant potential upside.

Carvana Is 'Grossly Undervalued,' Analyst Says. The Stock Is a Buy.

Shares of Carvana Co. were up 7% in premarket trading Monday after a Piper Sandler analyst turned bullish on the stock, writing that “many realistic scenarios” suggest the name is “grossly undervalued” despite declines in used-car prices.

Carvana stock looks ‘grossly undervalued' despite falling used-car prices, says analyst

Li Auto Inc.

Lordstown Motors

The automotive market is currently going through massive changes while dealing with supply chain woes and an economy on the verge of recession. So, it's fairly easy to identify automotive stocks with troubles presently.

3 Auto Stocks to Sell Now

New York, New York--(Newsfile Corp. - September 11, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Carvana Co. (NYSE: CVNA) between May 6, 2020 and June 24, 2022, both dates inclusive (the "Class Period"), of the important October 3, 2022 lead plaintiff deadline in the securities class action commenced by the firm.

ROSEN, THE FIRST FILING FIRM, Encourages Carvana Co. Investors to Secure Counsel Before Important Deadline in Securities Class Action Initiated by the Firm - CVNA

NEW YORK , Sept. 9, 2022 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Carvana Co. (NYSE: CVNA) between May 6, 2020 and June 24, 2022, both dates inclusive (the "Class Period"), of the important October 3, 2022  lead plaintiff deadline in the securities class action commenced by the firm.

ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Carvana Co. Investors to Secure Counsel Before Important Deadline in Securities Class Action Initiated by the Firm - CVNA

Jimmie Johnson's IndyCar sponsor, Carvana, has agreed to return in 2023, but Johnson isn't sure how many races — or which series — he will be racing next season.

Carvana Agrees To Return With Jimmie Johnson In 2023, But For Which Series?

San Francisco, California--(Newsfile Corp. - September 9, 2022) - Hagens Berman urges Carvana Co. (NYSE: CVNA) investors who suffered significant losses to submit your losses now.Class Period: May 6, 2020 - June 24, 2022Lead Plaintiff Deadline: Oct. 3, 2022Visit: www.hbsslaw.com/investor-fraud/CVNAContact An Attorney Now: CVNA@hbsslaw.com844-916-0895Carvana Co. (NYSE: CVNA) Securities Fraud Class Action: The action challenges Defendants' statements touting Carvana's growth in retail units sold purportedly driven by the Company's incr

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Encourages Carvana (CVNA) Investors with Significant Losses to Contact the Firm's Attorneys, Securities Class Action Pending

Philadelphia, Pennsylvania--(Newsfile Corp. - September 9, 2022) - According to recently filed class action complaints, Carvana (NYSE: CVNA) and its officers and directors made materially false and misleading statements regarding the Company's business, operations, and compliance policies. As a result of its business practices, Carvana has faced regulatory actions including license suspensions, business cessation, and probation in several states and including in Arizona, Illinois, Pennsylvania, Michigan, and North Carolina. State regulators across the U.S.

Shareholder Alert: Grabar Law Office Investigates Potential Claims Against Officers and Directors of Carvana Co. (CVNA)

Los Angeles, California--(Newsfile Corp. - September 9, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Carvana Co. ("Carvana" or "the Company") (NYSE: CVNA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

SHAREHOLDER ACTION REMINDER: The Schall Law Firm Encourages Investors in Carvana Co. with Losses of $100,000 to Contact the Firm

A class action lawsuit against Carvana Co.

Fortune 500 top gainer Carvana tied up in fresh lawsuit to recover investor losses

New York, New York--(Newsfile Corp. - September 8, 2022) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Carvana Co. (NYSE: CVNA) between May 6, 2020 and June 24, 2022, both dates inclusive (the "Class Period"), of the important October 3, 2022 lead plaintiff deadline in the securities class action commenced by the firm.

ROSEN, A LEADING LAW FIRM, Encourages Carvana Co. Investors to Secure Counsel Before Important Deadline in Securities Class Action Filed by the Firm - CVNA

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, makes its vehicle financing qualification process even easier by offering Nashville residents the ability to add a co-signer to buy the vehicle they love. By sharing responsibility for the vehicle loan, Carvana customers in Nashville who qualify may unlock more attractive financing offers, including lower down payments, lower interest rates, or lower monthly payments. Adding a co-signer

Carvana Continues Rolling out New Co-Signer Financing in Nashville

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, makes its vehicle financing qualification process even easier by offering Memphis residents the ability to add a co-signer to buy the vehicle they love. By sharing responsibility for the vehicle loan, Carvana customers in Memphis who qualify may unlock more attractive financing offers, including lower down payments, lower interest rates, or lower monthly payments. Adding a co-signer cou

Carvana Continues Rolling out New Co-Signer Financing in Memphis

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, makes its vehicle financing qualification process even easier by offering Knoxville residents the ability to add a co-signer to buy the vehicle they love. By sharing responsibility for the vehicle loan, Carvana customers in Knoxville who qualify may unlock more attractive financing offers, including lower down payments, lower interest rates, or lower monthly payments. Adding a co-signer

Carvana Continues Rolling Out New Co-Signer Financing in Knoxville

Investors in Arizona-based Carvana (NYSE: CVNA ) haven't had a great 2022 so far. The worst probably isn't over for CVNA stock yet, though.

Why Carvana Is One of the Worst Stocks to Own

Philadelphia, Pennsylvania--(Newsfile Corp. - September 8, 2022) - According to recently filed class action complaints, Carvana (NYSE: CVNA) and its officers and directors made materially false and misleading statements regarding the Company's business, operations, and compliance policies. As a result of its business practices, Carvana has faced regulatory actions including license suspensions, business cessation, and probation in several states and including in Arizona, Illinois, Pennsylvania, Michigan, and North Carolina. State regulators across the U.S.

Grabar Law Office Investigates Potential Shareholder Claims Against Officers and Directors of Carvana Co. (CVNA)

Los Angeles, California--(Newsfile Corp. - September 8, 2022) - The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Carvana Co. ("Carvana" or "the Company") (NYSE: CVNA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Carvana Co. with Losses of $100,000 to Contact the Firm

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, makes its vehicle financing qualification process even easier by offering Richmond residents the ability to add a co-signer to buy the vehicle they love. By sharing responsibility for the vehicle loan, Carvana customers in Richmond who qualify may unlock more attractive financing offers, including lower down payments, lower interest rates, or lower monthly payments. Adding a co-signer c

Carvana Continues Rolling out New Co-Signer Financing in Richmond

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, makes its vehicle financing qualification process even easier by offering Chesapeake residents the ability to add a co-signer to buy the vehicle they love. By sharing responsibility for the vehicle loan, Carvana customers in Chesapeake who qualify may unlock more attractive financing offers, including lower down payments, lower interest rates, or lower monthly payments. Adding a co-sign

Carvana Brings New Co-Signer Financing to Chesapeake

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, makes its vehicle financing qualification process even easier by offering Arlington residents the ability to add a co-signer to buy the vehicle they love. By sharing responsibility for the vehicle loan, Carvana customers in Arlington who qualify may unlock more attractive financing offers, including lower down payments, lower interest rates, or lower monthly payments. Adding a co-signer

Carvana Launches Co-Signer Financing in Arlington

PHOENIX--(BUSINESS WIRE)--Carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, makes its vehicle financing qualification process even easier by offering Virginia Beach residents the ability to add a co-signer to buy the vehicle they love. By sharing responsibility for the vehicle loan, Carvana customers in Virginia Beach who qualify may unlock more attractive financing offers, including lower down payments, lower interest rates, or lower monthly payments. Adding a

Carvana Debuts Co-Signer Financing in Virginia Beach

SAN FRANCISCO , Sept. 7, 2022 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential derivative claims on behalf of shareholders of Carvana Co. (NYSE: CVNA) relating to possible misconduct by certain of its officers and directors.

SHAREHOLDER ALERT: Carvana Co. (CVNA) Officers and Directors Under Investigation for Possible Breaches of Fiduciary Duty

CARMEL, Ind.--(BUSINESS WIRE)--ADESA, one of the leading wholesale auction providers in the U.S., announces the launch of a new condition report feature to showcase battery performance of electric vehicles (EV). Powered by Recurrent—an EV battery and range analytics company—the EV Range Score is available on the majority of used electric vehicles that transact on the U.S. market, providing buyers with more transparency and confidence when purchasing EVs. “Electric vehicle adoption continues to

ADESA Launches Electric Vehicle Battery Performance Feature to Empower US Dealers

Carvana has some questions to answer as the economy changes.

How Far Can Beaten-Down Carvana Stock Take Investors?

The online used car dealer is still struggling to adapt to changing consumer preferences.

News for Carvana Stock (CVNA)