News

Online used car dealer Carvana (NYSE: CVNA) reported Q2 CY2025 results , with sales up 41.9% year on year to $4.84 billion.
Carvana's acquisition of ADESA in 2022, initially seen as risky, has proven beneficial for operational efficiency and cost reduction, with SG&A decreasing by 1000 basis points since 2016.
TEMPE, Ariz. (AP) — TEMPE, Ariz. (AP) — Carvana Co. (CVNA) on Wednesday reported second-quarter net income of $183 million. On a per-share basis, the Tempe, Arizona-based company said it had net ...
For the quarter ended June 2025, Carvana (CVNA) reported revenue of $4.84 billion, up 41.9% over the same period last year. EPS came in at $1.28, compared to $0.14 in the year-ago quarter. The ...
Carvana (NYSE:CVNA), a leading e-commerce platform for buying and selling cars, has released its earnings for the fourth quarter of 2024, detailed on February 19, 2025. The highlight of the ...
Carvana is trading at a forward sales multiple of 2.54X, way above its median of 0.69X, over the last three years. KMX’s forward sales multiple sits at 0.45X, slightly above its median of 0.43X ...
Then there was Carvana's per-unit revenue for retail vehicles: it fell 4.5% to $22,312 in the quarter, from $23,354 in the fourth quarter of 2023 and roughly in line with company expectations.
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.