Carvana is an innovative online platform that revolutionizes the process of buying and selling used vehicles. The company allows customers to browse a vast selection of cars through its website, providing detailed descriptions and visual assets to facilitate informed purchasing decisions. Carvana also offers unique features like home delivery and the option to sell or trade vehicles seamlessly, eliminating the traditional hassles associated with dealerships. With a focus on enhancing the customer experience, Carvana leverages technology to streamline every step of the automotive retail process, aiming to make car buying more convenient and accessible for consumers. Read More
ADESA, a leader in wholesale auto auctions and a subsidiary of leading online auto retailer Carvana (NYSE: CVNA), today announced the expansion of its CarValue™ vehicle valuation guide to include retail market value estimates and retail-bid spread calculations. These updates empower wholesale buyers with additional transparency, confidence, and convenience when bidding on ADESA’s digital auction platform. This launch is one of many recent enhancements ADESA has made as it continues to focus on using technology to deliver a more robust and efficient wholesale auction experience.
Carvana’s third quarter saw strong top-line growth and profitability, but the market responded negatively, with shares declining significantly after results. Management attributed the quarter’s performance to expanded inventory, increased reconditioning capacity, and operational efficiencies across logistics and finance. CEO Ernest Garcia highlighted the company’s improved delivery speed, with Phoenix as a pilot market for same-day and next-day delivery. While these initiatives contributed to new highs in retail units sold and revenue, management acknowledged that higher depreciation rates and advertising investment offset some efficiency gains.
With a nearly $70 billion market value, auto e-commerce leader Carvana is a core holding in dozens of funds, though recent bottom-line weakness gave investors a scare. Is it a warning or an opportunity?
Shares of online used car dealer Carvana (NYSE: CVNA)
fell 3.7% in the morning session after the company's recent earnings report sparked fears about its future performance, despite strong results.
Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling cars online, today announced a multi-year partnership with Stanford Athletics, the nation's all-time leader in NCAA team championships. As the Official Auto Retailer of Stanford Athletics, Carvana will bring its customer-first, tech-driven approach to the Cardinal campus, celebrating Stanford’s legacy of athletic tradition, academic excellence, and engaged community.
Online used car dealer Carvana (NYSE: CVNA) reported Q3 CY2025 results topping the market’s revenue expectations, with sales up 54.5% year on year to $5.65 billion.
Online used car dealer Carvana (NYSE: CVNA) reported revenue ahead of Wall Streets expectations in Q3 CY2025, with sales up 54.5% year on year to $5.65 billion.
Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, today announced financial results for the quarter ended September 30, 2025. Carvana’s complete third quarter 2025 financial results and management commentary are available in the company’s shareholder letter on the quarterly results page of its Investor Relations website.
Shares of online used car dealer Carvana (NYSE: CVNA)
jumped 3.3% in the afternoon session after investor optimism grew ahead of its third-quarter earnings report, scheduled for release on October 29. Wall Street expected the online used car platform to report a significant jump in earnings, with forecasts pointing to a year-over-year increase of over 100%. Revenue was also projected to climb by about 40% to over $5 billion.
