Welcome to our dedicated page for Carvana news (Ticker: CVNA), a resource for investors and traders seeking the latest updates and insights on Carvana stock.
Carvana Co. operates an automotive e-commerce platform for buying and selling used vehicles online. Company news commonly covers retail unit growth, quarterly financial results, online vehicle shopping and selling features, financing and trade-in capabilities, and delivery or pickup options including same-day service in selected markets.
Updates also track Carvana's national operating infrastructure, including Inspection and Reconditioning Centers, ADESA wholesale auction sites, CARLI software used in reconditioning operations, and Car Vending Machine locations. Other recurring developments include stockholder actions, equity-related programs, market expansion, customer experience initiatives, and brand partnerships tied to the company's online auto retail model.
Carvana (CVNA) has expanded its same-day vehicle delivery service to customers in the greater Minneapolis–St. Paul area.
Eligible local buyers can now receive vehicles as soon as the same day they place an order on Carvana.com, while sellers can schedule same-day pickup or drop-off after completing the online appraisal process. The service leverages Carvana’s first-party logistics network and regional Inspection and Reconditioning Centers and is part of a same-day delivery offering that is already available in select markets across more than 20 states, with plans for further regional scaling.
Carvana (CVNA) will add Inspection and Reconditioning Center capabilities to its existing ADESA Charlotte wholesale auction facility in Charlotte, North Carolina.
The integration is expected to create about 100 new skilled and entry-level jobs over time and expand Carvana’s reconditioning capacity and local retail inventory. Customers in North Carolina are expected to gain broader vehicle selection and faster delivery options, including same-day delivery for nearby buyers, while wholesale customers gain enhanced on-site inspection and reconditioning services.
Root (NASDAQ: ROOT) announced an extension of its exclusive embedded insurance partnership with Carvana (NYSE: CVNA), covering Carvana Insurance Built with Root through at least August 2028. Launched in 2022, the integrated product offers a three-click auto insurance purchase embedded in Carvana’s online car-buying process. The partnership has surpassed 200,000 policies sold in less than four years, combining Carvana’s digital retail platform with Root’s data science-driven insurance technology to streamline buying a car and insurance in a single experience.
Carvana (NYSE: CVNA) plans to add Inspection and Reconditioning Center capabilities to its existing ADESA Brasher’s wholesale auction facility in Rio Linda, near Sacramento. The integration will expand reconditioning capacity, create about 100 new jobs over time, enhance local retail inventory, and maintain wholesale auction services on the 110-acre site.
Carvana (NYSE: CVNA) announced it has upsized and priced a new $1.66 billion Senior Secured Term Loan B. The company intends to use the proceeds, along with cash on hand, to redeem in full its 9.00% Senior Secured Notes due 2030, replacing its nearest secured maturity with longer-dated, lower-cost financing.
The Term Loan B is priced at one‑month Term SOFR + 225 bps, issued at 99.75% of principal, and will mature seven years after closing. Carvana expects this to reduce cash interest expense by about $45 million per year over the next four years on a leverage‑neutral basis and extend its debt maturity profile.
As of June 30, 2026, Carvana reported total debt of $5.24 billion, cash and cash equivalents of $2.63 billion, and net debt of $2.61 billion. Trailing twelve‑month Adjusted EBITDA was $2.59 billion, net income was $2.13 billion, with net debt to TTM Adjusted EBITDA at 1.0x and total debt to TTM net income at 2.5x.
Carvana (NYSE: CVNA)/b) announced that Chief Financial Officer Mark Jenkins will present to investors at the 2026 J.P. Morgan Automotive Conference. The presentation is scheduled for .
A live webcast and archived replay will be accessible via the Investor Relations section of Carvana’s website.
Carvana (NYSE: CVNA) reported record Q2 2026 results, with 197,325 retail units sold, a 38% YoY increase, and total revenue of $7.376 billion, up 52% YoY. Net income reached a record $513 million (up $205 million YoY), delivering a 7.0% net income margin. Adjusted EBITDA was a record $769 million (up $168 million YoY), with a 10.4% Adjusted EBITDA margin, and GAAP operating income rose to $680 million (up $169 million YoY).
According to Carvana, strong Q1 and Q2 performance positions the company for a strong second half. Assuming a stable environment, Carvana expects a sequential increase in Q3 retail units and projects full-year 2026 Adjusted EBITDA of $2.7–$3.0 billion, compared with $2.24 billion last year.
Carvana (NYSE: CVNA) announced the expansion of its same-day vehicle delivery service to customers in the greater Fort Myers, Florida area. Eligible buyers can receive cars the same day they place an order on Carvana.com, while sellers can schedule same-day pickup or drop-off after completing Carvana’s online appraisal process.
The service is supported by Carvana’s first-party logistics network and its Inspection and Reconditioning Center capabilities added in June to the ADESA Sarasota facility, which now helps enable same-day delivery for Fort Myers-area customers.
Carvana (NYSE: CVNA) expanded its same-day vehicle delivery and as-soon-as same-day pickup service to customers in the greater Milwaukee area. Eligible buyers can now receive cars the day they order, supported by Carvana’s logistics network and its enhanced ADESA Chicago inspection and reconditioning facility.
Carvana (NYSE: CVNA) will report its second quarter 2026 financial results for the period ended June 30, 2026, after market close on Wednesday, July 29, 2026. Management will host a conference call and live webcast at 5:30 p.m. ET (2:30 p.m. PT) to discuss the results.