Every 10-Q that Carvana (CVNA) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow CVNA and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full CVNA filings page.
Carvana Co. reported higher revenue and earnings for the quarter ended June 30, 2026. Net sales and operating revenues were $7,376 million, up from $4,840 million a year earlier, with gross profit of $1,384 million. Net income attributable to Carvana Co. rose to $310 million from $183 million, and diluted earnings per Class A share increased to $0.42 from $0.26. For the first six months, revenues reached $13,808 million and net income attributable to Carvana Co. was $560 million.
Total assets were $14,552 million, including cash and cash equivalents of $2,630 million and vehicle inventory of $3,263 million. Total liabilities were $9,414 million, with total debt of $5,133 million and a tax receivable agreement liability of $2,130 million. Retained earnings turned positive at $551 million, lifting total stockholders’ equity to $5,138 million. Operating activities provided $345 million of cash in the first half of 2026.
The company executed a five-for-one forward stock split in May 2026 and continues to finance its operations and loan originations through asset-based facilities, securitizations and loan sale agreements. Ally’s committed forward flow purchase capacity was expanded to $8.0 billion of finance receivables between July 27, 2026 and July 26, 2027, and fixed-pool loan sale agreements provide up to $12 billion of additional capacity through 2027.
Carvana Co. reported strong growth for the three months ended March 31, 2026. Net sales and operating revenues rose to $6.4 billion, up from $4.2 billion a year earlier, driven mainly by retail vehicle sales of $4.8 billion and wholesale revenues of $1.1 billion.
Gross profit increased to $1.3 billion while operating income improved to $581 million. Net income reached $405 million, compared with $373 million in 2025, with $250 million attributable to Carvana Co. Class A stockholders, or $1.69 diluted EPS. Cash and cash equivalents were $2.4 billion and total assets were $13.8 billion against total liabilities of $9.1 billion, including $5.0 billion of debt and a $2.2 billion tax receivable agreement liability. The company also sold sizable volumes of finance receivables through forward flow, securitization, and fixed pool sales while retaining $492 million of beneficial interests in securitizations.
Carvana (CVNA) reported stronger Q3 2025 results. Net sales and operating revenues were $5,647 million, up from $3,655 million a year ago. Gross profit rose to $1,148 million from $807 million, and operating income increased to $552 million from $337 million. Net income attributable to Carvana Co. was $151 million versus $85 million, with diluted EPS of $1.03 (up from $0.64).
Interest expense declined to $125 million from $157 million. Cash and cash equivalents were $2,142 million as of September 30, 2025, compared with $1,716 million at year-end 2024. Long-term debt (excluding current portion) decreased to $4,810 million from $5,256 million, aided by the voluntary redemption of $559 million of 2028 Senior Secured Notes.
The company extended and upsized two short-term revolving facilities and added a new facility to fund up to $600 million of finance receivables through March 2027. In October, it executed two separate loan purchase agreements allowing up to $4 billion each of finance receivables through late 2027 and expanded Ally’s commitment to purchase up to $6 billion between October 28, 2025 and October 27, 2026. As of October 27, 2025, Class A shares outstanding were 141,423,193 and Class B were 76,119,471.