Every 8-K 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 8-K covers material events a company has to report between its quarterly 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. entered into a new Credit Agreement providing a $1.66 billion senior secured Term Loan B Facility maturing on August 14, 2033. The loan was issued at 99.75% of principal. It is expected to fund the redemption or repayment of the Company’s outstanding 9.0% / 11.0% / 13.0% Cash / PIK Senior Secured Notes due 2030, pay related fees and expenses, and, to the extent not so used, support general corporate and working capital needs.
The facility bears interest, at Carvana’s option, at Term SOFR + 2.25% or a base rate + 1.25%. It amortizes at 0.25% of original principal per quarter, with the balance due at maturity, and permits certain maturity extensions and incremental facilities. Mandatory prepayments apply from specified debt incurrences, collateral dispositions and recoveries, and, starting with the fiscal year ending December 31, 2028, 50% of excess cash flow (subject to leverage-based reductions and exceptions). The loan is guaranteed by certain material domestic subsidiaries and secured by liens on substantially all of the Company and guarantor collateral. Carvana has fixed redemption dates of August 15, 2026 for $1.0 billion principal of the 2030 secured notes and August 22, 2026 for the remaining notes.
Carvana Co. reported strong Q2 2026 results, selling 197,325 retail vehicles, up 38% year-over-year. Total revenue reached $7.376 billion, a 52% increase, and total gross profit was $1.384 billion, up 30%. Net income was $513 million for a 7.0% margin, while Adjusted EBITDA was $769 million with a 10.4% margin. GAAP operating income rose to $680 million.
Total gross profit per retail unit declined to $7,014, though SG&A efficiency improved as total SG&A expenses per retail unit fell to $3,568. Liquidity remained substantial, with cash and cash equivalents of $2.630 billion and total liquidity resources of $7.024 billion as of June 30, 2026.
Looking ahead, Carvana expects a sequential increase in retail units sold in Q3 2026 and projects full‑year 2026 Adjusted EBITDA of $2.7–$3.0 billion, above $2.24 billion in 2025, assuming a stable operating environment.
Carvana Co. reports results of its 2026 annual stockholder meeting, highlighted by approval of a five-for-one forward stock split for its Class A and Class B common stock and a proportionate increase in authorized shares. The stock split becomes effective on May 7, 2026 at 9:30 a.m. ET, with Class A shares expected to begin trading on a split-adjusted basis on May 8, 2026 on the New York Stock Exchange.
Stockholders also approved the Carvana Co. 2026 Omnibus Incentive Plan and, by advisory vote, the compensation of named executive officers. All director nominees were elected, Grant Thornton LLP was ratified as independent auditor for the year ending December 31, 2026, and a stockholder proposal described in the proxy statement was not approved.
Carvana Co. reported record first-quarter 2026 results, showing rapid growth and solid profitability. Retail units sold reached 187,393, up 40% year over year, as more customers used its online platform to buy cars. Total revenue rose to $6.432 billion, a 52% increase, reflecting higher volumes and higher revenue per vehicle.
Gross profit grew to $1.271 billion, while net income was $405 million, for a net margin of 6.3%. Adjusted EBITDA climbed to $672 million with a 10.4% Adjusted EBITDA margin. Carvana remained GAAP-profitable with operating income of $581 million and positive operating cash flow of $107 million.
The company continues to invest in reconditioning, logistics, title and registration, and ADESA integration to support long-term goals of selling 3 million cars annually at a 13.5% Adjusted EBITDA margin. Management expects Q2 2026 to deliver new records in both retail units sold and Adjusted EBITDA, assuming a stable environment.
Carvana Co. reported record results for 2025 and the fourth quarter, combining rapid growth with strong profitability. For the full year, retail units sold rose 43% to 596,641 and revenue reached $20.322 billion, up 49%. Net income was $1.895 billion, a 9.3% margin, including a roughly $685 million benefit from releasing a valuation allowance on deferred tax assets and recording a tax receivable agreement liability. Adjusted EBITDA grew to $2.237 billion with an 11.0% margin, and GAAP operating income was $1.881 billion.
In Q4 2025, Carvana sold 163,522 retail units, also up 43%, and generated $5.603 billion of revenue. Net income was $951 million with a 17.0% margin, and Adjusted EBITDA was $511 million with a 9.1% margin. The company highlighted cost efficiencies, faster delivery, broader selection, and growing use of its AI-enabled customer tools as key drivers, and reiterated its long-term goal of selling 3 million cars annually at a 13.5% Adjusted EBITDA margin between 2030 and 2035, while expecting significant growth in units and Adjusted EBITDA in 2026.
Carvana (CVNA) furnished an update on operations by announcing financial results for the fiscal quarter ended September 30, 2025. The company issued a shareholder letter and a press release, furnished as Exhibits 99.1 and 99.2, and plans to host a conference call on October 29, 2025 to discuss the quarter.
The information under Item 2.02 is furnished and not deemed filed under the Exchange Act. A cover page interactive data file is included as Exhibit 104.