{"filings":[{"id":2273276,"accession_number":"0001690820-26-000059","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2026-08-14T20:55:24+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Carvana enters $1.66B Term Loan B to refinance 2030 senior secured notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$1.66B senior secured Term Loan B due 2033; priced at 99.75% of par.","Proceeds to redeem all outstanding 9.0%/11.0%/13.0% Cash/PIK Senior Secured Notes due 2030.","Redemption dates: $1.0B on Aug 15, 2026; remaining on Aug 22, 2026.","Interest at Term SOFR + 2.25% or base rate + 1.25%; no financial covenant.","Amortization 0.25% quarterly; mandatory prepayments from excess cash flow from FY2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1940562,"accession_number":"0001690820-26-000054","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2026-07-29T20:05:47+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q2 2026: record 197k units sold, net income $513M, raises FY EBITDA guidance to $2.7-3.0B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Retail units sold 197,325 (+38% YoY); revenue $7.376B (+52% YoY); both all-time quarterly records.","Net income $513M (margin 7.0%); Adjusted EBITDA $769M (margin 10.4%); both records.","GAAP operating income $680M (+$169M YoY); EPS diluted $0.42 (assuming full conversion 1.127B shares).","FY2026 Adjusted EBITDA guidance raised to $2.7-3.0B (from $2.24B in 2025); expects sequential Q3 unit increase.","10th consecutive quarter of industry-leading growth and profitability; market share 1.5% of US auto retail."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94719,"accession_number":"0001690820-26-000039","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2026-05-06T23:59:59+00:00","items":["5.02","5.03","5.07","9.01"],"status":"ready","headline":"Carvana stockholders approve 5-for-1 stock split, adopt new 2026 incentive plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Stockholders approved five-for-one forward stock split effective May 7, 2026 at 9:30 a.m. ET; split-adjusted trading begins May 8.","Amendment increases authorized shares of Class A and Class B common stock proportionately.","Stockholders also approved the Carvana Co. 2026 Omnibus Incentive Plan, replacing the 2017 plan.","Michael Maroone and Neha Parikh elected as Class III directors for terms expiring at 2029 annual meeting.","Say-on-pay proposal and ratification of Grant Thornton as auditor for 2026 passed; stockholder proposal defeated."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":94718,"accession_number":"0001690820-26-000034","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2026-04-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q1 2026: Record revenue $6.43B, net income $405M, adj. EBITDA $672M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Retail units sold 187,393 (+40% YoY), setting a Q1 record; revenue up 52% to $6.432B.","GAAP net income $405M (6.3% margin); adjusted EBITDA $672M (10.4% margin); both all-time Q1 records.","GAAP operating income $581M, up $187M YoY; diluted EPS $1.69 on 148M shares.","Net income includes $42M negative impact from warrant fair value changes.","Outlook: Expects sequential Q2 records in both retail units and adjusted EBITDA; FY 2026 growth on track."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":6432000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":107305,"accession_number":"0001690820-26-000008","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2026-02-18T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q4/FY2025: record 596.6K units sold (+43% YoY), revenue $20.3B (+49%), Adj EBITDA $2.237B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record FY2025 net income of $1.895B (incl. ~$685M non-cash tax benefit); GAAP operating income $1.881B, margin 9.3%.","Q4 retail units 163,522 (+43% YoY), revenue $5.603B (+58%), Adj EBITDA $511M (margin 9.1%).","FY2025 retail units 596,641 (+43% YoY), revenue $20.322B (+49%), Adj EBITDA $2.237B (margin 11.0%).","Guidance expects significant growth in retail units and Adj EBITDA in FY2026; sequential increase in Q1 2026.","Long-term target: 3M retail units/year at 13.5% Adj EBITDA margin by 2030-2035."],"consensus_eps_estimate":null,"consensus_eps_actual":8.45,"consensus_revenue_estimate":null,"consensus_revenue_actual":20322000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":123664,"accession_number":"0001690820-25-000352","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2025-10-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana reports record Q3: revenue $5.65B (+55% YoY), net income $263M, Adj. EBITDA $637M, guidance raised","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Record units sold 155,941 (+44% YoY); revenue $5.647B (+55% YoY), crossing $20B annual run rate.","Net income $263M (margin 4.7%); GAAP operating income $552M (margin 9.8%), both all-time records.","Adjusted EBITDA $637M (margin 11.3%); Q4 units >150k; FY25 Adj. EBITDA at/above $2.0-2.2B guidance.","Net income includes -$120M impact from decline in Root warrants fair value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":14719000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":140347,"accession_number":"0001690820-25-000310","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2025-07-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q2 record: 143k units (+41% YoY), net income $308M, Adj EBITDA $601M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Retail units sold 143,280 (+41% YoY), revenue $4.84B (+42% YoY).","Net income $308M (margin 6.4%) vs $48M a year ago; GAAP op income $511M.","Adjusted EBITDA $601M (12.4% margin), +70% YoY.","Full year 2025 Adj EBITDA guidance raised to $2.0-2.2B from $1.38B in 2024.","Expects sequential increase in retail units in Q3 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":9072000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157996,"accession_number":"0001690820-25-000160","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q1 record: 133.9K retail units (+46% YoY), net income $373M, Adj. EBITDA $488M, expects Q2 records","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Retail units sold 133,898 (+46% YoY); revenue $4.23B (+38% YoY); both all-time quarterly records.","Net income $373M (margin 8.8%) vs $49M a year ago; Adjusted EBITDA $488M (margin 11.5%).","GAAP Operating income $394M (9.3% margin), a new record; EPS $1.51 diluted.","Expects sequential increases in Q2 to all-time records for both units and Adjusted EBITDA.","New long-term objective: 3M retail units/year at 13.5% Adj. EBITDA margin within 5-10 years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":4232000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157995,"accession_number":"0001690820-25-000156","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Carvana 2025 annual meeting results: directors elected, say-on-pay approved, charter amendment passed","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Dan Quayle (814.9M For) and Gregory Sullivan (809.5M For) elected as Class II directors to three-year terms.","Say-on-pay advisory vote approved: 830.4M For, 3.8M Against, 15.4M broker non-votes.","Board adopted annual say-on-pay frequency based on stockholder preference (833.4M votes for 1 year).","Amendment to charter for officer exculpation under Delaware law approved: 809.3M For, 24.9M Against.","Grant Thornton LLP ratified as auditor for FY2025 (849.3M For); shareholder simple majority proposal rejected (39.7M For)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":157994,"accession_number":"0001690820-25-000134","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2025-04-29T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Carvana renews $1.5B floor plan facility with Ally through April 2027; Ally commits to buy $4B in finance receivables","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Renewed $1.5B credit line for inventory financing (floor plan) with Ally Bank and Ally Financial, maturing April 30, 2027.","Ally Parties reestablish commitment to purchase up to $4.0B of automotive finance receivables from April 2025 to April 2026.","Interest rate based on Prime Rate minus 70bps/50bps or plus 10bps depending on wholesale outstandings to inventory ratio.","Monthly principal reduction of 10% for vehicles on floorplan over 120 days; advances up to 10% of credit line for lien-free title accommodation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176387,"accession_number":"0001690820-25-000073","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2025-02-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana reports record FY2024 net income of $404M; retail units +33% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full year 2024 revenue $13.67B (+27% YoY); net income $404M (3.0% margin) vs. prior year profit.","Q4 2024 retail units sold 114,379 (+50% YoY); revenue $3.55B (+46%).","Adjusted EBITDA for FY2024 $1.378B (10.1% margin) – claims industry-leading profitability.","Q4 GAAP operating income $260M; diluted EPS $0.56 (Class A).","Expects significant growth in retail units and Adjusted EBITDA in FY2025 including sequential Q1 increase."],"consensus_eps_estimate":null,"consensus_eps_actual":1.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":13673000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176386,"accession_number":"0001104659-25-015242","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2025-02-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Carvana refreshes at-the-market offering program with new distribution agreement","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Entered Second Amended and Restated Distribution Agreement with Barclays, Citigroup, and Virtu Americas LLC.","ATM program permits sale of Class A Common Stock from time to time under existing shelf registration (333-285061).","Reflects refresh of prior program; no specific offering size, price, or terms disclosed in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":176385,"accession_number":"0001690820-25-000019","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2025-01-06T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Carvana subsidiary and Ally amend receivables pact; Ally commits to purchase up to $4.0B in auto loans through Jan 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Ally commits to purchase up to $4.0B of Carvana auto finance receivables from Jan 3, 2025 to Jan 2, 2026.","Maximum original term extended to 84 months for receivables with cutoff dates on/after Jan 1, 2025 (previously up to 78 months).","LTV and amount financed eligibility thresholds adjusted for various FICO and term buckets (specifics redacted).","The amendment reestablishes and extends the purchase facility; Scheduled Commitment Termination Date is now January 2, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":193243,"accession_number":"0001690820-24-000344","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q3 net income $148M; record Adj EBITDA $429M; guides FY24 above $1.0-1.2B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Retail units sold 108,651 (+34% YoY); revenue $3.655B (+32% YoY).","Record GAAP operating income $337M (+$289M YoY); net income margin 4.0%.","Adjusted EBITDA $429M (record 11.7% margin); FY24 guidance raised significantly above prior $1.0-1.2B.","GPU $7,427 (GAAP) and $7,685 (non-GAAP) both company records; SG&A per unit down $1,030 YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":10126000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":209608,"accession_number":"0001690820-24-000270","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q2 net income $48M, record 10.4% Adj. EBITDA margin; retail units +33% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Retail units sold 101,440 (+33% YoY); revenue $3.41B (+15% YoY).","Net income $48M (1.4% margin); GAAP operating income $259M.","Record Adj. EBITDA $355M (10.4% margin); non-GAAP GPU $7,344.","FY 2024 Adj. EBITDA guidance raised to $1.0-1.2B (from $339M in 2023).","Company expects sequential unit growth in Q3; cites early stage of profitable growth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":6471000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227712,"accession_number":"0001690820-24-000232","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2024-06-06T23:59:59+00:00","items":["1.02","3.03","5.03","7.01","9.01"],"status":"ready","headline":"Carvana repurchases $250M of notes, sells 3M shares for $350M, reaffirms Q2 outlook","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Repurchased $250M face of 9%/12% Senior Secured Notes due 2028 for $259M (~103.4% avg price, or 100.4% incl. PIK benefit).","Sold ~3M Class A shares via ATM at avg $114.85, gross proceeds ~$350M.","Reaffirms Q2 outlook: sequential increase in YoY retail unit growth and sequential increase in Adj. EBITDA.","Terminated Tax Asset Preservation Plan and eliminated Series B Preferred Stock as of June 4-5, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227711,"accession_number":"0001690820-24-000200","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2024-05-07T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Carvana holds 2024 annual meeting; directors elected, say-on-pay approved","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Ernest Garcia III elected director with 841.3M votes for; Ira Platt elected with 834.8M votes for.","Advisory say-on-pay approved: 856.7M for, 1.77M against, 110k abstain.","Ratification of Grant Thornton LLP as independent auditor for FY2024: 874.9M for, 325k against.","Quorum of 875.3M votes out of 896.1M total votes present at the meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":227710,"accession_number":"0001690820-24-000164","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q1 net income $49M (1.6% margin), record Adj EBITDA $235M, units +16% YoY","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Retail units sold 91,878 (+16% YoY); revenue $3.061B (+17% YoY).","Net income $49M (1.6% margin) vs. -11% margin a year ago; GAAP operating income $134M record.","Adjusted EBITDA $235M (7.7% margin), record; now exceeds capex and interest expense.","Total GPU $6,432 (+$2,129 YoY); Non-GAAP GPU $6,802 (+$2,006 YoY); record.","Expects sequential increases in YoY unit growth and Adj EBITDA in Q2; reaffirms FY2024 outlook."],"consensus_eps_estimate":null,"consensus_eps_actual":0.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":3061000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":246524,"accession_number":"0001690820-24-000091","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2024-02-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana reports record net income $150M, adjusted EBITDA $339M for FY 2023","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY 2023 net income $150M (vs loss in 2022); adjusted EBITDA $339M, both records.","Record GAAP GPU $5,511 (+$2,489 YoY); non-GAAP GPU $5,984 (+$2,647 YoY).","Q4 2023 retail units 76,090 (-13% YoY); revenue $2.424B (-15% YoY).","Q1 2024 guidance: adjusted EBITDA significantly above $100M; retail units slightly up YoY.","FY 2024 expects growth in retail units sold and adjusted EBITDA vs FY 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":0.75,"consensus_revenue_estimate":null,"consensus_revenue_actual":10771000000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":246523,"accession_number":"0001690820-24-000020","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2024-01-16T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Carvana secures $4B commitment from Ally to purchase auto finance receivables over one year","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Ally commits to purchase up to $4.0B in Carvana auto finance receivables from Jan 11, 2024 to Jan 10, 2025.","Fifth Amendment to Master Purchase and Sale Agreement reestablishes the commitment with Ally Bank and Ally Financial.","Commitment requires sale of at least one receivables pool per quarter, with minimum pool size of $300M.","Amendment updates definitions and terms including eligible receivables criteria and pricing model change procedures."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":263939,"accession_number":"0001690820-23-000321","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q3 net income $741M, Adj. EBITDA $148M, GPU record $5,952, revenue $2.773B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Retail units 80,987 (-21% YoY); sequential growth 6% with $400/unit SG&A reduction.","Net income aided by ~$878M gain on debt extinguishment from exchange of $5.52B notes.","Debt exchange reduced total debt by over $1.325B; interest savings >$455M/year.","Q4 outlook: sequential unit decline; Non-GAAP GPU >$5,000; positive Adj. EBITDA.","Record Q3 Total GPU $5,952 (+70% YoY); Non-GAAP Total GPU $6,396."],"consensus_eps_estimate":null,"consensus_eps_actual":5.24,"consensus_revenue_estimate":null,"consensus_revenue_actual":8347000000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":281169,"accession_number":"0001690820-23-000273","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-09-01T23:59:59+00:00","items":["1.01","8.01","2.03","7.01","9.01"],"status":"ready","headline":"Carvana completes debt exchange with >96% participation; reduces debt by $1.325B","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Total debt reduced by over $1.325B; near-term annual cash interest expense cut by more than $455M for two years.","Over 96% of aggregate principal of all existing notes tendered; 99.2% of 2030 notes participated.","Issued $980.8M (2028), $1.471B (2030), and $1.741B (2031) new secured notes; cash tender bought $401.7M of 2025 notes at 85% of par.","Supplemental indentures adopted eliminating substantially all restrictive covenants and certain events of default upon settlement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":281168,"accession_number":"0001690820-23-000267","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-08-21T23:59:59+00:00","items":["1.01","3.02","7.01","9.01"],"status":"ready","headline":"Carvana raises $126M from Garcia parties at 18% premium, completes equity requirements for debt exchange","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Raised $126M from Ernest Garcia II and III at $46.31/share, an 18% premium to Aug 18 closing price.","Combined with prior $225M ATM offering, total $351M meets all equity obligations under the TSA.","TSA reduces annual cash interest expense by >$430M each year for next 2 years, extends maturities, lowers total debt by >$1.2B.","Proceeds will partially fund cash tender offer for 5.625% senior unsecured notes due 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":281167,"accession_number":"0001690820-23-000264","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-08-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Carvana raises Q3 2023 adjusted EBITDA outlook to >$75M, total GPU >$5,500","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 adjusted EBITDA outlook raised to above $75M from 'positive'; non-GAAP total GPU >$5,500 (prior >$5,000).","Retail units and SG&A expected similar to Q2 2023; no change from prior outlook.","Improvement driven by fundamental gains in retail and wholesale GPU, CFO cited at J.P. Morgan conference.","Initial Q3 outlook was for positive adjusted EBITDA and GPU above $5,000; updated guidance raises both thresholds."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":5574000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":281166,"accession_number":"0001690820-23-000243","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-08-02T23:59:59+00:00","items":["1.01","7.01","8.01","9.01"],"status":"ready","headline":"Carvana launches $4.275B exchange offer for unsecured notes, $425M cash tender for 2025 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchange offers for 2027/2028/2029/2030 notes into up to $4.275B of new secured notes (three tranches with PIK/cash interest).","Cash tender for any/all 2025 notes at 85% of par ($850/$1,000) for up to $425M.","Consent solicitations seek to eliminate substantially all restrictive covenants and certain events of default.","Over 90% of noteholders have committed to participate in the transaction.","New secured notes secured by second-priority liens on Ally collateral and first-priority liens on other assets."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":281165,"accession_number":"0001690820-23-000237","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-07-27T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Carvana raises $225M via ATM offering, satisfies exchange offer TSA equity requirement","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Raised $225M through issuance of ~4.9M shares via at-the-market equity offering program.","Proceeds fully satisfy public equity requirement of exchange offer transaction support agreement (TSA).","TSA reduces cash interest expense by >$430M over two years and lowers total debt by >$1.2B.","Garcia party investors committed to purchase $126M of equity from Carvana after exchange offer launch.","Joint sales agents for the ATM were Citigroup and Moelis & Company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":281164,"accession_number":"0001690820-23-000218","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-07-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q2 record Adj EBITDA $155M; revenue down 24% but GPU surges 94%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Retail units 76,530 (-35% YoY); revenue $2.97B (-24% YoY).","GAAP GPU $6,520 (+94% YoY); Non-GAAP $7,030; includes ~$900 non-recurring per unit.","Net loss -$105M; net loss margin (3.5%) improved from (11.0%) in Q1 2023.","Adj EBITDA $155M (5.2% margin) record; expects positive Adj EBITDA again in Q3 2023.","Achieved $1.1B annualized cost reductions; sees further SG&A efficiencies ahead."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":5574000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":281163,"accession_number":"0001193125-23-189188","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-07-19T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Carvana reaches debt restructuring deal with noteholders to cut total debt by over $1.2B","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Eliminates over 83% of 2025 and 2027 unsecured note maturities; lowers cash interest by >$430M/yr for 2 years.","Exchanges up to $4.376B of existing unsecured notes for three tranches of new senior secured notes due 2028-2031.","Over 90% (~$5.2B) of senior unsecured noteholders support the exchange; new notes secured by Carvana and ADESA assets.","Company to raise at least $350M in new equity via ATM or underwritten offering; Garcia parties commit up to $126M.","Cash tender offer for certain 2025 notes included; transactions targeted to close by September 30, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299914,"accession_number":"0001690820-23-000195","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-06-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Carvana expects Q2 adjusted EBITDA above $50M and record GPU above $6,000","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q2 2023 adjusted EBITDA >$50M; non-GAAP total GPU >$6,000 (new record, +63% YoY)","Loans sold/securitized ~$2B in Q2 to date, up from $1.3B as of May 4","Cites continued profitability focus driving faster progress than expected","CEO Ernie Garcia to present at William Blair Growth Stock Conference June 8"],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299913,"accession_number":"0001690820-23-000176","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-06-02T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Carvana exchange offer fails; $500M minimum participation not met","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Carvana's exchange offers for up to $1B of new 9.0%/12.0% Cash/PIK Toggle Senior Secured Second Lien Notes due 2028 expired unaccepted.","Minimum participation condition of $500M aggregate principal amount of existing notes was not satisfied.","All tendered Existing Notes will be returned to holders; no consideration paid.","Offers covered 5.625% 2025, 5.5% 2027, 5.875% 2028, 4.875% 2029, and 10.25% 2030 Senior Notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299912,"accession_number":"0001690820-23-000172","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-05-17T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Carvana extends exchange offer expiration to June 1, adds early exchange premium","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Exchange offers extended to 5:00 p.m. ET on June 1, 2023; withdrawal deadline extended to May 24.","Eligible holders tendering by June 1 receive $20 per $1,000 early exchange premium.","Total consideration per $1,000: 2025 notes $858.75, 2027 notes $658.75, 2028 notes $646.25, 2029 notes $632.50, 2030 notes $793.75.","Offers target up to $1B aggregate principal of new 9.0%/12.0% Cash/PIK Toggle Senior Secured Second Lien Notes due 2028.","All other terms of the exchange offers remain unchanged."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299911,"accession_number":"0001690820-23-000162","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q1 net loss narrows, GPU record, expects positive EBITDA in Q2 2023","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $2.606B (-25% YoY); retail units 79,240 (-25% YoY); net loss $1.51/share.","Total GPU $4,303 (+52% YoY); Non-GAAP GPU $4,796 (+61% YoY); best Q1.","Adjusted EBITDA margin improved to (0.9)% from (10.3)% in Q4 2022; expects positive Adj EBITDA in Q2.","Completed $1B annualized SG&A reduction one quarter early; Non-GAAP SG&A down $119M sequentially.","Since Q2 start, sold/securitized ~$1.3B loan principal; inventory down 55% YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.51,"consensus_revenue_estimate":null,"consensus_revenue_actual":2606000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299910,"accession_number":"0001690820-23-000139","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-05-03T23:59:59+00:00","items":["5.02","5.07","9.01"],"status":"ready","headline":"Carvana shareholders approve 20M share increase to 2017 Omnibus Incentive Plan","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders approved an amendment increasing the Plan's share reserve by 20M shares to a total of 34M shares.","Directors Michael Maroone and Neha Parikh were re-elected; say-on-pay proposal passed with ~99% of votes cast.","Grant Thornton LLP ratified as independent auditor for FY 2023 with over 99% of votes in favor.","The meeting had a quorum of 789.8M votes out of 858.5M total (92% participation)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299909,"accession_number":"0001690820-23-000136","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-05-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Carvana extends exchange offers for senior notes to May 17, keeps early premium","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Extends expiration of exchange offers to May 17, 2023; withdrawal deadline has passed.","Offers up to $1B aggregate principal of new 9.0%/12.0% Cash/PIK Toggle Senior Secured Second Lien Notes due 2028.","Early Exchange Premium of $20 per $1,000 principal available for holders tendering by new expiration.","Total consideration ranges from $632.50 (4.875% 2029 notes) to $858.75 (5.625% 2025 notes) per $1,000.","All other terms of exchange offer unchanged from March 22, 2023 memorandum."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":299908,"accession_number":"0001690820-23-000122","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-04-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Carvana extends exchange offers to May 3, boosts consideration for 2025 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Extends expiration of exchange offers to May 3, 2023; withdrawal deadline already passed.","Increases exchange consideration for 2025 notes from $788.75 to $838.75 per $1,000 principal.","Early Exchange Premium of $20 per $1,000 available for tenders by new expiration.","Total consideration per $1,000: 2025 $858.75, 2030 $793.75, 2027 $658.75, 2028 $646.25, 2029 $632.50.","Aggregate principal capped at $1B of new 9%/12% Cash/PIK Toggle Senior Secured Second Lien Notes due 2028."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":320012,"accession_number":"0001193125-23-076322","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-03-22T23:59:59+00:00","items":["7.01","8.01","9.01"],"status":"ready","headline":"Carvana launches exchange of up to $1B unsecured notes for new 9.0%/12.0% secured notes due 2028","summary_kind":"llm","event_type":"debt","confidence":"medium","bullets":["Offers to exchange five series of unsecured notes (2025-2030) for up to $1B of new 9.0%/12.0% Cash/PIK Toggle Senior Secured Second Lien Notes due 2028.","Total consideration per $1,000 principal ranges from $632.50 to $808.75, including a $20 early exchange premium; early tender deadline April 4, 2023.","Acceptance priority levels assigned with 2025 notes highest (1) and 2029 notes lowest (5); minimum $500M aggregate principal must be tendered.","Preliminary unaudited Q1 2023 results furnished as Exhibit 99.1, but specific figures were not provided in the filing text available.","ADESA US Auction and its subsidiaries designated as unrestricted subsidiaries, released from guarantees and not guaranteeing new notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":320011,"accession_number":"0001690820-23-000050","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-02-23T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q4 net loss margin -50.8%; retail units -23% YoY; guides for >$1B SG&A cut by Q2 2023","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 retail units 86,977 (-23% YoY); revenue $2.84B (-24%); total GPU $2,219 (down $2,347).","FY 2022 net loss margin -21.3% vs -2.2% in 2021; Adjusted EBITDA margin -7.7% vs +0.5%.","Expects to complete >$1B annualized SG&A reduction by Q2 2023 vs Q1 2022; targets >$4,000 GPU.","Renewed Ally forward flow for up to $4.0B loans; closed ~$360M prime securitization in Feb 2023.","FY 2023 capex guidance reduced to $100-125M; no meaningful new markets planned in 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-15.74,"consensus_revenue_estimate":null,"consensus_revenue_actual":13604000000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":320010,"accession_number":"0001690820-23-000021","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-01-20T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Carvana subsidiary clarifies $4B auto receivables purchase commitment with Ally","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Ally commitment to purchase up to $4.0B in auto finance receivables began Jan 13, 2023 and ends Jan 12, 2024.","No receivables sold before Jan 13, 2023 count against the $4.0B commitment amount.","Amendment involves Carvana Auto Receivables 2016-1 LLC as transferor and Ally Bank/Ally Financial as purchasers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":320009,"accession_number":"0001690820-23-000019","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-01-17T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Carvana extends Ally financing facility to $4B through Jan 2024","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment ups Ally commitment to $4.0 billion for purchasing automotive finance receivables.","Scheduled Commitment Termination Date extended to January 12, 2024.","Agreement amended to repurchase receivables upon breach of representations or warranty failures.","Transferor must provide legal opinions and good standing certificates within 20 days of effective date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":320008,"accession_number":"0001193125-23-008978","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2023-01-17T23:59:59+00:00","items":["1.01","3.03","5.03","8.01","9.01"],"status":"ready","headline":"Carvana adopts shareholder rights plan to preserve NOLs; triggers at 4.9% ownership","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan designed to prevent an IRC Section 382 'ownership change' that would limit use of net operating loss carryforwards.","Rights become exercisable if a person or group acquires 4.9% or more of CVNA Class A common stock.","Upon trigger, holders (other than triggering person) can buy Class A shares at 50% discount or exchange each right for one share.","Plan effective Jan 16, 2023, expires Jan 15, 2026, unless terminated earlier by Board.","Grandfathered holders (≥4.9% at announcement) may not acquire additional shares; exchange of LLC units triggers plan."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":338173,"accession_number":"0001690820-22-000332","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2022-11-18T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Carvana lays off ~1,500 employees to better match company size with current environment","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Workforce reduction of approximately 1,500 across corporate, technology, and operations.","Impacted employees receive six weeks' pay plus one additional week per year of service.","Extended healthcare coverage, early vesting of certain equity awards, and recruiting support provided.","Decision effective November 18, 2022; aimed at helping Carvana achieve financial goals.","No specific financial impact or revenue guidance provided in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":338172,"accession_number":"0001690820-22-000312","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q3 2022: units -8%, revenue -3%, net loss margin widens to 15%; cautious Q4 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Retail units sold 102,570 (-8% YoY); revenue $3.386B (-3% YoY); net loss margin (15.0%).","Total gross profit per unit $3,500 (down $1,172 YoY); adjusted EBITDA margin (5.9%) vs 0.3% prior year.","Net loss per Class A share $2.67; reduced Carvana-only SG&A by ~$90M QoQ.","Outlook: expects sequential decline in retail units and total GPU in Q4; no quantitative 2023 guidance.","Amended floorplan facility with Ally to $2.2B capacity through Sept 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-7.88,"consensus_revenue_estimate":null,"consensus_revenue_actual":10767000000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":355545,"accession_number":"0001690820-22-000275","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2022-09-22T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Carvana extends inventory credit line to $2.2B and adds $2B facility with Ally","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["12-Month Floor Plan Facility extended to Sep 22, 2023, with $2.2B aggregate, including $200M from Deutsche Bank.","18-Month Floor Plan Facility for up to $2.0B, available after 12-month facility maturity, maturing Mar 22, 2024.","Interest rate is Prime Rate plus 100 bps; commitment fee and availability fee also apply.","Monthly principal reduction of 10% for vehicles on floorplan over 150 days until 50% of original principal."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":355544,"accession_number":"0001690820-22-000252","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2022-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Carvana Q2 net loss $439M; revenue $3.88B, GPU falls to $3,368","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $439M vs $45M profit YoY; diluted EPS -$2.35 on 101.5M Class A shares.","Total GPU fell 34% to $3,368 from $5,120; gross profit down 28% to $396M.","Closed ADESA acquisition for $2.2B on May 9, funded with $3.275B senior notes.","Adjusted EBITDA margin -6.2% vs +3.4% YoY; units sold 117,564 (+9% YoY).","Outlook: targeting >$4,000 total GPU and significant positive EBITDA in FY2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-5.2,"consensus_revenue_estimate":null,"consensus_revenue_actual":7381000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":373740,"accession_number":"0001193125-22-150242","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2022-05-13T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Carvana posts investor presentation on operating plan; no specific figures disclosed","summary_kind":"llm","event_type":"other","confidence":"low","bullets":["Presentation posted May 13, 2022 on Carvana's investor relations website.","No financial results, guidance changes, or operational metrics provided in the filing.","Item 7.01 Regulation FD disclosure; information is furnished, not filed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":373739,"accession_number":"0001193125-22-146314","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2022-05-10T23:59:59+00:00","items":["1.01","2.01","2.03","8.01","9.01"],"status":"ready","headline":"Carvana issues $3.275B senior notes and completes $2.2B acquisition of ADESA U.S. physical auction business","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Issued $3.275 billion of 10.2500% Senior Notes due 2030 under indenture with U.S. Bank Trust as trustee.","Completed $2.2 billion cash acquisition of ADESA U.S. physical auction business on May 9, 2022.","Notes accrue interest at 10.25% per annum, payable semi-annually, maturing May 1, 2030.","Escrowed note proceeds released to fund ADESA acquisition and for general corporate purposes.","Added ADESA Guarantors to indentures for 2025, 2027, 2028, 2029, and 2030 senior notes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":373738,"accession_number":"0001193125-22-145982","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2022-05-10T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Carvana cuts 2,500 jobs, execs forgo salaries to fund severance","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Approximately 2,500 employees laid off, primarily in operational groups, to align staffing with sales volumes.","Severance includes 4 weeks' pay plus 1 extra week per year of service, extended healthcare, and early equity vesting.","Executive team forgoing salaries for the remainder of 2022 to contribute to severance costs.","Carvana transitioning operations away from its Euclid, OH IRC and several logistics hubs in coming weeks.","Company cites need to restore balance between sales and staffing; more on operating plan expected later this week."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":373737,"accession_number":"0001690820-22-000162","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2022-05-09T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Carvana shareholders elect directors, ratify auditor, approve say-on-pay at 2022 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Directors Quayle and Sullivan elected with ~798M and ~795M votes for, respectively.","Ratification of Grant Thornton as auditor: 823M for, 258K against, 28K abstain.","Advisory say-on-pay approved: ~814.6M for, ~3.6M against, ~30K abstain."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":373736,"accession_number":"0001193125-22-127969","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2022-04-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Carvana prices $3.275B of 10.25% senior notes due 2030; upsized from $2.275B, to fund ADESA acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$3.275B aggregate principal of 10.25% senior unsecured notes due 2030, upsized from $2.275B.","Net proceeds to finance $2.2B acquisition of ADESA U.S. physical auction business from KAR Auction Services.","Interest payable semi-annually at 10.25% per year; notes mature May 1, 2030.","Carvana no longer pursuing Series A perpetual preferred stock offering due to upsized notes.","Closing expected May 6, 2022, subject to customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":373735,"accession_number":"0001193125-22-120197","cik":1690820,"company_name":"CARVANA CO.","ticker":"CVNA","form_type":"8-K","filed_at":"2022-04-26T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Carvana completes upsized 15.6M share offering at $80; also plans $3.275B in preferred/notes for ADESA","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Carvana completed upsized public offering of 15,625,000 shares of Class A common stock at $80.00/share.","Insiders (Ernest Garcia II, Ernie Garcia III, controlled entities) purchased 5,400,000 shares.","Net proceeds from common stock offering to be used for general corporate purposes.","Separate proposed offerings: $1B Series A preferred stock and $2.275B senior notes due 2030.","Those separate offerings intended to finance Carvana's acquisition of ADESA's US physical auction business."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":81917177698.19467,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-04-26T23:59:59+00:00|373735"}