---
schema_version: "secwatch.filing_event.v1"
accession: "0001690820-22-000252"
form_type: "8-K"
ticker: "CVNA"
cik: "0001690820"
company_name: "CARVANA CO."
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:15:29.530906+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Carvana Q2 net loss $439M; revenue $3.88B, GPU falls to $3,368

## Summary
- 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.

## SEC filing metadata
- accession: 0001690820-22-000252
- form_type: 8-K
- ticker: CVNA
- cik: 0001690820
- company_name: CARVANA CO.
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690820/000169082022000252/0001690820-22-000252-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690820/000169082022000252/cvna-20220804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001690820-22-000252
- JSON: https://secwatch.observer/filing/0001690820-22-000252.json
- Plain text: https://secwatch.observer/filing/0001690820-22-000252.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.