{"schema_version":"secwatch.filing_event.v1","accession":"0001690820-22-000312","form_type":"8-K","ticker":"CVNA","cik":"0001690820","company_name":"CARVANA CO.","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.723220+00:00","generated_at":"2026-06-22T09:26:19.907542+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Carvana Q3 2022: units -8%, revenue -3%, net loss margin widens to 15%; cautious Q4 outlook","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001690820-22-000312","json":"https://secwatch.observer/filing/0001690820-22-000312.json","markdown":"https://secwatch.observer/filing/0001690820-22-000312.md","text":"https://secwatch.observer/filing/0001690820-22-000312.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1690820/000169082022000312/0001690820-22-000312-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1690820/000169082022000312/cvna-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T09:26:19.907542+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3bf86c6d297c9ce71163d37abd9692866eb5ef0e","claim":"CARVANA CO. reported the fiscal quarter ended September 30, 2022 results: revenue $3.386 billion, EPS $2.67.","evidence_excerpt":"are versus Q3 2021, unless otherwise noted. Complete financial tables appear at the end of this letter. • Retail units sold totaled 102,570 a decrease of 8% • Revenue totaled $3.386 billion, a decrease of 3% • Total gross profit was $359 million, a decrease of 31% • Total gross profit per unit was $3,500, a decrease of $1,172 • Total gross profit per unit, excluding","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1690820/000169082022000312/0001690820-22-000312-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended September 30, 2022"},{"label":"Revenue","value":"$3.386 billion"},{"label":"EPS","value":"$2.67"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}