---
schema_version: "secwatch.filing_event.v1"
accession: "0001690820-23-000264"
form_type: "8-K"
ticker: "CVNA"
cik: "0001690820"
company_name: "CARVANA CO."
filed_at: "2023-08-09T23:59:59+00:00"
generated_at: "2026-06-11T22:36:46.925189+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Carvana raises Q3 2023 adjusted EBITDA outlook to >$75M, total GPU >$5,500

## Summary
- 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.

## SEC filing metadata
- accession: 0001690820-23-000264
- form_type: 8-K
- ticker: CVNA
- cik: 0001690820
- company_name: CARVANA CO.
- filed_at: 2023-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690820/000169082023000264/0001690820-23-000264-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690820/000169082023000264/cvna-20230809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001690820-23-000264
- JSON: https://secwatch.observer/filing/0001690820-23-000264.json
- Plain text: https://secwatch.observer/filing/0001690820-23-000264.txt

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