---
schema_version: "secwatch.filing_event.v1"
accession: "0001690820-24-000344"
form_type: "8-K"
ticker: "CVNA"
cik: "0001690820"
company_name: "CARVANA CO."
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T08:21:10.032000+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Carvana Q3 net income $148M; record Adj EBITDA $429M; guides FY24 above $1.0-1.2B

## Summary
- 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.

## SEC filing metadata
- accession: 0001690820-24-000344
- form_type: 8-K
- ticker: CVNA
- cik: 0001690820
- company_name: CARVANA CO.
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1690820/000169082024000344/0001690820-24-000344-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1690820/000169082024000344/cvna-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001690820-24-000344
- JSON: https://secwatch.observer/filing/0001690820-24-000344.json
- Plain text: https://secwatch.observer/filing/0001690820-24-000344.txt

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