{"schema_version":"secwatch.filing_event.v1","accession":"0001690820-25-000160","form_type":"8-K","ticker":"CVNA","cik":"0001690820","company_name":"CARVANA CO.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.354759+00:00","generated_at":"2026-05-22T08:27:00.427685+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Carvana Q1 record: 133.9K retail units (+46% YoY), net income $373M, Adj. EBITDA $488M, expects Q2 records","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001690820-25-000160","json":"https://secwatch.observer/filing/0001690820-25-000160.json","markdown":"https://secwatch.observer/filing/0001690820-25-000160.md","text":"https://secwatch.observer/filing/0001690820-25-000160.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1690820/000169082025000160/0001690820-25-000160-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1690820/000169082025000160/cvna-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:27:00.427685+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}