secwatch.observer — SEC 8-K summary
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Issuer:     CARVANA CO. (CVNA)
CIK:        0001690820
Form:       8-K
Filed at:   2026-04-29T23:59:59+00:00
Accession:  0001690820-26-000034
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Carvana Q1 2026: Record revenue $6.43B, net income $405M, adj. EBITDA $672M
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- Retail units sold 187,393 (+40% YoY), setting a Q1 record; revenue up 52% to $6.432B.
- GAAP net income $405M (6.3% margin); adjusted EBITDA $672M (10.4% margin); both all-time Q1 records.
- GAAP operating income $581M, up $187M YoY; diluted EPS $1.69 on 148M shares.
- Net income includes $42M negative impact from warrant fair value changes.
- Outlook: Expects sequential Q2 records in both retail units and adjusted EBITDA; FY 2026 growth on track.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1690820/000169082026000034/0001690820-26-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1690820/000169082026000034/cvna-20260429.htm
  HTML page:      https://secwatch.observer/filing/0001690820-26-000034

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer