Every material Form 8-K Carvana filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Carvana Co. reported financial results for the third quarter ended September 30, 2026, achieving 217,385 retail units sold and $8.040 billion in revenue. Net income totaled $483 million with a net income margin of 6.0%.
Retail units sold increased 39% year-over-year to 217,385 in the third quarter of 2026.
Total revenue reached $8.040 billion, up 42% compared to the third quarter of 2025.
Net income for the quarter was $483 million, resulting in a net income margin of 6.0%.
Carvana entered a $1.66 billion senior secured term loan B credit agreement on August 14, 2026, maturing in 2033. The company said the proceeds are expected to redeem or refinance its 2030 Secured Notes, with $1.0 billion redeemed on August 15, 2026 and the remainder on August 22, 2026.
Term loan B facility of $1.66 billion matures August 14, 2033, issued at 99.75% of principal.
Interest is Term SOFR plus 2.25% or base rate plus 1.25%, per the credit agreement.
Proceeds expected to redeem 2030 Secured Notes: $1.0 billion on August 15, 2026 and the remainder on August 22, 2026.
The credit agreement has no financial covenant and requires 50% excess cash flow prepayments starting fiscal 2028, subject to reductions.
Carvana reported second-quarter 2026 results for the period ended June 30, 2026, with net sales and operating revenues of $7.376 billion, up 52% from a year earlier. Net income attributable to Carvana Co. was $310 million, compared with $183 million, and the company sees full-year 2026 Adjusted EBITDA of $2.7 billion to $3.0 billion, compared with $2.24 billion in 2025. Adjusted EBITDA margin fell to 10.4% from 12.4%, and Total gross profit per unit declined year over year.
Net sales and operating revenues were $7.376 billion in Q2 2026, up 52.4% from $4.840 billion in Q2 2025.
Retail vehicle unit sales were 197,325, up 37.7% from 143,280 a year earlier.
Net income attributable to Carvana Co. was $310 million, or $0.42 diluted EPS for Class A shares, compared with $183 million and $0.26 a year earlier.
The company expects full-year 2026 Adjusted EBITDA of $2.7 billion to $3.0 billion, an increase from $2.24 billion in 2025, and a sequential rise in Q3 retail units sold.
At its May 5, 2026 annual meeting, Carvana stockholders approved a five-for-one forward split of Class A and Class B common stock, along with a proportionate increase in authorized shares. Stockholders also approved the 2026 Omnibus Incentive Plan, elected Michael Maroone and Neha Parikh as Class III directors, and rejected a stockholder proposal. For shareholders, each share will be reclassified into five shares when the split takes effect.
Each share of Class A and Class B common stock becomes five shares at the Effective Time, 9:30 a.m. ET on May 7, 2026.
Class A common stock is expected to begin trading split-adjusted on the New York Stock Exchange at market open on May 8, 2026.
The 2026 Omnibus Incentive Plan was approved with 730,926,830 votes for and 89,832,196 against.
The stockholder proposal in Item 6 was not approved: 32,002,459 votes for and 788,394,436 against.
Carvana reported first-quarter 2026 results for the quarter ended March 31, 2026, with revenue, gross profit, operating income and net income all higher than a year earlier. Gross profit per unit fell, and Adjusted EBITDA margin declined, but the company expects sequential growth in retail units sold and Adjusted EBITDA in the second quarter.
Net sales and operating revenues were $6.432 billion, up 52% from $4.232 billion; retail units sold were 187,393, up 40%
Net income attributable to Carvana Co. was $250 million versus $216 million; basic and diluted EPS of Class A shares were $1.75 and $1.69 versus $1.61 and $1.51
Total gross profit per unit was $6,783, down $155; Adjusted EBITDA was $672 million with a 10.4% margin, down from 11.5%
For Q2 2026, the company expects a sequential increase in retail units sold and Adjusted EBITDA, assuming the environment remains stable
Carvana reported fourth-quarter and full-year 2025 results on February 18, 2026. Revenue grew 58% in the fourth quarter to $5.603 billion and 49% for the year to $20.322 billion, while the company expects significant growth in 2026 retail units and Adjusted EBITDA. Fourth-quarter Adjusted EBITDA margin fell to 9.1% from 10.1%, and net income was boosted by a tax benefit of about $685 million.
Q4 2025 revenue was $5.603 billion, up 58%, on 163,522 retail units sold, up 43%
Q4 2025 net income was $951 million, including a tax-related benefit of about $685 million; FY 2025 net income was $1.895 billion
Q4 2025 Adjusted EBITDA was $511 million, with margin down to 9.1% from 10.1%
Company expects significant growth in full-year 2026 retail units and Adjusted EBITDA, and a sequential increase in both in Q1 2026, assuming a stable environment
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Carvana filing is on SEC EDGAR ↗. 8-K briefs of other companies →