CARVANA CO. CVNA

Carvana’s latest supplied financial rail is unusually concrete: the 2026-03-31 10-Q shows $6.43B of revenue from contracts with customers, $581.0M of operating income and $250.0M of net income attributable to parent. For a company whose public story often gets compressed into a simple used-car-growth label, the filed numbers make the current file more exacting: the business is profitable on this supplied quarter, cash is visible, inventory is large, and the operating machine has to keep turning vehicles into revenue without losing control of capital.

Carvana is an online used-vehicle retailer with a sales model that reaches beyond the headline act of selling cars. The 2026-03-31 10-Q says retail vehicle sales include shipping and delivery fees and service revenue from retail marketplace transactions. It also says other sales and revenues include gains on sales of finance receivables and sales commissions on complementary products such as vehicle service contracts, GAP waiver coverage and auto insurance. That matters because the economic story is not only unit sales. It is vehicle flow, delivery, finance receivables and attached products moving through one retail platform.

The filed balance sheet and cash figures give the report its spine. SEC EDGAR company facts for the 2026-03-31 10-Q show assets of $13.77B, liabilities of $9.14B, stockholders' equity attributable to parent of $3.72B and cash and cash equivalents of $2.41B. Operating cash flow was $107.0M, payments to acquire property, plant and equipment were $51.0M, inventory net was $2.66B, and inventories increased by $247.0M. The latest supplied EPS figure is diluted EPS of $8.45 from the 10-K for the period ending 2025-12-31, with diluted weighted average shares outstanding of 224.3M shares.

The supplied source rail does not include a TradingView route, chart image, price level, candle pattern or volume statistic, so the market mechanism here has to be described through filings rather than chart theatre. The relevant public developments are named SEC EDGAR filings: Form 4 entries dated 2026-06-09, 2026-06-11 and 2026-06-16, Rule 144 notices dated 2026-06-08, 2026-06-10 and 2026-06-15, the SEC filing index, the submissions JSON and the companyfacts JSON. Those documents establish a busy official-filing trail backdrop, but they do not, in this evidence pack, provide enough detail to infer motive, future selling pressure or valuation.

The April source trail is clearer on operating disclosure. Carvana’s 2026-04-29 8-K says the company announced financial results for the fiscal quarter ended 2026-03-31 by issuing a shareholder letter and press release. The 2026-04-29 10-Q supplies the filed figures and product economics, including the $526M of other sales and revenues for the three months ended 2026-03-31 and the filing statement that other sales and revenues are 100% gross margin products for which gross profit equals revenue. The 2026-05-06 8-K adds that stockholders approved the Carvana Co item at the Annual Meeting, but the supplied excerpt does not state the full proposal title, so this report should not dress it up beyond that wording.

What remains unproven is just as important. The evidence does not provide current share price, market capitalisation, analyst estimates, guidance text, unit volumes, named executive transactions inside the June forms, debt maturity detail, customer demand data or auction-market pricing. The daily story therefore sits on a narrower but firmer rail: profitable latest supplied quarter, material inventory, visible cash, meaningful attached-product revenue, and a cluster of official June filings that deserve to be named without being overread.