Full-Time
Online used-vehicle retailer with nationwide delivery
No salary listed
No H1B Sponsorship
Remote in USA
Remote
Remote role; must travel at least 80% of the time.
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Carvana runs an online used-vehicle marketplace where customers buy, sell, and trade cars through a nationwide digital inventory and home delivery. It lets buyers complete the entire purchase process online from viewing listings to arranging delivery, with features such as a 7-day money-back guarantee. Selling or trading a vehicle is done online in seconds, streamlining the process with instant offers and vehicle pickup or drop-off options. The service relies on a strong emphasis on convenience and transparency, leveraging technology to simplify car transactions and provide a seamless ecommerce experience. Carvana differentiates itself from competitors by offering a fully online, end-to-end process with nationwide delivery, a no-hassle return policy, and quick online trade-in capabilities, backed by a customer-first approach. The company aims to make buying, selling, and trading cars as easy and transparent as possible for consumers.
Company Size
5,001-10,000
Company Stage
IPO
Headquarters
Tempe, Arizona
Founded
2012
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Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
401(k) Company Match
Wellness Program
Carvana has priced a $1.66 billion Senior Secured Term Loan B facility to refinance its 9.00% Senior Secured Notes due 2030. The term loan was priced at one-month Term SOFR plus 225 basis points and issued at 99.75% of principal, with a seven-year maturity. The transaction is expected to reduce cash interest expense by approximately $45 million annually on a leverage-neutral basis over the next four years whilst extending the company's debt maturity profile. As of 30 June 2026, Carvana reported total debt of $5.24 billion and cash equivalents of $2.63 billion, resulting in net debt of $2.61 billion. The company's trailing twelve-month Adjusted EBITDA was $2.59 billion, placing its net debt to Adjusted EBITDA ratio at 1.0x.
Taira Thomas, President of Special Projects at Carvana, sold 3,948 shares of Class A Common Stock on 1 August 2026, according to an SEC Form 4 filing. The transaction was valued at approximately $246,200. The sale was non-discretionary, made to satisfy tax withholding obligations related to vesting restricted stock units. Thomas retains significant equity exposure, holding 387,725 shares directly following the disposal. A separate award vesting of 80,547 shares was also reported during the same filing period. As of 3 August 2026, Carvana had a market capitalisation of $74.6 billion, with trailing twelve-month revenue of $25.1 billion and net income of $1.6 billion. The used car seller operates a digital platform facilitating pre-owned vehicle transactions across the United States.
Carvana, the online used vehicle retailer that nearly went bankrupt in 2022 when its shares traded below $1, has reported record revenue, profit, and adjusted earnings for the second quarter of 2026. The company owed over $5 billion after expanding aggressively during the pandemic boom. In 2023, Carvana reached a deal with bondholders led by Apollo Global Management that cut more than $1 billion off bond principal and deferred interest payments for two years. The company's shareholders' equity has swung from negative $1.053 billion in 2022 to positive $5.138 billion. Long-term debt fell from $6.574 billion to $4.854 billion, whilst cash reserves increased from $434 million to $2.63 billion.
Carvana to present at upcoming J.P. Morgan Automotive Conference. PHOENIX - Carvana (NYSE: CVNA), the industry pioneer for buying and selling cars online, today announced that Mark Jenkins, Carvana's Chief Financial Officer, will present to the investor community and host meetings at the upcoming J.P. Morgan Automotive Conference. 2026 J.P. Morgan Automotive Conference Presentation: Wednesday, Aug. 12, 2026, at 10:10 a.m. ET* *A webcast of the presentation will be available on the Investor Relations section of Carvana's website (https://investors.carvana.com). An archived replay of the webcast will be available following the live presentation. About Carvana Carvana's mission is to change the way people buy and sell cars. Since launching in 2013, more than 4 million customers have chosen Carvana's leading automotive e-commerce experience to shop, sell, finance, and trade in vehicles entirely online, with the convenience of delivery or local pickup as soon as the same day. Carvana's unique offering is powered by its passionate team, differentiated national infrastructure, and purpose-built technology. Investors: Mike McKeever Carvana Communications
Carvana reported record sales and operating income in Q2 2026, selling almost 200,000 cars and posting net income of $513 million. Revenue jumped 52% to $7.4 billion, whilst adjusted EBITDA reached a record $769 million. However, CEO Ernie Garcia warned that rising fuel costs reduced profit per vehicle by approximately $75. The company's nationwide delivery model makes it particularly vulnerable to fuel price increases, which raised inbound transport and delivery expenses. Garcia also noted that Carvana passed back over 100 basis points of interest rate savings to customers during the quarter, which reduced per-vehicle profit by roughly $500. Despite these pressures, profit per unit only fell by around $200 due to operational improvements elsewhere in the business.