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Critical incident detected

Existential event

Time-sensitive event — see the red-flag panel below for the source-quoted detail.

Red Flags Detected

  • Going Concern (new) — The filing states substantial doubt about the Company's ability to continue as a going concern due to covenant breaches, lack of financing, and constrained liquidity.
  • Covenant Violation (new) — The Company failed to comply with minimum liquidity and collateral coverage ratio covenants, leading to forbearance agreements and an amendment.
NASDAQ: CRMT AMERICAS CARMART INC 10-Q

America's Car-Mart revenue collapses 57.3% to $145.8M; net loss widens to -$69.0M amid going concern doubt

Filed September 9, 2026 · Period ending July 31, 2026 · Compared to 10-Q Sep 9, 2025 · ~1 min read

Key Changes

  • high

    Total revenue fell, and net loss widened to $69.0M, or $8.28 per diluted share, from $5.7M a year ago.

  • high

    Company discloses substantial doubt about its ability to continue as a going concern after breaching financial covenants and entering forbearance agreements.

    MD&A / Notes view on EDGAR →
  • high

    Retail units sold plunged 81.9% to 2,450, and dealership count dropped from 154 to 94 after closing 60 locations in fiscal 2026.

2 more material changes behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 9, 2026 · How we verify