Carvana (CVNA) Capital Expenditures (2016 - 2026)
Carvana (CVNA) recorded Capital Expenditures of $64 million in Q3 2026, up 68.4% from $38 million a year earlier and up 25.5% from the prior quarter.
Carvana (CVNA) Capital Expenditures (2016 - 2026) Analysis & Trends
On a TTM basis, Carvana's Capital Expenditures came in at $217 million as of Sep 30, 2026, up 80.8% year-over-year; for FY2025, it was $147 million, up 61.5% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of -16.4% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $91 million in FY2024 (+4.6%), $87 million in FY2023 (-83.0%), $512 million in FY2022 (-8.1%) and $557 million in FY2021 (+54.7%).
- The Q3 2026 figure is the highest quarterly Capital Expenditures since Q3 2022.
- On a year-over-year basis, Capital Expenditures has increased for ten consecutive quarters, with growth averaging 62.4% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 168.3% in Q1 2022, against a decline of 87.2% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $51 million (Q2 2026), $51 million (Q1 2026) and $51 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,583.91 Bn | 2,583.91 Bn | - | 77.26 Bn |
| 2 | Home Depot | 327.32 Bn | 320.57 Bn | 16.12 Bn | 880.00 Mn |
| 3 | Tjx Companies | 155.16 Bn | 132.70 Bn | 5.07 Bn | 497.00 Mn |
| 4 | Lowes Companies | 116.41 Bn | 109.37 Bn | 8.58 Bn | 542.00 Mn |
| 5 | O Reilly Automotive | 72.96 Bn | 72.96 Bn | 2.68 Bn | -308,223.00 |
| 6 | Ross Stores | 72.59 Bn | 55.51 Bn | 2.12 Bn | 251.26 Mn |
| 7 | Target | 69.63 Bn | 64.22 Bn | 8.94 Bn | 1.37 Bn |
| 8 | Autozone | 52.04 Bn | 50.89 Bn | 3.52 Bn | 436.10 Mn |
| 9 | Carvana | 49.71 Bn | 39.29 Bn | 1.52 Bn | 64.00 Mn |
| 10 | JD.com | 36.48 Bn | -83.72 Bn | 8.74 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 64.00 Mn |
| Jun 30, 2026 | 51.00 Mn |
| Mar 31, 2026 | 51.00 Mn |
| Dec 31, 2025 | 51.00 Mn |
| Sep 30, 2025 | 38.00 Mn |
| Jun 30, 2025 | 31.00 Mn |
| Mar 31, 2025 | 27.00 Mn |
| Dec 31, 2024 | 24.00 Mn |
| Sep 30, 2024 | 27.00 Mn |
| Jun 30, 2024 | 22.00 Mn |
| Mar 31, 2024 | 18.00 Mn |
| Dec 31, 2023 | 18.00 Mn |
| Sep 30, 2023 | 19.00 Mn |
| Jun 30, 2023 | 18.00 Mn |
| Mar 31, 2023 | 32.00 Mn |
| Dec 31, 2022 | 61.00 Mn |
| Sep 30, 2022 | 90.00 Mn |
| Jun 30, 2022 | 141.00 Mn |
| Mar 31, 2022 | 220.00 Mn |
| Dec 31, 2021 | 167.00 Mn |
Carvana Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CVNA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "CVNA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=CVNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();