Carvana (CVNA) Change in Inventory (2016 - 2026)
Carvana's Change in Inventory was $192 million in Q3 2026, down 29.4% from $272 million a year earlier and down 67.2% from the prior quarter.
Powered by 
Analysis
Carvana (CVNA) Change in Inventory (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carvana's Change in Inventory was $1.08 billion through Sep 30, 2026, up 10.8% year-over-year; for FY2025, it came in at $734 million, up 61.3% from FY2024.
- Change in Inventory shows a five-year compound annual growth rate of 22.8% (FY2020 to FY2025).
- In earlier years, Change in Inventory was $455 million in FY2024, -$711 million in FY2023, -$1.35 billion in FY2022 and $2.09 billion in FY2021 (+693.2%).
- Quarterly Change in Inventory has moved between -$716 million (Q4 2022) and $856 million (Q4 2021) over five years.
- Compared with a year earlier, Change in Inventory was higher in four of the last six quarters, with growth averaging 218.0%.
- Per Business Quant data, CVNA's Change in Inventory in the three quarters before Q3 2026 was $586 million (Q2 2026), $247 million (Q1 2026) and $58 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,583.91 Bn | 2,583.91 Bn | - | 4.52 Bn |
| 2 | Home Depot | 327.32 Bn | 320.57 Bn | 16.12 Bn | -604.00 Mn |
| 3 | Tjx Companies | 155.16 Bn | 132.70 Bn | 5.07 Bn | 221.00 Mn |
| 4 | Lowes Companies | 116.41 Bn | 109.37 Bn | 8.58 Bn | -709.00 Mn |
| 5 | O Reilly Automotive | 72.96 Bn | 72.96 Bn | 2.68 Bn | 198.27 Mn |
| 6 | Ross Stores | 72.59 Bn | 55.51 Bn | 2.12 Bn | 110.41 Mn |
| 7 | Target | 69.63 Bn | 64.22 Bn | 8.94 Bn | 932.00 Mn |
| 8 | Autozone | 52.04 Bn | 50.89 Bn | 3.52 Bn | 176.29 Mn |
| 9 | Carvana | 49.71 Bn | 39.29 Bn | 1.52 Bn | 192.00 Mn |
| 10 | JD.com | 36.48 Bn | -83.72 Bn | 8.74 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 192.00 Mn |
| Jun 30, 2026 | 586.00 Mn |
| Mar 31, 2026 | 247.00 Mn |
| Dec 31, 2025 | 58.00 Mn |
| Sep 30, 2025 | 272.00 Mn |
| Jun 30, 2025 | 518.00 Mn |
| Mar 31, 2025 | -114.00 Mn |
| Dec 31, 2024 | 301.00 Mn |
| Sep 30, 2024 | 84.00 Mn |
| Jun 30, 2024 | 56.00 Mn |
| Mar 31, 2024 | 14.00 Mn |
| Dec 31, 2023 | 66.00 Mn |
| Sep 30, 2023 | -213.00 Mn |
| Jun 30, 2023 | -179.00 Mn |
| Mar 31, 2023 | -385.00 Mn |
| Dec 31, 2022 | -716.00 Mn |
| Sep 30, 2022 | -305.00 Mn |
| Jun 30, 2022 | -466.00 Mn |
| Mar 31, 2022 | 133.00 Mn |
| Dec 31, 2021 | 856.00 Mn |
API Access
Carvana Change in Inventory 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=change-in-inventory&ticker=CVNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=CVNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();