Carvana (CVNA) Free Cash Flow (2016 - 2026)
Carvana (CVNA) posted quarterly Free Cash Flow of $234.0 million for Q2 2026, up 800.0% year-over-year from $26.0 million in Q2 2025, and up 317.86% quarter-over-quarter from $56.0 million in Q1 2026.
Carvana (CVNA) Free Cash Flow (2016 - 2026) Analysis & Trends
Carvana's Free Cash Flow history runs 11 years deep, the most recent figure standing at $234.0 million for Q2 2026.
- In Q2 2026, Free Cash Flow rose 800.0% year-over-year to $234.0 million; the TTM figure through Jun 2026 stood at $1.0 billion (up 51.88% YoY), while the FY2025 annual figure was $889.0 million, up 7.5% from the prior year.
- Free Cash Flow for Q2 2026 stood at $234.0 million, up from $56.0 million in the prior quarter.
- The five-year high for Free Cash Flow was $580.0 million in Q3 2023, with the low at -$813.0 million in Q1 2022.
- The 5-year median for Free Cash Flow is $69.5 million (2024), against an average of $55.1 million.
- The sharpest annual moves came in 2023 and 2025: Free Cash Flow jumped 1502.86% in 2023, then plunged 92.63% in 2025.
- Carvana's Free Cash Flow stood at -$800.0 million in 2022, then jumped by 67.88% to -$257.0 million in 2023, then soared by 114.01% to $36.0 million in 2024, then surged by 952.78% to $379.0 million in 2025, then slumped by 38.26% to $234.0 million in 2026.
- Business Quant data shows CVNA's Free Cash Flow at $234.0 million in Q2 2026, $56.0 million in Q1 2026, and $379.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 79.73 Bn | 79.73 Bn | - | - |
| 2 | Carvana | 51.40 Bn | 48.65 Bn | 1.38 Bn | 234.00 Mn |
| 3 | Penske Automotive | 14.30 Bn | 14.23 Bn | 1.36 Bn | 131.80 Mn |
| 4 | Lithia Motors | 8.61 Bn | 8.25 Bn | 1.50 Bn | -122.00 Mn |
| 5 | Carmax | 8.31 Bn | 7.71 Bn | 854.41 Mn | -85.75 Mn |
| 6 | Autonation | 7.03 Bn | 6.98 Bn | 1.23 Bn | -140.70 Mn |
| 7 | Autozi Internet Technology (Global) | 6.33 Bn | 6.14 Bn | - | - |
| 8 | Rush Enterprises Inc \Tx\ | 6.32 Bn | 6.06 Bn | 361.67 Mn | 50.95 Mn |
| 9 | Valvoline | 4.29 Bn | 4.20 Bn | 214.90 Mn | 67.30 Mn |
| 10 | Openlane | 4.28 Bn | 4.09 Bn | 248.20 Mn | 39.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 234.00 Mn |
| Jun 30, 2026 | 234.00 Mn |
| Mar 31, 2026 | 56.00 Mn |
| Mar 31, 2026 | 56.00 Mn |
| Dec 31, 2025 | 379.00 Mn |
| Dec 31, 2025 | 379.00 Mn |
| Sep 30, 2025 | 341.00 Mn |
| Sep 30, 2025 | 341.00 Mn |
| Jun 30, 2025 | 26.00 Mn |
| Jun 30, 2025 | 26.00 Mn |
| Mar 31, 2025 | 201.00 Mn |
| Mar 31, 2025 | 201.00 Mn |
| Dec 31, 2024 | 36.00 Mn |
| Dec 31, 2024 | 36.00 Mn |
| Sep 30, 2024 | 402.00 Mn |
| Sep 30, 2024 | 402.00 Mn |
| Jun 30, 2024 | 353.00 Mn |
| Jun 30, 2024 | 353.00 Mn |
| Mar 31, 2024 | 83.00 Mn |
| Mar 31, 2024 | 83.00 Mn |