Carvana (CVNA) Free Cash Flow (2016 - 2026)

Carvana (CVNA) posted quarterly Free Cash Flow of $56.0 million for Q1 2026, down 72.68% year-over-year from $205.0 million in Q1 2025, and down 85.22% on a QoQ basis from $379.0 million in Q4 2025.

Carvana (CVNA) Free Cash Flow (2016 - 2026) Analysis & Trends

Carvana (CVNA) has reported Free Cash Flow for 11 consecutive years, with $56.0 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Free Cash Flow fell 72.68% year-over-year to $56.0 million; the TTM figure through Mar 2026 stood at $802.0 million (down 19.48% YoY), while the FY2025 annual figure was $889.0 million, up 7.5% from the prior year.
  • Free Cash Flow came in at $56.0 million for Q1 2026 at Carvana, down from $379.0 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.
  • Average Free Cash Flow over 5 years is $44.8 million, with a median of $56.0 million recorded in 2026.
  • Across the five-year window, Free Cash Flow surged 1502.86% in 2023 and slumped 92.63% in 2025, its largest moves.
  • Year by year, Free Cash Flow stood at -$800.0 million in 2022, then surged by 67.88% to -$257.0 million in 2023, then jumped by 114.01% to $36.0 million in 2024, then soared by 952.78% to $379.0 million in 2025, then sank by 85.22% to $56.0 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $56.0 million, $379.0 million, and $341.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 56.00 Mn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 152.40 Mn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn -85.75 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn -205.50 Mn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn -34.20 Mn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn -5.63 Mn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 37.60 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 220.70 Mn
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 8.40 Mn

Historic Data

Download Data
DateValue
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 205.00 Mn
Mar 31, 2025 205.00 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
Dec 31, 2023 -257.00 Mn
Dec 31, 2023 -257.00 Mn