Carvana (CVNA) Free Cash Flow (2016 - 2026)
Carvana's Free Cash Flow came in at $491 million for Q3 2026, up 59.9% from $307 million a year earlier and up 162.6% from the prior quarter.
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Analysis
Carvana (CVNA) Free Cash Flow (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Carvana reported Free Cash Flow of $1.11 billion, up 103.8% year-over-year; for FY2025, it was $889 million, up 7.5% from FY2024.
- Going back by year, Free Cash Flow was $827 million in FY2024 (+15.5%), $716 million in FY2023, -$1.84 billion in FY2022 and -$3.15 billion in FY2021.
- The Q3 2026 figure represents the highest quarterly Free Cash Flow since Q3 2023.
- Year-over-year, Free Cash Flow increased in three of the last five quarters, with growth averaging 213.7%.
- Business Quant data shows CVNA's Free Cash Flow at $187 million (Q2 2026), $56 million (Q1 2026) and $379 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,583.91 Bn | 2,583.91 Bn | - | - |
| 2 | Home Depot | 327.32 Bn | 320.57 Bn | 16.12 Bn | 4.51 Bn |
| 3 | Tjx Companies | 155.16 Bn | 132.70 Bn | 5.07 Bn | 1.73 Bn |
| 4 | Lowes Companies | 116.41 Bn | 109.37 Bn | 8.58 Bn | 3.12 Bn |
| 5 | O Reilly Automotive | 72.96 Bn | 72.96 Bn | 2.68 Bn | - |
| 6 | Ross Stores | 72.59 Bn | 55.51 Bn | 2.12 Bn | 624.50 Mn |
| 7 | Target | 69.63 Bn | 64.22 Bn | 8.94 Bn | 2.43 Bn |
| 8 | Autozone | 52.04 Bn | 50.89 Bn | 3.52 Bn | 693.43 Mn |
| 9 | Carvana | 49.71 Bn | 39.29 Bn | 1.52 Bn | 491.00 Mn |
| 10 | JD.com | 36.48 Bn | -83.72 Bn | 8.74 Bn | 5.56 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 491.00 Mn |
| Jun 30, 2026 | 187.00 Mn |
| Mar 31, 2026 | 56.00 Mn |
| Dec 31, 2025 | 379.00 Mn |
| Sep 30, 2025 | 307.00 Mn |
| Jun 30, 2025 | -2.00 Mn |
| Mar 31, 2025 | 205.00 Mn |
| Dec 31, 2024 | 36.00 Mn |
| Sep 30, 2024 | 376.00 Mn |
| Jun 30, 2024 | 332.00 Mn |
| Mar 31, 2024 | 83.00 Mn |
| Dec 31, 2023 | -257.00 Mn |
| Sep 30, 2023 | 580.00 Mn |
| Jun 30, 2023 | 491.00 Mn |
| Mar 31, 2023 | -98.00 Mn |
| Dec 31, 2022 | -800.00 Mn |
| Sep 30, 2022 | -188.00 Mn |
| Jun 30, 2022 | -35.00 Mn |
| Mar 31, 2022 | -813.00 Mn |
| Dec 31, 2021 | -1.34 Bn |
API Access
Carvana Free Cash Flow 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=free-cash-flow&ticker=CVNA&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=CVNA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();