Carvana CVNA
NYSE CVNA
$65.12 -0.75 (-1.14%)
At close: Sep 18, 2026 · 4:00 PM EDT

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

Carvana (CVNA) posted Free Cash Flow of $234.0 million for Q2 2026, up 317.86% on a QoQ basis from $56.0 million in Q1 2026, and up 800.0% year-over-year from $26.0 million in Q2 2025.

Analysis

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

Carvana has reported Free Cash Flow for 11 years, with the latest figure at $234.0 million in Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 800.0% year-over-year to $234.0 million in Q2 2026; TTM through Jun 2026 was $1.0 billion, a 51.88% increase from a year earlier, with the FY2025 full-year figure at $889.0 million, up 7.5% from the prior year.
  • Free Cash Flow was $234.0 million for Q2 2026 at Carvana, 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.
  • Average Free Cash Flow over 5 years is $55.1 million, with a median of $69.5 million recorded in 2024.
  • The sharpest annual moves came in 2023 and 2025: Free Cash Flow soared 1502.86% in 2023, then plunged 92.63% in 2025.
  • Over 5 years, Free Cash Flow stood at -$800.0 million in 2022, then soared by 67.88% to -$257.0 million in 2023, then surged by 114.01% to $36.0 million in 2024, then jumped by 952.78% to $379.0 million in 2025, then slumped by 38.26% to $234.0 million in 2026.
  • The last three Free Cash Flow figures came in at $234.0 million (Q2 2026), $56.0 million (Q1 2026), and $379.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Carvana 71.60 Bn 69.97 Bn 1.38 Bn 234.00 Mn
2 Penske Automotive 13.96 Bn 13.91 Bn 1.36 Bn 131.80 Mn
3 Carmax 8.11 Bn 7.52 Bn 854.41 Mn -85.75 Mn
4 Lithia Motors 6.96 Bn 6.62 Bn 1.50 Bn -122.00 Mn
5 Autonation 5.57 Bn 5.51 Bn 1.23 Bn -140.70 Mn
6 Sonic Automotive 5.24 Bn 5.22 Bn 616.20 Mn -217.80 Mn
7 Uxin 5.15 Bn 5.21 Bn 10.88 Mn -
8 Asbury Automotive 3.29 Bn 3.25 Bn 753.10 Mn 58.40 Mn
9 Group 1 Automotive 2.94 Bn 2.77 Bn 860.60 Mn 19.80 Mn
10 Marinemax 1.16 Bn 996.41 Mn 218.08 Mn 77.18 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 234.00 Mn
Mar 31, 2026 56.00 Mn
Dec 31, 2025 379.00 Mn
Sep 30, 2025 341.00 Mn
Jun 30, 2025 26.00 Mn
Mar 31, 2025 201.00 Mn
Dec 31, 2024 36.00 Mn
Sep 30, 2024 402.00 Mn
Jun 30, 2024 353.00 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
Sep 30, 2021 -479.00 Mn