Carvana (CVNA) Free Cash Flow (2016 - 2026)
Carvana's Free Cash Flow came in at $187 million for Q2 2026, compared with -$2 million a year earlier and up 233.9% from the prior quarter.
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Analysis
Carvana (CVNA) Free Cash Flow (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Carvana reported Free Cash Flow of $929 million, up 51.1% 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 five-year range for quarterly Free Cash Flow is -$1.34 billion (Q4 2021) to $580 million (Q3 2023).
- Year-over-year, Free Cash Flow increased in two of the last five quarters, with growth averaging 194.7%.
- Business Quant data shows CVNA's Free Cash Flow at $56 million (Q1 2026), $379 million (Q4 2025) and $307 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,829.78 Bn | 2,346.48 Bn | 104.83 Bn | -8.82 Bn |
| 2 | Home Depot | 290.18 Bn | 283.42 Bn | 16.12 Bn | 4.51 Bn |
| 3 | Tjx Companies | 152.80 Bn | 130.34 Bn | 5.07 Bn | 1.73 Bn |
| 4 | Lowes Companies | 104.32 Bn | 97.29 Bn | 8.58 Bn | 3.12 Bn |
| 5 | Ross Stores | 71.10 Bn | 54.02 Bn | 2.12 Bn | 624.50 Mn |
| 6 | O Reilly Automotive | 70.56 Bn | 69.64 Bn | 2.52 Bn | 698.90 Mn |
| 7 | Carvana | 70.07 Bn | 61.67 Bn | 1.38 Bn | 187.00 Mn |
| 8 | Target | 69.82 Bn | 64.41 Bn | 8.94 Bn | 2.43 Bn |
| 9 | Autozone | 48.00 Bn | 46.90 Bn | 2.52 Bn | 456.48 Mn |
| 10 | JD.com | 32.86 Bn | -77.35 Bn | 8.71 Bn | 5.54 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | -479.00 Mn |
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();