Growth Metrics

Carvana (CVNA) Invested Capital (2016 - 2026)

Carvana has reported Invested Capital over the past 11 years, most recently at $4.7 billion for Q1 2026.

  • For Q1 2026, Invested Capital rose 119.36% year-over-year to $4.7 billion; the TTM value through Mar 2026 reached $4.7 billion, up 119.36%, while the annual FY2025 figure was $7.4 billion, 28.65% up from the prior year.
  • Invested Capital for Q1 2026 was $4.7 billion at Carvana, down from $7.4 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $7.4 billion in Q4 2025 and troughed at -$1.1 billion in Q1 2023.
  • A 5-year average of $1.8 billion and a median of $669.0 million in 2022 define the central range for Invested Capital.
  • Biggest five-year swings in Invested Capital: plummeted 433.54% in 2023 and later surged 26762.5% in 2025.
  • Year by year, Invested Capital stood at -$788.0 million in 2022, then surged by 88.07% to -$94.0 million in 2023, then soared by 6185.11% to $5.7 billion in 2024, then increased by 28.65% to $7.4 billion in 2025, then crashed by 36.42% to $4.7 billion in 2026.
  • Business Quant data shows Invested Capital for CVNA at $4.7 billion in Q1 2026, $7.4 billion in Q4 2025, and $3.3 billion in Q3 2025.