Carvana (CVNA) Invested Capital (2016 - 2026)

Carvana's Invested Capital history runs 11 years deep, the most recent figure standing at $4.7 billion for Q1 2026.

• In Q1 2026, Invested Capital rose 119.36% year-over-year to $4.7 billion; the TTM figure through Mar 2026 stood at $4.7 billion (up 119.36% YoY), while the FY2025 annual figure was $7.4 billion, up 28.65% from the prior year.
• Invested Capital was $4.7 billion for Q1 2026 at Carvana, down from $7.4 billion in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $7.4 billion in Q4 2025 to a low of -$1.1 billion in Q1 2023.
• Historically, Invested Capital has averaged $1.8 billion across 5 years, with a median of $669.0 million in 2022.
• The sharpest annual moves came in 2023 and 2025: Invested Capital slumped 433.54% in 2023, then surged 26762.5% in 2025.
• A 5-year view of Invested Capital shows it stood at -$788.0 million in 2022, then soared by 88.07% to -$94.0 million in 2023, then jumped by 6185.11% to $5.7 billion in 2024, then climbed by 28.65% to $7.4 billion in 2025, then sank by 36.42% to $4.7 billion in 2026.
• The last three Invested Capital figures came in at $4.7 billion (Q1 2026), $7.4 billion (Q4 2025), and $3.3 billion (Q3 2025), per Business Quant data.