Carvana (CVNA) Invested Capital (2016 - 2026)
Carvana (CVNA) posted quarterly Invested Capital of $126.0 million for Q2 2026, up 75.0% year-over-year from $72.0 million in Q2 2025, and up 59.49% quarter-over-quarter from $79.0 million in Q1 2026.
Carvana (CVNA) Invested Capital (2016 - 2026) Analysis & Trends
Carvana's Invested Capital history runs 11 years deep, the most recent figure standing at $126.0 million for Q2 2026.
- In Q2 2026, Invested Capital rose 75.0% year-over-year to $126.0 million; the TTM figure through Jun 2026 stood at $336.0 million (up 20.43% YoY), while the FY2025 annual figure was $58.0 million, down 13.43% from the prior year.
- Invested Capital for Q2 2026 stood at $126.0 million, up from $79.0 million in the prior quarter.
- The five-year high for Invested Capital was $2.8 billion in Q1 2022, with the low at $58.0 million in Q4 2025.
- The 5-year median for Invested Capital is $200.5 million (2024), against an average of $607.6 million.
- The sharpest annual moves came in 2022 and 2024: Invested Capital surged 2183.61% in 2022, then plunged 93.8% in 2024.
- Carvana's Invested Capital stood at $1.5 billion in 2022, then plunged by 56.45% to $668.0 million in 2023, then plunged by 89.97% to $67.0 million in 2024, then fell by 13.43% to $58.0 million in 2025, then surged by 117.24% to $126.0 million in 2026.
- Business Quant data shows CVNA's Invested Capital at $126.0 million in Q2 2026, $79.0 million in Q1 2026, and $58.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 77.40 Bn | 77.39 Bn | - | - |
| 2 | Carvana | 51.06 Bn | 48.31 Bn | 1.38 Bn | 126.00 Mn |
| 3 | Penske Automotive | 14.26 Bn | 14.19 Bn | 1.36 Bn | 377.30 Mn |
| 4 | Lithia Motors | 8.57 Bn | 8.21 Bn | 1.50 Bn | 93.00 Mn |
| 5 | Carmax | 8.28 Bn | 7.68 Bn | 854.41 Mn | 554.08 Mn |
| 6 | Autonation | 7.01 Bn | 6.96 Bn | 1.23 Bn | 83.30 Mn |
| 7 | Autozi Internet Technology (Global) | 6.78 Bn | 6.59 Bn | - | 760.00 Mn |
| 8 | Rush Enterprises Inc \Tx\ | 6.31 Bn | 6.04 Bn | 361.67 Mn | 1.74 Mn |
| 9 | Valvoline | 4.29 Bn | 4.20 Bn | 214.90 Mn | 31.10 Mn |
| 10 | Openlane | 4.27 Bn | 4.08 Bn | 248.20 Mn | 5.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 126.00 Mn |
| Mar 31, 2026 | 79.00 Mn |
| Dec 31, 2025 | 58.00 Mn |
| Sep 30, 2025 | 73.00 Mn |
| Jun 30, 2025 | 72.00 Mn |
| Mar 31, 2025 | 64.00 Mn |
| Dec 31, 2024 | 67.00 Mn |
| Sep 30, 2024 | 76.00 Mn |
| Jun 30, 2024 | 72.00 Mn |
| Mar 31, 2024 | 275.00 Mn |
| Dec 31, 2023 | 668.00 Mn |
| Sep 30, 2023 | 429.00 Mn |
| Jun 30, 2023 | 1.16 Bn |
| Mar 31, 2023 | 1.70 Bn |
| Dec 31, 2022 | 1.53 Bn |
| Sep 30, 2022 | 575.00 Mn |
| Jun 30, 2022 | 1.12 Bn |
| Mar 31, 2022 | 2.79 Bn |
| Dec 31, 2021 | 2.05 Bn |
| Sep 30, 2021 | 455.00 Mn |