Carvana (CVNA) Notes Payables (2016 - 2026)
Carvana (CVNA) posted quarterly Notes Payables of $229.0 million for Q1 2026, down 25.65% year-over-year from $308.0 million in Q1 2025, and up 0.88% on a QoQ basis from $227.0 million in Q4 2025.
Carvana (CVNA) Notes Payables (2016 - 2026) Analysis & Trends
Carvana (CVNA) has reported Notes Payables for 11 consecutive years, with $229.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Notes Payables fell 25.65% year-over-year to $229.0 million; the TTM figure through Mar 2026 stood at $229.0 million (down 25.65% YoY), while the FY2025 annual figure was $227.0 million, down 26.54% from the prior year.
- Notes Payables came in at $229.0 million for Q1 2026 at Carvana, up from $227.0 million in the prior quarter.
- The five-year high for Notes Payables was $320.0 million in Q3 2025, with the low at $178.0 million in Q1 2022.
- Average Notes Payables over 5 years is $229.6 million, with a median of $209.0 million recorded in 2024.
- Across the five-year window, Notes Payables jumped 198.59% in 2022 and decreased 26.54% in 2025, its largest moves.
- Year by year, Notes Payables stood at $201.0 million in 2022, then slipped by 5.97% to $189.0 million in 2023, then jumped by 63.49% to $309.0 million in 2024, then retreated by 26.54% to $227.0 million in 2025, then increased by 0.88% to $229.0 million in 2026.
- According to Business Quant data, Notes Payables over the past three periods registered $229.0 million, $227.0 million, and $320.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn |
| 10 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 229.00 Mn |
| Dec 31, 2025 | 227.00 Mn |
| Sep 30, 2025 | 320.00 Mn |
| Jun 30, 2025 | 312.00 Mn |
| Mar 31, 2025 | 308.00 Mn |
| Dec 31, 2024 | 309.00 Mn |
| Sep 30, 2024 | 209.00 Mn |
| Jun 30, 2024 | 203.00 Mn |
| Mar 31, 2024 | 194.00 Mn |
| Dec 31, 2023 | 189.00 Mn |
| Sep 30, 2023 | 200.00 Mn |
| Jun 30, 2023 | 199.00 Mn |
| Mar 31, 2023 | 201.00 Mn |
| Dec 31, 2022 | 201.00 Mn |
| Sep 30, 2022 | 213.00 Mn |
| Jun 30, 2022 | 212.00 Mn |
| Mar 31, 2022 | 178.00 Mn |
| Dec 31, 2021 | 152.00 Mn |
| Sep 30, 2021 | 74.00 Mn |
| Jun 30, 2021 | 71.00 Mn |