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
DateValue
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