Carvana (CVNA) Notes Payables (2016 - 2026)
Carvana (CVNA) recorded quarterly Notes Payables of $229.0 million in Q1 2026, up 0.88% quarter-over-quarter from $227.0 million in Q4 2025, and down 25.65% on a YoY basis from $308.0 million in Q1 2025.
Carvana (CVNA) Notes Payables (2016 - 2026) Analysis & Trends
Carvana's Notes Payables history runs 11 years deep, the most recent figure standing at $229.0 million for 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 was $229.0 million for Q1 2026 at Carvana, up from $227.0 million in the prior quarter.
- In the past five years, Notes Payables ranged from a high of $320.0 million in Q3 2025 to a low of $178.0 million in Q1 2022.
- Historically, Notes Payables has averaged $229.6 million across 5 years, with a median of $209.0 million in 2024.
- The sharpest annual moves came in 2022 and 2025: Notes Payables jumped 198.59% in 2022, then declined 26.54% in 2025.
- A 5-year view of Notes Payables shows it stood at $201.0 million in 2022, then fell by 5.97% to $189.0 million in 2023, then jumped by 63.49% to $309.0 million in 2024, then dropped by 26.54% to $227.0 million in 2025, then advanced by 0.88% to $229.0 million in 2026.
- The last three Notes Payables figures came in at $229.0 million (Q1 2026), $227.0 million (Q4 2025), and $320.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn |
| 10 | Asbury Automotive | 3.63 Bn | 3.60 Bn | 726.90 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 |