Carvana (CVNA) Notes Payables (2016 - 2026)

Carvana (CVNA) posted quarterly Notes Payables of $256.0 million for Q2 2026, down 17.95% year-over-year from $312.0 million in Q2 2025, and up 11.79% quarter-over-quarter from $229.0 million in Q1 2026.

Carvana (CVNA) Notes Payables (2016 - 2026) Analysis & Trends

Carvana's Notes Payables history runs 11 years deep, the most recent figure standing at $256.0 million for Q2 2026.

  • In Q2 2026, Notes Payables fell 17.95% year-over-year to $256.0 million; the TTM figure through Jun 2026 stood at $256.0 million (down 17.95% YoY), while the FY2025 annual figure was $227.0 million, down 26.54% from the prior year.
  • Notes Payables for Q2 2026 stood at $256.0 million, up from $229.0 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.
  • The 5-year median for Notes Payables is $210.5 million (2022), against an average of $231.1 million.
  • The sharpest annual moves came in 2022 and 2025: Notes Payables soared 198.59% in 2022, then dropped 26.54% in 2025.
  • Carvana's Notes Payables stood at $201.0 million in 2022, then declined by 5.97% to $189.0 million in 2023, then soared by 63.49% to $309.0 million in 2024, then slipped by 26.54% to $227.0 million in 2025, then advanced by 12.78% to $256.0 million in 2026.
  • Business Quant data shows CVNA's Notes Payables at $256.0 million in Q2 2026, $229.0 million in Q1 2026, and $227.0 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Uxin 79.73 Bn 79.73 Bn -
2 Carvana 51.31 Bn 48.57 Bn 1.38 Bn
3 Penske Automotive 14.31 Bn 14.24 Bn 1.36 Bn
4 Lithia Motors 8.61 Bn 8.25 Bn 1.50 Bn
5 Carmax 8.33 Bn 7.73 Bn 854.41 Mn
6 Autonation 7.02 Bn 6.97 Bn 1.23 Bn
7 Rush Enterprises Inc \Tx\ 6.34 Bn 6.08 Bn 361.67 Mn
8 Autozi Internet Technology (Global) 6.33 Bn 6.14 Bn -
9 Valvoline 4.30 Bn 4.22 Bn 214.90 Mn
10 Openlane 4.29 Bn 4.10 Bn 248.20 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 256.00 Mn
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