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Carvana (CVNA) Operating Expenses (2016 - 2026)

Carvana has reported Operating Expenses over the past 11 years, most recently at $690.0 million for Q1 2026.

  • For Q1 2026, Operating Expenses rose 28.97% year-over-year to $690.0 million; the TTM value through Mar 2026 reached $2.5 billion, up 26.11%, while the annual FY2025 figure was $2.3 billion, 23.16% up from the prior year.
  • Operating Expenses for Q1 2026 was $690.0 million at Carvana, up from $627.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $727.0 million in Q1 2022 and troughed at $433.0 million in Q3 2023.
  • A 5-year average of $553.2 million and a median of $535.0 million in 2025 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: skyrocketed 83.12% in 2022 and later crashed 37.31% in 2023.
  • Year by year, Operating Expenses stood at $632.0 million in 2022, then crashed by 30.54% to $439.0 million in 2023, then rose by 12.53% to $494.0 million in 2024, then rose by 26.92% to $627.0 million in 2025, then increased by 10.05% to $690.0 million in 2026.
  • Business Quant data shows Operating Expenses for CVNA at $690.0 million in Q1 2026, $627.0 million in Q4 2025, and $595.0 million in Q3 2025.