Carvana (CVNA) Operating Leases (2019 - 2026)

Carvana's Operating Leases history runs 8 years deep, the most recent figure standing at $467.0 million for Q1 2026.

• In Q1 2026, Operating Leases fell 1.06% year-over-year to $467.0 million; the TTM figure through Mar 2026 stood at $467.0 million (down 1.06% YoY), while the FY2025 annual figure was $406.0 million, down 1.93% from the prior year.
• Operating Leases was $467.0 million for Q1 2026 at Carvana, up from $406.0 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $730.0 million in Q3 2022 to a low of $402.0 million in Q2 2025.
• Historically, Operating Leases has averaged $489.2 million across 5 years, with a median of $467.0 million in 2026.
• The sharpest annual moves came in 2022 and 2023: Operating Leases soared 362.0% in 2022, then slumped 30.14% in 2023.
• A 5-year view of Operating Leases shows it stood at $507.0 million in 2022, then slipped by 14.6% to $433.0 million in 2023, then decreased by 4.39% to $414.0 million in 2024, then dropped by 1.93% to $406.0 million in 2025, then climbed by 15.02% to $467.0 million in 2026.
• The last three Operating Leases figures came in at $467.0 million (Q1 2026), $406.0 million (Q4 2025), and $402.0 million (Q3 2025), per Business Quant data.