Carvana (CVNA) Operating Leases (2019 - 2026)
Carvana (CVNA) posted quarterly Operating Leases of $461.0 million for Q2 2026, down 2.54% year-over-year from $473.0 million in Q2 2025, and down 1.28% quarter-over-quarter from $467.0 million in Q1 2026.
Carvana (CVNA) Operating Leases (2019 - 2026) Analysis & Trends
Carvana's Operating Leases history runs 8 years deep, the most recent figure standing at $461.0 million for Q2 2026.
- In Q2 2026, Operating Leases fell 2.54% year-over-year to $461.0 million; the TTM figure through Jun 2026 stood at $461.0 million (down 2.54% YoY), while the FY2025 annual figure was $406.0 million, down 1.93% from the prior year.
- Operating Leases for Q2 2026 stood at $461.0 million, down from $467.0 million in the prior quarter.
- The five-year high for Operating Leases was $730.0 million in Q3 2022, with the low at $406.0 million in Q4 2025.
- The 5-year median for Operating Leases is $490.5 million (2024), against an average of $506.4 million.
- The sharpest annual moves came in 2022 and 2023: Operating Leases surged 298.28% in 2022, then sank 30.14% in 2023.
- Carvana's Operating Leases stood at $507.0 million in 2022, then decreased by 14.6% to $433.0 million in 2023, then retreated by 4.39% to $414.0 million in 2024, then slipped by 1.93% to $406.0 million in 2025, then rose by 13.55% to $461.0 million in 2026.
- Business Quant data shows CVNA's Operating Leases at $461.0 million in Q2 2026, $467.0 million in Q1 2026, and $406.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Uxin | 77.40 Bn | 77.39 Bn | - |
| 2 | Carvana | 51.06 Bn | 48.31 Bn | 1.38 Bn |
| 3 | Penske Automotive | 14.26 Bn | 14.19 Bn | 1.36 Bn |
| 4 | Lithia Motors | 8.57 Bn | 8.21 Bn | 1.50 Bn |
| 5 | Carmax | 8.28 Bn | 7.68 Bn | 854.41 Mn |
| 6 | Autonation | 7.01 Bn | 6.96 Bn | 1.23 Bn |
| 7 | Autozi Internet Technology (Global) | 6.78 Bn | 6.59 Bn | - |
| 8 | Rush Enterprises Inc \Tx\ | 6.31 Bn | 6.04 Bn | 361.67 Mn |
| 9 | Valvoline | 4.29 Bn | 4.20 Bn | 214.90 Mn |
| 10 | Openlane | 4.27 Bn | 4.08 Bn | 248.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 461.00 Mn |
| Mar 31, 2026 | 467.00 Mn |
| Dec 31, 2025 | 406.00 Mn |
| Sep 30, 2025 | 475.00 Mn |
| Jun 30, 2025 | 473.00 Mn |
| Mar 31, 2025 | 472.00 Mn |
| Dec 31, 2024 | 414.00 Mn |
| Sep 30, 2024 | 493.00 Mn |
| Jun 30, 2024 | 510.00 Mn |
| Mar 31, 2024 | 488.00 Mn |
| Dec 31, 2023 | 433.00 Mn |
| Sep 30, 2023 | 510.00 Mn |
| Jun 30, 2023 | 526.00 Mn |
| Mar 31, 2023 | 553.00 Mn |
| Dec 31, 2022 | 507.00 Mn |
| Sep 30, 2022 | 730.00 Mn |
| Jun 30, 2022 | 693.00 Mn |
| Mar 31, 2022 | 504.00 Mn |
| Dec 31, 2021 | 361.00 Mn |
| Sep 30, 2021 | 288.00 Mn |