Investing
CapEx
Carvana CapEx remained flat by 0.0% to $51.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 88.9%, from $27.00M to $51.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows a downward trend with a -28.3% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
cf_capital_expendituresHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $112.00M | $196.00M | $167.00M | $220.00M | $141.00M | $90.00M | $61.00M | $32.00M | $18.00M | $19.00M | $18.00M | $18.00M | $22.00M | $27.00M | $24.00M | $27.00M | $31.00M | $38.00M | $51.00M | $51.00M |
| QoQ Change | — | +75.0% | -14.8% | +31.7% | -35.9% | -36.2% | -32.2% | -47.5% | -43.8% | +5.6% | -5.3% | +0.0% | +22.2% | +22.7% | -11.1% | +12.5% | +14.8% | +22.6% | +34.2% | +0.0% |
| YoY Change | — | — | — | — | +25.9% | -54.1% | -63.5% | -85.5% | -87.2% | -78.9% | -70.5% | -43.8% | +22.2% | +42.1% | +33.3% | +50.0% | +40.9% | +40.7% | +112.5% | +88.9% |
Range$18.00M – $220.00M
CAGR-15.3%
Avg YoY Growth-1.7%
Median YoY Growth+24.1%
Current Streak5 quarters growth
Product Breakdown
| Segment | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|
| Wholesale sales and revenues | $3.00M | $4.00M | $2.00M | $4.00M |
| Total | $31.00M | $38.00M | $51.00M | $51.00M |
CapEx at Other Companies
Frequently Asked Questions
- What is Carvana's capex?
- Carvana (CVNA) reported capex of $51.00M in Q1 2026.
- How has Carvana's capex changed year-over-year?
- Carvana's capex increased by 88.9% year-over-year, from $27.00M to $51.00M.
- What is the long-term trend for Carvana's capex?
- Over 4 years (2021 to 2025), Carvana's capex has grown at a -28.3% compound annual growth rate (CAGR), from $557.00M to $147.00M.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.