Discontinued — last reported Q2 '16

Operating

Fair Value Adjustment of Warrants

Carvana Fair Value Adjustment of Warrants decreased by 37.3% to $42.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 126.6%, from -$158.00M to $42.00M. Over 4 years (FY 2021 to FY 2025), Fair Value Adjustment of Warrants shows an upward trend with a 27.8% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryRisk
SignalContext dependent
VolatilityVolatile
First reportedQ3 2013
Last reportedQ2 2016

How to read this metric

Increases in stock price typically lead to higher warrant liabilities and non-cash losses, while stock price declines lead to non-cash gains.

Detailed definition

This metric captures the non-cash gains or losses resulting from the revaluation of warrant liabilities at the end of ea...

Peer comparison

Specific to companies with complex capital structures involving warrants; not applicable to all peers.

Metric ID: cf_pltr_fair_value_adjustment_of_warrants

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$24.00M$5.00M$0.00$72.00M$3.00M$0.00$0.00-$3.00M$0.00-$75.00M$22.00M$26.00M-$88.00M-$158.00M$35.00M$120.00M$67.00M$42.00M
QoQ Change-79.2%-100.0%-95.8%-100.0%+100.0%+129.3%+18.2%-438.5%-79.5%+122.2%+242.9%-44.2%-37.3%
YoY Change-87.5%-100.0%-104.2%-100.0%+966.7%-110.7%+59.1%+361.5%+176.1%+126.6%
Range-$158.00M$120.00M
Avg YoY Growth+118.8%
Median YoY Growth-14.2%
Current Streak2 quarters decline

Frequently Asked Questions

What is Carvana's fair value adjustment of warrants?
Carvana (CVNA) reported fair value adjustment of warrants of $42.00M in Q1 2026.
How has Carvana's fair value adjustment of warrants changed year-over-year?
Carvana's fair value adjustment of warrants increased by 126.6% year-over-year, from -$158.00M to $42.00M.
What is the long-term trend for Carvana's fair value adjustment of warrants?
Over 4 years (2021 to 2025), Carvana's fair value adjustment of warrants has grown at a 27.8% compound annual growth rate (CAGR), from $24.00M to $64.00M.
What does fair value adjustment of warrants mean?
Non-cash changes in the value of outstanding warrants based on stock price movements.