Carvana Notes Payable Current increased by 0.9% to $229.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 25.6%, from $308.00M to $229.00M. Over 5 years (FY 2020 to FY 2025), Notes Payable Current shows an upward trend with a 28.2% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase indicates reliance on short-term financing, while a decrease shows debt reduction or refinancing into long-term instruments.
Notes payable represent formal written promises to pay specific amounts of debt within a one-year period. Unlike account...
Varies by capital structure; companies with strong cash flows typically minimize reliance on short-term notes.
current_liabilities_notes_payable_current| 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 | $71.00M | $74.00M | $152.00M | $178.00M | $212.00M | $213.00M | $201.00M | $201.00M | $199.00M | $200.00M | $189.00M | $194.00M | $203.00M | $209.00M | $309.00M | $308.00M | $312.00M | $320.00M | $227.00M | $229.00M |
| QoQ Change | — | +4.2% | +105.4% | +17.1% | +19.1% | +0.5% | -5.6% | +0.0% | -1.0% | +0.5% | -5.5% | +2.6% | +4.6% | +3.0% | +47.8% | -0.3% | +1.3% | +2.6% | -29.1% | +0.9% |
| YoY Change | — | — | — | — | +198.6% | +187.8% | +32.2% | +12.9% | -6.1% | -6.1% | -6.0% | -3.5% | +2.0% | +4.5% | +63.5% | +58.8% | +53.7% | +53.1% | -26.5% | -25.6% |