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Carvana CVNA Tax receivable agreement payments

Tax receivable agreement payments at other companies

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Smith Douglas HomesSDHC
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Interactive Brokers Group, Inc. logo
Interactive Brokers Group, Inc.IBKR
$3.75M-40.0%
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Interactive Brokers Group, Inc.IBKR
$3.75M-40.0%

Other financials

Income statement

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Revenue$7.4B+52.4%
Gross profit$1.4B+30.1%
Operating income$680.0M+33.1%
Net income$310.0M+69.4%
EPS (diluted)$0.42+61.5%

Balance sheet

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Cash & equivalents$2.7B+42.1%
Total debt$5.8B-8.2%
Total equity$4.0B+133%
Total assets$14.6B+55.4%

Cash flow

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Operating cash flow$238.0M+721%
CapEx$51.0M+64.5%
Free cash flow$187.0M

Valuation

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Market cap$75.14B+53.3%
Enterprise value$78.15B+46.5%
P/E47.9×-39.1×
P/S0.0×

Profitability

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Gross margin19.4%-2.5pp
Operating margin8.9%-0.3pp
Net margin6.3%+2.8pp
FCF margin3.7%-0.1pp

Returns & leverage

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Return on equity54.5%+4.6pp
Debt / equity1.4×-2.2×
Current ratio3.9×-0.1×

Where this comes from

Reported directly by Carvana in its filing.

Tagged under the XBRL concept cvna:PaymentsForTaxReceivableAgreement.

The source filing: Carvana’s 10-Q, filed July 29, 2026.

Filed
Jul 29, 2026, 4:11 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001690820-26-000055
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Payments on long-term debt(41)(98)
Payments of debt issuance costs(2)(11)
Payments of tax made on behalf of non-controlling members(4)(4)
Tax receivable agreement payments(37)(17)
Proceeds from equity-based compensation plans422
Tax withholdings related to RSUs(44)(13)
Net cash provided by (used in) financing activities52(37)
Net increase in cash, cash equivalents and restricted cash314170

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Carvana's tax receivable agreement payments?
Carvana (CVNA) reported tax receivable agreement payments of $0 in Q2 2026.
What does tax receivable agreement payments mean?
Cash payments made to pre-IPO shareholders or partners under a tax receivable agreement, typically triggered by the realization of tax benefits. These payments represent a contractual obligation to share tax savings with former owners.

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