What is Carvana's income tax?

Carvana (CVNA) reported income tax of $36M in Q1 2026.

How has Carvana's income tax changed year-over-year?

Carvana's income tax increased by 1700.0% year-over-year, from $2M to $36M.

What is the long-term trend for Carvana's income tax?

Over 4 years (2021 to 2025), Carvana's income tax has grown at a 626.5% compound annual growth rate (CAGR), from $1M to -$2.79B.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Carvana CVNA Income Tax

Income Tax at other companies

AutoNationAN

$70.3M+20.2%

Credit AcceptanceCACC

$39.2M+10.7%

CopartCPRT

$100.7M+3.3%

Penske Automotive GroupPAG

$88.8M-3.6%

LAD

Lithia MotorsLAD

$40M-45.4%

CarMaxKMX

$72.93M+0.2%

Segments

By segment

See full

Reportable Segment$36M+1,700%

Other financials

Income statement

See full

Revenue$6.4B+52.0%

Gross profit$1.3B+36.8%

Operating income$581.0M+47.5%

Net income$250.0M+15.7%

EPS (diluted)$2.11—

Balance sheet

See full

Cash & equivalents$2.5B+31.9%

Total debt$5.7B-8.4%

Total equity$3.7B+147%

Total assets$13.8B+55.1%

Cash flow

See full

Operating cash flow$107.0M-53.9%

CapEx$51.0M+88.9%

Free cash flow$56.0M-72.7%

Valuation

See full

Market cap$47.42B+9.8%

Enterprise value$50.59B+6.5%

P/E32.9×-75.6×

P/S2.1×-0.8×

Profitability

See full

Gross margin20.1%-1.5pp

Operating margin9.2%+0.8pp

Net margin6.4%+3.7pp

FCF margin3.3%-3.1pp

Returns & leverage

See full

Return on equity55.2%+10.8pp

Debt / equity1.5×-2.6×

Current ratio4.1×+0.3×

Where this comes from

Reported directly by Carvana in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Carvana’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Carvana's income tax.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Carvana's income tax?: Carvana (CVNA) reported income tax of $36M in Q1 2026.
How has Carvana's income tax changed year-over-year?: Carvana's income tax increased by 1700.0% year-over-year, from $2M to $36M.
What is the long-term trend for Carvana's income tax?: Over 4 years (2021 to 2025), Carvana's income tax has grown at a 626.5% compound annual growth rate (CAGR), from $1M to -$2.79B.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.