What is Carvana's interest expense?

Carvana (CVNA) reported interest expense of $99M in Q1 2026.

How has Carvana's interest expense changed year-over-year?

Carvana's interest expense decreased by 28.8% year-over-year, from $139M to $99M.

What is the long-term trend for Carvana's interest expense?

Over 4 years (2021 to 2025), Carvana's interest expense has grown at a 30.2% compound annual growth rate (CAGR), from $176M to $505M.

What does interest expense mean?

Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

Carvana CVNA Interest Expense

Interest Expense at other companies

AutoNationAN

$48M+13.5%

Credit AcceptanceCACC

$108.4M-5.5%

CopartCPRT

$223K-62.9%

Penske Automotive GroupPAG

$28.4M+26.2%

LAD

Lithia MotorsLAD

$70.3M+7.3%

CarMaxKMX

$33.81M+24.9%

Segments

By segment

See full

Reportable Segment$99M-28.8%

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:InterestExpenseNonoperating.

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

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Questions, answered.

What is Carvana's interest expense?: Carvana (CVNA) reported interest expense of $99M in Q1 2026.
How has Carvana's interest expense changed year-over-year?: Carvana's interest expense decreased by 28.8% year-over-year, from $139M to $99M.
What is the long-term trend for Carvana's interest expense?: Over 4 years (2021 to 2025), Carvana's interest expense has grown at a 30.2% compound annual growth rate (CAGR), from $176M to $505M.
What does interest expense mean?: Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.