What is Carvana's inventories?

Carvana (CVNA) reported inventories of $2.66B in Q1 2026.

How has Carvana's inventories changed year-over-year?

Carvana's inventories increased by 77.2% year-over-year, from $1.5B to $2.66B.

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

Over 5 years (2020 to 2025), Carvana's inventories has grown at a 18.4% compound annual growth rate (CAGR), from $1.04B to $2.41B.

What does inventories mean?

Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.

Carvana CVNA Inventories

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Other financials

Income statement

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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

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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

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Operating cash flow$107.0M-53.9%

CapEx$51.0M+88.9%

Free cash flow$56.0M-72.7%

Valuation

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Market cap$46.44B+60.0%

Profitability

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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:InventoryNet.

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 inventories?: Carvana (CVNA) reported inventories of $2.66B in Q1 2026.
How has Carvana's inventories changed year-over-year?: Carvana's inventories increased by 77.2% year-over-year, from $1.5B to $2.66B.
What is the long-term trend for Carvana's inventories?: Over 5 years (2020 to 2025), Carvana's inventories has grown at a 18.4% compound annual growth rate (CAGR), from $1.04B to $2.41B.
What does inventories mean?: Total inventory including raw materials, work-in-progress, and finished goods, valued at the lower of cost or net realizable value.