Operating
Operating lease liabilities
Carvana Operating lease liabilities decreased by 30.0% to -$13M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 30.0%, from -$10M to -$13M. Over 2 years (FY 2021 to FY 2024), Operating lease liabilities shows a downward trend with a -78.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryLeverage
SignalLower is better
VolatilityStable
First reportedQ1 2021
Last reportedQ1 2026Apr 29, 2026
How to read this metric
A decrease generally signals the repayment of lease obligations, while an increase suggests new lease commitments.
Detailed definition
Reflects the net change in the present value of future lease payments for operating leases. It captures the cash and non...
Peer comparison
Commonly reported by retail and e-commerce companies with significant physical footprints.
Metric ID:
operating_increase_decrease_in_operating_lease_liabilityHistorical Data
16 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $55.75M | $55.75M | $55.75M | $113M | $27M | $38M | -$12M | -$29M | -$11M | -$19M | -$6M | $21M | -$14M | -$11M | -$10M | -$13M |
| QoQ Change | — | +0.0% | +0.0% | +102.7% | -76.1% | +40.7% | -131.6% | -141.7% | +62.1% | -72.7% | +68.4% | +450.0% | -166.7% | +21.4% | +9.1% | -30.0% |
| YoY Change | — | — | — | — | -51.6% | -31.8% | -110.6% | -207.4% | -128.9% | — | +50.0% | +172.4% | -27.3% | +42.1% | -66.7% | -30.0% |
Range-$29M – $113M
CAGR-32.2%
Avg YoY Growth-35.4%
Median YoY Growth-31.8%
Operating lease liabilities at Other Companies
Frequently Asked Questions
- What is Carvana's operating lease liabilities?
- Carvana (CVNA) reported operating lease liabilities of -$13M in Q1 2026.
- How has Carvana's operating lease liabilities changed year-over-year?
- Carvana's operating lease liabilities decreased by 30.0% year-over-year, from -$10M to -$13M.
- What is the long-term trend for Carvana's operating lease liabilities?
- Over 2 years (2021 to 2024), Carvana's operating lease liabilities has grown at a -78.8% compound annual growth rate (CAGR), from $223M to -$10M.
- What does operating lease liabilities mean?
- The net change in the company's total outstanding operating lease debt.