Operating
Payment-in-kind interest
Year-over-year, this metric declined by 100.0%, from $72M to $0. 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
An increase indicates the company is choosing to defer cash interest payments, which preserves liquidity but increases total debt obligations.
Detailed definition
Payment-in-kind (PIK) interest is interest that is paid by increasing the principal amount of the debt rather than throu...
Peer comparison
Often found in companies with high-yield debt or those in capital-intensive growth phases.
Metric ID:
operating_paid_in_kind_interestHistorical Data
17 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $0 | $0 | $0 | $0 | $0 | $0 | $46M | $138M | $142M | $143M | $103M | $70M | $72M | $74M | $36M | $0 | $0 |
| QoQ Change | — | — | — | — | — | — | — | +200.0% | +2.9% | +0.7% | -28.0% | -32.0% | +2.9% | +2.8% | -51.4% | -100.0% | — |
| YoY Change | — | — | — | — | — | — | — | — | — | — | +123.9% | -49.3% | -49.3% | -48.3% | -65.0% | -100.0% | -100.0% |
Range$0 – $143M
Avg YoY Growth-41.1%
Median YoY Growth-49.3%
Current Streak3 quarters decline
Payment-in-kind interest at Other Companies
Frequently Asked Questions
- What is Carvana's payment-in-kind interest?
- Carvana (CVNA) reported payment-in-kind interest of $0 in Q1 2026.
- How has Carvana's payment-in-kind interest changed year-over-year?
- Carvana's payment-in-kind interest decreased by 100.0% year-over-year, from $72M to $0.
- What does payment-in-kind interest mean?
- Interest that is added to the loan balance instead of being paid in cash.