What is Carvana's PP&E (net)?

Carvana (CVNA) reported PP&E (net) of $2.86B in Q2 2026.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Carvana CVNA PP&E (Net)

PP&E (Net) at other companies

AutoNationAN

$3.95B+4.1%

Credit AcceptanceCACC

$13.2M-3.6%

CopartCPRT

$3.72B+4.1%

Penske Automotive GroupPAG

$3.29B+6.9%

LAD

Lithia MotorsLAD

$5.03B+6.4%

CarMaxKMX

$4.08B+4.3%

Other financials

Income statement

See full

Revenue$7.4B+52.4%

Gross profit$1.4B+30.1%

Operating income$680.0M+33.1%

Net income$310.0M+69.4%

EPS (diluted)$0.42+61.5%

Balance sheet

See full

Cash & equivalents$2.7B+42.1%

Total debt$5.8B-8.2%

Total equity$4.0B+133%

Total assets$14.6B+55.4%

Cash flow

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Operating cash flow$238.0M+721%

CapEx$51.0M+64.5%

Free cash flow$187.0M—

Valuation

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Market cap$47.33B+4.2%

Enterprise value$50.33B+1.1%

P/E30.2×-50.5×

P/S1.9×-0.9×

Profitability

See full

Gross margin19.4%-2.5pp

Operating margin8.9%-0.3pp

Net margin6.3%+2.8pp

FCF margin3.7%-0.1pp

Returns & leverage

See full

Return on equity54.5%+4.6pp

Debt / equity1.4×-2.2×

Current ratio3.9×-0.1×

Where this comes from

Reported directly by Carvana in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization.

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

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Questions, answered.

What is Carvana's PP&E (net)?: Carvana (CVNA) reported PP&E (net) of $2.86B in Q2 2026.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.