Carvana Cash Flow Statement
NYSE: CVNAConsumer DiscretionaryRetail-Auto Dealers and Gas StationsUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
Carvana free cash flow
In fiscal 2025, Carvana generated $1.04 billion of operating cash flow and spent $147.0 million on capital expenditures. That left free cash flow of $889.0 million, a free-cash-flow margin of 4.4% of revenue. Free cash flow was up 7.5% from the prior year's $827.0 million.
Summary generated from market data by MetaCap's automated system. Methodology
Carvana cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.90B | 404.00M | 150.00M | -2.89B | -287.00M | -462.00M | -365.00M | -254.75M | -164.32M | -93.11M |
| Net Income growth (YoY) | +369.06% | +169.33% | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | 96.00M | 91.00M | 73.00M | 69.00M | 39.00M | 25.00M | 33.00M | 24.09M | 5.61M | 555.00K |
| Change in Working Capital | -706.00M | -523.00M | 667.00M | 1.49B | -2.23B | -306.00M | -355.42M | -203.13M | -42.46M | -120.96M |
| Operating Cash Flow | 1.04B | 918.00M | 803.00M | -1.32B | -2.59B | -608.00M | -757.00M | -414.34M | -199.92M | -240.22M |
| Capital Expenditures | -147.00M | -91.00M | -87.00M | -512.00M | -557.00M | -360.00M | -231.00M | -143.67M | -78.49M | -39.54M |
| Investing Cash Flow | -230.00M | -13.00M | 31.00M | -2.58B | -627.00M | -346.00M | -228.00M | -150.34M | -78.49M | -39.54M |
| Dividends Paid | — | — | — | — | — | — | — | -4.62M | 0 | 0 |
| Debt Issued | — | — | — | — | — | — | — | 49.06M | 32.70M | 0 |
| Financing Cash Flow | -137.00M | 261.00M | -868.00M | 3.90B | 3.53B | 1.17B | 1.01B | 466.26M | 416.09M | 283.96M |
| Net Change in Cash | 669.00M | 1.17B | -34.00M | -8.00M | 307.00M | 211.00M | 30.00M | -98.41M | 137.67M | 4.20M |
| Free Cash Flow | 889.00M | 827.00M | 716.00M | -1.84B | -3.15B | -968.00M | -988.00M | -558.01M | -278.41M | -279.76M |
This table shows 10 annual periods of Carvana's cash flow statement, from FY 2025 back to FY 2016, across 11 line items including net income, stock-based compensation, change in working capital. Values in USD; B = billions, M = millions. Fiscal periods follow CVNA's reporting calendar. What is a cash flow statement?