FN2 Earnings Intelligence
Carvana Co. cash flow
Carvana Co. (CVNA) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $403 | $434 | $530 | $1,716 | $2,327 | - | - |
| + Debt | $3,360 | $6,775 | $5,605 | $5,565 | $5,057 | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $12,814 | $13,604 | $10,771 | $13,673 | $20,322 | $27,901.8 | $34,996 |
| % Growth | 129.4% | 6.2% | -20.8% | 26.9% | 48.6% | 37.3% | 25.4% |
| Gross Profit | $1,929 | $1,246 | $1,724 | $2,876 | $4,192 | - | - |
| % Margin | 15.1% | 9.2% | 16.0% | 21.0% | 20.6% | - | - |
| EBITDA | - | - | - | $1,112 | - | - | - |
| % Margin | - | - | - | 8.1% | - | - | - |
| Net Income | -$135 | -$1,587 | $450 | $210 | $1,407 | - | - |
| % Margin | -1.1% | -11.7% | 4.2% | 1.5% | 6.9% | - | - |
| Diluted EPS | -$1.63 | -$15.74 | $0.75 | $1.59 | $8.45 | $1.52 | $2.04 |
| % Growth | - | -865.6% | 104.8% | 112.0% | 431.4% | -82.0% | 34.6% |
| Operating Cash Flow | -$2,594 | -$1,324 | $803 | $918 | $1,036 | - | - |
| CapEx | $557 | $512 | $87 | $91 | $147 | - | - |
| Free Cash Flow | -$3,151 | -$1,836 | $716 | $827 | $889 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $12,814 | $13,604 | $10,771 | $13,673 | $20,322 | $27,901.8 | $34,996 |
| Gross Profit | $1,929 | $1,246 | $1,724 | $2,876 | $4,192 | - | - |
| EBITDA | - | - | - | $1,112 | - | - | - |
| Net Income | -$135 | -$1,587 | $450 | $210 | $1,407 | - | - |
| Diluted EPS | -$1.63 | -$15.74 | $0.75 | $1.59 | $8.45 | $1.52 | $2.04 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $403 | $434 | $530 | $1,716 | $2,327 |
| Short-term Debt | $152 | $201 | $189 | $309 | $227 |
| Long-term Debt | $3,208 | $6,574 | $5,416 | $5,256 | $4,830 |
| Total Debt | $3,360 | $6,775 | $5,605 | $5,565 | $5,057 |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | -$2,594 | -$1,324 | $803 | $918 | $1,036 |
| Capital Expenditure | $557 | $512 | $87 | $91 | $147 |
| Free Cash Flow | -$3,151 | -$1,836 | $716 | $827 | $889 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 129.4% | 6.2% | -20.8% | 26.9% | 48.6% |
| Gross Margin | 15.1% | 9.2% | 16.0% | 21.0% | 20.6% |
| EBITDA Margin | - | - | - | 8.1% | - |
| Net Margin | -1.1% | -11.7% | 4.2% | 1.5% | 6.9% |
| FCF Margin | -24.6% | -13.5% | 6.6% | 6.0% | 4.4% |
| Diluted EPS Growth | - | -865.6% | 104.8% | 112.0% | 431.4% |