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Carvana Co.

Carvana Co.CVNA FCF Margin

Free cash flow as a percentage of revenue, showing how much of each sales dollar becomes cash.

FCF Margin

Latest: 2.5% (2026Q2)

Period Value
2021Q1 -27.3%
2021Q2 -21.6%
2021Q3 -13.8%
2021Q4 -35.7%
2022Q1 -23.2%
2022Q2 -0.9%
2022Q3 -5.6%
2022Q4 -28.2%
2023Q1 -3.8%
2023Q2 16.5%
2023Q3 20.9%
2023Q4 -10.6%
2024Q1 2.7%
2024Q2 9.7%
2024Q3 10.3%
2024Q4 1.5%
2025Q1 0.1%
2025Q2 -4.5%
2025Q3 5.4%
2025Q4 1.4%
2026Q1 8.8%
2026Q2 2.5%

Latest FCF Margin: 2.5% (2026Q2); +7.1 pp YoY.

Across the 22 quarters from 2021Q1 to 2026Q2, FCF Margin ranged from -35.7% in 2021Q4 to 20.9% in 2023Q3.

Other CVNA Charts

More quarter-by-quarter fundamentals for Carvana Co.

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Consumer Comparison

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