Carvana Co. Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,630	2,327	1,716	530	434	403
Short-Term Investments	502	486	464	366	321	382
Cash & Short-Term Investments	3,132	2,813	2,180	896	755	785
Cash Growth	34.83%	29.04%	143.30%	18.68%	-3.82%	81.71%
Accounts Receivable	384	250	307	269	259	218
Receivables	384	250	307	269	259	218
Inventory	3,263	2,408	1,608	1,150	1,876	3,149
Restricted Cash	113	102	44	64	194	233
Other Current Assets	1,114	976	730	942	1,510	507
Total Current Assets	8,006	6,549	4,869	3,321	4,594	4,892
Property, Plant & Equipment	3,284	3,257	3,213	3,437	3,780	1,929
Long-Term Investments	-	-	-	-	2	-
Goodwill	12	10	-	-	-	9
Other Intangible Assets	53	47	34	52	70	4
Long-Term Accounts Receivable	-	-	2	7	38	7
Long-Term Deferred Tax Assets	2,968	3,064	3	-	-	-
Long-Term Deferred Charges	32	36	46	60	82	34
Other Long-Term Assets	197	238	317	194	132	140
Total Assets	14,552	13,201	8,484	7,071	8,698	7,015

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Accounts Payable	391	236	236	231	232	141
Accrued Expenses	635	628	482	275	452	352
Short-Term Debt	126	58	67	668	1,534	2,053
Current Portion of Long-Term Debt	215	144	309	109	104	101
Current Portion of Leases	117	157	-	87	101	51
Current Income Taxes Payable	-	-	-	3	-	-
Other Current Liabilities	555	296	244	163	169	192
Total Current Liabilities	2,039	1,519	1,338	1,536	2,592	2,890
Long-Term Debt	4,295	4,274	4,774	4,747	5,813	2,610
Long-Term Leases	944	962	896	1,102	1,268	959
Other Long-Term Liabilities	2,136	2,243	101	70	78	31
Total Liabilities	9,414	8,998	7,109	7,455	9,751	6,490

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Common Stock	1	-	-	-	-	-
Additional Paid-In Capital	3,476	3,450	2,676	1,869	1,558	795
Retained Earnings	551	-9	-1,416	-1,626	-2,076	-489
Total Common Equity	4,028	3,441	1,260	243	-518	306
Minority Interest	1,110	762	115	-627	-535	219
Shareholders' Equity	5,138	4,203	1,375	-384	-1,053	525
Total Liabilities & Equity	14,552	13,201	8,484	7,071	8,698	7,015

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Total Debt	5,697	5,595	6,046	6,713	8,820	5,774
Net Cash (Debt)	-2,565	-2,782	-3,866	-5,817	-8,065	-4,989
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.26	-2.48	-5.85	-5.80	-16.00	-12.05
Filing Date Shares Outstanding	719.92	713.68	670.23	581.4	530.37	450.5
Total Common Shares Outstanding	718.98	711.15	666.36	571.2	530.19	449.65
Working Capital	5,967	5,030	3,531	1,785	2,002	2,002
Book Value Per Share	5.60	4.84	1.89	0.43	-0.98	0.68
Tangible Book Value	3,963	3,384	1,226	191	-588	293
Tangible Book Value Per Share	5.51	4.76	1.84	0.33	-1.11	0.65
Land	1,372	1,365	1,335	1,331	1,331	303
Buildings	1,504	1,467	1,380	1,344	1,267	643
Machinery	878	814	692	714	831	444
Construction In Progress	106	62	59	72	134	295

SEC Filings: 10-K · 10-Q