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Carvana (CVNA) free cash flow by quarter

Carvana's free cash flow was $491M in Q3 2026 (third quarter 2026), +163% from Q2 2026. Over the last 6 quarters it ranged from $56.0M (Q1 2026) to $491M (Q3 2026).

Carvana free cash flow by quarterCarvana free cash flow by quarter$205MQ1 2025$307MQ3 2025$379MQ4 2025$56.0MQ1 2026$187MQ2 2026$491MQ3 2026
QuarterFree cash flowQ/QY/Y
Q3 2026$491M+163%+60%
Q2 2026$187M+234%—
Q1 2026$56.0M-85%-73%
Q4 2025$379M+23%—
Q3 2025$307M+50%—
Q1 2025$205M——

Q3 2026 at a glance

Carvana, Q3 2026: revenue $8.0B (+42% year over year), operating margin 8.9%, net earnings $289M, operating cash flow $555M. The chart follows the revenue to costs, profit and cash.

Questions

What is Carvana's free cash flow?

Carvana's free cash flow was $491M in Q3 2026 (third quarter 2026), +163% from Q2 2026.

How has Carvana's free cash flow changed?

Over the last 6 quarters it ranged from $56.0M (Q1 2026) to $491M (Q3 2026).

Q3 2026 results → · How Carvana makes money →