Carvana Co.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $2.33B | $1.72B | $530.0M | $434.0M | $403.0M | $301.0M | $76.0M | $78.9M |
| Accounts Receivable | $245.0M | $303.0M | $266.0M | $253.0M | $206.0M | $79.0M | $39.9M | $33.1M |
| Inventory | $2.41B | $1.61B | $1.15B | $1.88B | $3.15B | $1.04B | $762.7M | $412.2M |
| Total Current Assets | $6.55B | $4.87B | $3.32B | $4.59B | $4.89B | $1.92B | $1.36B | $662.9M |
| Property, Plant & Equipment | — | — | — | — | — | — | — | $296.8M |
| Goodwill | $10.0M | $0 | — | $0 | $9.0M | $9.0M | $9.4M | $9.4M |
| Intangible Assets (Excl. Goodwill) | $47.0M | $34.0M | $52.0M | $70.0M | $4.0M | $6.0M | $7.2M | $8.9M |
| Total Assets | $13.20B | $8.48B | $7.07B | $8.70B | $7.02B | $3.04B | $2.06B | $991.0M |
| Liabilities | ||||||||
| Accounts Payable | $236.0M | $236.0M | $231.0M | $232.0M | $141.0M | $67.0M | $63.6M | $33.0M |
| Total Current Liabilities | $1.52B | $1.34B | $1.54B | $2.59B | $2.89B | $467.0M | $864.9M | $329.5M |
| Long-Term Debt | $4.83B | $5.26B | $5.42B | $6.57B | $3.21B | $1.62B | $883.1M | $425.3M |
| Total Liabilities | $9.00B | $7.11B | $7.46B | $9.75B | $6.49B | $2.23B | $1.87B | $763.6M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-9.0M | $-1.42B | $-1.63B | $-2.08B | $-489.0M | $-354.0M | $-183.0M | $-68.4M |
| Total Stockholders' Equity | $3.44B | $1.26B | $243.0M | $-518.0M | $306.0M | $388.0M | $98.1M | $79.7M |