Carvana Co. balance sheet
At the end of its fiscal year on Dec 31, 2025, Carvana Co. reported total assets of $13.20B and shareholders' equity of $3.44B. That works out to liabilities equal to 68% of assets, a current ratio of 4.31 (current assets ÷ current liabilities), long-term debt of 1.40× shareholders' equity.
Balance sheet at each fiscal year end
| Fiscal year ended | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | $335.83M | $641.14M | $991.01M | $2.06B | $3.04B | $7.01B | $8.70B | $7.07B | $8.48B | $13.20B |
| Current assets | $275.24M | $489.72M | $662.85M | $1.36B | $1.92B | $4.89B | $4.59B | $3.32B | $4.87B | $6.55B |
| Cash & equivalents | $39.18M | $172.68M | $78.86M | $76.00M | $301.00M | $403.00M | $434.00M | $530.00M | $1.72B | $2.33B |
| Total liabilities | $200.82M | $361.59M | $763.59M | $1.87B | $2.23B | $6.49B | $9.75B | $7.46B | $7.11B | $9.00B |
| Current liabilities | $196.42M | $306.03M | $329.51M | $864.87M | $467.00M | $2.89B | $2.59B | $1.54B | $1.34B | $1.52B |
| Long-term debt | — | — | $425.35M | $883.06M | $1.62B | $3.21B | $6.57B | $5.42B | $5.26B | $4.83B |
| Shareholders' equity | — | $125.74M | $79.69M | $98.11M | $388.00M | $306.00M | −$518.00M | $243.00M | $1.26B | $3.44B |
| Reported in | 10-K 2018 | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 |
Balance-sheet figures are point-in-time values on the last day of each fiscal year. Some companies (for example banks and insurers) do not present current assets and liabilities; those cells show —.
Source: SEC EDGAR XBRL company facts for CIK 1690820 (raw data). Most recent filing in this dataset: 10-Q filed Oct 28, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.