CarMax, Inc. 10-K filed Apr 15, 2026

Modified · CarMax Background

CarMax, Inc. delivers an unrivaled customer experience by offering a broad selection of quality used vehicles and related products and services at competitive, no-haggle prices using a customer-friendly sales process. We are the nation’s largest retailer of used carsvehicles, and we sold 789,050780,684 used vehicles at retail during the fiscal year ended February 28, 20252026. We are also one of the nation’s largest operators of wholesale vehicle auctions, with 544,312538,203 vehicles sold during fiscal 20252026, and one of the nation’s largest providers of used vehicle financing, servicing approximately 1.11.0 million customer accounts in our $17.5916.37 billion portfolio of managed receivablesauto loans as of February 28, 20252026. Our omni-channel experience provides a common platform empowers across all of CarMax that leverages our retail scale, national footprint and infrastructure and empowers our customers to buy a carvehicle on their terms -, whether online, in-store or through a seamless combination of both. Our associates, stores, technology and digital capabilities seamlessly tied together enable us to provide the most customer centric customer-centric car buying and selling experience. This is , a key differentiator that gives us the right to win and access to the largest total addressable market in the used car space. This positions us to deliver strong market share growth a large and significant year-over-year earnings growth for years to comefragmented market.