Friday 6 November 2026 Export KMX’s income statement to Excel — free account

CarMax, Inc.

KMX Consumer Cyclical Auto & Truck Dealerships

CarMax, Inc.’s revenue for fiscal 2026 (year ended February 2026) was $25.9 billion, down 1.79% from fiscal 2025.

Revenue: +19.5%
EPS: +81.3%
Free cash flow: +23.2%
Total debt: −6.82%

Quarter to August 2026, against a year earlier

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52.81 2.33 −4.23%

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Market cap: $7.5B
P/E: 25.8×
Fwd P/E: 17.2×
Dividend yield: —
F-score: 5/9
Altman Z: 1.58
Beneish M: −2.73
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

CarMax, Inc. (KMX) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2024: revenue by segment, and margins
CarMax Sales Operations	26,400	99.49%
Other Operating	136	0.51%
Gross margin		10.22%
Operating margin		2.85%
Pre-tax margin		2.42%

Revenue by product or service $m

Line	FY2026	FY2025	FY2024	FY2023	FY2021	FY2017
Used vehicle sales	20,702 79.99%	21,080 79.99%	20,922 78.84%	23,034 77.60%	15,714 82.92%	13,271 83.59%
Wholesale vehicle sales	4,505 17.40%	4,588 17.41%	4,976 18.75%	5,990 20.18%	2,669 14.08%	2,083 13.12%
Extended protection plan revenues	449 1.73%	452 1.71%	402 1.51%	422 1.42%	413 2.18%	306 1.92%
Advertising & subscription revenues [Domain]	145 0.56%	139 0.53%	136 0.51%	133 0.45%	0 0.00%	—
Service revenues	77 0.30%	83 0.32%	85 0.32%	82 0.28%	92 0.49%	134 0.84%
Other	13 0.05%	13 0.05%	21 0.08%	16 0.05%	103 0.54%	121 0.76%
Third-party finance fees, net	(9) (0.03%)	(1) (0.01%)	(6) (0.02%)	7 0.02%	(40) (0.21%)	(38) (0.24%)
Revenue	25,881	26,353	26,536	29,685	18,950	15,875

Revenue by segment $m

Line	FY2024	FY2023	FY2022
CarMax Sales Operations	26,400 99.49%	29,552 99.55%	31,799 99.68%
Other Operating	136 0.51%	133 0.45%	102 0.32%
Revenue	26,536	29,685	31,900

Operating figures as reported in each quarter’s results release or filing

Figure	Quarter	Latest	A year before	Change
CAF financing penetration before 3-day payoffs	Q2 FY2027	43.3%	—	—
Combined retail and wholesale used vehicle unit sales	Q2 FY2027	387.7K	338.0K	+14.70%
Combined retail and wholesale used vehicle unit sales change	Q1 FY2027	3.30%	5.80%	—
Comparable store used unit sales change	Q2 FY2027	13.0%	—	—
Comparable store used vehicle revenues change	Q2 FY2027	18.9%	—	—
Omni sales	Q2 FY2027	68.0%	68.0%	—
Online retail sales	Q2 FY2027	13.0%	12.0%	—
Retail unit sales supported by digital capabilities	Q2 FY2027	81.0%	80.0%	—
Retail used vehicle unit sales	Q2 FY2027	227.4K	199.7K	+13.85%
Tier 2 financing penetration before 3-day payoffs	Q1 FY2027	15.7%	—	—
Used vehicle average selling price	Q2 FY2027	$27,623.00	$25,993.00	+6.27%
Used vehicle units change	Q2 FY2027	13.8%	—	—
Vehicles bought from consumers	Q2 FY2027	262.6K	262.0K	+0.22%
Vehicles bought from consumers and dealers	Q2 FY2027	310.1K	293.0K	+5.84%
Vehicles bought from consumers and dealers change	Q2 FY2027	5.90%	—	—
Vehicles bought through dealers	Q2 FY2027	47.5K	31.0K	+53.35%
Vehicles purchased from consumers change	Q4 FY2026	2.50%	5.30%	—
Vehicles purchased through dealers change	Q2 FY2027	53.7%	0.20%	—
Wholesale vehicle average selling price	Q2 FY2027	$8,036.00	$7,891.00	+1.84%
Wholesale vehicle unit sales	Q2 FY2027	160.3K	138.3K	+15.94%
Wholesale vehicle units change	Q2 FY2027	15.9%	—	—

	Q2 FY2027	Q1 FY2027	Q4 FY2026	Q3 FY2026	Q2 FY2026	Q1 FY2026	Q4 FY2025	Q3 FY2025	Q2 FY2025	Q1 FY2025	Q4 FY2024
CAF financing penetration before 3-day payoffs	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Combined retail and wholesale used vehicle unit sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Combined retail and wholesale used vehicle unit sales change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Comparable store used unit sales change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Comparable store used vehicle revenues change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Omni sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Online retail sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Retail unit sales supported by digital capabilities	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Retail used vehicle unit sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Tier 2 financing penetration before 3-day payoffs	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Used vehicle average selling price	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Used vehicle units change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Vehicles bought from consumers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Vehicles bought from consumers and dealers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Vehicles bought from consumers and dealers change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Vehicles bought through dealers	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Vehicles purchased from consumers change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Vehicles purchased through dealers change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Wholesale vehicle average selling price	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Wholesale vehicle unit sales	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Wholesale vehicle units change	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.