CarMaxKMXEarnings & Financial Report
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City Corporation, Inc., opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations.
KMX Q3 2026 Key Financial Metrics
Revenue
$5.8B
Gross Profit
$590.0M
Operating Profit
N/A
Net Profit
$62.2M
Gross Margin
10.2%
Operating Margin
N/A
Net Margin
1.1%
YoY Growth
-6.9%
EPS
$0.43
Financial Flow
CarMax Q3 2026 Financial Summary
CarMax reported revenue of $5.8B for Q3 2026, with a net profit of $62.2M (1.1% margin). Cost of goods sold was $5.2B, operating expenses totaled N/A.
Key Financial Metrics
| Total Revenue | $5.8B |
|---|---|
| Net Profit | $62.2M |
| Gross Margin | 10.2% |
| Operating Margin | N/A |
| Report Period | Q3 2026 |
CarMax Annual Revenue by Year
CarMax annual revenue history includes year-by-year totals (for example, 2025 revenue was $26.4B).
| Year | Annual Revenue |
|---|---|
| 2025 | $26.4B |
| 2024 | $26.5B |
| 2023 | $29.7B |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.63B | $7.11B | $7.01B | $6.22B | $6.00B | $7.55B | $6.59B | $5.79B |
| YoY Growth | -1.7% | -7.5% | -0.9% | 1.2% | 6.7% | 6.1% | -6.0% | -6.9% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $27.20B | $27.24B | $27.30B | $27.30B | $27.40B | $27.39B | $27.08B | $25.56B |
| Liabilities | $21.12B | $21.08B | $21.12B | $21.09B | $21.16B | $21.10B | $20.88B | $19.50B |
| Equity | $6.07B | $6.17B | $6.18B | $6.21B | $6.24B | $6.29B | $6.20B | $6.06B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $309.6M | $-117.7M | $619.1M | $-23.4M | $146.4M | $299.5M | $785.5M | $1.25B |
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