vs
Side-by-side financial comparison of INNEOVA Holdings Ltd (INEO) and CarMax (KMX). Click either name above to swap in a different company.
CarMax is the larger business by last-quarter revenue ($5.8B vs $30.8M, roughly 188.3× INNEOVA Holdings Ltd). CarMax runs the higher net margin — 1.1% vs 0.8%, a 0.3% gap on every dollar of revenue. CarMax produced more free cash flow last quarter ($1.1B vs $-1.5M).
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.
INEO vs KMX — Head-to-Head
Income Statement — Q2 2025 vs Q3 2026
| Metric | ||
|---|---|---|
| Revenue | $30.8M | $5.8B |
| Net Profit | $243.0K | $62.2M |
| Gross Margin | 19.3% | 10.2% |
| Operating Margin | 3.6% | — |
| Net Margin | 0.8% | 1.1% |
| Revenue YoY | — | -6.9% |
| Net Profit YoY | — | -50.4% |
| EPS (diluted) | $0.02 | $0.43 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | — | $5.8B | ||
| Q3 25 | — | $6.6B | ||
| Q2 25 | $30.8M | $7.5B | ||
| Q1 25 | — | $6.0B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $7.0B | ||
| Q2 24 | $27.9K | $7.1B | ||
| Q1 24 | — | $5.6B |
| Q4 25 | — | $62.2M | ||
| Q3 25 | — | $95.4M | ||
| Q2 25 | $243.0K | $210.4M | ||
| Q1 25 | — | $89.9M | ||
| Q4 24 | — | $125.4M | ||
| Q3 24 | — | $132.8M | ||
| Q2 24 | $1.7K | $152.4M | ||
| Q1 24 | — | $50.3M |
| Q4 25 | — | 10.2% | ||
| Q3 25 | — | 10.9% | ||
| Q2 25 | 19.3% | 11.8% | ||
| Q1 25 | — | 11.1% | ||
| Q4 24 | — | 10.9% | ||
| Q3 24 | — | 10.8% | ||
| Q2 24 | 20.8% | 11.1% | ||
| Q1 24 | — | 10.4% |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 3.6% | — | ||
| Q1 25 | — | 2.0% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 2.5% | ||
| Q2 24 | 6.4% | 2.9% | ||
| Q1 24 | — | 1.2% |
| Q4 25 | — | 1.1% | ||
| Q3 25 | — | 1.4% | ||
| Q2 25 | 0.8% | 2.8% | ||
| Q1 25 | — | 1.5% | ||
| Q4 24 | — | 2.0% | ||
| Q3 24 | — | 1.9% | ||
| Q2 24 | 6.0% | 2.1% | ||
| Q1 24 | — | 0.9% |
| Q4 25 | — | $0.43 | ||
| Q3 25 | — | $0.64 | ||
| Q2 25 | $0.02 | $1.38 | ||
| Q1 25 | — | $0.58 | ||
| Q4 24 | — | $0.81 | ||
| Q3 24 | — | $0.85 | ||
| Q2 24 | — | $0.97 | ||
| Q1 24 | — | $0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.1M | $204.9M |
| Total DebtLower is stronger | $2.9M | $16.6B |
| Stockholders' EquityBook value | $11.2M | $6.1B |
| Total Assets | $52.6M | $25.6B |
| Debt / EquityLower = less leverage | 0.26× | 2.74× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $204.9M | ||
| Q3 25 | — | $540.4M | ||
| Q2 25 | $2.1M | $262.8M | ||
| Q1 25 | — | $247.0M | ||
| Q4 24 | — | $271.9M | ||
| Q3 24 | — | $524.7M | ||
| Q2 24 | $690 | $218.9M | ||
| Q1 24 | — | $574.1M |
| Q4 25 | — | $16.6B | ||
| Q3 25 | — | $17.8B | ||
| Q2 25 | $2.9M | $18.0B | ||
| Q1 25 | — | $18.1B | ||
| Q4 24 | — | $18.1B | ||
| Q3 24 | — | $18.1B | ||
| Q2 24 | — | $18.2B | ||
| Q1 24 | — | $18.0B |
| Q4 25 | — | $6.1B | ||
| Q3 25 | — | $6.2B | ||
| Q2 25 | $11.2M | $6.3B | ||
| Q1 25 | — | $6.2B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.2B | ||
| Q2 24 | $2.9K | $6.2B | ||
| Q1 24 | — | $6.1B |
| Q4 25 | — | $25.6B | ||
| Q3 25 | — | $27.1B | ||
| Q2 25 | $52.6M | $27.4B | ||
| Q1 25 | — | $27.4B | ||
| Q4 24 | — | $27.3B | ||
| Q3 24 | — | $27.3B | ||
| Q2 24 | $39.1K | $27.2B | ||
| Q1 24 | — | $27.2B |
| Q4 25 | — | 2.74× | ||
| Q3 25 | — | 2.87× | ||
| Q2 25 | 0.26× | 2.86× | ||
| Q1 25 | — | 2.91× | ||
| Q4 24 | — | 2.92× | ||
| Q3 24 | — | 2.93× | ||
| Q2 24 | — | 2.95× | ||
| Q1 24 | — | 2.96× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-301.0K | $1.3B |
| Free Cash FlowOCF − Capex | $-1.5M | $1.1B |
| FCF MarginFCF / Revenue | -4.8% | 19.2% |
| Capex IntensityCapex / Revenue | 3.8% | 2.4% |
| Cash ConversionOCF / Net Profit | -1.24× | 20.14× |
| TTM Free Cash FlowTrailing 4 quarters | — | $1.9B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $785.5M | ||
| Q2 25 | $-301.0K | $299.5M | ||
| Q1 25 | — | $146.4M | ||
| Q4 24 | — | $-23.4M | ||
| Q3 24 | — | $619.1M | ||
| Q2 24 | $1.2K | $-117.7M | ||
| Q1 24 | — | $309.6M |
| Q4 25 | — | $1.1B | ||
| Q3 25 | — | $654.0M | ||
| Q2 25 | $-1.5M | $162.8M | ||
| Q1 25 | — | $18.8M | ||
| Q4 24 | — | $-150.6M | ||
| Q3 24 | — | $509.9M | ||
| Q2 24 | $217 | $-221.6M | ||
| Q1 24 | — | $199.8M |
| Q4 25 | — | 19.2% | ||
| Q3 25 | — | 9.9% | ||
| Q2 25 | -4.8% | 2.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | -2.4% | ||
| Q3 24 | — | 7.3% | ||
| Q2 24 | 0.8% | -3.1% | ||
| Q1 24 | — | 3.6% |
| Q4 25 | — | 2.4% | ||
| Q3 25 | — | 2.0% | ||
| Q2 25 | 3.8% | 1.8% | ||
| Q1 25 | — | 2.1% | ||
| Q4 24 | — | 2.0% | ||
| Q3 24 | — | 1.6% | ||
| Q2 24 | 3.4% | 1.5% | ||
| Q1 24 | — | 2.0% |
| Q4 25 | — | 20.14× | ||
| Q3 25 | — | 8.24× | ||
| Q2 25 | -1.24× | 1.42× | ||
| Q1 25 | — | 1.63× | ||
| Q4 24 | — | -0.19× | ||
| Q3 24 | — | 4.66× | ||
| Q2 24 | 0.69× | -0.77× | ||
| Q1 24 | — | 6.16× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
INEO
Segment breakdown not available.
KMX
| Used Vehicles | $4.5B | 78% |
| Wholesale Vehicles | $1.1B | 19% |
| Other | $150.6M | 3% |
| Extendedprotectionplan Domain | $96.6M | 2% |
| Advertising Subscription Revenues Domain | $35.1M | 1% |
| Service Domain | $18.5M | 0% |
| Thirdpartyfinancefees Domain | $3.0M | 0% |