CarMax, Inc. (KMX) — Financial statements
Income statement, balance sheet, and cash flow for CarMax, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2026 | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 25,881↓8.2% | 28,207↓0.0% | 28,213↓9.4% | 31,126↓6.2% | 33,197 | |
| Cost of Revenue | 23,075↓7.6% | 24,983↓0.7% | 25,171↓9.8% | 27,891↓4.9% | 29,320 | |
| Gross Profit | 2,807↓13.0% | 3,224↑6.0% | 3,042↓6.0% | 3,235↓16.6% | 3,877 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 2,251 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 283 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 2,534↑4.0% | 2,435↑6.5% | 2,286↓8.1% | 2,487↑7.0% | 2,325 | |
| Other Expenses | 683 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 3,216↑32.1% | 2,435↑6.5% | 2,286↓8.1% | 2,487↑7.0% | 2,325 | |
| Total Costs & Expenses | 26,291↓4.1% | 27,418↓0.1% | 27,457↓9.6% | 30,379↓4.0% | 31,645 | |
| Operating Results | ||||||
| Operating Income | -410↓151.9% | 789↑4.3% | 756↑1.1% | 748↓51.8% | 1,552 | |
| Depreciation & Amortization | 346↑10.9% | 312↑6.3% | 293↑4.5% | 281↑0.3% | 280 | |
| EBITDA | 1,609↑47.7% | 1,089↑2.8% | 1,060↑2.1% | 1,038↓44.4% | 1,866 | |
| EBIT | 1,263↑62.5% | 777↑1.4% | 766↑1.2% | 757↓52.3% | 1,586 | |
| Interest & Other Income | ||||||
| Net Interest Income | 985↑1012.2% | -108↑13.5% | -125↓3.6% | -120↓28.0% | -94 | |
| Interest Income | 1,864 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 880↑714.9% | 108↓13.5% | 125↑3.6% | 120↑28.0% | 94 | |
| Non-Operating Income | -1,673↓14490.8% | 12↑213.2% | -10↓9.3% | -9↑72.8% | -35 | |
| Other Income / Expenses | 793↑763.4% | -120↓4.4% | -114↓3.1% | -111↓86.5% | -60 | |
| Income Before Tax | 383↓42.7% | 669↑4.3% | 642↑0.8% | 637↓57.3% | 1,492 | |
| Income Tax Expense | 136↓19.3% | 169↑3.9% | 162↑6.8% | 152↓55.4% | 341 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 247↓50.6% | 501↑4.5% | 479↓1.1% | 485↓57.9% | 1,151 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 247↓50.6% | 501↑4.5% | 479↓1.1% | 485↓57.9% | 1,151 | |
| Bottom-Line Net Income | 247↓50.6% | 501↑4.5% | 479↓1.1% | 485↓57.9% | 1,151 | |
| EPS (Basic) | 1.68↓47.8% | 3.22↑6.3% | 3.03↓0.7% | 3.05↓57.0% | 7.09 | |
| EPS (Diluted) | 1.68↓47.7% | 3.21↑6.3% | 3.02↓0.3% | 3.03↓56.5% | 6.97 | |
| Weighted Average Shares | 147↓5.2% | 155↓1.8% | 158↓0.4% | 159↓2.2% | 162 | |
| Weighted Average Diluted Shares | 148↓5.4% | 156↓1.7% | 159↓0.7% | 160↓3.3% | 165 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.