CarMax, Inc.
CarMax, Inc. (KMX) Financial Performance & Income Statement Overview
Review CarMax, Inc. (KMX) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
CarMax, Inc. (KMX) Income Statement & Financial Overview
Analyze CarMax, Inc.’s KMX earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|
| Revenue | $6.003B | $6.22B | $7.01B | $7.11B |
| Cost of Revenue | $5.34B | $5.55B | $6.25B | $6.39B |
| Gross Profit | $667.89M | $677.65M | $760.47M | $725.83M |
| Gross Profit Ratio | $0.11 | $0.11 | $0.11 | $0.10 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $629.80M | $594.80M | $610.56M | $638.58M |
| Operating Expenses | $767.44M | $736.21M | $610.56M | $715.58M |
| Total Costs & Expenses | $6.10B | $6.28B | $6.86B | $7.10B |
| Interest Income | $467.70M | $449.00M | $464.50M | $452.50M |
| Interest Expense | $218.14M | $218.62M | $240.02M | $213.66M |
| Depreciation & Amortization | $77.47M | $75.37M | $72.72M | $69.24M |
| EBITDA | $220.01M | $460.46M | $274.30M | $307.66M |
| EBITDA Ratio | $0.04 | $0.07 | $0.04 | $0.04 |
| Operating Income | -$99.55M | -$58.56M | $149.91M | $10.25M |
| Operating Income Ratio | -$0.02 | -$0.009 | $0.02 | $0.001 |
| Other Income/Expenses (Net) | $217.96M | $225.03M | $27.94M | -$93.65M |
| Income Before Tax | $118.40M | $166.47M | $177.84M | $206.64M |
| Income Before Tax Ratio | $0.02 | $0.03 | $0.03 | $0.03 |
| Income Tax Expense | $28.54M | $41.03M | $45.03M | $54.20M |
| Net Income | $89.87M | $125.44M | $132.81M | $152.44M |
| Net Income Ratio | $0.01 | $0.02 | $0.02 | $0.02 |
| EPS | $0.58 | $0.80 | $0.85 | $0.97 |
| Diluted EPS | $0.58 | $0.81 | $0.85 | $0.97 |
| Weighted Avg Shares Outstanding | $153.67M | $155.87M | $155.87M | $157.16M |
| Weighted Avg Shares Outstanding (Diluted) | $155.66M | $155.26M | $156.53M | $157.71M |
Over the last four quarters, CarMax, Inc. achieved steady financial progress, growing revenue from $7.11B in Q1 2025 to $6.003B in Q4 2025. Gross profit stayed firm with margins at 11% in Q4 2025 versus 10% in Q1 2025. Operating income totaled -$99.55M in Q4 2025, maintaining a -2% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $220.01M. Net income dropped to $89.87M, with EPS at $0.58. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan