CarMax (KMX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

CarMax faces significant headwinds as its omnichannel retail model struggles to maintain positive operating leverage, evidenced by a -1.58% average operating margin across recent periods. The company's reliance on high debt levels, with a debt-to-equity ratio ...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth remains unstable, fluctuating from a 6.2% expansion in 2027Q1 to a 1.0% contraction in 2026Q4, while gross margins remain compressed near the 9.8% level.
CarMax's Omni-channel platform allows customers to buy cars online, in-store, or a combination, enhancing convenience and flexibility.
Customers trust CarMax for its rigorous vehicle inspections and peace of mind, as evidenced by positive purchasing experiences.
CarMax's online tools enable customers to search, research, and compare vehicles, streamlining the car-buying process.
Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Jun 17, 2026 | $1.31+35.8% vs $0.96 | $8.0B+7.9% vs $7.4B |
Q2 2026 Apr 14, 2026 | $0.34+48.9% vs $0.23 | $5.9B+4.0% vs $5.7B |
Q4 2025 Dec 18, 2025 | $0.51+66.4% vs $0.31 | $6.2B+10.6% vs $5.6B |
Q4 2025 Sep 25, 2025 | $0.64-38.5% vs $1.04 | $7.1B+1.1% vs $7.0B |
CarMax (KMX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Also, OpenAI pushes U.S. to lead in global AI safety standards.

Used car retailer CarMax laid off about 4% of its corporate staff, or 145 employees, as part of “running leaner,” the company said in a Monday (Sept. 21) report by Bloomberg.

The nation's largest used-car retailer slashed 145 white-collar jobs, about 4% of its corporate staff, as part of a turnaround plan.

Benchmark KMX against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for CarMax, Inc. (KMX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $57.46 | $8.15B | 34.20 | -1.79% | 0.96% | 4.08% | — | |
| $165.05 | $5.52B | 9.69 | 3.24% | 2.82% | 33.18% | — | |
| $209.66 | $13.78B | 14.84 | -0.18% | 2.84% | 16.41% | — | |
| $307.02 | $6.75B | 9.50 | 4% | 1.88% | 10.88% | — | |
| $62.37 | $2.08B | 18.24 | 6.53% | 1.37% | 20.45% | — | |
| $181.52 | $3.38B | 7.22 | 4.71% | 2.83% | 13.04% | — |
CarMax, Inc. (KMX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
CarMax, Inc. (KMX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Jun 24, 2026·SEC
Jun 17, 2026·SEC
Jun 8, 2026·SEC
Get notified when KMX posts new earnings or crosses analyst targets
Free. No account needed. Unsubscribe any time.
CarMax, Inc. (KMX) stock FAQ — growth, dividends, profitability & financials explained
CarMax, Inc. (KMX) reported $26.35B in revenue for fiscal year 2026. This represents a 5064% increase from $510.2M in 1997.
CarMax, Inc. (KMX) saw revenue decline by 1.8% over the past year.
Yes, CarMax, Inc. (KMX) is profitable, generating $222.5M in net income for fiscal year 2026 (1.0% net margin).
CarMax, Inc. (KMX) has a return on equity (ROE) of 4.1%. This is below average, suggesting room for improvement.
CarMax, Inc. (KMX) generated $994.3M in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.