CarMax, Inc. (KMX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'27 | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 |
|---|
| Sales/Revenue | 8.01B | 5.95B | 5.79B | 6.59B | 7.55B | 6B | 6.22B | 7.01B | 7.11B | 5.63B | 6.15B | 7.07B | 7.69B | 5.72B | 6.51B | 8.14B | 9.31B | 7.69B | 8.53B | 7.99B |
| Revenue Growth % | 6.19% | -0.95% | -6.9% | -5.97% | 6.09% | 6.69% | 1.22% | -0.85% | -7.46% | -1.68% | -5.49% | -13.15% | -17.45% | -25.55% | -23.71% | 1.96% | 20.97% | 48.84% | 64.47% | 48.7% |
| Cost of Goods Sold | 7.23B | 5.34B | 5.2B | 5.88B | 6.65B | 5.34B | 5.55B | 6.25B | 6.32B | 5.04B | 5.54B | 6.38B | 6.87B | 5.11B | 5.93B | 7.41B | 8.44B | 6.98B | 7.69B | 7.17B |
| COGS % of Revenue | 90.2% | 89.82% | 89.82% | 89.12% | 88.16% | 88.87% | 89.11% | 89.16% | 88.87% | 89.58% | 90.03% | 90.15% | 89.37% | 89.32% | 91.14% | 90.95% | 90.6% | 90.75% | 90.19% | 89.79% |
| Gross Profit | 785.2M | 605.26M | 590.05M | 717.67M | 893.62M | 667.89M | 677.65M | 760.47M | 791.89M | 586.19M | 612.86M | 696.76M | 817.39M | 610.98M | 576.69M | 737.14M | 875.39M | 710.99M | 836.56M | 815.48M |
| Gross Margin % | 9.8% | 10.18% | 10.18% | 10.88% | 11.84% | 11.13% | 10.89% | 10.84% | 11.13% | 10.42% | 9.97% | 9.85% | 10.63% | 10.68% | 8.86% | 9.05% | 9.4% | 9.25% | 9.81% | 10.21% |
| Gross Profit Growth % | -12.13% | -9.38% | -12.93% | -5.63% | 12.85% | 13.94% | 10.57% | 9.14% | -3.12% | -4.06% | 6.27% | -5.48% | -6.63% | -14.07% | -31.06% | -9.61% | -5.31% | 10.85% | 32.49% | 8.42% |
| Operating Expenses | 771.63M | 854.98M | 723.74M | 835.49M | 851.34M | 767.44M | 712.91M | 810.4M | 804.47M | 734.67M | 709.22M | 696.76M | 719.82M | 748.63M | 754.88M | 818.89M | 788.65M | 746.75M | 721.63M | 675.19M |
| OpEx % of Revenue | 9.63% | 14.38% | 12.49% | 12.67% | 11.28% | 12.78% | 11.46% | 11.55% | 11.31% | 13.06% | 11.53% | 9.85% | 9.36% | 13.08% | 11.6% | 10.05% | 8.47% | 9.71% | 8.46% | 8.45% |
| Selling, General & Admin | 635.17M | 691.7M | 581.4M | 621.6M | 679.6M | 629.8M | 575.8M | 629.6M | 657.2M | 597.8M | 576.2M | 602.5M | 576.4M | 589M | 607.8M | 681.9M | 671.4M | 633.7M | 588.6M | 586.7M |
| SG&A % of Revenue | 7.93% | 11.63% | 10.03% | 9.43% | 9.01% | 10.49% | 9.25% | 8.98% | 9.24% | 10.62% | 9.37% | 8.52% | 7.5% | 10.29% | 9.34% | 8.37% | 7.21% | 8.24% | 6.9% | 7.34% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 13.57M | -249.73M | -133.69M | -117.82M | 42.28M | -99.55M | -35.26M | -49.93M | -12.57M | -148.48M | -96.36M | 0 | 97.57M | -137.65M | -178.19M | -81.75M | 86.74M | -35.76M | 114.93M | 140.29M |
| Operating Margin % | 0.17% | -4.2% | -2.31% | -1.79% | 0.56% | -1.66% | -0.57% | -0.71% | -0.18% | -2.64% | -1.57% | - | 1.27% | -2.41% | -2.74% | -1% | 0.93% | -0.47% | 1.35% | 1.76% |
| Operating Income Growth % | -67.91% | -150.85% | -279.16% | -135.95% | 436.28% | 32.95% | 63.41% | - | -112.89% | -7.86% | 45.92% | 100% | 12.48% | -284.94% | -255.04% | -158.27% | -73.88% | -151.92% | -13.33% | -37.47% |
| EBITDA | 106.46M | -155.96M | -45.21M | -33.89M | 122.07M | -22.08M | 40.11M | 22.79M | 56.67M | -81.59M | -29.8M | 405.84M | 160.57M | -75.08M | -113.44M | -14.32M | 157.22M | 36.61M | 186.45M | 207.24M |
| EBITDA Margin % | 1.33% | -2.62% | -0.78% | -0.51% | 1.62% | -0.37% | 0.64% | 0.32% | 0.8% | -1.45% | -0.48% | 5.74% | 2.09% | -1.31% | -1.74% | -0.18% | 1.69% | 0.48% | 2.19% | 2.59% |
| EBITDA Growth % | -12.78% | -606.29% | -212.73% | -248.72% | 115.4% | 72.94% | 234.57% | -94.39% | -64.71% | -8.67% | 73.73% | 2934.7% | 2.13% | -305.1% | -160.84% | -106.91% | -60.15% | -71.95% | -3.96% | -27.28% |
| D&A (Non-Cash Add-back) | 92.89M | 93.76M | 88.48M | 83.93M | 79.78M | 77.47M | 75.37M | 72.72M | 69.24M | 66.89M | 66.56M | 63.97M | 63M | 62.57M | 64.75M | 67.43M | 70.47M | 72.37M | 71.52M | 66.94M |
| EBIT | 13.57M | 102.27M | 298.31M | 354.75M | 507.7M | 336.54M | 385.09M | 398.56M | 420.3M | 270.85M | 312.02M | 341.87M | 480.31M | 221.56M | 168.94M | 262.82M | 414.18M | 276.89M | 433.86M | 450.82M |
| Net Interest Income | 242.89M | 228.05M | 233.58M | 262.15M | 260.83M | 249.56M | 250.58M | 243.78M | 238.84M | -31.43M | -31.27M | -31.59M | -30.47M | -28.73M | -30.15M | -32.74M | -28.77M | -26.85M | -24.3M | -22.41M |
| Interest Income | 460.9M | 441M | 448M | 489.8M | 485.4M | 467.7M | 469.2M | 464.5M | 452.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 218.01M | 212.95M | 214.42M | 227.65M | 224.57M | 218.14M | 218.62M | 220.72M | 213.66M | 31.43M | 31.27M | 31.59M | 30.47M | 28.73M | 30.15M | 32.74M | 28.77M | 26.85M | 24.3M | 22.41M |
| Other Income/Expense | 244.99M | 139.05M | 217.58M | 244.92M | 240.85M | 217.96M | 201.73M | 227.78M | 219.21M | 213.99M | 206.92M | 158.29M | 209.67M | 220.29M | 228.18M | 249.32M | 249.86M | 237.01M | 241.03M | 227.52M |
| Pretax Income | 258.56M | -110.68M | 83.89M | 127.1M | 283.13M | 118.4M | 166.47M | 177.84M | 206.64M | 65.51M | 110.56M | 158.29M | 307.24M | 82.63M | 49.99M | 167.57M | 336.6M | 201.25M | 355.96M | 367.81M |
| Pretax Margin % | 3.23% | -1.86% | 1.45% | 1.93% | 3.75% | 1.97% | 2.67% | 2.54% | 2.9% | 1.16% | 1.8% | 2.24% | 4% | 1.44% | 0.77% | 2.06% | 3.61% | 2.62% | 4.17% | 4.6% |
| Income Tax | 72.93M | 10M | 21.67M | 31.72M | 72.75M | 28.54M | 41.03M | 45.03M | 54.2M | 15.24M | 28.55M | 39.65M | 78.94M | 13.62M | 12.41M | 41.67M | 84.34M | 41.41M | 86.52M | 82.55M |
| Effective Tax Rate % | 28.21% | -9.04% | 25.83% | 24.96% | 25.69% | 24.1% | 24.65% | 25.32% | 26.23% | 23.27% | 25.83% | 25.05% | 25.69% | 16.48% | 24.83% | 24.87% | 25.06% | 20.58% | 24.31% | 22.44% |
| Net Income | 185.63M | -120.68M | 62.22M | 95.38M | 210.38M | 89.87M | 125.44M | 132.81M | 152.44M | 50.27M | 82M | 118.64M | 228.3M | 69.01M | 37.58M | 125.91M | 252.26M | 159.84M | 269.44M | 285.27M |
| Net Margin % | 2.32% | -2.03% | 1.07% | 1.45% | 2.79% | 1.5% | 2.02% | 1.89% | 2.14% | 0.89% | 1.33% | 1.68% | 2.97% | 1.21% | 0.58% | 1.55% | 2.71% | 2.08% | 3.16% | 3.57% |
| Net Income Growth % | -11.77% | -234.29% | -50.4% | -28.18% | 38.01% | 78.77% | 52.97% | 11.95% | -33.23% | -27.16% | 118.21% | -5.77% | -9.5% | -56.82% | -86.05% | -55.86% | -42.24% | -23.87% | 14.51% | -3.85% |
| Net Income (Continuing) | 185.63M | -120.68M | 62.22M | 95.38M | 210.38M | 89.87M | 125.44M | 132.81M | 152.44M | 50.27M | 82M | 118.64M | 228.3M | 69.01M | 37.58M | 125.91M | 252.26M | 159.84M | 269.44M | 285.27M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 1.31 | -0.77 | 0.43 | 0.64 | 1.38 | 0.58 | 0.81 | 0.85 | 0.97 | 0.32 | 0.52 | 0.75 | 1.44 | 0.44 | 0.24 | 0.79 | 1.56 | 0.98 | 1.63 | 1.72 |
| EPS Growth % | -5.07% | -232.76% | -46.91% | -24.71% | 42.27% | 81.25% | 55.77% | 13.33% | -32.64% | -27.27% | 116.67% | -5.06% | -7.69% | -55.1% | -85.28% | -54.07% | -40.68% | -22.83% | 14.79% | -3.91% |
| EPS (Basic) | 1.31 | -0.77 | 0.43 | 0.64 | 1.38 | 0.58 | 0.81 | 0.85 | 0.97 | 0.32 | 0.52 | 0.75 | 1.44 | 0.44 | 0.24 | 0.79 | 1.57 | 0.98 | 1.66 | 1.75 |
| Diluted Shares Outstanding | 142.15M | 147.61M | 149.38M | 151.12M | 152.61M | 155.66M | 155.26M | 156.53M | 157.71M | 158.23M | 158.8M | 159.24M | 158.56M | 158.47M | 158.54M | 160.22M | 161.8M | 163.87M | 164.87M | 165.64M |
| Basic Shares Outstanding | 141.85M | 147.26M | 149M | 150.71M | 152.14M | 153.67M | 155.26M | 155.87M | 157.16M | 157.82M | 158.45M | 158.48M | 158.12M | 158.03M | 158M | 158.8M | 160.3M | 161.51M | 162.01M | 162.97M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |