Carmax Inc number of employees

Carmax Inc reported 27,796 employees at February 28, 2026 in its latest annual report, down 2,252 (7.5%) on the year before. That compares with 32,647 at February 28, 2022. Revenue per employee was $931,110.

Headcount by year

Fiscal year end	Employees	Change	Revenue per employee	Source
February 28, 2026	27,796	−2,252 (7.5%)	$931,110	10-K, filed April 15, 2026
February 28, 2025	30,048	+212 (0.7%)	$877,044	10-K, filed April 11, 2025
February 29, 2024	29,836	−785 (2.6%)	$889,397	10-K, filed April 15, 2024
February 28, 2023	30,621	−2,026 (6.2%)	$969,429	10-K, filed April 13, 2023
February 28, 2022	32,647	—	$977,131	10-K, filed April 14, 2022

What the annual reports say

On February 28, 2026, we had a total of 27,796 full- and part-time associates, of which 942 work in our CAF segment and 488 work for our Edmunds business. 2026 annual report
On February 28, 2025, we had a total of 30,048 full- and part-time associates, of which 1,011 work in our CAF segment and 492 work for our Edmunds business. 2025 annual report
On February 29, 2024, we had a total of 29,836 full- and part-time associates, of which 970 work in our CAF segment and 473 work for our Edmunds business. 2024 annual report
On February 28, 2023, we had a total of 30,621 full- and part-time associates, of which 936 work in our CAF segment and 474 work for our Edmunds business. 2023 annual report
On February 28, 2022, we had a total of 32,647 full- and part-time associates, of which 744 work in our CAF segment and 448 work for our Edmunds business. 2022 annual report

Headcount as the company states it in Item 1 of its annual report (some count full-time equivalents or exclude part-time and temporary staff), at the date it gives. Years where the report states no clear total are left out rather than estimated. Changes can reflect acquisitions and disposals as well as hiring and job cuts.

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Figures from Carmax Inc's SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Carmax Inc.