Carmax Inc income statement

In fiscal 2026, Carmax Inc reported revenue of $25.88bn, down 1.8% on the year before and net income of $247m, or $1.68 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ billions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Carmax Inc: income statement, annual
Fiscal year	2010Feb 2010	2011Feb 2011	2012Feb 2012	2013Feb 2013	2014Feb 2014	2015Feb 2015	2016Feb 2016	2017Feb 2017	2018Feb 2018	2019Feb 2019	2020Feb 2020	2021Feb 2021	2022Feb 2022	2023Feb 2023	2024Feb 2024	2025Feb 2025	2026Feb 2026	LTMAug 2026
Revenue	7.5	9.0	10.0	11.0	12.6	14.3	15.1	15.9	17.1	18.2	20.3	19.0	31.9	29.7	26.5	26.4	25.9	27.6
Cost of revenue	6.4	7.7	8.6	9.5	10.9	12.4	13.1	13.7	14.8	15.7	17.6	16.6	28.6	26.9	23.8	23.5	23.1	24.8
Gross profit	1.1	1.3	1.4	1.5	1.6	1.9	2.0	2.2	2.3	2.5	2.7	2.4	3.3	2.8	2.7	2.9	2.8	2.8
Selling, general and administrative	0.8	0.9	0.9	1.0	1.2	1.3	1.4	1.5	1.6	1.7	1.8	1.7	2.3	2.5	2.3	2.4	2.5	2.5
Interest expense	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
Net interest income	0.0	0.3	0.3	0.4	0.5	0.5	0.6	0.6	0.6	0.7	0.7	0.8	1.1	1.1	1.0	1.1	1.1	1.1
Provision for credit losses	0.0	0.0	0.0	0.1	0.1	0.1	0.1	0.2	0.1	0.2	0.2	0.2	0.1	0.3	0.3	0.3	0.4	0.4
Income before tax	0.4	0.6	0.7	0.7	0.8	1.0	1.0	1.0	1.1	1.1	1.2	1.0	1.5	0.6	0.6	0.7	0.4	0.5
Income tax	0.2	0.2	0.3	0.3	0.3	0.4	0.4	0.4	0.4	0.3	0.3	0.2	0.3	0.2	0.2	0.2	0.1	0.2
Net income	0.3	0.4	0.4	0.4	0.5	0.6	0.6	0.6	0.7	0.8	0.9	0.7	1.2	0.5	0.5	0.5	0.2	0.3
Diluted EPS	$1.24	$1.65	$1.79	$1.87	$2.16	$2.73	$3.03	$3.26	$3.60	$4.79	$5.33	$4.52	$6.97	$3.03	$3.02	$3.21	$1.68	$2.04
Diluted shares (average)	222m	228m	231m	232m	228m	219m	206m	192m	184m	176m	167m	165m	165m	160m	159m	156m	148m	143m

US$ millions unless shown otherwise. Fiscal quarters.

Carmax Inc: income statement, quarterly
Quarter	2025 Q3Nov 2024	2025 Q4Feb 2025	2026 Q1May 2025	2026 Q2Aug 2025	2026 Q3Nov 2025	2026 Q4Feb 2026	2027 Q1May 2026	2027 Q2Aug 2026
Revenue	6,223	6,003	7,547	6,595	5,794	5,946	8,014	7,878
Cost of revenue	5,546	5,335	6,653	5,877	5,204	5,341	7,159	7,078
Gross profit	678	668	894	718	590	605	854	799
Selling, general and administrative	576	611	660	601	581	611	635	629
Interest expense	25	24	27	28	26	29	34	32
Net interest income	276	274	288	291	260	257	277	274
Provision for credit losses	73	68	102	142	73	74	96	113
Income before tax	166	118	283	127	84	−111	259	223
Income tax	41	29	73	32	22	10	73	58
Net income	125	90	210	95	62	−121	186	165
Diluted EPS	$0.81	$0.59	$1.38	$0.64	$0.43	−$0.78	$1.31	$1.16

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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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.