Carmax (KMX) Cash from Operations (2009 - 2026)
Carmax (KMX) posted Cash from Operations of $17.6 million for Q2 2026, up 103.17% on a QoQ basis from -$554.3 million in Q1 2026, and down 94.13% year-over-year from $299.5 million in Q2 2025.
Analysis
Carmax (KMX) Cash from Operations (2009 - 2026) Analysis & Trends
Carmax has reported Cash from Operations for 18 years, with the latest figure at $17.6 million in Q2 2026.
- On a quarterly basis, Cash from Operations fell 94.13% year-over-year to $17.6 million in Q2 2026; TTM through May 2026 was $1.5 billion, a 44.18% increase from a year earlier, with the FY2026 full-year figure at $1.8 billion, up 185.67% from the prior year.
- Cash from Operations was $17.6 million for Q2 2026 at Carmax, up from -$554.3 million in the prior quarter.
- The five-year high for Cash from Operations was $1.3 billion in Q4 2025, with the low at -$554.3 million in Q1 2026.
- Average Cash from Operations over 5 years is $205.6 million, with a median of $135.3 million recorded in 2023.
- The sharpest annual moves came in 2025 and 2026: Cash from Operations soared 5466.04% in 2025, then sank 478.66% in 2026.
- Over 5 years, Cash from Operations stood at $1.2 billion in 2022, then sank by 82.23% to $210.1 million in 2023, then slumped by 111.11% to -$23.4 million in 2024, then jumped by 5466.04% to $1.3 billion in 2025, then tumbled by 98.6% to $17.6 million in 2026.
- The last three Cash from Operations figures came in at $17.6 million (Q2 2026), -$554.3 million (Q1 2026), and $1.3 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Operations (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 238.00 Mn |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 204.10 Mn |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | 17.59 Mn |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | -65.70 Mn |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | -71.10 Mn |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | -100.20 Mn |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | - |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 129.40 Mn |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 62.60 Mn |
| 10 | Marinemax | 1.16 Bn | 996.41 Mn | 218.08 Mn | 85.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 17.59 Mn |
| Feb 28, 2026 | -554.27 Mn |
| Nov 30, 2025 | 1.25 Bn |
| Aug 31, 2025 | 785.49 Mn |
| May 31, 2025 | 299.54 Mn |
| Feb 28, 2025 | 146.38 Mn |
| Nov 30, 2024 | -23.35 Mn |
| Aug 31, 2024 | 619.10 Mn |
| May 31, 2024 | -117.69 Mn |
| Feb 29, 2024 | 309.64 Mn |
| Nov 30, 2023 | 210.10 Mn |
| Aug 31, 2023 | 124.17 Mn |
| May 31, 2023 | -185.29 Mn |
| Feb 28, 2023 | -378.75 Mn |
| Nov 30, 2022 | 1.18 Bn |
| Aug 31, 2022 | -51.36 Mn |
| May 31, 2022 | 530.95 Mn |
| Feb 28, 2022 | -466.81 Mn |
| Nov 30, 2021 | -697.32 Mn |
| Aug 31, 2021 | -1.27 Bn |