Carmax (KMX) Change in Inventory (2009 - 2026)

Carmax (KMX) posted quarterly Change in Inventory of -$74.2 million for Q2 2026, up 76.07% year-over-year from -$42.2 million in Q2 2025, and down 107.36% on a QoQ basis from $1.0 billion in Q1 2026.

Carmax (KMX) Change in Inventory (2009 - 2026) Analysis & Trends

Carmax (KMX) has reported Change in Inventory for 18 consecutive years, with -$74.2 million the latest figure, recorded in Q2 2026.

  • In Q2 2026, Change in Inventory rose 76.07% year-over-year to -$74.2 million; the TTM figure through May 2026 stood at $438.4 million (up 395.16% YoY), while the FY2026 annual figure was $202.4 million, down 21.11% from the prior year.
  • Change in Inventory came in at -$74.2 million for Q2 2026 at Carmax, down from $1.0 billion in the prior quarter.
  • The five-year high for Change in Inventory was $1.0 billion in Q1 2026, with the low at -$1.3 billion in Q4 2022.
  • Average Change in Inventory over 5 years is -$33.1 million, with a median of -$20.5 million recorded in 2022.
  • Across the five-year window, Change in Inventory slumped 1147.08% in 2023 and jumped 588.73% in 2025, its largest moves.
  • Year by year, Change in Inventory stood at -$1.3 billion in 2022, then jumped by 84.06% to -$200.3 million in 2023, then jumped by 233.48% to $267.4 million in 2024, then slumped by 108.09% to -$21.6 million in 2025, then slumped by 243.35% to -$74.2 million in 2026.
  • According to Business Quant data, Change in Inventory over the past three periods registered -$74.2 million, $1.0 billion, and -$21.6 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 247.00 Mn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 74.70 Mn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn -74.24 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 97.20 Mn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 43.90 Mn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 85.49 Mn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn -1.00 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn -26.50 Mn
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 40.10 Mn

Historic Data

Download Data
DateValue
May 31, 2026 -74.24 Mn
May 31, 2026 -74.24 Mn
Feb 28, 2026 1.01 Bn
Feb 28, 2026 1.01 Bn
Nov 30, 2025 -21.62 Mn
Nov 30, 2025 -21.62 Mn
Aug 31, 2025 -474.78 Mn
Aug 31, 2025 -474.78 Mn
May 31, 2025 -310.27 Mn
May 31, 2025 -310.27 Mn
Feb 28, 2025 269.46 Mn
Feb 28, 2025 269.46 Mn
Nov 30, 2024 267.42 Mn
Nov 30, 2024 267.42 Mn
Aug 31, 2024 -375.14 Mn
Aug 31, 2024 -375.14 Mn
May 31, 2024 94.82 Mn
May 31, 2024 94.82 Mn
Feb 29, 2024 39.12 Mn
Feb 29, 2024 39.12 Mn