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

Carmax (KMX) recorded quarterly Change in Inventory of $1.0 billion in Q1 2026, up 4766.81% quarter-over-quarter from -$21.6 million in Q4 2025, and up 274.48% on a YoY basis from $269.5 million in Q1 2025.

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

Carmax's Change in Inventory history runs 18 years deep, the most recent figure standing at $1.0 billion for Q1 2026.

  • In Q1 2026, Change in Inventory rose 274.48% year-over-year to $1.0 billion; the TTM figure through Feb 2026 stood at $202.4 million (down 21.11% YoY), while the FY2026 annual figure was $202.4 million, down 21.11% from the prior year.
  • Change in Inventory was $1.0 billion for Q1 2026 at Carmax, up from -$21.6 million in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $1.0 billion in Q1 2026 to a low of -$1.3 billion in Q4 2022.
  • Historically, Change in Inventory has averaged -$30.7 million across 5 years, with a median of -$19.4 million in 2022.
  • The sharpest annual moves came in 2023 and 2025: Change in Inventory sank 1147.08% in 2023, then jumped 588.73% in 2025.
  • A 5-year view of Change in Inventory shows it 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 sank by 108.09% to -$21.6 million in 2025, then jumped by 4766.81% to $1.0 billion in 2026.
  • The last three Change in Inventory figures came in at $1.0 billion (Q1 2026), -$21.6 million (Q4 2025), and -$474.8 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn -
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn 247.00 Mn
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn 1.01 Bn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn 97.20 Mn
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn 43.90 Mn
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn 85.49 Mn
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn -1.00 Mn
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn -
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn 40.10 Mn
10 Asbury Automotive 3.63 Bn 3.60 Bn 726.90 Mn -26.50 Mn

Historic Data

Download Data
DateValue
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
Nov 30, 2023 -200.34 Mn
Nov 30, 2023 -200.34 Mn