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| Date | Value |
|---|---|
| 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 |