Growth Metrics

Carmax (KMX) Cost of Revenue (2016 - 2025)

Carmax (KMX) has 17 years of Cost of Revenue data on record, last reported at $5.2 billion in Q4 2025.

  • For Q4 2025, Cost of Revenue fell 6.16% year-over-year to $5.2 billion; the TTM value through Nov 2025 reached $23.1 billion, changed 0.4%, while the annual FY2025 figure was $23.5 billion, 1.54% down from the prior year.
  • Cost of Revenue reached $5.2 billion in Q4 2025 per KMX's latest filing, down from $5.9 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $8.4 billion in Q2 2022 and bottomed at $4.5 billion in Q1 2021.
  • Average Cost of Revenue over 5 years is $6.3 billion, with a median of $6.3 billion recorded in 2024.
  • Peak YoY movement for Cost of Revenue: surged 135.62% in 2021, then dropped 26.72% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $7.7 billion in 2021, then dropped by 22.91% to $5.9 billion in 2022, then dropped by 6.64% to $5.5 billion in 2023, then increased by 0.18% to $5.5 billion in 2024, then fell by 6.16% to $5.2 billion in 2025.
  • Per Business Quant database, its latest 3 readings for Cost of Revenue were $5.2 billion in Q4 2025, $5.9 billion in Q3 2025, and $6.7 billion in Q2 2025.