Carmax (KMX) Cost of Revenue (2009 - 2026)

Carmax's Cost of Revenue history runs 18 years deep, the most recent figure standing at $5.3 billion for Q1 2026.

• In Q1 2026, Cost of Revenue changed 0.1% year-over-year to $5.3 billion; the TTM figure through Feb 2026 stood at $23.1 billion (down 1.62% YoY), while the FY2026 annual figure was $23.1 billion, down 1.62% from the prior year.
• Cost of Revenue was $5.3 billion for Q1 2026 at Carmax, up from $5.2 billion in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $8.4 billion in Q2 2022 to a low of $5.0 billion in Q1 2024.
• Historically, Cost of Revenue has averaged $6.1 billion across 5 years, with a median of $5.9 billion in 2022.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue surged 54.23% in 2022, then dropped 26.72% in 2023.
• A 5-year view of Cost of Revenue shows it stood at $5.9 billion in 2022, then retreated by 6.64% to $5.5 billion in 2023, then advanced by 0.18% to $5.5 billion in 2024, then slipped by 6.16% to $5.2 billion in 2025, then rose by 2.63% to $5.3 billion in 2026.
• The last three Cost of Revenue figures came in at $5.3 billion (Q1 2026), $5.2 billion (Q4 2025), and $5.9 billion (Q3 2025), per Business Quant data.