Carmax (KMX) Cost of Revenue (2009 - 2026)
Carmax (KMX) posted quarterly Cost of Revenue of $7.2 billion for Q2 2026, up 7.61% year-over-year from $6.7 billion in Q2 2025, and up 34.05% on a QoQ basis from $5.3 billion in Q1 2026.
Carmax (KMX) Cost of Revenue (2009 - 2026) Analysis & Trends
Carmax (KMX) has reported Cost of Revenue for 18 consecutive years, with $7.2 billion the latest figure, recorded in Q2 2026.
- In Q2 2026, Cost of Revenue rose 7.61% year-over-year to $7.2 billion; the TTM figure through May 2026 stood at $23.6 billion (down 0.87% YoY), while the FY2026 annual figure was $23.1 billion, down 1.62% from the prior year.
- Cost of Revenue came in at $7.2 billion for Q2 2026 at Carmax, up from $5.3 billion in the prior quarter.
- The five-year high for Cost of Revenue was $8.4 billion in Q2 2022, with the low at $5.0 billion in Q1 2024.
- Average Cost of Revenue over 5 years is $6.2 billion, with a median of $6.1 billion recorded in 2022.
- Across the five-year window, Cost of Revenue surged 54.23% in 2022 and retreated 26.72% in 2023, its largest moves.
- Year by year, Cost of Revenue stood at $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, then surged by 37.57% to $7.2 billion in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $7.2 billion, $5.3 billion, and $5.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 128.90 Bn | 128.96 Bn | - | 185.00 |
| 2 | Carvana | 48.46 Bn | 46.86 Bn | 1.27 Bn | 5.16 Bn |
| 3 | Penske Automotive | 11.65 Bn | 11.59 Bn | 1.30 Bn | 6.56 Bn |
| 4 | Carmax | 7.34 Bn | 7.21 Bn | 854.41 Mn | 7.16 Bn |
| 5 | Lithia Motors | 6.80 Bn | 6.82 Bn | 1.42 Bn | 7.85 Bn |
| 6 | Autonation | 6.40 Bn | 6.33 Bn | 1.21 Bn | 5.34 Bn |
| 7 | Rush Enterprises Inc \Tx\ | 5.57 Bn | 5.35 Bn | 343.80 Mn | 1.34 Bn |
| 8 | Valvoline | 4.88 Bn | 4.79 Bn | 187.00 Mn | 316.80 Mn |
| 9 | Asbury Automotive | 3.76 Bn | 3.73 Bn | 726.90 Mn | 3.39 Bn |
| 10 | Group 1 Automotive | 3.41 Bn | 3.37 Bn | 877.90 Mn | 4.53 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 7.16 Bn |
| May 31, 2026 | 7.16 Bn |
| Feb 28, 2026 | 5.34 Bn |
| Feb 28, 2026 | 5.34 Bn |
| Nov 30, 2025 | 5.20 Bn |
| Nov 30, 2025 | 5.20 Bn |
| Aug 31, 2025 | 5.88 Bn |
| Aug 31, 2025 | 5.88 Bn |
| May 31, 2025 | 6.65 Bn |
| May 31, 2025 | 6.65 Bn |
| Feb 28, 2025 | 5.34 Bn |
| Feb 28, 2025 | 5.34 Bn |
| Nov 30, 2024 | 5.55 Bn |
| Nov 30, 2024 | 5.55 Bn |
| Aug 31, 2024 | 6.25 Bn |
| Aug 31, 2024 | 6.25 Bn |
| May 31, 2024 | 6.32 Bn |
| May 31, 2024 | 6.32 Bn |
| Feb 29, 2024 | 5.04 Bn |
| Feb 29, 2024 | 5.04 Bn |