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
DateValue
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