Carmax (KMX) Cost of Revenue (2009 - 2026)
Carmax (KMX) posted Cost of Revenue of $7.2 billion for Q2 2026, up 34.05% on a QoQ basis from $5.3 billion in Q1 2026, and up 7.61% year-over-year from $6.7 billion in Q2 2025.
Analysis
Carmax (KMX) Cost of Revenue (2009 - 2026) Analysis & Trends
Carmax has reported Cost of Revenue for 18 years, with the latest figure at $7.2 billion in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 7.61% year-over-year to $7.2 billion in Q2 2026; TTM through May 2026 was $23.6 billion, a 0.87% decrease from a year earlier, with the FY2026 full-year figure at $23.1 billion, down 1.62% from the prior year.
- Cost of Revenue was $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.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue soared 54.23% in 2022, then declined 26.72% in 2023.
- Over 5 years, Cost of Revenue stood at $5.9 billion in 2022, then decreased by 6.64% to $5.5 billion in 2023, then climbed by 0.18% to $5.5 billion in 2024, then dropped by 6.16% to $5.2 billion in 2025, then soared by 37.57% to $7.2 billion in 2026.
- The last three Cost of Revenue figures came in at $7.2 billion (Q2 2026), $5.3 billion (Q1 2026), and $5.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 5.99 Bn |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 7.16 Bn |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | 7.16 Bn |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | 8.29 Bn |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | 5.70 Bn |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | 3.32 Bn |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | 144.77 Mn |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 3.63 Bn |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 4.52 Bn |
| 10 | Marinemax | 1.16 Bn | 996.41 Mn | 218.08 Mn | 393.18 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 7.16 Bn |
| Feb 28, 2026 | 5.34 Bn |
| Nov 30, 2025 | 5.20 Bn |
| Aug 31, 2025 | 5.88 Bn |
| May 31, 2025 | 6.65 Bn |
| Feb 28, 2025 | 5.34 Bn |
| Nov 30, 2024 | 5.55 Bn |
| Aug 31, 2024 | 6.25 Bn |
| May 31, 2024 | 6.32 Bn |
| Feb 29, 2024 | 5.04 Bn |
| Nov 30, 2023 | 5.54 Bn |
| Aug 31, 2023 | 6.38 Bn |
| May 31, 2023 | 6.87 Bn |
| Feb 28, 2023 | 5.11 Bn |
| Nov 30, 2022 | 5.93 Bn |
| Aug 31, 2022 | 7.41 Bn |
| May 31, 2022 | 8.44 Bn |
| Feb 28, 2022 | 6.98 Bn |
| Nov 30, 2021 | 7.69 Bn |
| Aug 31, 2021 | 7.17 Bn |