Carmax (KMX) Cost of Revenue (2009 - 2026)
Carmax's Cost of Revenue came in at $7.08 billion for fiscal Q2 2027 (quarter ended Aug 31, 2026), up 20.4% from $5.88 billion a year earlier but down 1.1% from the prior quarter.
Powered by 
Analysis
Carmax (KMX) Cost of Revenue (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Aug 31, 2026, Carmax reported Cost of Revenue of $24.78 billion, up 5.9% year-over-year; for FY2026 (ended Feb 28, 2026), it came in at $23.07 billion, down 1.6% from FY2025.
- Cost of Revenue has declined in each of the last four fiscal years, though with a five-year compound annual growth rate of 6.8% (FY2021 to FY2026).
- Going back by fiscal year, Cost of Revenue was $23.46 billion in FY2025 (-1.5%), $23.82 billion in FY2024 (-11.4%), $26.88 billion in FY2023 (-6.0%) and $28.61 billion in FY2022 (+72.7%).
- The five-year range for quarterly Cost of Revenue is $5.04 billion (fiscal Q4 2024) to $8.44 billion (fiscal Q1 2023).
- Year-over-year, Cost of Revenue has increased for three consecutive quarters, with growth averaging 3.4% over the last eight quarters.
- The fastest year-over-year change in Cost of Revenue over five years came in fiscal Q3 2022 (growth of 68.9%), and the weakest in fiscal Q4 2023 (a decline of 26.7%).
- Business Quant data shows KMX's Cost of Revenue at $7.16 billion (Q1 2027), $5.34 billion (Q4 2026) and $5.2 billion (Q3 2026) in the three fiscal quarters before Q2 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,674.18 Bn | 2,190.88 Bn | 104.83 Bn | 95.78 Bn |
| 2 | Home Depot | 319.00 Bn | 312.24 Bn | 16.12 Bn | 31.75 Bn |
| 3 | Tjx Companies | 159.67 Bn | 137.22 Bn | 5.07 Bn | 10.11 Bn |
| 4 | Lowes Companies | 111.47 Bn | 104.43 Bn | 8.58 Bn | 17.38 Bn |
| 5 | O Reilly Automotive | 73.39 Bn | 72.48 Bn | 2.52 Bn | 2.38 Bn |
| 6 | Ross Stores | 73.30 Bn | 56.23 Bn | 2.12 Bn | 4.15 Bn |
| 7 | Target | 69.39 Bn | 63.98 Bn | 8.94 Bn | 17.60 Bn |
| 8 | Carvana | 63.54 Bn | 55.14 Bn | 1.38 Bn | 5.99 Bn |
| 9 | Autozone | 52.26 Bn | 51.16 Bn | 2.52 Bn | 2.32 Bn |
| 10 | Carmax | 7.32 Bn | 6.69 Bn | 799.46 Mn | 7.08 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 7.08 Bn |
| 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 |
API Access
Carmax Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=KMX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "KMX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=KMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();