Carmax (KMX) Current Taxes (2010 - 2026)

Carmax (KMX) recorded quarterly Current Taxes of $2.0 million in Q1 2026, down 50.5% quarter-over-quarter from $4.1 million in Q4 2025, and down 97.69% on a YoY basis from $87.5 million in Q1 2025.

Carmax (KMX) Current Taxes (2010 - 2026) Analysis & Trends

Carmax's Current Taxes history runs 17 years deep, the most recent figure standing at $2.0 million for Q1 2026.

  • In Q1 2026, Current Taxes fell 97.69% year-over-year to $2.0 million; the TTM figure through Feb 2026 stood at $2.0 million (down 97.69% YoY), while the FY2026 annual figure was $2.0 million, down 97.69% from the prior year.
  • Current Taxes was $2.0 million for Q1 2026 at Carmax, down from $4.1 million in the prior quarter.
  • In the past five years, Current Taxes ranged from a high of $87.5 million in Q1 2025 to a low of $103000.0 in Q3 2023.
  • Historically, Current Taxes has averaged $32.1 million across 5 years, with a median of $21.6 million in 2022.
  • The sharpest annual moves came in 2024 and 2026: Current Taxes surged 32970.87% in 2024, then tumbled 97.69% in 2026.
  • A 5-year view of Current Taxes shows it stood at $18.4 million in 2022, then sank by 42.38% to $10.6 million in 2023, then jumped by 559.82% to $69.8 million in 2024, then plunged by 94.16% to $4.1 million in 2025, then tumbled by 50.5% to $2.0 million in 2026.
  • The last three Current Taxes figures came in at $2.0 million (Q1 2026), $4.1 million (Q4 2025), and $4.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Uxin 18.05 Bn 18.09 Bn 11.57 Mn 10.62 Mn
2 Carvana 9.49 Bn 7.89 Bn 1.27 Bn -
3 Carmax 6.94 Bn 6.35 Bn 605.26 Mn 2.02 Mn
4 Lithia Motors 6.76 Bn 6.78 Bn 1.42 Bn -
5 Autonation 6.51 Bn 6.45 Bn 1.21 Bn -
6 Rush Enterprises Inc \Tx\ 5.19 Bn 4.97 Bn 343.80 Mn -
7 Valvoline 4.57 Bn 4.48 Bn 187.00 Mn -
8 Openlane 3.88 Bn 3.84 Bn 256.20 Mn 17.60 Mn
9 Group 1 Automotive 3.69 Bn 3.65 Bn 877.90 Mn -
10 Asbury Automotive 3.63 Bn 3.60 Bn 726.90 Mn -

Historic Data

Download Data
DateValue
Feb 28, 2026 2.02 Mn
Nov 30, 2025 4.08 Mn
Aug 31, 2025 4.87 Mn
May 31, 2025 79.41 Mn
Feb 28, 2025 87.53 Mn
Nov 30, 2024 69.82 Mn
Aug 31, 2024 34.06 Mn
May 31, 2024 24.79 Mn
Nov 30, 2023 10.58 Mn
Aug 31, 2023 103,000.00
May 31, 2023 49.19 Mn
May 31, 2022 18.37 Mn
Nov 30, 2021 518,000.00
Aug 31, 2021 422,000.00
May 31, 2021 96.62 Mn
Feb 28, 2021 218,000.00
Nov 30, 2020 18.32 Mn
Aug 31, 2020 64.73 Mn
Feb 29, 2020 1.39 Mn
Nov 30, 2019 1.50 Mn