Carmax (KMX) Deferred Taxes (2009 - 2026)
Carmax (KMX) posted quarterly Deferred Taxes of -$991000.0 for Q2 2026, down 135.62% year-over-year from $2.8 million in Q2 2025, and up 64.83% quarter-over-quarter from -$2.8 million in Q1 2026.
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Carmax (KMX) Deferred Taxes (2009 - 2026) Analysis & Trends
Carmax's Deferred Taxes history runs 18 years deep, the most recent figure standing at -$991000.0 for Q2 2026.
- In Q2 2026, Deferred Taxes fell 135.62% year-over-year to -$991000.0; the TTM figure through May 2026 stood at $70.0 million (up 470.4% YoY), while the FY2026 annual figure was $73.8 million, up 411.08% from the prior year.
- Deferred Taxes for Q2 2026 stood at -$991000.0, up from -$2.8 million in the prior quarter.
- The five-year high for Deferred Taxes was $39.6 million in Q3 2025, with the low at -$17.7 million in Q3 2023.
- The 5-year median for Deferred Taxes is -$3.2 million (2022), against an average of $1.8 million.
- The sharpest annual moves came in 2022 and 2024: Deferred Taxes tumbled 238.83% in 2022, then surged 637.28% in 2024.
- Carmax's Deferred Taxes stood at -$3.0 million in 2022, then declined by 15.68% to -$3.4 million in 2023, then slumped by 137.21% to -$8.2 million in 2024, then soared by 518.43% to $34.2 million in 2025, then sank by 102.9% to -$991000.0 in 2026.
- Business Quant data shows KMX's Deferred Taxes at -$991000.0 in Q2 2026, -$2.8 million in Q1 2026, and $34.2 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 52.87 Bn | 50.13 Bn | 1.38 Bn | -63.00 Mn |
| 2 | Penske Automotive | 14.22 Bn | 14.15 Bn | 1.36 Bn | 8.20 Mn |
| 3 | Rush Enterprises Inc \Tx\ | 9.01 Bn | 8.75 Bn | 361.67 Mn | 2.05 Mn |
| 4 | Carmax | 8.69 Bn | 8.10 Bn | 854.41 Mn | -991,000.00 |
| 5 | Lithia Motors | 8.26 Bn | 7.90 Bn | 1.50 Bn | 35.20 Mn |
| 6 | Autonation | 6.73 Bn | 6.68 Bn | 1.23 Bn | 7.80 Mn |
| 7 | Uxin | 5.72 Bn | 5.71 Bn | - | - |
| 8 | Valvoline | 4.10 Bn | 4.02 Bn | 214.90 Mn | - |
| 9 | Openlane | 4.07 Bn | 3.88 Bn | 248.20 Mn | 900,000.00 |
| 10 | Asbury Automotive | 3.86 Bn | 3.83 Bn | 753.10 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | -991,000.00 |
| Feb 28, 2026 | -2.82 Mn |
| Nov 30, 2025 | 34.19 Mn |
| Aug 31, 2025 | 39.64 Mn |
| May 31, 2025 | 2.78 Mn |
| Feb 28, 2025 | -3.76 Mn |
| Nov 30, 2024 | -8.17 Mn |
| Aug 31, 2024 | -9.75 Mn |
| May 31, 2024 | -2.04 Mn |
| Feb 29, 2024 | 23.49 Mn |
| Nov 30, 2023 | -3.45 Mn |
| Aug 31, 2023 | -17.72 Mn |
| May 31, 2023 | -7.13 Mn |
| Feb 28, 2023 | -4.37 Mn |
| Nov 30, 2022 | -2.98 Mn |
| Aug 31, 2022 | -10.76 Mn |
| May 31, 2022 | 11.56 Mn |
| Feb 28, 2022 | -4.56 Mn |
| Nov 30, 2021 | -12.94 Mn |
| Aug 31, 2021 | 7.75 Mn |