Carmax (KMX) Deferred Taxes (2009 - 2026)

Carmax's Deferred Taxes history runs 18 years deep, the most recent figure standing at -$2.8 million for Q1 2026.

• In Q1 2026, Deferred Taxes rose 25.11% year-over-year to -$2.8 million; the TTM figure through Feb 2026 stood at $73.8 million (up 411.08% YoY), while the FY2026 annual figure was $73.8 million, up 411.08% from the prior year.
• Deferred Taxes was -$2.8 million for Q1 2026 at Carmax, down from $34.2 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $39.6 million in Q3 2025 to a low of -$17.7 million in Q3 2023.
• Historically, Deferred Taxes has averaged $2.0 million across 5 years, with a median of -$3.4 million in 2023.
• The sharpest annual moves came in 2022 and 2024: Deferred Taxes plunged 238.83% in 2022, then soared 637.28% in 2024.
• A 5-year view of Deferred Taxes shows it stood at -$3.0 million in 2022, then fell by 15.68% to -$3.4 million in 2023, then tumbled by 137.21% to -$8.2 million in 2024, then jumped by 518.43% to $34.2 million in 2025, then plunged by 108.24% to -$2.8 million in 2026.
• The last three Deferred Taxes figures came in at -$2.8 million (Q1 2026), $34.2 million (Q4 2025), and $39.6 million (Q3 2025), per Business Quant data.