Carmax (KMX) Net Cash Flow (2009 - 2026)
Carmax (KMX) recorded quarterly Net Cash Flow of -$50.0 million in Q1 2026, up 87.27% quarter-over-quarter from -$392.4 million in Q4 2025, and down 221.74% on a YoY basis from $41.0 million in Q1 2025.
Carmax (KMX) Net Cash Flow (2009 - 2026) Analysis & Trends
Carmax's Net Cash Flow history runs 18 years deep, the most recent figure standing at -$50.0 million for Q1 2026.
- In Q1 2026, Net Cash Flow fell 221.74% year-over-year to -$50.0 million; the TTM figure through Feb 2026 stood at -$97.5 million (up 66.4% YoY), while the FY2026 annual figure was -$97.5 million, up 66.4% from the prior year.
- Net Cash Flow was -$50.0 million for Q1 2026 at Carmax, up from -$392.4 million in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $566.4 million in Q4 2022 to a low of -$392.4 million in Q4 2025.
- Historically, Net Cash Flow has averaged $5.8 million across 5 years, with a median of -$15.4 million in 2023.
- The sharpest annual moves came in 2022 and 2024: Net Cash Flow surged 5246.48% in 2022, then sank 2074.53% in 2024.
- A 5-year view of Net Cash Flow shows it stood at $566.4 million in 2022, then slumped by 93.82% to $35.0 million in 2023, then plunged by 893.21% to -$277.5 million in 2024, then slumped by 41.42% to -$392.4 million in 2025, then soared by 87.27% to -$50.0 million in 2026.
- The last three Net Cash Flow figures came in at -$50.0 million (Q1 2026), -$392.4 million (Q4 2025), and $315.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 18.05 Bn | 18.09 Bn | 11.57 Mn | - |
| 2 | Carvana | 9.49 Bn | 7.89 Bn | 1.27 Bn | 83.00 Mn |
| 3 | Carmax | 6.94 Bn | 6.35 Bn | 605.26 Mn | -49.95 Mn |
| 4 | Lithia Motors | 6.76 Bn | 6.78 Bn | 1.42 Bn | 83.10 Mn |
| 5 | Autonation | 6.51 Bn | 6.45 Bn | 1.21 Bn | 40.10 Mn |
| 6 | Rush Enterprises Inc \Tx\ | 5.19 Bn | 4.97 Bn | 343.80 Mn | 27.08 Mn |
| 7 | Valvoline | 4.57 Bn | 4.48 Bn | 187.00 Mn | 15.00 Mn |
| 8 | Openlane | 3.88 Bn | 3.84 Bn | 256.20 Mn | 36.20 Mn |
| 9 | Group 1 Automotive | 3.69 Bn | 3.65 Bn | 877.90 Mn | 9.80 Mn |
| 10 | Asbury Automotive | 3.63 Bn | 3.60 Bn | 726.90 Mn | -15.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | -49.95 Mn |
| Feb 28, 2026 | -49.95 Mn |
| Nov 30, 2025 | -392.37 Mn |
| Nov 30, 2025 | -392.37 Mn |
| Aug 31, 2025 | 315.94 Mn |
| Aug 31, 2025 | 315.94 Mn |
| May 31, 2025 | 28.93 Mn |
| May 31, 2025 | 28.93 Mn |
| Feb 28, 2025 | -15.53 Mn |
| Feb 28, 2025 | -15.53 Mn |
| Nov 30, 2024 | -277.46 Mn |
| Nov 30, 2024 | -277.46 Mn |
| Aug 31, 2024 | 338.83 Mn |
| Aug 31, 2024 | 338.83 Mn |
| May 31, 2024 | -335.94 Mn |
| May 31, 2024 | -335.94 Mn |
| Feb 29, 2024 | -9.67 Mn |
| Feb 29, 2024 | -9.67 Mn |
| Nov 30, 2023 | 34.98 Mn |
| Nov 30, 2023 | 34.98 Mn |