Carmax (KMX) Operating Expenses (2009 - 2026)

Carmax (KMX) has reported Operating Expenses for 18 consecutive years, with $635.2 million the latest figure, recorded in Q2 2026.

• In Q2 2026, Operating Expenses fell 3.71% year-over-year to $635.2 million; the TTM figure through May 2026 stood at $2.4 billion (down 1.12% YoY), while the FY2026 annual figure was $2.8 billion, up 1.78% from the prior year.
• Operating Expenses came in at $635.2 million for Q2 2026 at Carmax, up from $611.3 million in the prior quarter.
• The five-year high for Operating Expenses was $666.0 million in Q3 2022, with the low at $559.8 million in Q2 2023.
• Average Operating Expenses over 5 years is $606.6 million, with a median of $605.8 million recorded in 2025.
• Across the five-year window, Operating Expenses grew 22.51% in 2022 and slipped 14.76% in 2023, its largest moves.
• Year by year, Operating Expenses stood at $591.7 million in 2022, then declined by 5.37% to $560.0 million in 2023, then increased by 2.82% to $575.8 million in 2024, then gained by 0.97% to $581.4 million in 2025, then advanced by 9.26% to $635.2 million in 2026.
• According to Business Quant data, Operating Expenses over the past three periods registered $635.2 million, $611.3 million, and $581.4 million for Q2 2026, Q1 2026, and Q4 2025 respectively.