Growth Metrics

Carmax (KMX) Operating Expenses (2016 - 2025)

Carmax (KMX) has 17 years of Operating Expenses data on record, last reported at $610.5 million in Q1 2025.

  • For Q1 2025, Operating Expenses rose 5.1% year-over-year to $610.5 million; the TTM value through Nov 2025 reached $610.5 million, down 65.45%, while the annual FY2025 figure was $2.7 billion, 6.89% up from the prior year.
  • Operating Expenses reached $610.5 million in Q1 2025 per KMX's latest filing, up from $575.8 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $666.0 million in Q3 2022 and bottomed at $506.8 million in Q1 2021.
  • Average Operating Expenses over 5 years is $587.7 million, with a median of $578.4 million recorded in 2021.
  • Peak YoY movement for Operating Expenses: soared 70.54% in 2021, then fell 14.76% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $575.9 million in 2021, then rose by 2.74% to $591.7 million in 2022, then decreased by 5.37% to $560.0 million in 2023, then increased by 2.82% to $575.8 million in 2024, then increased by 6.03% to $610.5 million in 2025.
  • Per Business Quant database, its latest 3 readings for Operating Expenses were $610.5 million in Q1 2025, $575.8 million in Q4 2024, and $610.6 million in Q3 2024.