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Carmax (KMX) Operating Expenses (2016 - 2026)

Carmax has reported Operating Expenses over the past 18 years, most recently at $611.3 million for Q1 2026.

  • For Q1 2026, Operating Expenses changed 0.13% year-over-year to $611.3 million; the TTM value through Feb 2026 reached $2.5 billion, up 0.74%, while the annual FY2026 figure was $2.8 billion, 1.78% up from the prior year.
  • Operating Expenses for Q1 2026 was $611.3 million at Carmax, up from $581.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $666.0 million in Q3 2022 and troughed at $559.8 million in Q2 2023.
  • A 5-year average of $604.9 million and a median of $601.1 million in 2025 define the central range for Operating Expenses.
  • Biggest five-year swings in Operating Expenses: grew 22.51% in 2022 and later fell 14.76% in 2023.
  • Year by year, Operating Expenses stood at $591.7 million in 2022, then dropped by 5.37% to $560.0 million in 2023, then grew by 2.82% to $575.8 million in 2024, then rose by 0.97% to $581.4 million in 2025, then grew by 5.15% to $611.3 million in 2026.
  • Business Quant data shows Operating Expenses for KMX at $611.3 million in Q1 2026, $581.4 million in Q4 2025, and $601.1 million in Q3 2025.