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Carmax (KMX) Operating Expenses (2016 - 2025)

Historic Operating Expenses for Carmax (KMX) over the last 17 years, with Q4 2025 value amounting to $581.4 million.

  • Carmax's Operating Expenses rose 97.33% to $581.4 million in Q4 2025 from the same period last year, while for Nov 2025 it was $2.5 billion, marking a year-over-year increase of 194.59%. This contributed to the annual value of $2.7 billion for FY2025, which is 688.55% up from last year.
  • Per Carmax's latest filing, its Operating Expenses stood at $581.4 million for Q4 2025, which was up 97.33% from $601.1 million recorded in Q3 2025.
  • Carmax's 5-year Operating Expenses high stood at $666.0 million for Q3 2022, and its period low was $506.8 million during Q1 2021.
  • In the last 5 years, Carmax's Operating Expenses had a median value of $583.5 million in 2023 and averaged $594.2 million.
  • In the last 5 years, Carmax's Operating Expenses surged by 7054.0% in 2021 and then plummeted by 1475.52% in 2023.
  • Quarter analysis of 5 years shows Carmax's Operating Expenses stood at $575.9 million in 2021, then grew by 2.74% to $591.7 million in 2022, then fell by 5.37% to $560.0 million in 2023, then grew by 2.82% to $575.8 million in 2024, then increased by 0.97% to $581.4 million in 2025.
  • Its last three reported values are $581.4 million in Q4 2025, $601.1 million for Q3 2025, and $659.6 million during Q2 2025.