Carmax (KMX) Operating Income (2009 - 2026)
Carmax (KMX) posted quarterly Operating Income of $219.2 million for Q2 2026, down 6.3% year-over-year from $234.0 million in Q2 2025, and up 3722.59% quarter-over-quarter from -$6.1 million in Q1 2026.
Carmax (KMX) Operating Income (2009 - 2026) Analysis & Trends
Carmax's Operating Income history runs 18 years deep, the most recent figure standing at $219.2 million for Q2 2026.
- In Q2 2026, Operating Income fell 6.3% year-over-year to $219.2 million; the TTM figure through May 2026 stood at $338.4 million (down 37.69% YoY), while the FY2026 annual figure was $353.2 million, down 23.64% from the prior year.
- Operating Income for Q2 2026 stood at $219.2 million, up from -$6.1 million in the prior quarter.
- The five-year high for Operating Income was $257.6 million in Q2 2023, with the low at -$15.0 million in Q4 2022.
- The 5-year median for Operating Income is $96.0 million (2022), against an average of $103.6 million.
- The sharpest annual moves came in 2025 and 2026: Operating Income jumped 981.66% in 2025, then plunged 110.54% in 2026.
- Carmax's Operating Income stood at -$15.0 million in 2022, then jumped by 451.76% to $52.9 million in 2023, then jumped by 92.59% to $101.9 million in 2024, then tumbled by 91.48% to $8.7 million in 2025, then jumped by 2425.79% to $219.2 million in 2026.
- Business Quant data shows KMX's Operating Income at $219.2 million in Q2 2026, -$6.1 million in Q1 2026, and $8.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 79.07 Bn | 79.06 Bn | - | - |
| 2 | Carvana | 51.70 Bn | 48.95 Bn | 1.38 Bn | 680.00 Mn |
| 3 | Penske Automotive | 14.30 Bn | 14.23 Bn | 1.36 Bn | 337.60 Mn |
| 4 | Lithia Motors | 8.60 Bn | 8.23 Bn | 1.50 Bn | 448.30 Mn |
| 5 | Carmax | 8.33 Bn | 7.73 Bn | 854.41 Mn | 219.24 Mn |
| 6 | Autonation | 7.00 Bn | 6.95 Bn | 1.23 Bn | 319.00 Mn |
| 7 | Rush Enterprises Inc \Tx\ | 6.32 Bn | 6.06 Bn | 361.67 Mn | 97.19 Mn |
| 8 | Autozi Internet Technology (Global) | 6.28 Bn | 6.10 Bn | - | - |
| 9 | Valvoline | 4.26 Bn | 4.17 Bn | 214.90 Mn | 112.20 Mn |
| 10 | Openlane | 4.24 Bn | 4.05 Bn | 248.20 Mn | 67.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 219.24 Mn |
| Feb 28, 2026 | -6.05 Mn |
| Nov 30, 2025 | 8.68 Mn |
| Aug 31, 2025 | 116.57 Mn |
| May 31, 2025 | 233.98 Mn |
| Feb 28, 2025 | 57.39 Mn |
| Nov 30, 2024 | 101.88 Mn |
| Aug 31, 2024 | 149.91 Mn |
| May 31, 2024 | 153.32 Mn |
| Feb 29, 2024 | 5.31 Mn |
| Nov 30, 2023 | 52.90 Mn |
| Aug 31, 2023 | 111.07 Mn |
| May 31, 2023 | 257.55 Mn |
| Feb 28, 2023 | 38.13 Mn |
| Nov 30, 2022 | -15.04 Mn |
| Aug 31, 2022 | 71.10 Mn |
| May 31, 2022 | 218.65 Mn |
| Feb 28, 2022 | 90.05 Mn |
| Nov 30, 2021 | 260.63 Mn |
| Aug 31, 2021 | 241.20 Mn |