Carmax (KMX) Operating Income (2009 - 2026)

Carmax's Operating Income history runs 18 years deep, the most recent figure standing at -$6.1 million for Q1 2026.

• In Q1 2026, Operating Income fell 110.54% year-over-year to -$6.1 million; the TTM figure through Feb 2026 stood at $353.2 million (down 23.64% YoY), while the FY2026 annual figure was $34.9 million, down 80.03% from the prior year.
• Operating Income was -$6.1 million for Q1 2026 at Carmax, down from $8.7 million in the prior quarter.
• In the past five years, Operating Income ranged from a high of $257.6 million in Q2 2023 to a low of -$15.0 million in Q4 2022.
• Historically, Operating Income has averaged $96.8 million across 5 years, with a median of $90.1 million in 2022.
• The sharpest annual moves came in 2025 and 2026: Operating Income surged 981.66% in 2025, then sank 110.54% in 2026.
• A 5-year view of Operating Income shows it stood at -$15.0 million in 2022, then surged by 451.76% to $52.9 million in 2023, then surged by 92.59% to $101.9 million in 2024, then plunged by 91.48% to $8.7 million in 2025, then sank by 169.72% to -$6.1 million in 2026.
• The last three Operating Income figures came in at -$6.1 million (Q1 2026), $8.7 million (Q4 2025), and $116.6 million (Q3 2025), per Business Quant data.