Growth Metrics

Carmax (KMX) Operating Income (2016 - 2026)

Carmax has reported Operating Income over the past 18 years, most recently at -$6.1 million for Q1 2026.

  • For Q1 2026, Operating Income fell 110.54% year-over-year to -$6.1 million; the TTM value through Feb 2026 reached $353.2 million, down 23.64%, while the annual FY2026 figure was $34.9 million, 80.03% down from the prior year.
  • Operating Income for Q1 2026 was -$6.1 million at Carmax, down from $8.7 million in the prior quarter.
  • Over five years, Operating Income peaked at $257.6 million in Q2 2023 and troughed at -$15.0 million in Q4 2022.
  • A 5-year average of $96.8 million and a median of $90.1 million in 2022 define the central range for Operating Income.
  • Biggest five-year swings in Operating Income: surged 981.66% in 2025 and later plummeted 110.54% in 2026.
  • Year by year, Operating Income stood at -$15.0 million in 2022, then skyrocketed by 451.76% to $52.9 million in 2023, then skyrocketed by 92.59% to $101.9 million in 2024, then plummeted by 91.48% to $8.7 million in 2025, then crashed by 169.72% to -$6.1 million in 2026.
  • Business Quant data shows Operating Income for KMX at -$6.1 million in Q1 2026, $8.7 million in Q4 2025, and $116.6 million in Q3 2025.