Carmax (KMX) Operating Income (2009 - 2026)
Carmax's Operating Income was $170.89 million in fiscal Q2 2027 (quarter ended Aug 31, 2026), up 46.6% from $116.57 million a year earlier but down 22.1% from the prior quarter.
Carmax (KMX) Operating Income (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Carmax's Operating Income was $392.76 million through Aug 31, 2026, down 23.0% year-over-year; for FY2026 (ended Feb 28, 2026), it was $34.88 million, down 80.0% from FY2025.
- Operating Income shows a five-year compound annual growth rate of -40.8% (FY2021 to FY2026).
- In earlier fiscal years, Operating Income was $174.7 million in FY2025 (+5.6%), $165.43 million in FY2024 (+141.7%), $68.45 million in FY2023 (-90.8%) and $747.02 million in FY2022 (+55.8%).
- Quarterly Operating Income has moved between -$15.04 million (fiscal Q3 2023) and $260.63 million (fiscal Q3 2022) over five years.
- Compared with a year earlier, Operating Income was higher in four of the last seven quarters, with growth averaging 150.5%.
- The best year-over-year quarter for Operating Income over five years was fiscal Q4 2025 (growth of 981.7%); the worst was fiscal Q3 2026 (a decline of 91.5%).
- Per Business Quant data, KMX's Operating Income in the three fiscal quarters before Q2 2027 was $219.24 million (Q1 2027), -$6.05 million (Q4 2026) and $8.68 million (Q3 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Amazon Com | 2,819.43 Bn | 2,336.13 Bn | 104.83 Bn | 27.46 Bn |
| 2 | Home Depot | 312.33 Bn | 305.58 Bn | 16.12 Bn | 6.84 Bn |
| 3 | Tjx Companies | 163.56 Bn | 141.11 Bn | 5.07 Bn | 1.99 Bn |
| 4 | Lowes Companies | 111.49 Bn | 104.45 Bn | 8.58 Bn | 3.55 Bn |
| 5 | Ross Stores | 76.53 Bn | 59.46 Bn | 2.12 Bn | 1.10 Bn |
| 6 | O Reilly Automotive | 74.14 Bn | 73.22 Bn | 2.52 Bn | 985.75 Mn |
| 7 | Target | 70.78 Bn | 65.36 Bn | 8.94 Bn | 2.56 Bn |
| 8 | Autozone | 51.75 Bn | 50.65 Bn | 2.52 Bn | 923.76 Mn |
| 9 | Carvana | 42.25 Bn | 32.74 Bn | 1.38 Bn | 680.00 Mn |
| 10 | Carmax | 7.34 Bn | 6.71 Bn | 799.46 Mn | 170.89 Mn |
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 170.89 Mn |
| 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 |
Carmax Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=KMX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "KMX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=KMX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();