Carmax (KMX) Operating Leases (2019 - 2026)

Carmax's Operating Leases history runs 8 years deep, the most recent figure standing at $464.7 million for Q1 2026.

• In Q1 2026, Operating Leases fell 3.58% year-over-year to $464.7 million; the TTM figure through Feb 2026 stood at $464.7 million (down 3.58% YoY), while the FY2026 annual figure was $464.7 million, down 3.58% from the prior year.
• Operating Leases was $464.7 million for Q1 2026 at Carmax, roughly flat from $462.4 million in the prior quarter.
• In the past five years, Operating Leases ranged from a high of $565.6 million in Q4 2023 to a low of $462.4 million in Q4 2025.
• Historically, Operating Leases has averaged $514.8 million across 5 years, with a median of $519.8 million in 2022.
• The sharpest annual moves came in 2022 and 2025: Operating Leases gained 23.52% in 2022, then declined 14.64% in 2025.
• A 5-year view of Operating Leases shows it stood at $509.1 million in 2022, then gained by 11.09% to $565.6 million in 2023, then retreated by 4.22% to $541.7 million in 2024, then slipped by 14.64% to $462.4 million in 2025, then climbed by 0.5% to $464.7 million in 2026.
• The last three Operating Leases figures came in at $464.7 million (Q1 2026), $462.4 million (Q4 2025), and $521.8 million (Q3 2025), per Business Quant data.