Carmax (KMX) Tax Provisions (2009 - 2026)
Carmax (KMX) posted quarterly Tax Provisions of $72.9 million for Q2 2026, little changed year-over-year from $72.7 million in Q2 2025, and up 629.08% quarter-over-quarter from $10.0 million in Q1 2026.
Carmax (KMX) Tax Provisions (2009 - 2026) Analysis & Trends
Carmax's Tax Provisions history runs 18 years deep, the most recent figure standing at $72.9 million for Q2 2026.
- In Q2 2026, Tax Provisions changed 0.25% year-over-year to $72.9 million; the TTM figure through May 2026 stood at $136.3 million (down 27.24% YoY), while the FY2026 annual figure was $136.1 million, down 19.35% from the prior year.
- Tax Provisions for Q2 2026 stood at $72.9 million, up from $10.0 million in the prior quarter.
- The five-year high for Tax Provisions was $84.3 million in Q2 2022, with the low at $10.0 million in Q1 2026.
- The 5-year median for Tax Provisions is $40.3 million (2023), against an average of $40.8 million.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions tumbled 85.65% in 2022, then surged 130.04% in 2023.
- Carmax's Tax Provisions stood at $12.4 million in 2022, then soared by 130.04% to $28.6 million in 2023, then jumped by 43.69% to $41.0 million in 2024, then slumped by 47.18% to $21.7 million in 2025, then jumped by 236.52% to $72.9 million in 2026.
- Business Quant data shows KMX's Tax Provisions at $72.9 million in Q2 2026, $10.0 million in Q1 2026, and $21.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Uxin | 80.36 Bn | 80.36 Bn | - | - |
| 2 | Carvana | 51.87 Bn | 49.12 Bn | 1.38 Bn | 66.00 Mn |
| 3 | Penske Automotive | 14.29 Bn | 14.22 Bn | 1.36 Bn | 92.60 Mn |
| 4 | Lithia Motors | 8.58 Bn | 8.21 Bn | 1.50 Bn | 90.50 Mn |
| 5 | Carmax | 8.33 Bn | 7.74 Bn | 854.41 Mn | 72.93 Mn |
| 6 | Autonation | 7.01 Bn | 6.95 Bn | 1.23 Bn | 61.70 Mn |
| 7 | Autozi Internet Technology (Global) | 6.44 Bn | 6.25 Bn | - | - |
| 8 | Rush Enterprises Inc \Tx\ | 6.32 Bn | 6.05 Bn | 361.67 Mn | 19.26 Mn |
| 9 | Openlane | 4.29 Bn | 4.11 Bn | 248.20 Mn | 16.80 Mn |
| 10 | Valvoline | 4.26 Bn | 4.18 Bn | 214.90 Mn | 20.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 72.93 Mn |
| Feb 28, 2026 | 10.00 Mn |
| Nov 30, 2025 | 21.67 Mn |
| Aug 31, 2025 | 31.72 Mn |
| May 31, 2025 | 72.75 Mn |
| Feb 28, 2025 | 28.54 Mn |
| Nov 30, 2024 | 41.03 Mn |
| Aug 31, 2024 | 45.04 Mn |
| May 31, 2024 | 54.20 Mn |
| Feb 29, 2024 | 15.24 Mn |
| Nov 30, 2023 | 28.56 Mn |
| Aug 31, 2023 | 39.65 Mn |
| May 31, 2023 | 78.94 Mn |
| Feb 28, 2023 | 13.62 Mn |
| Nov 30, 2022 | 12.41 Mn |
| Aug 31, 2022 | 41.67 Mn |
| May 31, 2022 | 84.34 Mn |
| Feb 28, 2022 | 41.41 Mn |
| Nov 30, 2021 | 86.52 Mn |
| Aug 31, 2021 | 82.55 Mn |