Carmax (KMX) Tax Provisions (2009 - 2026)
Carmax (KMX) posted Tax Provisions of $72.9 million for Q2 2026, up 629.08% on a QoQ basis from $10.0 million in Q1 2026, and little changed year-over-year from $72.7 million in Q2 2025.
Analysis
Carmax (KMX) Tax Provisions (2009 - 2026) Analysis & Trends
Carmax has reported Tax Provisions for 18 years, with the latest figure at $72.9 million in Q2 2026.
- On a quarterly basis, Tax Provisions changed 0.25% year-over-year to $72.9 million in Q2 2026; TTM through May 2026 was $136.3 million, a 27.24% decrease from a year earlier, with the FY2026 full-year figure at $136.1 million, down 19.35% from the prior year.
- Tax Provisions was $72.9 million for Q2 2026 at Carmax, 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.
- Average Tax Provisions over 5 years is $40.8 million, with a median of $40.3 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions tumbled 85.65% in 2022, then jumped 130.04% in 2023.
- Over 5 years, Tax Provisions stood at $12.4 million in 2022, then surged by 130.04% to $28.6 million in 2023, then soared by 43.69% to $41.0 million in 2024, then slumped by 47.18% to $21.7 million in 2025, then soared by 236.52% to $72.9 million in 2026.
- The last three Tax Provisions figures came in at $72.9 million (Q2 2026), $10.0 million (Q1 2026), and $21.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Carvana | 71.60 Bn | 69.97 Bn | 1.38 Bn | 66.00 Mn |
| 2 | Penske Automotive | 13.96 Bn | 13.91 Bn | 1.36 Bn | 92.60 Mn |
| 3 | Carmax | 8.11 Bn | 7.52 Bn | 854.41 Mn | 72.93 Mn |
| 4 | Lithia Motors | 6.96 Bn | 6.62 Bn | 1.50 Bn | 90.50 Mn |
| 5 | Autonation | 5.57 Bn | 5.51 Bn | 1.23 Bn | 61.70 Mn |
| 6 | Sonic Automotive | 5.24 Bn | 5.22 Bn | 616.20 Mn | 22.90 Mn |
| 7 | Uxin | 5.15 Bn | 5.21 Bn | 10.88 Mn | - |
| 8 | Asbury Automotive | 3.29 Bn | 3.25 Bn | 753.10 Mn | 36.70 Mn |
| 9 | Group 1 Automotive | 2.94 Bn | 2.77 Bn | 860.60 Mn | 31.40 Mn |
| 10 | Marinemax | 1.16 Bn | 996.41 Mn | 218.08 Mn | 7.30 Mn |
Historic Data
Download Data
Historic 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 |