Carmax (KMX) Tax Provisions (2009 - 2026)

Carmax's Tax Provisions history runs 18 years deep, the most recent figure standing at $10.0 million for Q1 2026.

• In Q1 2026, Tax Provisions fell 64.95% year-over-year to $10.0 million; the TTM figure through Feb 2026 stood at $136.1 million (down 19.35% YoY), while the FY2026 annual figure was $136.1 million, down 19.35% from the prior year.
• Tax Provisions was $10.0 million for Q1 2026 at Carmax, down from $21.7 million in the prior quarter.
• In the past five years, Tax Provisions ranged from a high of $84.3 million in Q2 2022 to a low of $10.0 million in Q1 2026.
• Historically, Tax Provisions has averaged $38.9 million across 5 years, with a median of $39.7 million in 2023.
• The sharpest annual moves came in 2022 and 2023: Tax Provisions plunged 85.65% in 2022, then soared 130.04% in 2023.
• A 5-year view of Tax Provisions shows it stood at $12.4 million in 2022, then jumped by 130.04% to $28.6 million in 2023, then surged by 43.69% to $41.0 million in 2024, then tumbled by 47.18% to $21.7 million in 2025, then plunged by 53.84% to $10.0 million in 2026.
• The last three Tax Provisions figures came in at $10.0 million (Q1 2026), $21.7 million (Q4 2025), and $31.7 million (Q3 2025), per Business Quant data.