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% on a QoQ basis from $10.0 million in Q1 2026.

Carmax (KMX) Tax Provisions (2009 - 2026) Analysis & Trends

Carmax (KMX) has reported Tax Provisions for 18 consecutive years, with $72.9 million the latest figure, recorded in 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 came in at $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.
  • Across the five-year window, Tax Provisions sank 85.65% in 2022 and soared 130.04% in 2023, its largest moves.
  • Year by year, Tax Provisions 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 plunged by 47.18% to $21.7 million in 2025, then surged by 236.52% to $72.9 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $72.9 million, $10.0 million, and $21.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Uxin 128.90 Bn 128.96 Bn - -
2 Carvana 48.46 Bn 46.86 Bn 1.27 Bn 36.00 Mn
3 Penske Automotive 11.65 Bn 11.59 Bn 1.30 Bn 88.80 Mn
4 Carmax 7.34 Bn 7.21 Bn 854.41 Mn 72.93 Mn
5 Lithia Motors 6.80 Bn 6.82 Bn 1.42 Bn 40.00 Mn
6 Autonation 6.40 Bn 6.33 Bn 1.21 Bn 70.30 Mn
7 Rush Enterprises Inc \Tx\ 5.57 Bn 5.35 Bn 343.80 Mn 13.71 Mn
8 Valvoline 4.88 Bn 4.79 Bn 187.00 Mn 14.20 Mn
9 Asbury Automotive 3.76 Bn 3.73 Bn 726.90 Mn 62.80 Mn
10 Group 1 Automotive 3.41 Bn 3.37 Bn 877.90 Mn 40.60 Mn

Historic Data

Download Data
DateValue
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