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| 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 |