Used Vehicle Sales was Carmax’s largest revenue line in fiscal 2026, bringing in $20.70B of $25.88B (80%).
| Concentration Risk Benchmark | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Used Vehicle Sales | $23.03B | $20.92B | $21.08B | $20.70B | |||||||
| Used Vehicles | — | — | — | — | |||||||
| Wholesale Vehicle Sales | $5.99B | $4.98B | $4.59B | $4.50B | |||||||
| Wholesale Vehicles | — | — | — | — | |||||||
| Other Sales & Revenues | $660.79M | $637.96M | $686.31M | $674.21M | |||||||
| Other | — | — | — | — | |||||||
| Total | $29.68B | $26.54B | $26.35B | $25.88B |
Carmax brought in $25.88B from its three revenue lines in fiscal 2026, the year ended February 28, 2026. That was down 1.8% from $26.35B in fiscal 2025. Used Vehicle Sales was the largest at $20.70B (80.0%), ahead of Wholesale Vehicle Sales at $4.50B (17.4%) and Other Sales & Revenues at $674.21M (2.6%).
Compared with fiscal 2025, every revenue line above 2% of revenue shrank. Other Sales & Revenues held up best, down 1.8% to $674.21M, and Wholesale Vehicle Sales fell the most, down 1.8% to $4.50B. From fiscal 2023 to 2026, combined revenue from these revenue lines fell from $29.68B to $25.88B, a compound annual decline of 4.5%. Used Vehicle Sales' share of the total rose from 77.6% to 80.0%.
Used Vehicle Sales was Carmax’s largest revenue line in fiscal 2013, bringing in $8.75B of $10.96B (80%).
| Statement, Scenario | FY 2011 | FY 2012 | FY 2013 |
|---|---|---|---|
| Used Vehicle Sales | $7.21B | $7.83B | $8.75B |
| Wholesale Vehicle Sales | $1.30B | $1.72B | $1.76B |
| Other Sales & Revenues | $265.30M | $254.46M | $248.57M |
| New Vehicle Sales | $198.53M | $200.58M | $207.73M |
| Total | $8.98B | $10.00B | $10.96B |
Carmax brought in $10.96B from its four revenue lines in fiscal 2013, the year ended February 28, 2013. That was up 9.6% from $10.00B in fiscal 2012. Used Vehicle Sales was the largest at $8.75B (79.8%), ahead of Wholesale Vehicle Sales at $1.76B (16.1%) and Other Sales & Revenues at $248.57M (2.3%). The remaining revenue line, New Vehicle Sales, brought in $207.73M.
Compared with fiscal 2012, Used Vehicle Sales grew fastest, up 11.8% to $8.75B, while Other Sales & Revenues fell the most, down 2.3% to $248.57M. From fiscal 2011 to 2013, combined revenue from these revenue lines grew from $8.98B to $10.96B, a compound annual growth rate of 10.5%. Used Vehicle Sales' share of the total fell from 80.3% to 79.8%.
Carmax (KMX) reports its revenue by concentration risk benchmark and by statement, scenario. In fiscal 2026, Used Vehicle Sales was its largest revenue line, bringing in $20.70B (80.0% of the total), followed by Wholesale Vehicle Sales at $4.50B (17.4%).
Used Vehicle Sales was Carmax's largest revenue line in fiscal 2026, bringing in $20.70B, or 80.0% of the $25.88B total across its three revenue lines.
Among Carmax's revenue lines that make up at least 2% of revenue, Used Vehicle Sales grew fastest in fiscal 2013, up 11.8% from $7.83B to $8.75B.
Every figure comes from Carmax's annual financial filings, as reported. Each line keeps the name Carmax gives it, and years follow its fiscal calendar.
Carmax's revenue by concentration risk benchmark goes back to fiscal 2016, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.