What is CarMax's accrued expenses?

CarMax (KMX) reported accrued expenses of $417.84M in Q1 2026.

How has CarMax's accrued expenses changed year-over-year?

CarMax's accrued expenses increased by 2.2% year-over-year, from $409M to $417.84M.

What is the long-term trend for CarMax's accrued expenses?

Over 5 years (2021 to 2026), CarMax's accrued expenses has grown at a 2.7% compound annual growth rate (CAGR), from $415.47M to $475.5M.

What does accrued expenses mean?

Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

CarMax KMX Accrued Expenses

Accrued Expenses at other companies

AutoNationAN

$1.02B-6.7%

LAD

Lithia MotorsLAD

$1.25B+2.4%

Group 1 AutomotiveGPI

$427.6M-1.1%

Penske Automotive GroupPAG

$1.05B+6.4%

Advance Auto PartsAAP

$423M+4.2%

Ally FinancialALLY

$488M+23.2%

Other financials

Income statement

See full

Revenue$8.0B+6.2%

Gross profit$854.4M-4.4%

Net income$185.6M-11.8%

EPS (diluted)$1.31-5.1%

Balance sheet

See full

Cash & equivalents$132.2M-49.7%

Total debt$2.8B+20.0%

Total assets$26.6B-2.8%

Cash flow

See full

Operating cash flow$17.6M-94.1%

CapEx$103.3M-24.4%

Free cash flow-$85.7M-153%

Valuation

See full

Market cap$7.61B-34.0%

Enterprise value$10.26B-22.9%

P/E13.8×-17.7×

P/S0.3×-0.1×

Profitability

See full

Gross margin10.5%-0.7pp

Net margin1.8%0.0pp

FCF margin7.5%—

Returns & leverage

See full

Current ratio2.7×+0.3×

Where this comes from

Reported directly by CarMax in its filing.

Tagged under the XBRL concept us-gaap:AccruedLiabilitiesCurrent.

The official record: CarMax’s 10-Q, filed June 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is CarMax's accrued expenses?: CarMax (KMX) reported accrued expenses of $417.84M in Q1 2026.
How has CarMax's accrued expenses changed year-over-year?: CarMax's accrued expenses increased by 2.2% year-over-year, from $409M to $417.84M.
What is the long-term trend for CarMax's accrued expenses?: Over 5 years (2021 to 2026), CarMax's accrued expenses has grown at a 2.7% compound annual growth rate (CAGR), from $415.47M to $475.5M.
What does accrued expenses mean?: Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.