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CarMax KMX Interest Expense

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Other financials

Income statement

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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

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Cash & equivalents$132.2M-49.7%
Total debt$2.8B+20.0%
Total assets$26.6B-2.8%

Cash flow

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Operating cash flow$17.6M-94.1%
CapEx$103.3M-24.4%
Free cash flow-$85.7M-153%

Valuation

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Market cap$8.24B-2.3%
Enterprise value$10.89B+3.8%
P/E14.9×-19.2×
P/S0.3×0.0×

Profitability

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Gross margin10.5%-0.7pp
Net margin1.8%0.0pp
FCF margin7.5%

Returns & leverage

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Current ratio2.7×+0.3×

Where this comes from

Reported directly by CarMax in its filing.

Tagged under the XBRL concept us-gaap:InterestExpense.

The source filing: CarMax’s 10-Q, filed June 24, 2026.

Filed
Jun 24, 2026, 11:08 AM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001170010-26-000055
Line itemThree Months Ended May 31Three Months Ended May 31Three Months Ended May 31Three Months Ended May 31Three Months Ended May 31Three Months Ended May 31
CARMAX AUTO FINANCE INCOME140,2411.8141,6501.9
Selling, general and administrative expenses635,1757.9659,6438.7
Depreciation and amortization69,2130.965,7390.9
Interest expense33,8110.427,0700.4
Other income(2,101)(309)
Earnings before income taxes258,5573.2283,1303.8
Income tax provision72,9300.972,7491.0
NET EARNINGS$$185,6272.3$$210,3812.8

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is CarMax's interest expense?
CarMax (KMX) reported interest expense of $33.81M in Q1 2026.
How has CarMax's interest expense changed year-over-year?
CarMax's interest expense increased by 24.9% year-over-year, from $27.07M to $33.81M.
What is the long-term trend for CarMax's interest expense?
Over 4 years (2022 to 2026), CarMax's interest expense has grown at a 4.1% compound annual growth rate (CAGR), from $94.1M to $110.39M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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