What is CarMax's net income?

CarMax (KMX) reported net income of $185.63M in Q1 2026.

How has CarMax's net income changed year-over-year?

CarMax's net income decreased by 11.8% year-over-year, from $210.38M to $185.63M.

What is the long-term trend for CarMax's net income?

Over 3 years (2022 to 2025), CarMax's net income has grown at a -24.2% compound annual growth rate (CAGR), from $1.15B to $500.56M.

What does net income mean?

Net income as the starting point for the indirect method operating cash flow reconciliation.

CarMax KMX Net Income

Net Income at other companies

AutoNationAN

$205.4M+17.0%

LAD

Lithia MotorsLAD

$102M-51.7%

Group 1 AutomotiveGPI

$130.2M+1.6%

Asbury Automotive GroupABG

$187.8M+42.2%

CarvanaCVNA

$405M+8.6%

Credit AcceptanceCACC

$135.8M+27.8%

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:NetIncomeLoss.

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

Ask your AI about CarMax's net income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is CarMax's net income?: CarMax (KMX) reported net income of $185.63M in Q1 2026.
How has CarMax's net income changed year-over-year?: CarMax's net income decreased by 11.8% year-over-year, from $210.38M to $185.63M.
What is the long-term trend for CarMax's net income?: Over 3 years (2022 to 2025), CarMax's net income has grown at a -24.2% compound annual growth rate (CAGR), from $1.15B to $500.56M.
What does net income mean?: Net income as the starting point for the indirect method operating cash flow reconciliation.