What is CarMax's SG&A?

CarMax (KMX) reported SG&A of $635.18M in Q1 2026.

How has CarMax's SG&A changed year-over-year?

CarMax's SG&A decreased by 3.7% year-over-year, from $659.64M to $635.18M.

What is the long-term trend for CarMax's SG&A?

Over 4 years (2022 to 2026), CarMax's SG&A has grown at a 1.4% compound annual growth rate (CAGR), from $2.33B to $2.45B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

CarMax KMX SG&A

SG&A at other companies

AutoNationAN

$842.2M+2.5%

LAD

Lithia MotorsLAD

$1.04B+8.9%

Group 1 AutomotiveGPI

$600.6M-2.7%

Asbury Automotive GroupABG

$510.4M+11.8%

CarvanaCVNA

$690M+29.0%

Penske Automotive GroupPAG

$965.6M+1.5%

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

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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

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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:SellingGeneralAndAdministrativeExpense.

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 SG&A?: CarMax (KMX) reported SG&A of $635.18M in Q1 2026.
How has CarMax's SG&A changed year-over-year?: CarMax's SG&A decreased by 3.7% year-over-year, from $659.64M to $635.18M.
What is the long-term trend for CarMax's SG&A?: Over 4 years (2022 to 2026), CarMax's SG&A has grown at a 1.4% compound annual growth rate (CAGR), from $2.33B to $2.45B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.