# Carmax Inc: overview

KMX · NYSE · CIK 1170010 · [Consumer discretionary](/sectors/consumer-discretionary.md) · fiscal year ends Feb 28

Pages: [Overview](/companies/kmx.md) · [Financials](/companies/kmx/financials.md) · [Filings](/companies/kmx/filings.md) · [Insiders](/companies/kmx/insiders.md)

Latest reported revenue: [$7.88bn](/filings/0001170010-26-000104.md) for Q2 FY2027, three months to 2026-08-31, from the 10-Q filed Sep 30, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001170010-26-000104).

## Last eight quarters

| Line item | Unit | Q3 FY2025 (2024-11-30) | Q4 FY2025 (2025-02-28) | Q1 FY2026 (2025-05-31) | Q2 FY2026 (2025-08-31) | Q3 FY2026 (2025-11-30) | Q4 FY2026 (2026-02-28) | Q1 FY2027 (2026-05-31) | Q2 FY2027 (2026-08-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [6,223](/filings/0001170010-25-000131.md) | [6,003 d](/filings/0001170010-26-000021.md) | [7,547](/filings/0001170010-26-000055.md) | [6,595](/filings/0001170010-26-000104.md) | [5,794](/filings/0001170010-25-000131.md) | [5,946 d](/filings/0001170010-26-000021.md) | [8,014](/filings/0001170010-26-000055.md) | [7,878](/filings/0001170010-26-000104.md) |
| Gross margin | % | [10.9%](/filings/0001170010-25-000131.md) | [11.1% d](/filings/0001170010-26-000021.md) | [11.8%](/filings/0001170010-26-000055.md) | [10.9%](/filings/0001170010-26-000104.md) | [10.2%](/filings/0001170010-25-000131.md) | [10.2% d](/filings/0001170010-26-000021.md) | [10.7%](/filings/0001170010-26-000055.md) | [10.1%](/filings/0001170010-26-000104.md) |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [2.0%](/filings/0001170010-25-000131.md) | [1.5% d](/filings/0001170010-26-000021.md) | [2.8%](/filings/0001170010-26-000104.md) | [1.4%](/filings/0001170010-26-000104.md) | [1.1%](/filings/0001170010-25-000131.md) | [(2.0%) d](/filings/0001170010-26-000021.md) | [2.3%](/filings/0001170010-26-000104.md) | [2.1%](/filings/0001170010-26-000104.md) |
| Diluted EPS | $ per share | [0.81](/filings/0001170010-25-000131.md) | not reported | [1.38](/filings/0001170010-26-000055.md) | [0.64](/filings/0001170010-26-000104.md) | [0.43](/filings/0001170010-25-000131.md) | not reported | [1.31](/filings/0001170010-26-000055.md) | [1.16](/filings/0001170010-26-000104.md) |
| Free cash flow | $m | [(151) d](/filings/0001170010-25-000131.md) | [18.8 d](/filings/0001170010-26-000021.md) | [163](/filings/0001170010-26-000055.md) | [654 d](/filings/0001170010-26-000104.md) | [1,113 d](/filings/0001170010-25-000131.md) | [(687) d](/filings/0001170010-26-000021.md) | [(85.7)](/filings/0001170010-26-000055.md) | [806 d](/filings/0001170010-26-000104.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2022 (2022-02-28) | FY2023 (2023-02-28) | FY2024 (2024-02-29) | FY2025 (2025-02-28) | FY2026 (2026-02-28) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [31.9](/filings/0001170010-24-000034.md) | [29.7](/filings/0001170010-25-000024.md) | [26.5](/filings/0001170010-26-000021.md) | [26.4](/filings/0001170010-26-000021.md) | [25.9](/filings/0001170010-26-000021.md) |
| Gross margin | % | [10.3%](/filings/0001170010-24-000034.md) | [9.4%](/filings/0001170010-25-000024.md) | [10.2%](/filings/0001170010-26-000021.md) | [11.0%](/filings/0001170010-26-000021.md) | [10.8%](/filings/0001170010-26-000021.md) |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [3.6%](/filings/0001170010-24-000034.md) | [1.6%](/filings/0001170010-25-000024.md) | [1.8%](/filings/0001170010-26-000021.md) | [1.9%](/filings/0001170010-26-000021.md) | [1.0%](/filings/0001170010-26-000021.md) |
| Diluted EPS | $ per share | [6.97](/filings/0001170010-24-000034.md) | [3.03](/filings/0001170010-25-000024.md) | [3.02](/filings/0001170010-26-000021.md) | [3.21](/filings/0001170010-26-000021.md) | [1.68](/filings/0001170010-26-000021.md) |
| Free cash flow | $bn | [(2.9)](/filings/0001170010-24-000034.md) | [0.9](/filings/0001170010-25-000024.md) | [(0.0)](/filings/0001170010-26-000021.md) | [0.2](/filings/0001170010-26-000021.md) | [1.2](/filings/0001170010-26-000021.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/kmx/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $904.0m | 17,092,089 |  | Reduced −165,372 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $385.4m | 7,286,475 |  | Added +10,203 |
| [AQR CAPITAL MANAGEMENT LLC](/funds/1167557.md) | 2026-06-30 | $349.0m | 6,622,794 |  | Reduced −3,437,708 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $339.6m | 6,420,191 |  | Added +33,427 |
| [SRS Investment Management, LLC](/funds/1503174.md) | 2026-06-30 | $313.3m | 5,922,862 |  | Added +271,188 |
| [TWO SIGMA INVESTMENTS, LP](/funds/1179392.md) | 2026-06-30 | $308.5m | 5,831,970 |  | Added +484,873 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $272.7m | 5,156,276 |  | Added +271,216 |
| [DIMENSIONAL FUND ADVISORS LP](/funds/354204.md) | 2026-06-30 | $263.1m | 4,974,772 |  | Added +699,109 |
| [Jupiter Topco LLC](/funds/2146052.md) | 2026-06-30 | $245.7m | 4,645,036 |  | Not compared |
| [PRIMECAP MANAGEMENT CO/CA/](/funds/763212.md) | 2026-06-30 | $230.5m | 4,359,016 |  | Added +870 |

## Recent filings

[All 1,401 filings](/companies/kmx/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-19 | 20:14 ET | [8-K](/filings/0001170010-26-000109.md) | 5.02 Departure or appointment of officers or directors | 0001170010-26-000109 |
| 2026-09-30 | 14:16 ET | [10-Q](/filings/0001170010-26-000104.md) | Quarterly report, period 2026-08-31 | 0001170010-26-000104 |
| 2026-09-29 | 11:00 ET | [8-K](/filings/0001170010-26-000102.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001170010-26-000102 |
| 2026-07-31 | 20:14 ET | [8-K](/filings/0001170010-26-000098.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001170010-26-000098 |
| 2026-06-24 | 20:38 ET | [8-K](/filings/0001170010-26-000057.md) | 5.02 Departure or appointment of officers or directors; 5.07 Shareholder vote results; 9.01 Financial statements and exhibits | 0001170010-26-000057 |
| 2026-06-24 | 15:08 ET | [10-Q](/filings/0001170010-26-000055.md) | Quarterly report, period 2026-05-31 | 0001170010-26-000055 |
| 2026-06-17 | 10:54 ET | [8-K](/filings/0001170010-26-000053.md) | 2.02 Results of operations; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001170010-26-000053 |
| 2026-06-08 | 20:13 ET | [8-K](/filings/0001170010-26-000051.md) | 5.02 Departure or appointment of officers or directors | 0001170010-26-000051 |
| 2026-05-12 | 20:47 ET | [8-K](/filings/0001170010-26-000048.md) | 5.02 Departure or appointment of officers or directors; 9.01 Financial statements and exhibits | 0001170010-26-000048 |
| 2026-05-12 | 20:35 ET | [DEF 14A](/filings/0001170010-26-000045.md) | Proxy statement, period 2026-02-28 | 0001170010-26-000045 |

## Latest annual report

[Form 10-K for the fiscal year ended Feb 28, 2026](/filings/0001170010-26-000021.md), filed Apr 15, 2026.

## Forecast league

Not in this season’s league. [This season’s league](/leagues.md)

## About the filer

- CIK: 1170010
- Tickers: KMX
- Exchange: NYSE
- SIC code: 5500 Retail-Auto Dealers & Gasoline Stations
- State of incorporation: VA
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:35 ET. No prices; not investment advice.