# Carmax Inc: financial statements, quarterly

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)

Standardized line items from XBRL company facts. Each value links to its filing; d marks a value derived from year-to-date figures. Other view: [annual](/companies/kmx/financials.md?period=annual).

## Income statement

| Line item | Unit | Q3 FY2024 (2023-11-30) | Q4 FY2024 (2024-02-29) | Q1 FY2025 (2024-05-31) | Q2 FY2025 (2024-08-31) | 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 | [6,149](/filings/0001170010-25-000004.md) | [5,627 d](/filings/0001170010-26-000021.md) | [7,113](/filings/0001170010-25-000083.md) | [7,014](/filings/0001170010-25-000118.md) | [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) |
| Cost of revenue | $m | [5,536](/filings/0001170010-25-000004.md) | [5,040 d](/filings/0001170010-26-000021.md) | [6,322](/filings/0001170010-25-000083.md) | [6,253](/filings/0001170010-25-000118.md) | [5,546](/filings/0001170010-25-000131.md) | [5,335 d](/filings/0001170010-26-000021.md) | [6,653](/filings/0001170010-26-000055.md) | [5,877](/filings/0001170010-26-000104.md) | [5,204](/filings/0001170010-25-000131.md) | [5,341 d](/filings/0001170010-26-000021.md) | [7,159](/filings/0001170010-26-000055.md) | [7,078](/filings/0001170010-26-000104.md) |
| Gross profit | $m | [613](/filings/0001170010-25-000004.md) | [586 d](/filings/0001170010-26-000021.md) | [792](/filings/0001170010-25-000083.md) | [760](/filings/0001170010-25-000118.md) | [678](/filings/0001170010-25-000131.md) | [668 d](/filings/0001170010-26-000021.md) | [894](/filings/0001170010-26-000055.md) | [718](/filings/0001170010-26-000104.md) | [590](/filings/0001170010-25-000131.md) | [605 d](/filings/0001170010-26-000021.md) | [854](/filings/0001170010-26-000055.md) | [799](/filings/0001170010-26-000104.md) |
| Selling, general and administrative | $m | [560](/filings/0001170010-25-000004.md) | [581 d](/filings/0001170010-26-000021.md) | [639](/filings/0001170010-25-000083.md) | [611](/filings/0001170010-25-000118.md) | [576](/filings/0001170010-25-000131.md) | [611 d](/filings/0001170010-26-000021.md) | [660](/filings/0001170010-26-000055.md) | [601](/filings/0001170010-26-000104.md) | [581](/filings/0001170010-25-000131.md) | [611 d](/filings/0001170010-26-000021.md) | [635](/filings/0001170010-26-000055.md) | [629](/filings/0001170010-26-000104.md) |
| Interest expense | $m | [31.3](/filings/0001170010-25-000004.md) | [31.4 d](/filings/0001170010-26-000021.md) | [31.4](/filings/0001170010-25-000083.md) | [27.0](/filings/0001170010-25-000118.md) | [25.4](/filings/0001170010-25-000131.md) | [24.1 d](/filings/0001170010-26-000021.md) | [27.1](/filings/0001170010-26-000055.md) | [28.5](/filings/0001170010-26-000104.md) | [26.1](/filings/0001170010-25-000131.md) | [28.8 d](/filings/0001170010-26-000021.md) | [33.8](/filings/0001170010-26-000055.md) | [31.8](/filings/0001170010-26-000104.md) |
| Income tax | $m | [28.6](/filings/0001170010-25-000004.md) | [15.2 d](/filings/0001170010-26-000021.md) | [54.2](/filings/0001170010-25-000083.md) | [45.0](/filings/0001170010-25-000118.md) | [41.0](/filings/0001170010-25-000131.md) | [28.5 d](/filings/0001170010-26-000021.md) | [72.7](/filings/0001170010-26-000055.md) | [31.7](/filings/0001170010-26-000104.md) | [21.7](/filings/0001170010-25-000131.md) | [10.0 d](/filings/0001170010-26-000021.md) | [72.9](/filings/0001170010-26-000055.md) | [57.8](/filings/0001170010-26-000104.md) |
| Net income | $m | [82.0](/filings/0001170010-25-000004.md) | [50.3 d](/filings/0001170010-26-000021.md) | [152](/filings/0001170010-25-000131.md) | [133](/filings/0001170010-25-000131.md) | [125](/filings/0001170010-25-000131.md) | [89.9 d](/filings/0001170010-26-000021.md) | [210](/filings/0001170010-26-000104.md) | [95.4](/filings/0001170010-26-000104.md) | [62.2](/filings/0001170010-25-000131.md) | [(121) d](/filings/0001170010-26-000021.md) | [186](/filings/0001170010-26-000104.md) | [165](/filings/0001170010-26-000104.md) |
| Diluted EPS | $ per share | [0.52](/filings/0001170010-25-000004.md) | not reported | [0.97](/filings/0001170010-25-000083.md) | [0.85](/filings/0001170010-25-000118.md) | [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) |
| Basic EPS | $ per share | [0.52](/filings/0001170010-25-000004.md) | not reported | [0.97](/filings/0001170010-25-000083.md) | [0.85](/filings/0001170010-25-000118.md) | [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) |

- Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
- Cost of revenue: us-gaap:CostOfRevenue
- Gross profit: us-gaap:GrossProfit
- Selling, general and administrative: us-gaap:SellingGeneralAndAdministrativeExpense
- Interest expense: us-gaap:InterestExpense
- Income tax: us-gaap:IncomeTaxExpenseBenefit
- Net income: us-gaap:NetIncomeLoss
- Diluted EPS: us-gaap:EarningsPerShareDiluted
- Basic EPS: us-gaap:EarningsPerShareBasic

## Balance sheet

| Line item | Unit | Q3 FY2024 (2023-11-30) | FY2024 (2024-02-29) | Q1 FY2025 (2024-05-31) | Q2 FY2025 (2024-08-31) | Q3 FY2025 (2024-11-30) | FY2025 (2025-02-28) | Q1 FY2026 (2025-05-31) | Q2 FY2026 (2025-08-31) | Q3 FY2026 (2025-11-30) | FY2026 (2026-02-28) | Q1 FY2027 (2026-05-31) | Q2 FY2027 (2026-08-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash and equivalents | $bn | [0.6](/filings/0001170010-25-000004.md) | [0.6](/filings/0001170010-26-000021.md) | [0.2](/filings/0001170010-25-000083.md) | [0.5](/filings/0001170010-25-000118.md) | [0.3](/filings/0001170010-25-000131.md) | [0.2](/filings/0001170010-26-000021.md) | [0.3](/filings/0001170010-26-000055.md) | [0.5](/filings/0001170010-26-000104.md) | [0.2](/filings/0001170010-25-000131.md) | [0.1](/filings/0001170010-26-000104.md) | [0.1](/filings/0001170010-26-000055.md) | [0.2](/filings/0001170010-26-000104.md) |
| Current assets | $bn | [5.1](/filings/0001170010-24-000002.md) | [5.2](/filings/0001170010-25-000024.md) | [5.0](/filings/0001170010-24-000087.md) | [4.9](/filings/0001170010-24-000130.md) | [4.8](/filings/0001170010-25-000004.md) | [5.1](/filings/0001170010-26-000021.md) | [5.5](/filings/0001170010-25-000083.md) | [5.5](/filings/0001170010-25-000118.md) | [4.2](/filings/0001170010-25-000131.md) | [5.3](/filings/0001170010-26-000104.md) | [5.8](/filings/0001170010-26-000055.md) | [5.1](/filings/0001170010-26-000104.md) |
| Total assets | $bn | [27.2](/filings/0001170010-24-000002.md) | [27.2](/filings/0001170010-25-000024.md) | [27.2](/filings/0001170010-24-000087.md) | [27.3](/filings/0001170010-24-000130.md) | [27.3](/filings/0001170010-25-000004.md) | [27.4](/filings/0001170010-26-000021.md) | [27.4](/filings/0001170010-25-000083.md) | [27.1](/filings/0001170010-25-000118.md) | [25.6](/filings/0001170010-25-000131.md) | [26.4](/filings/0001170010-26-000104.md) | [26.6](/filings/0001170010-26-000055.md) | [26.1](/filings/0001170010-26-000104.md) |
| Current liabilities | $bn | [2.1](/filings/0001170010-24-000002.md) | [2.3](/filings/0001170010-25-000024.md) | [2.0](/filings/0001170010-24-000087.md) | [2.2](/filings/0001170010-24-000130.md) | [2.1](/filings/0001170010-25-000004.md) | [2.2](/filings/0001170010-26-000021.md) | [2.3](/filings/0001170010-25-000083.md) | [2.3](/filings/0001170010-25-000118.md) | [2.1](/filings/0001170010-25-000131.md) | [2.4](/filings/0001170010-26-000104.md) | [2.2](/filings/0001170010-26-000055.md) | [2.2](/filings/0001170010-26-000104.md) |
| Total liabilities | $bn | [21.1](/filings/0001170010-24-000002.md) | [21.1](/filings/0001170010-25-000024.md) | [21.1](/filings/0001170010-24-000087.md) | [21.1](/filings/0001170010-24-000130.md) | [21.1](/filings/0001170010-25-000004.md) | [21.2](/filings/0001170010-26-000021.md) | [21.1](/filings/0001170010-25-000083.md) | [20.9](/filings/0001170010-25-000118.md) | [19.5](/filings/0001170010-25-000131.md) | [20.5](/filings/0001170010-26-000104.md) | [20.5](/filings/0001170010-26-000055.md) | [19.8](/filings/0001170010-26-000104.md) |
| Long-term debt | $bn | [18.2](/filings/0001170010-24-000002.md) | [18.0](/filings/0001170010-25-000024.md) | [18.2](/filings/0001170010-24-000087.md) | [18.1](/filings/0001170010-24-000130.md) | [18.1](/filings/0001170010-25-000004.md) | [18.1](/filings/0001170010-26-000021.md) | [18.0](/filings/0001170010-25-000083.md) | [17.8](/filings/0001170010-25-000118.md) | [16.6](/filings/0001170010-25-000131.md) | [17.3](/filings/0001170010-26-000104.md) | [17.6](/filings/0001170010-26-000055.md) | [16.8](/filings/0001170010-26-000104.md) |
| Current portion of debt | $bn | [0.3](/filings/0001170010-24-000002.md) | [0.3](/filings/0001170010-25-000024.md) | [0.0](/filings/0001170010-24-000087.md) | [0.0](/filings/0001170010-24-000130.md) | [0.0](/filings/0001170010-25-000004.md) | [0.0](/filings/0001170010-26-000021.md) | [0.2](/filings/0001170010-25-000083.md) | [0.2](/filings/0001170010-25-000118.md) | [0.2](/filings/0001170010-25-000131.md) | [0.2](/filings/0001170010-26-000104.md) | [0.0](/filings/0001170010-26-000055.md) | [0.0](/filings/0001170010-26-000104.md) |
| Shareholders' equity | $bn | [6.0](/filings/0001170010-25-000004.md) | [6.1](/filings/0001170010-26-000021.md) | [6.2](/filings/0001170010-25-000131.md) | [6.2](/filings/0001170010-25-000131.md) | [6.2](/filings/0001170010-25-000131.md) | [6.2](/filings/0001170010-26-000104.md) | [6.3](/filings/0001170010-26-000104.md) | [6.2](/filings/0001170010-26-000104.md) | [6.1](/filings/0001170010-25-000131.md) | [5.9](/filings/0001170010-26-000104.md) | [6.1](/filings/0001170010-26-000104.md) | [6.3](/filings/0001170010-26-000104.md) |

- Cash and equivalents: us-gaap:CashAndCashEquivalentsAtCarryingValue
- Current assets: us-gaap:AssetsCurrent
- Total assets: us-gaap:Assets
- Current liabilities: us-gaap:LiabilitiesCurrent
- Total liabilities: us-gaap:Liabilities
- Long-term debt: us-gaap:LongTermDebt
- Current portion of debt: us-gaap:LongTermDebtCurrent
- Shareholders' equity: us-gaap:StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest

## Cash flow

| Line item | Unit | Q3 FY2024 (2023-11-30) | Q4 FY2024 (2024-02-29) | Q1 FY2025 (2024-05-31) | Q2 FY2025 (2024-08-31) | 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) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Operating cash flow | $m | [210 d](/filings/0001170010-25-000004.md) | [310 d](/filings/0001170010-26-000021.md) | [(118)](/filings/0001170010-25-000083.md) | [619 d](/filings/0001170010-25-000118.md) | [(23.4) d](/filings/0001170010-25-000131.md) | [146 d](/filings/0001170010-26-000021.md) | [300](/filings/0001170010-26-000055.md) | [785 d](/filings/0001170010-26-000104.md) | [1,253 d](/filings/0001170010-25-000131.md) | [(554) d](/filings/0001170010-26-000021.md) | [17.6](/filings/0001170010-26-000055.md) | [883 d](/filings/0001170010-26-000104.md) |
| Capital expenditure | $m | [145 d](/filings/0001170010-25-000004.md) | [110 d](/filings/0001170010-26-000021.md) | [104](/filings/0001170010-25-000083.md) | [109 d](/filings/0001170010-25-000118.md) | [127 d](/filings/0001170010-25-000131.md) | [128 d](/filings/0001170010-26-000021.md) | [137](/filings/0001170010-26-000055.md) | [131 d](/filings/0001170010-26-000104.md) | [140 d](/filings/0001170010-25-000131.md) | [133 d](/filings/0001170010-26-000021.md) | [103](/filings/0001170010-26-000055.md) | [77.1 d](/filings/0001170010-26-000104.md) |
| Share repurchases | $m | [40.1 d](/filings/0001170010-25-000004.md) | [49.8 d](/filings/0001170010-26-000021.md) | [107](/filings/0001170010-25-000083.md) | [106 d](/filings/0001170010-25-000118.md) | [116 d](/filings/0001170010-25-000131.md) | [98.9 d](/filings/0001170010-26-000021.md) | [204](/filings/0001170010-26-000055.md) | [181 d](/filings/0001170010-26-000104.md) | [204 d](/filings/0001170010-25-000131.md) | [54.3 d](/filings/0001170010-26-000021.md) | [2.3](/filings/0001170010-26-000055.md) | [0.3 d](/filings/0001170010-26-000104.md) |

- Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities
- Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment
- Share repurchases: us-gaap:PaymentsForRepurchaseOfCommonStock

## Shares

| Line item | Unit | Q3 FY2023 (2022-11-30) | Q1 FY2024 (2023-05-31) | Q2 FY2024 (2023-08-31) | Q3 FY2024 (2023-11-30) | Q1 FY2025 (2024-05-31) | Q2 FY2025 (2024-08-31) | Q3 FY2025 (2024-11-30) | Q1 FY2026 (2025-05-31) | Q2 FY2026 (2025-08-31) | Q3 FY2026 (2025-11-30) | Q1 FY2027 (2026-05-31) | Q2 FY2027 (2026-08-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Diluted shares (weighted) | millions of shares | [159](/filings/0001170010-24-000002.md) | [159](/filings/0001170010-24-000087.md) | [159](/filings/0001170010-24-000130.md) | [159](/filings/0001170010-25-000004.md) | [158](/filings/0001170010-25-000083.md) | [157](/filings/0001170010-25-000118.md) | [155](/filings/0001170010-25-000131.md) | [153](/filings/0001170010-26-000055.md) | [150](/filings/0001170010-26-000104.md) | [146](/filings/0001170010-25-000131.md) | [142](/filings/0001170010-26-000055.md) | [142](/filings/0001170010-26-000104.md) |

- Diluted shares (weighted): us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Shares outstanding: 141,942,807 at 2026-09-28, from the cover of the [10-Q filed 2026-09-30](/filings/0001170010-26-000104.md) (dei:EntityCommonStockSharesOutstanding).

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