CarMax Income Statement

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Feb '26 Feb 28, 2026	Feb '25 Feb 28, 2025	Feb '24 Feb 29, 2024	Feb '23 Feb 28, 2023	Feb '22 Feb 28, 2022
Revenue	25,881	26,353	26,536	29,685	31,900
Revenue Growth (YoY)	-1.79%	-0.69%	-10.61%	-6.94%	68.34%
Cost of Revenue	23,075	23,456	23,823	26,885	28,613
Gross Profit	2,807	2,898	2,713	2,800	3,288
Selling, General & Admin	2,453	2,435	2,286	2,487	2,325
Depreciation & Amortization Expenses	273.75	255.32	239.03	228.45	211.96
Other Operating Expenses	141.26	-	-	-	-
Total Operating Expenses	2,868	2,691	2,525	2,716	2,537
Operating Income	-61.83	207.18	187.8	84.4	750.37
Interest Income	562.72	581.75	568.27	663.4	801.51
Interest Expense	-110.39	-107.94	-124.75	-120.4	-94.1
Other Non-Operating Income (Expense)	-7.07	-11.62	10.27	9.4	34.57
Total Non-Operating Income (Expense)	445.26	462.18	453.79	552.41	741.98
Pretax Income	383.43	669.36	641.6	636.8	1,492
Provision for Income Taxes	136.14	168.8	162.39	152.04	341.05
Net Income	247.29	500.56	479.2	484.76	1,151
Net Income to Common	247.29	500.56	479.2	484.76	1,151
Net Income Growth	-50.60%	4.46%	-1.15%	-57.89%	54.14%
Shares Outstanding (Basic)	147	155	158	159	162
Shares Outstanding (Diluted)	148	156	159	160	165
Shares Change (YoY)	-5.41%	-1.67%	-0.67%	-3.27%	0.03%
EPS (Basic)	1.68	3.22	3.03	3.05	7.09
EPS (Diluted)	1.68	3.21	3.02	3.03	6.97
EPS Growth	-47.66%	6.29%	-0.33%	-56.53%	54.20%
Shares Outstanding	141.8	153.32	157.61	158.08	161.05
Free Cash Flow	1,243	156.5	-6.69	860.62	-2,858
Free Cash Flow Growth	694.16%	-	-	-	-
Free Cash Flow Per Share	8.42	1.00	-0.04	5.39	-17.30
Gross Margin	10.84%	11.00%	10.22%	9.43%	10.31%
Operating Margin	-0.24%	0.79%	0.71%	0.28%	2.35%
Profit Margin	0.96%	1.90%	1.81%	1.63%	3.61%
FCF Margin	4.80%	0.59%	-0.03%	2.90%	-8.96%
EBITDA	284.14	501.98	448.22	349.62	1,024
EBITDA Margin	1.10%	1.90%	1.69%	1.18%	3.21%
EBIT	-61.83	207.18	187.8	84.4	750.37
EBIT Margin	-0.24%	0.79%	0.71%	0.28%	2.35%
Effective Tax Rate	35.51%	25.22%	25.31%	23.88%	22.85%

Updated Apr 14, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q