For Q1 FY2027 ended May 31, 2026, CarMax reported revenue of $8.01 billion, up 6.2% year-over-year. Net income was $185.6 million, down 11.8% from the prior year. Diluted EPS was $1.31, a decrease of 5.1%. The company had $132.2 million in cash and $17.56 billion in long-term debt.
•Revenue increased 6.2% YoY to $8.01 billion.
•Net income fell 11.8% YoY to $185.6 million.
•Diluted EPS decreased 5.1% to $1.31.
•Long-term debt stood at $17.56 billion as of May 31, 2026.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
CarMax, Inc., through its subsidiaries is a retailer of used vehicles and related products in the United States. The company operates in two segments: CarMax Sales Operations and CarMax Auto Finance.
The CarMax Sales Operations segment offers customers a range of makes and models of used vehicles, including domestic, imported, and luxury vehicles hybrid and electric vehicles. Its portfolio also includes used vehicle auctions, extended protection plans to customers at the time of sale, and reconditioning and vehicle repair services.
The CarMax Auto Finance segment provides financing alternatives for retail customers across a range of credit spectrum and arrangements with various financial institutions. Founded in 1993, the company is based in Richmond, Virginia.
CarMax, Inc. is a retailer of used vehicles and related products in the United States. The company operates through two segments: CarMax Sales Operations and CarMax Auto Finance. The Sales Operations segment offers a wide range of used vehicles, including domestic, imported, luxury, hybrid, and electric models. It also provides used vehicle auctions, extended protection plans, and reconditioning and vehicle repair services. The Auto Finance segment provides financing alternatives for retail customers across the credit spectrum, partnering with various financial institutions. Founded in 1993 and headquartered in Richmond, Virginia, CarMax is a leading player in the used car retail industry.
Where is CarMax (KMX) listed and in which currency?
CarMax, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol KMX. The company trades in U.S. dollars (USD), reflecting its primary operations in the United States. As a publicly traded company on a major U.S. exchange, CarMax provides investors with exposure to the consumer cyclical sector, specifically the auto and truck dealerships industry.
What sector and industry does CarMax (KMX) belong to?
CarMax, Inc. operates in the Consumer Cyclical sector, which includes companies that sell non-essential goods and services that tend to perform well when the economy is strong. Within this sector, CarMax is classified under the Auto & Truck Dealerships industry. This industry encompasses businesses that retail new and used vehicles, as well as provide related services such as financing, repairs, and extended warranties. As a used vehicle retailer, CarMax benefits from consumer demand for affordable transportation and often serves as a barometer for the broader automotive retail market.
Where is CarMax (KMX) headquartered and what markets does it serve?
CarMax, Inc. is headquartered in Richmond, Virginia, United States. The company serves customers across the United States through its network of used car stores and its online platform. CarMax focuses on the domestic market, offering a wide selection of used vehicles, including domestic, imported, luxury, hybrid, and electric models. Its operations are primarily U.S.-based, and it does not have significant international presence. The company's business model revolves around providing a no-haggle pricing experience and a range of services such as financing, extended protection plans, and vehicle repair, making it a one-stop shop for used car buyers in the U.S.
How does CarMax (KMX) make money?
CarMax generates revenue primarily through two segments: CarMax Sales Operations and CarMax Auto Finance. The Sales Operations segment earns money by selling used vehicles at retail, as well as through wholesale auctions of vehicles it does not retail. It also profits from extended protection plans and reconditioning and repair services. The Auto Finance segment provides financing to customers who purchase vehicles from CarMax, earning interest income and fees. By offering financing across the credit spectrum and partnering with various financial institutions, CarMax captures additional value from each sale. This integrated model allows the company to profit from both vehicle sales and the associated financial services, creating a diversified revenue stream.