CarMax financials
$59.23+4.74%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Quarter | Q1 '27 May 31 | Q4 '26 Feb 28 | Q3 '26 Nov 30 | Q2 '26 Aug 31 | Q1 '26 May 31 | Q4 '25 Feb 28 | Q3 '25 Nov 30 | Q2 '25 Aug 31 | Q1 '25 May 31 | Q4 '24 Feb 29 | Q3 '24 Nov 30 | Q2 '24 Aug 31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $8.01B | $5.95B | $5.79B | $6.59B | $7.55B | $6.00B | $6.22B | $7.01B | $7.11B | $5.63B | $6.15B | $7.07B |
| Gross profit | $854.4M | $605.3M | $590.0M | $717.7M | $893.6M | $667.9M | $677.6M | $760.5M | $791.9M | $586.2M | $612.9M | $696.8M |
| Gross margin | 10.7% | 10.2% | 10.2% | 10.9% | 11.8% | 11.1% | 10.9% | 10.8% | 11.1% | 10.4% | 10.0% | 9.8% |
| Operating income | $290.3M | $65.9M | $114.5M | $151.9M | $309.9M | $151.7M | $197.3M | $201.6M | $238.4M | $512.4M | -$7.7M | $52.3M |
| Net income | $185.6M | -$120.7M | $62.2M | $95.4M | $210.4M | $89.9M | $125.4M | $132.8M | $152.4M | $50.3M | $82.0M | $118.6M |
| Net margin | 2.3% | −2.0% | 1.1% | 1.4% | 2.8% | 1.5% | 2.0% | 1.9% | 2.1% | 0.9% | 1.3% | 1.7% |
| Diluted EPS | $1.31 | $-0.85 | $0.43 | $0.64 | $1.38 | $0.58 | $0.81 | $0.85 | $0.97 | $0.32 | $0.52 | $0.75 |
| EBITDA | $383.2M | $159.6M | $203.0M | $235.9M | $389.7M | $229.1M | $272.6M | $274.3M | $307.7M | $512.4M | $58.8M | $116.2M |
| Operating cash flow | $17.6M | -$554.3M | $1.25B | $785.5M | $299.5M | $146.4M | -$23.4M | $619.1M | -$117.7M | $309.6M | $210.1M | $124.2M |
| Free cash flow | -$85.7M | -$687.3M | $1.11B | $654.0M | $162.8M | $18.8M | -$150.6M | $509.9M | -$221.6M | $199.8M | $64.8M | $50.7M |
| Diluted shares | 142.1M | 142.3M | 145.9M | 149.6M | 152.6M | 154.7M | 155.3M | 156.5M | 157.7M | 158.2M | 158.8M | 159.2M |
Balance sheet
| Period end | May 31 | Feb 28 | Nov 30 | Aug 31 | May 31 | Feb 28 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $132.2M | $122.8M | $204.9M | $540.4M | $262.8M | $247.0M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Total debt | $18.13B | $18.02B | $17.33B | $18.62B | $18.76B | $18.68B |
| Total assets | $26.63B | $26.37B | $25.56B | $27.08B | $27.39B | $27.40B |
| Total liabilities | $20.51B | $20.48B | $19.50B | $20.88B | $21.10B | $21.16B |
| Shareholders' equity | $6.12B | $5.89B | $6.06B | $6.20B | $6.29B | $6.24B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology