Explore CarMax
Core profile pages, annual revenue records, and related research hubs for this company.
Explore CarMax
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$25.9B
Market Cap
$6.1B
Net Income
$247M
Employees
27,796
CarMax reported $25.881 billion in fiscal 2026 net sales and operating revenues, down from $26.353 billion in fiscal 2025. Net earnings declined to $247.3 million, showing how higher credit pressure, finance fees, and affordability headwinds can weigh on a model even when CarMax remains the largest used-car retailer in the United States. The operating base is still formidable: 780,684 retail used vehicles sold, 538,203 wholesale vehicles sold, 256 stores in 110 U.S. television markets, and a $16.37 billion CarMax Auto Finance portfolio as of February 28, 2026. CEO Keith Barr inherits a business whose next leg depends on rebuilding unit growth without giving up the inventory, reconditioning, and finance discipline that protects margins.
Revenue Trend Analysis
YoY Change
-1.8%
3-Year CAGR
-4.5%
Peak Year
2023
Trend
Declining Trend
CarMax, Inc. has reported revenue across 4 fiscal years, compounding at -4.5% annually over 3 years. The most recent year saw a 1.8% decline versus the prior year. Revenue peaked in 2023 at $29.7B. Out of 3 reported periods, 0 showed growth and 3 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2026 | $25.9B | $247M | -1.8% |
| FY2025 | $26.4B | $501M | -0.7% |
| FY2024 | $26.5B | $479M | -10.6% |
| FY2023 | $29.7B | $485M | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
CarMax reported $25.881 billion in FY2026 net sales and operating revenues.
Profitability depends on product mix, investment levels, pricing, and market conditions; the financials page adds year-by-year context.
CarMax had 27,796 full- and part-time associates as of February 28, 2026.
CarMax reported $25.881 billion in FY2026 net sales and operating revenues.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "CarMax, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/carmax/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>CarMax, Inc. reported $26B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/carmax/financials" target="_blank" rel="noopener">CorpDigest — CarMax, Inc. financials</a></div>