KMX · Carmax Inc
$60.45
+1.57 (+2.66%)
At close · Jul 29
Market Cap
$8.36B
Shares
141.91M
Carmax Inc Earnings Call Transcripts
Every quarterly earnings call for Carmax Inc (KMX) — the full transcript with speaker labels, the audio replay, AI call highlights and a management-tone score, plus the matching 8-K earnings release and the quarter's 10-Q or 10-K. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲2%
$8.14B
$125.91M
'23 Q2
22-09-29
▼23.7%
$6.51B
$37.58M
'23 Q3
22-12-22
▼25.6%
$5.72B
$69.01M
'23 Q4
23-04-11
▼17.4%
$7.69B
$228.30M
'24 Q1
23-06-23
▼13.1%
$7.07B
$118.64M
'24 Q2
23-09-28
▼5.5%
$6.15B
$82.00M
'24 Q3
23-12-21
▼1.7%
$5.63B
$50.27M
'24 Q4
24-04-11
▼7.5%
$7.11B
$152.44M
'25 Q1
24-06-21
▼0.9%
$7.01B
$132.81M
'25 Q2
24-09-26
▲1.2%
$6.22B
$125.44M
'25 Q3
24-12-19
▲6.7%
$6.00B
$89.87M
'25 Q4
25-04-10
▲6.1%
$7.55B
$210.38M
'26 Q1
25-06-20
▼6.9%
$5.79B
$62.22M
'26 Q3
25-12-18
▼6%
$6.59B
$95.38M
'26 Q2
25-12-18
▼1%
$5.95B
−$120.68M
'26 Q4
26-04-14
LATEST
▲6.2%
$8.01B
$185.63M
'27 Q1
26-06-17
Annual General Meeting
Investor event
2026-06-23
Virtual Annual Shareholders Meeting
No reported result — non-financial event
Audio
Transcript
Slides
Earnings call
FY27 · Q1
2026-06-17
Carmax Inc Q1 FY2027 Earnings Call
Positive tone
Run Lean / Cost Reduction
Logistics / Transfers
Strategic Pillars and Plan
Revenue
$8.01B
▲ 6.2% YoY Diluted EPS
$1.31
▼ 5.1% YoY Gross margin
10.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q4
2026-04-14
Carmax Inc Q4 FY2026 Earnings Call
Positive tone
CarMax Auto Finance (CAF) growth
Leadership transition and new CEO
Earnings and margin pressure
Revenue
$5.95B*
▼ 1% YoY Gross margin
10.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY26 · Q2
2025-12-18
Carmax Inc Q2 FY2026 Earnings Call
Cautious tone
CarMax Auto Finance performance and outlook
Retail used vehicle inventory and pricing
SG&A cost reduction initiative
Revenue
$6.59B
▼ 6% YoY Diluted EPS
$0.64
▼ 24.7% YoY Gross margin
10.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q3
2025-12-18
Carmax Inc Q3 FY2026 Earnings Call
Revenue
$5.79B
▼ 6.9% YoY Diluted EPS
$0.43
▼ 46.9% YoY Gross margin
10.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2025-06-20
Carmax Inc Q1 FY2026 Earnings Call
Revenue
$7.55B
▲ 6.1% YoY Diluted EPS
$1.38
▲ 42.3% YoY Gross margin
11.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2025-04-10
Carmax Inc Q4 FY2025 Earnings Call
Revenue
$6.00B*
▲ 6.7% YoY Gross margin
11.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2024-12-19
Carmax Inc Q3 FY2025 Earnings Call
Revenue
$6.22B
▲ 1.2% YoY Diluted EPS
$0.81
▲ 55.8% YoY Gross margin
10.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2024-09-26
Carmax Inc Q2 FY2025 Earnings Call
Positive tone
Full Spectrum Underwriting
Logistics and Reconditioning Initiatives
Other Gross Profit (EPP and Service)
Revenue
$7.01B
▼ 0.9% YoY Diluted EPS
$0.85
▲ 13.3% YoY Gross margin
10.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2024-06-21
Carmax Inc Q1 FY2025 Earnings Call
Balanced tone
External industry factors
Pricing and vehicle value stabilization
CarMax Auto Finance (CAF) and full-spectrum lending
Revenue
$7.11B
▼ 7.5% YoY Diluted EPS
$0.97
▼ 32.6% YoY Gross margin
11.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2024-04-11
Carmax Inc Q4 FY2024 Earnings Call
Balanced tone
Market share
Affordability and consumer demand
Cost management and SG&A
Revenue
$5.63B*
▼ 1.7% YoY Gross margin
10.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2023-12-21
Carmax Inc Q3 FY2024 Earnings Call
Revenue
$6.15B
▼ 5.5% YoY Diluted EPS
$0.52
▲ 116.7% YoY Gross margin
10.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2023-09-28
Carmax Inc Q2 FY2024 Earnings Call
Revenue
$7.07B
▼ 13.1% YoY Diluted EPS
$0.75
▼ 5.1% YoY Gross margin
9.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2023-06-23
Carmax Inc Q1 FY2024 Earnings Call
Revenue
$7.69B
▼ 17.4% YoY Diluted EPS
$1.44
▼ 7.7% YoY Gross margin
10.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2023-04-11
Carmax Inc Q4 FY2023 Earnings Call
Revenue
$5.72B*
▼ 25.6% YoY Gross margin
10.7%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2022-12-22
Carmax Inc Q3 FY2023 Earnings Call
Revenue
$6.51B
▼ 23.7% YoY Diluted EPS
$0.24
▼ 85.3% YoY Gross margin
8.9%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2022-09-29
Carmax Inc Q2 FY2023 Earnings Call
Revenue
$8.14B
▲ 2% YoY Diluted EPS
$0.79
▼ 54.1% YoY Gross margin
9.1%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2022-06-24
Carmax Inc Q1 FY2023 Earnings Call
Revenue
$9.31B
▲ 21% YoY Diluted EPS
$1.56
▼ 40.7% YoY Gross margin
9.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2022-04-12
Carmax Inc Q4 FY2022 Earnings Call
Revenue
$7.69B*
▲ 48.8% YoY Gross margin
9.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2021-12-22
Carmax Inc Q3 FY2022 Earnings Call
Revenue
$8.53B
▲ 64.5% YoY Diluted EPS
$1.63
▲ 14.8% YoY Gross margin
9.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2021-09-30
Carmax Inc Q2 FY2022 Earnings Call
Revenue
$7.99B
▲ 48.7% YoY Diluted EPS
$1.72
▼ 3.9% YoY Gross margin
10.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2021-06-25
Carmax Inc Q1 FY2022 Earnings Call
Revenue
$7.70B
▲ 138.4% YoY Diluted EPS
$2.63
▲ 8666.7% YoY Gross margin
12.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2021-04-01
Carmax Inc Q4 FY2021 Earnings Call
Revenue
$5.16B*
▲ 4.1% YoY Gross margin
12.4%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2020-12-22
Carmax Inc Q3 FY2021 Earnings Call
Revenue
$5.18B
▲ 8.2% YoY Diluted EPS
$1.42
▲ 36.5% YoY Gross margin
12.2%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2020-09-24
Carmax Inc Q2 FY2021 Earnings Call
Revenue
$5.37B
▲ 3.3% YoY Diluted EPS
$1.79
▲ 27.9% YoY Gross margin
14.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2020-06-19
Carmax Inc Q1 FY2021 Earnings Call
Revenue
$3.23B
▼ 39.8% YoY Diluted EPS
$0.03
▼ 98.1% YoY Gross margin
11.0%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY20 · Q4
2020-04-02
Carmax Inc Q4 FY2020 Earnings Call
Revenue
$4.96B
▲ 14.9% YoY Diluted EPS
$1.30
▲ 15% YoY Gross margin
13.6%
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY20 · Q3
2019-12-20
Carmax Inc Q3 FY2020 Earnings Call
Revenue
$4.79B
▲ 11.5% YoY Diluted EPS
$1.04
▼ 4.6% YoY Gross margin
12.8%
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Showing 1–28 of 28 earnings calls
Key facts
CIK
1170010
CUSIP
143130102
13F (30d)
161 filings
129 filers
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