SEC filing · 10-Q

Carmax Inc: Quarterly report

CarMax reported higher second quarter revenues and net earnings driven by growth in used vehicle sales and finance income.

Filed September 30, 2026 · period ended August 31, 2026

Positive for the company

What the numbers say

Revenue rose 19% to $7.9B versus the same quarter last year (1.7% down on the previous quarter); gross margin narrowed from 10.9% to 10.1%; diluted EPS $1.16 versus $0.64; cash rose by $38.3M to $170.5M while debt fell by $775.1M; diluted share count down 4.8% (buybacks).

Compared with the same period a year earlier, from the figures Carmax Inc reported to the SEC.

What happened

Net sales and operating revenues rose 19.5% to $7,877.9 million in the second quarter.

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Summary generated automatically from the filing text and checked against it: every number above is printed in the document. It describes the filing and is not investment advice. Read the original before relying on it.