Carmax (KMX) earnings history
Most recent quarter
- Fiscal period
- Q2 2027
- Period end
- Aug 31, 2026
- EPS actual
- $1.16
- EPS estimate
- $0.73
- EPS surprise
- +58.95%
- Revenue surprise
- +11.09%
- Revenue
- $7.9B
- Revenue estimate
- $7.1B
- Reported
- Sep 29, 2026
CarMax reported fiscal Q2 2027 results on September 29, 2026. EPS of $1.16 beat the $0.73 estimate by 58.95%. Revenue of about $7.9 billion was 11.09% above the $7.1 billion consensus. Compared with fiscal Q2 2026, EPS rose about 81% from $0.64 and revenue climbed about 20% from $6.6 billion.
The table shows a seasonal rhythm: revenue is higher in the first half of each fiscal year and lower in Q3 and Q4. Annual EPS was $3.03 in both fiscal 2023 and 2024, then $3.21 in fiscal 2025 and $2.79 in fiscal 2026. Annual revenue fell each year, from $29.6 billion in fiscal 2023 to $25.8 billion in fiscal 2026. The first half of fiscal 2027 totals $2.47 per share, about 22% above the $2.02 of a year earlier. CarMax beat EPS estimates in 12 of the last 20 quarters, including each of the last four.
CarMax reported fiscal Q3 between December 18 and December 22 in each of the past five years. That points to mid-to-late December 2026 for the next report. It will show whether the first-half gains carry into the seasonally weaker second half.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2027 | Sep 29, 2026 | $0.73 | $1.16 | +58.95% | $7.9B | SEC |
| Q1 2027 | Jun 17, 2026 | $0.97 | $1.31 | +35.71% | $8.0B | SEC |
| Q4 2026 | Apr 14, 2026 | $0.20 | $0.34 | +73.82% | $5.9B | SEC |
| Q3 2026 | Dec 18, 2025 | $0.31 | $0.43 | +40.34% | $5.8B | SEC |
| Q2 2026 | Sep 25, 2025 | $1.04 | $0.64 | −38.67% | $6.6B | SEC |
| Q1 2026 | Jun 20, 2025 | $1.16 | $1.38 | +18.84% | $7.5B | SEC |
| Q4 2025 | Apr 10, 2025 | $0.66 | $0.58 | −12.12% | $6.0B | SEC |
| Q3 2025 | Dec 19, 2024 | $0.62 | $0.81 | +31.45% | $6.2B | SEC |
| Q2 2025 | Sep 26, 2024 | $0.85 | $0.85 | −0.32% | $7.0B | SEC |
| Q1 2025 | Jun 21, 2024 | $0.95 | $0.97 | +2.20% | $7.1B | SEC |
| Q4 2024 | Apr 11, 2024 | $0.46 | $0.32 | −30.51% | $5.6B | SEC |
| Q3 2024 | Dec 21, 2023 | $0.42 | $0.52 | +23.66% | $6.1B | SEC |
| Q2 2024 | Sep 28, 2023 | $0.75 | $0.75 | −0.19% | $7.1B | SEC |
| Q1 2024 | Jun 23, 2023 | $0.79 | $1.44 | +82.28% | $7.7B | SEC |
| Q4 2023 | Apr 11, 2023 | $0.20 | $0.44 | +124.26% | $5.7B | SEC |
| Q3 2023 | Dec 22, 2022 | $0.65 | $0.24 | −63.28% | $6.5B | SEC |
| Q2 2023 | Sep 29, 2022 | $1.39 | $0.79 | −43.31% | $8.1B | SEC |
| Q1 2023 | Jun 24, 2022 | $1.51 | $1.56 | +3.00% | $9.3B | SEC |
| Q4 2022 | Apr 12, 2022 | $1.27 | $0.98 | −22.75% | $7.7B | SEC |
| Q3 2022 | Dec 22, 2021 | $1.45 | $1.63 | +12.52% | $8.5B | SEC |
Quarterly revenue
Frequently asked questions
When did Carmax (KMX) last report earnings?
Carmax last reported on Sep 29, 2026, covering fiscal Q2 2027.
Did KMX beat earnings estimates?
Yes. Carmax reported EPS of $1.16 for Q2 2027 against a $0.73 estimate — a 58.95% beat.
How much revenue did KMX report last quarter?
Carmax reported $7.9B in revenue for Q2 2027, against a consensus estimate of $7.1B.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
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