CarMax Quarterly Cash Flow Statement
NYSE: KMXConsumer DiscretionaryRetail-Auto Dealers and Gas StationsUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
CarMax free cash flow
In the quarter ended Aug 31, 2026, CarMax generated $882.9 million of operating cash flow and spent $77.1 million on capital expenditures. That left free cash flow of $805.8 million, a free-cash-flow margin of 10.2% of revenue. Free cash flow was up 23.2% from the prior year's $654.0 million.
CarMax returned $313,000 to shareholders through share repurchases, equal to 0% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
CarMax cash flow statement (quarterly)
| Quarter (USD) | Q2 20272026-08-31 | Q1 20272026-05-31 | Q4 20262026-02-28 | Q3 20262025-11-30 | Q2 20262025-08-31 | Q1 20262025-05-31 | Q4 20252025-02-28 | Q3 20252024-11-30 | Q2 20252024-08-31 | Q1 20252024-05-31 | Q4 20242024-02-29 | Q3 20242023-11-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 165.29M | 185.63M | -120.68M | 62.22M | 95.38M | 210.38M | 89.87M | 125.44M | 132.81M | 152.44M | 50.27M | 82.00M |
| Net Income growth (YoY) | +73.30% | -11.77% | -234.29% | -50.40% | -28.18% | +38.01% | +78.77% | +52.97% | +11.95% | -33.23% | -27.16% | +118.21% |
| Depreciation & Amortization | 95.20M | 92.89M | 93.76M | 88.48M | 83.93M | 79.78M | 77.47M | 75.37M | 72.72M | 69.24M | 66.89M | 66.56M |
| Stock-Based Compensation | 32.36M | 41.95M | 11.66M | 16.11M | 24.27M | 46.98M | 27.59M | 24.42M | 34.60M | 48.10M | 29.24M | 21.03M |
| Change in Working Capital | 214.88M | -75.14M | -805.35M | -69.15M | 388.93M | 128.71M | -228.11M | -287.45M | 430.98M | -188.73M | 108.25M | 45.67M |
| Operating Cash Flow | 882.93M | 17.59M | -554.27M | 1.25B | 785.49M | 299.54M | 146.38M | -23.35M | 619.10M | -117.69M | 309.64M | 210.10M |
| Capital Expenditures | -77.11M | -103.33M | -133.03M | -139.76M | -131.47M | -136.74M | -127.62M | -127.20M | -109.21M | -103.91M | -109.86M | -145.28M |
| Investing Cash Flow | -70.63M | -99.63M | -128.77M | -138.81M | -131.28M | -141.19M | -113.08M | -132.46M | -109.59M | -105.87M | -109.78M | -145.47M |
| Share Repurchases | -313.00K | -2.31M | -54.35M | -203.57M | -180.85M | -204.03M | -98.87M | -116.28M | -106.45M | -106.85M | -49.80M | -40.14M |
| Financing Cash Flow | -767.85M | 90.52M | 633.08M | -1.51B | -338.28M | -129.43M | -48.83M | -121.64M | -170.68M | -112.38M | -209.53M | -29.65M |
| Net Change in Cash | 44.45M | 8.48M | -49.95M | -392.37M | 315.94M | 28.93M | -15.53M | -277.46M | 338.83M | -335.94M | -9.67M | 34.98M |
| Free Cash Flow | 805.83M | -85.75M | -687.29M | 1.11B | 654.03M | 162.81M | 18.76M | -150.55M | 509.89M | -221.60M | 199.77M | 64.82M |
This table shows 12 quarterly periods of CarMax's cash flow statement, from Q2 2027 back to Q3 2024, across 13 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow KMX's reporting calendar. What is a cash flow statement?