CarMax (KMX) revenue breakdown

Consumer Cyclical · Auto & Truck Dealerships · Market cap $7.5B

By segment, CarMax Sales Operations is the largest at 99% of fiscal 2024 revenue, growing -9% a year over 2 years.

By product, Used vehicle sales is the largest at 80% of fiscal 2026 revenue; Wholesale vehicle sales grew fastest, 9% a year over 9 years.

Revenue by segment

Fiscal years, as CarMax reports them in its 10-K filings; fiscal 2024 total $26.5B.

Segments202220232024Share
CarMax Sales Operations$31.8B$29.6B$26.4B 99%
Other Segments$102M$133M$136M 1%

Revenue by product

Fiscal years, as CarMax reports them in its 10-K filings; fiscal 2026 total $25.9B.

Products2017201820192020202120222023202420252026Share
Used vehicle sales$13.3B$14.4B$15.2B$17.2B$15.7B$24.4B$23.0B$20.9B$21.1B$20.7B 80%
Wholesale vehicle sales$2.1B$2.2B$2.4B$2.5B$2.7B$6.8B$6.0B$5.0B$4.6B$4.5B 17%
Extended protection plan revenues$306M$336M$382M$437M$413M$478M$422M$402M$452M$449M 2%
Advertising & subscription revenues—————$102M$133M$136M$139M$144M 1%
Service revenues$134M$134M$137M$124M$92M$82M$82M$85M$83M$77M 0%
Other$121M$126M$131M$135M$103M$36M$16M$21M$13M$13M 0%
Third-party finance fees, net-$38M-$50M-$43M-$46M-$40M$2M$7M-$6M-$2M-$9M -0%
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Questions

Where does CarMax make its money?

In fiscal 2024, by segment: CarMax Sales Operations $26.4B, Other Segments $136M.

From CarMax's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.