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KMXCarMax, Inc.

Interest Expense

The latest quarterly interest expense is $218.01 Million with a quarter-over-quarter change of +2.38%. Interest expense is the cost a company incurs for borrowed funds, including interest on bonds, loans, and other forms of debt financing.

Interest Expense

KMX Interest Expense

$218.01M

Reported quarterly interest expense; no daily interpolation.

+872.83% 5Y

Current Interest Expense

$218.01M

$218.01 Million

Quarter-over-Quarter Change

+2.38%

vs. $212.95M prior quarter

Historical Data

73

Quarters of data available

Quarterly Interest Expense History

PeriodInterest ExpenseQoQ Change% Change
Q1 2026$218.01M+$5.06M+2.38%
Q4 2026$212.95M$-1.47M-0.69%
Q3 2025$214.42M$-13.23M-5.81%
Q2 2025$227.65M+$3.08M+1.37%
Q1 2025$224.57M+$6.43M+2.95%
Q4 2025$218.14M$-478,000-0.22%
Q3 2024$218.62M$-2.10M-0.95%
Q2 2024$220.72M+$7.06M+3.30%
Q1 2024$213.66M+$182.23M+579.72%
Q4 2024$31.43M+$169,000+0.54%
Q3 2023$31.27M$-320,000-1.01%
Q2 2023$31.59M+$1.12M+3.67%
Q1 2023$30.47M+$1.74M+6.05%
Q4 2023$28.73M$-1.42M-4.72%
Q3 2022$30.15M$-2.59M-7.92%
Q2 2022$32.74M+$3.97M+13.80%
Q1 2022$28.77M+$1.93M+7.18%
Q4 2022$26.85M+$2.54M+10.47%
Q3 2021$24.30M+$1.89M+8.45%
Q2 2021$22.41M+$1.88M+9.14%
Q1 2021$20.53M+$245,000+1.21%
Q4 2021$20.29M+$827,000+4.25%
Q3 2020$19.46M$-3.01M-13.38%
Q2 2020$22.47M$-1.49M-6.22%
Q1 2020$23.96M$-88.05M-78.61%
Q4 2020$112.01M+$90.16M+412.78%
Q3 2019$21.84M+$770,000+3.65%
Q2 2019$21.07M+$3.29M+18.49%
Q1 2019$17.78M$-3.19M-15.22%
Q4 2019$20.98M+$2.16M+11.49%
Q3 2018$18.81M+$864,000+4.81%
Q2 2018$17.95M$-102,000-0.57%
Q1 2018$18.05M$-1.61M-8.21%
Q4 2018$19.67M+$2.26M+12.99%
Q3 2017$17.41M+$569,000+3.38%
Q2 2017$16.84M$-2,000-0.01%
Q1 2017$16.84M+$485,000+2.97%
Q4 2017$16.35M+$1.28M+8.51%
Q3 2016$15.07M+$1.17M+8.39%
Q2 2016$13.90M+$2.82M+25.40%
Q1 2016$11.09M$-696,000-5.91%
Q4 2016$11.78M+$1.76M+17.59%
Q3 2015$10.02M+$2.57M+34.51%
Q2 2015$7.45M+$347,000+4.89%
Q1 2015$7.10M+$4.92M+225.38%
Q4 2015$2.18M$-5.16M-70.25%
Q3 2014$7.34M$-13,000-0.18%
Q2 2014$7.35M$-250,000-3.29%
Q1 2014$7.60M+$55,000+0.73%
Q4 2014$7.55M$-103,000-1.35%
Q3 2013$7.65M$-112,000-1.44%
Q2 2013$7.76M$-117,000-1.49%
Q1 2013$7.88M+$23.18M+151.48%
Q4 2013$-15.30M$-46.67M-148.79%
Q3 2012$31.36M+$23.21M+284.75%
Q2 2012$8.15M+$9,000+0.11%
Q1 2012$8.14M$-23.21M-74.03%
Q4 2012$31.36M+$23.00M+275.12%
Q3 2011$8.36M$-105,000-1.24%
Q2 2011$8.46M$-76,000-0.89%
Q1 2011$8.54M+$7.72M+936.41%
Q4 2011$824,000$-31.55M-97.45%
Q3 2010$32.37M+$30.96M+2190.94%
Q2 2010$1.41M+$1.34M+1862.50%
Q1 2010$72,000$-300,000-80.65%
Q4 2010$372,000$-302,000-44.81%
Q3 2009$674,000$-674,000-50.00%
Q2 2009$1.35M+$282,000+26.45%
Q1 2009$1.07M+$40,000+3.90%
Q4 2009$1.03M$-499,000-32.72%
Q3 2008$1.52M+$48,000+3.25%
Q2 2008$1.48M$-581,000-28.23%
Q1 2008$2.06M
Data as of Sunday, June 28, 2026

About CarMax, Inc.

CarMax, Inc., together with its associated entities, functions as a prominent purveyor of previously owned automobiles across the United States. Its business operations are strategically structured into two principal divisions: CarMax Sales Operations and CarMax Auto Finance. Through its retail offerings, the company provides an extensive selection of pre-owned vehicles, including various domestic, imported, and luxury models, in addition to hybrid and electric options. Customers also have the opportunity to purchase extended protection plans at the time of their vehicle acquisition. Separately, CarMax sells older, higher-mileage vehicles—typically around ten years old with over 100,000 miles—via wholesale auctions. Furthermore, CarMax delivers reconditioning and repair services for its vehicles. For its retail clients, the company facilitates a range of financing alternatives designed to accommodate diverse credit profiles, managed both by its internal CarMax Auto Finance segment and through arrangements with various external financial institutions. As of February 28, 2022, CarMax operated a network comprising approximately 230 retail locations specializing in used cars. Founded in 1993, CarMax, Inc. maintains its corporate headquarters in Richmond, Virginia.

Richmond, VA
30,048 employees
Consumer Cyclical / Auto - Dealerships
Sector
Consumer Cyclical
Industry
Auto - Dealerships
CEO
Keith Barr