Income Tax Expense
The latest quarterly tax expense is $72.93 Million with a quarter-over-quarter change of +629.08%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
KMX Tax Expense
Reported quarterly tax expense; no daily interpolation.
Current Tax Expense
$72.93M
$72.93 Million
Quarter-over-Quarter Change
+629.08%
vs. $10.00M prior quarter
Historical Data
96
Quarters of data available
Quarterly Tax Expense History
| Period | Tax Expense | QoQ Change | % Change |
|---|---|---|---|
| Q1 2026 | $72.93M | +$62.93M | +629.08% |
| Q4 2026 | $10.00M | $-11.67M | -53.84% |
| Q3 2025 | $21.67M | $-10.05M | -31.68% |
| Q2 2025 | $31.72M | $-41.03M | -56.40% |
| Q1 2025 | $72.75M | +$44.21M | +154.92% |
| Q4 2025 | $28.54M | $-12.49M | -30.45% |
| Q3 2024 | $41.03M | $-4.00M | -8.89% |
| Q2 2024 | $45.03M | $-9.16M | -16.91% |
| Q1 2024 | $54.20M | +$38.96M | +255.57% |
| Q4 2024 | $15.24M | $-13.31M | -46.62% |
| Q3 2023 | $28.55M | $-11.10M | -27.98% |
| Q2 2023 | $39.65M | $-39.29M | -49.77% |
| Q1 2023 | $78.94M | +$65.32M | +479.52% |
| Q4 2023 | $13.62M | +$1.21M | +9.74% |
| Q3 2022 | $12.41M | $-29.26M | -70.21% |
| Q2 2022 | $41.67M | $-42.67M | -50.59% |
| Q1 2022 | $84.34M | +$42.93M | +103.66% |
| Q4 2022 | $41.41M | $-45.11M | -52.14% |
| Q3 2021 | $86.52M | +$3.98M | +4.82% |
| Q2 2021 | $82.55M | $-48.02M | -36.78% |
| Q1 2021 | $130.57M | +$78.26M | +149.63% |
| Q4 2021 | $52.30M | $-22.90M | -30.45% |
| Q3 2020 | $75.20M | $-16.44M | -17.94% |
| Q2 2020 | $91.64M | +$92.46M | +11358.60% |
| Q1 2020 | $-814,000 | $-62.51M | -101.32% |
| Q4 2020 | $61.70M | +$7.30M | +13.41% |
| Q3 2019 | $54.40M | $-17.54M | -24.38% |
| Q2 2019 | $71.94M | $-12.57M | -14.88% |
| Q1 2019 | $84.51M | +$21.24M | +33.57% |
| Q4 2019 | $63.27M | +$5.78M | +10.05% |
| Q3 2018 | $57.50M | $-11.10M | -16.18% |
| Q2 2018 | $68.59M | $-12.43M | -15.34% |
| Q1 2018 | $81.03M | $-6.95M | -7.90% |
| Q4 2018 | $87.98M | +$11.62M | +15.21% |
| Q3 2017 | $76.36M | $-32.45M | -29.82% |
| Q2 2017 | $108.81M | $-17.54M | -13.88% |
| Q1 2017 | $126.35M | +$36.64M | +40.84% |
| Q4 2017 | $89.71M | +$6.70M | +8.07% |
| Q3 2016 | $83.02M | $-16.36M | -16.46% |
| Q2 2016 | $99.37M | $-7.96M | -7.42% |
| Q1 2016 | $107.33M | +$22.17M | +26.04% |
| Q4 2016 | $85.16M | +$5.40M | +6.77% |
| Q3 2015 | $79.76M | $-27.84M | -25.87% |
| Q2 2015 | $107.59M | $-6.41M | -5.62% |
| Q1 2015 | $114.00M | +$24.31M | +27.10% |
| Q4 2015 | $89.69M | +$8.91M | +11.03% |
| Q3 2014 | $80.79M | $-15.34M | -15.95% |
| Q2 2014 | $96.12M | $-9.25M | -8.77% |
| Q1 2014 | $105.37M | +$44.87M | +74.17% |
| Q4 2014 | $60.50M | $-6.25M | -9.36% |
| Q3 2013 | $66.75M | $-20.10M | -23.15% |
| Q2 2013 | $86.85M | $-3.79M | -4.18% |
| Q1 2013 | $90.64M | +$25.71M | +39.59% |
| Q4 2013 | $64.93M | +$7.15M | +12.37% |
| Q3 2012 | $57.78M | $-11.68M | -16.82% |
| Q2 2012 | $69.47M | $-5.42M | -7.24% |
| Q1 2012 | $74.89M | +$18.31M | +32.37% |
| Q4 2012 | $56.57M | +$7.06M | +14.25% |
| Q3 2011 | $49.52M | $-19.19M | -27.93% |
| Q2 2011 | $68.71M | $-8.46M | -10.96% |
| Q1 2011 | $77.16M | +$26.06M | +51.00% |
| Q4 2011 | $51.10M | +$120,000 | +0.24% |
| Q3 2010 | $50.98M | $-16.31M | -24.24% |
| Q2 2010 | $67.29M | +$4.05M | +6.40% |
| Q1 2010 | $63.24M | +$16.90M | +36.46% |
| Q4 2010 | $46.34M | +$5.03M | +12.18% |
| Q3 2009 | $41.31M | $-23.12M | -35.88% |
| Q2 2009 | $64.43M | +$45.68M | +243.71% |
| Q1 2009 | $18.75M | $-4.67M | -19.94% |
| Q4 2009 | $23.41M | +$35.94M | +286.99% |
| Q3 2008 | $-12.52M | $-21.02M | -247.40% |
| Q2 2008 | $8.49M | $-9.70M | -53.32% |
| Q1 2008 | $18.20M | +$5.20M | +40.03% |
| Q4 2008 | $12.99M | $-6.12M | -32.02% |
| Q3 2007 | $19.12M | $-23.33M | -54.97% |
| Q2 2007 | $42.45M | +$1.97M | +4.86% |
| Q1 2007 | $40.48M | +$12.57M | +45.04% |
| Q4 2007 | $27.91M | $-174,000 | -0.62% |
| Q3 2006 | $28.09M | $-5.44M | -16.24% |
| Q2 2006 | $33.53M | $-1.70M | -4.82% |
| Q1 2006 | $35.23M | +$10.38M | +41.79% |
| Q4 2006 | $24.84M | +$10.15M | +69.08% |
| Q3 2005 | $14.69M | $-8.49M | -36.63% |
| Q2 2005 | $23.19M | +$161,000 | +0.70% |
| Q1 2005 | $23.03M | +$4.65M | +25.28% |
| Q4 2005 | $18.38M | +$6.84M | +59.31% |
| Q3 2004 | $11.54M | $-7.55M | -39.57% |
| Q2 2004 | $19.09M | $-3.50M | -15.49% |
| Q1 2004 | $22.59M | +$8.48M | +60.16% |
| Q4 2004 | $14.10M | +$2.18M | +18.24% |
| Q3 2003 | $11.93M | $-12.87M | -51.90% |
| Q2 2003 | $24.80M | +$2.72M | +12.34% |
| Q1 2003 | $22.07M | +$9.58M | +76.71% |
| Q4 2003 | $12.49M | +$2.88M | +30.02% |
| Q3 2002 | $9.61M | $-11.10M | -53.60% |
| Q2 2002 | $20.71M | — | — |
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.
- Sector
- Consumer Cyclical
- Industry
- Auto - Dealerships
- CEO
- Keith Barr