Filing Flows › CarMax (KMX) › Gross margin
CarMax (KMX) gross margin by quarter
CarMax's gross margin was 10.1% in Q2 FY27 (second quarter fiscal 2027), -0.5 pts from Q1 FY27. Over the last 6 quarters it ranged from 10.1% (Q2 FY27) to 11.8% (Q1 FY26).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 10.1% | -0.5 pts | -0.7 pts |
| Q1 FY27 | 10.7% | +0.5 pts | -1.2 pts |
| Q3 FY26 | 10.2% | -0.7 pts | — |
| Q2 FY26 | 10.9% | -1.0 pts | — |
| Q1 FY26 | 11.8% | +0.7 pts | — |
| Q4 FY25 | 11.1% | — | — |
Q2 FY27 at a glance
CarMax, Q2 FY27: revenue $7.9B (+20% year over year), operating margin 2.8%, net earnings $165M, operating cash flow $883M. The chart follows the revenue to costs, profit and cash.
Questions
What is CarMax's gross margin?
CarMax's gross margin was 10.1% in Q2 FY27 (second quarter fiscal 2027), -0.5 pts from Q1 FY27.
How has CarMax's gross margin changed?
Over the last 6 quarters it ranged from 10.1% (Q2 FY27) to 11.8% (Q1 FY26).