Filing Flows › CarMax (KMX) › Operating margin
CarMax (KMX) operating margin by quarter
CarMax's operating margin was 2.8% in Q2 FY27 (second quarter fiscal 2027), -0.4 pts from Q1 FY27. Over the last 6 quarters it ranged from 1.4% (Q3 FY26) to 3.8% (Q1 FY26).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 2.8% | -0.4 pts | +0.9 pts |
| Q1 FY27 | 3.2% | +1.8 pts | -0.5 pts |
| Q3 FY26 | 1.4% | -0.5 pts | — |
| Q2 FY26 | 1.9% | -1.8 pts | — |
| Q1 FY26 | 3.8% | +1.8 pts | — |
| Q4 FY25 | 2.0% | — | — |
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 operating margin?
CarMax's operating margin was 2.8% in Q2 FY27 (second quarter fiscal 2027), -0.4 pts from Q1 FY27.
How has CarMax's operating margin changed?
Over the last 6 quarters it ranged from 1.4% (Q3 FY26) to 3.8% (Q1 FY26).