CarMax Q2 FY27 earnings

Revenue $7.88B, up 19.5% on a year earlier. Used vehicle sales $6.31B, up 19.7%. Wholesale vehicle sales $1.36B, up 18.2%. Diluted EPS $1.16 against $0.64.

The results

Q2 FY27Q1 FY27Q2 FY26Year over year
Revenue$7.88B$8.01B$6.59B+19.5%
Operating income$799.46M$854.41M—
Net income$165.29M$185.63M$95.38M+73.3%
Diluted EPS$1.16$1.31$0.64
Operating cash flow$882.93M$17.59M$785.49M+12.4%
Capital expenditures-$77.11M-$103.33M-$131.47M
Free cash flow$805.83M-$85.75M$654.03M+23.2%

KPIs this quarter

Q2 FY27Q2 FY26Year over year
Used vehicle sales$6.31B$5.27B+19.7%
Wholesale vehicle sales$1.36B$1.15B+18.2%
Comparable store used unit sales13%-6.3%
Extended Service Plan Revenues$141.60M$115.10M+23.0%
Total other sales and revenues$208.40M$174.40M+19.5%
Total used unit sales387,735338,031+14.7%
Total wholesale unit sales160,344138,302+15.9%
Wholesale vehicle unit sales growth15.9%-2.2%

Sources

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Stock Atlas, “CarMax (KMX) Q2 FY27 earnings: results and KPIs”, stockatlas.com/companies/KMX/earnings/2027-q2/, data as of 3 November 2026. Links to this page are welcome.