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0:00 / 0:00I. Financial Performance and Results of Operations
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CarMax Slashes Inventory $807M, Generates $2.34B Cash Amid 7% Revenue Drop

KMX10-QFiling Date: 12/23/2025
CarMax Inc
Description

What this story covers

CarMax's Q3 FY2026 10-Q shows used vehicle revenues down 7 percent on softer demand, inventory cut 807 million dollars, but ops cash surges to 2 point 34 billion dollars. Expansions add 5 stores, CAF income up quarterly on securitization gain. Legal risks contained, strong controls, targeting efficiencies for recovery.

Story snapshot

CompanyCarMax Inc
TickerKMX
VariantStandard detailed
Duration11:21
Filing type10-Q
PeriodQ3 2026
IndustryConsumer Services
Accession0001170010-25-000131
Sources1

Full Story Script

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Primary Sources

sec_filing10-QView on SEC.gov →

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