CarMax Q3 2025 Earnings Report
Key Takeaways
CarMax reported a strong third quarter with a 5.4% increase in retail used unit sales and a 6.3% increase in wholesale units. Total gross profit increased by 10.6% to $677.6 million, and net earnings per diluted share rose by 55.8% to $0.81. The company also repurchased $114.8 million in shares of common stock.
Retail used unit sales increased 5.4%, and comparable store used unit sales increased 4.3%.
Total gross profit increased 10.6% to $677.6 million, driven by unit volumes and strong unit margin performance.
Net earnings per diluted share increased 55.8% to $0.81 from $0.52 a year ago.
Repurchased $114.8 million in shares of common stock.
CarMax
CarMax
CarMax Revenue by Segment
Forward Guidance
CarMax did not provide specific financial guidance for future periods in the earnings report.
Revenue & Expenses
Visualization of income flow from segment revenue to net income