v3.26.1
CarMax Auto Finance (Tables)
 3 Months Ended
May 31, 2026
CarMax Auto Finance Income [Abstract]  
Components Of CarMax Auto Finance Income
Components of CAF Income
Three Months Ended May 31
(In millions)20262025
Interest margin:
Interest and fee income$460.9 $485.4 
Interest expense(184.2)(197.5)
Total interest margin276.7 287.9 
Provision for loan losses(95.6)(101.7)
Total interest margin after provision for loan losses181.1 186.2 
Servicing income4.2 — 
Direct expenses:
Payroll and fringe benefit expense(18.2)(20.0)
Depreciation and amortization(4.5)(4.3)
Other direct expenses(22.4)(20.2)
Total direct expenses(45.1)(44.5)
CarMax Auto Finance income$140.2 $141.7