v3.26.3
Consolidated Statements Of Earnings - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Aug. 31, 2026
Aug. 31, 2025
Aug. 31, 2026
Aug. 31, 2025
SALES AND OPERATING REVENUES:        
NET SALES AND OPERATING REVENUES $ 7,877,910 $ 6,594,684 $ 15,891,429 $ 14,141,225
TOTAL COST OF SALES 7,078,446 5,877,018 14,237,551 12,529,936
GROSS PROFIT  799,464 717,666 1,653,878 1,611,289
CARMAX AUTO FINANCE INCOME  135,560 102,638 275,801 244,288
Selling, general and administrative expenses 628,576 601,093 1,263,751 1,260,736
Depreciation, Depletion and Amortization, Nonproduction 70,105 67,285 139,318 133,024
Interest expense 31,831 28,453 65,642 55,523
Other income (18,554) (3,624) (20,655) (3,933)
Earnings before income taxes 223,066 127,097 481,623 410,227
Income tax provision 57,779 31,719 130,709 104,468
NET EARNINGS $ 165,287 $ 95,378 $ 350,914 $ 305,759
WEIGHTED AVERAGE COMMON SHARES:        
Basic, shares 141,927 149,291 141,887 150,714
Diluted, shares 142,450 149,637 142,299 151,122
NET EARNINGS PER SHARE:        
Basic (in dollars per share) $ 1.16 $ 0.64 $ 2.47 $ 2.03
Diluted (in dollars per share) $ 1.16 $ 0.64 $ 2.47 $ 2.02
Used vehicle sales        
SALES AND OPERATING REVENUES:        
NET SALES AND OPERATING REVENUES $ 6,310,930 $ 5,270,712 $ 12,702,262 $ 11,374,152
TOTAL COST OF SALES 5,832,331 4,828,095 11,722,310 10,377,352
Wholesale vehicle sales        
SALES AND OPERATING REVENUES:        
NET SALES AND OPERATING REVENUES 1,358,540 1,149,568 2,786,175 2,402,306
TOTAL COST OF SALES 1,220,923 1,012,248 2,479,067 2,108,415
Total other sales and revenues        
SALES AND OPERATING REVENUES:        
NET SALES AND OPERATING REVENUES 208,440 174,404 402,992 364,767
TOTAL COST OF SALES $ 25,192 $ 36,675 $ 36,174 $ 44,169
NET SALES AND OPERATING REVENUES        
Percentage of Sales        
Item as a percent of net sales and operating revenues 100.00% 100.00% 100.00% 100.00%
Cost of revenue        
Percentage of Sales        
Item as a percent of net sales and operating revenues 89.90% 89.10% 89.60% 88.60%
GROSS PROFIT         
Percentage of Sales        
Item as a percent of net sales and operating revenues 10.10% 10.90% 10.40% 11.40%
CARMAX AUTO FINANCE INCOME         
Percentage of Sales        
Item as a percent of net sales and operating revenues 1.70% 1.60% 1.70% 1.70%
Selling, general and administrative expenses        
Percentage of Sales        
Item as a percent of net sales and operating revenues 8.00% 9.10% 8.00% 8.90%
Depreciation and Amortization, Nonproduction        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.90% 1.00% 0.90% 0.90%
Interest expense        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.40% 0.40% 0.40% 0.40%
Other (income) expense as a percent of sales        
Percentage of Sales        
Item as a percent of net sales and operating revenues (0.20%) (0.10%) (0.10%) 0.00%
Earnings before income taxes        
Percentage of Sales        
Item as a percent of net sales and operating revenues 2.80% 1.90% 3.00% 2.90%
Income tax provision        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.70% 0.50% 0.80% 0.70%
NET EARNINGS        
Percentage of Sales        
Item as a percent of net sales and operating revenues 2.10% 1.40% 2.20% 2.20%
Income Statement Location [Axis]: us-gaap:CostOfRevenue | Used vehicle sales        
Percentage of Sales        
Item as a percent of net sales and operating revenues 74.00% 73.20% 73.80% 73.40%
Income Statement Location [Axis]: us-gaap:CostOfRevenue | Wholesale vehicle sales        
Percentage of Sales        
Item as a percent of net sales and operating revenues 15.50% 15.30% 15.60% 14.90%
Income Statement Location [Axis]: us-gaap:CostOfRevenue | Total other sales and revenues        
Percentage of Sales        
Item as a percent of net sales and operating revenues 0.30% 0.60% 0.20% 0.30%
Income Statement Location [Axis]: us-gaap:Revenues | Used vehicle sales        
Percentage of Sales        
Item as a percent of net sales and operating revenues 80.10% 79.90% 79.90% 80.40%
Income Statement Location [Axis]: us-gaap:Revenues | Wholesale vehicle sales        
Percentage of Sales        
Item as a percent of net sales and operating revenues 17.20% 17.40% 17.50% 17.00%
Income Statement Location [Axis]: us-gaap:Revenues | Total other sales and revenues        
Percentage of Sales        
Item as a percent of net sales and operating revenues 2.60% 2.60% 2.50% 2.60%