Exhibit 99.1
MONTHLY SERVICER'S CERTIFICATE
CARMAX BUSINESS SERVICES, LLC
CARMAX AUTO OWNER TRUST
SERIES 2026-2
Collection Period09/01/26-09/30/26
Determination Date10/9/2026
Distribution Date10/15/2026
Additional information, including defined terms, can be found in the prospectus on the SEC's EDGAR system (http://www.sec.gov) under File No. 333-288943-05.



Pool Balance
1.Pool Balance on the close of the last day of the preceding Collection Period$1,004,889,580.38 
2.Collections allocable to Principal$31,023,607.64 
3.Purchase Amount allocable to Principal$0.00 
4.Defaulted Receivables$661,780.41 
5.Pool Balance on the close of the last day of the related Collection Period$973,204,192.33 
(Ln1 - Ln2 - Ln3 - Ln4)
6.Total number of Receivables outstanding on the close of the last day of the related Collection Period47,712 
7.Initial Pool Balance$1,180,905,155.32 
Beginning of PeriodEnd of Period
8.Note Balances
a. Class A-1 Note Balance
$33,135,054.60 $1,449,666.55 
b. Class A-2a Note Balance$343,300,000.00 $343,300,000.00 
c. Class A-2b Floating Rate Note Balance$75,000,000.00 $75,000,000.00 
d. Class A-3 Note Balance$418,300,000.00 $418,300,000.00 
e. Class A-4 Note Balance$74,340,000.00 $74,340,000.00 
f. Class B Note Balance$23,030,000.00 $23,030,000.00 
g. Class C Note Balance$20,070,000.00 $20,070,000.00 
h. Class D Note Balance$11,810,000.00 $11,810,000.00 
i. Note Balance (sum a - h)$998,985,054.60 $967,299,666.55 
9.Pool Factors
a. Class A-1 Note Pool Factor0.1584272 0.0069312 
b. Class A-2a Note Pool Factor1.0000000 1.0000000 
c. Class A-2b Floating Rate Note Pool Factor1.0000000 1.0000000 
d. Class A-3 Note Pool Factor1.0000000 1.0000000 
e. Class A-4 Note Pool Factor1.0000000 1.0000000 
f. Class B Note Pool Factor1.0000000 1.0000000 
g. Class C Note Pool Factor1.0000000 1.0000000 
h. Class D Note Pool Factor1.0000000 1.0000000 
i. Note Pool Factor0.8502000 0.8232338 
10.Overcollateralization Target Amount5,904,525.78 
11.Current overcollateralization amount (Pool Balance - Note Balance)5,904,525.78 
12.Weighted Average Coupon8.64 %
13.Weighted Average Original Termmonths67.29 
14.Weighted Average Remaining Termmonths57.60 
15.30 day Average SOFR for the accrual period ending 10/14/20263.64850 %
16.Note Rate applicable to the Class A-2b notes for the interest period ending 10/14/20264.09850 %
Collections
17.Finance Charges:
a. Collections allocable to Finance Charge$7,168,570.52 
b. Liquidation Proceeds allocable to Finance Charge$0.00 
c. Purchase Amount allocable to Finance Charge$0.00 
d. Available Finance Charge Collections (sum a - c)$7,168,570.52 
18.Principal:
a. Collections allocable to Principal$31,023,607.64 
b. Liquidation Proceeds allocable to Principal$95,074.23 
c. Purchase Amount allocable to Principal$0.00 
d. Available Principal Collections (sum a - c)$31,118,681.87 
19.Total Finance Charge and Principal Collections (17d + 18d)$38,287,252.39 
20.Interest Income from Collection Account$101,759.43 
21.Simple Interest Advances$0.00 
22.Available Collections (Ln19 + 20 + 21)$38,389,011.82 


Available Funds
23.Available Collections$38,389,011.82 
24.Reserve Account Draw Amount$0.00 
25.Available Funds$38,389,011.82 
Application of Available Funds
26.Servicing Fee0.15 %
a. Monthly Servicing Fee$837,407.98 
b. Amount Unpaid from Prior Months$0.00 
c. Amount Paid$837,407.98 
d. Shortfall Amount (a + b - c)$0.00 
27.Unreimbursed Servicer Advances$0.00 
28.Successor Servicer and Asset Representations Reviewer Unpaid Expenses and Indemnity Amounts
a. Successor Servicer Unpaid Transition Expenses and Indemnity Amounts (Capped at $175,000 annually)$0.00 
b. Successor Servicer Amount Paid$0.00 
c. Successor Servicer Shortfall Amount (a - b)$0.00 
d. Asset Representations Reviewer Fees, Expenses and Indemnity Amounts (Capped at $175,000 annually)$0.00 
e. Asset Representations Reviewer Amount Paid$0.00 
f. Asset Representations Reviewer Shortfall Amount (d - e)$0.00 
29.Class A Noteholder Interest Amounts
a. Class A-1 Monthly Interest$105,894.11 
b. Additional Note Interest related to Class A-1 Monthly Interest$0.00 
c. Interest Due on Additional Note Interest related to Class A-1 Monthly Interest$0.00 
d. Total Class A-1 Note Interest (sum a - c)$105,894.11 
e. Class A-2a Monthly Interest$1,175,802.50 
f. Additional Note Interest related to Class A-2a Monthly Interest$0.00 
g. Interest Due on Additional Note Interest related to Class A-2a Monthly Interest$0.00 
h. Total Class A-2a Note Interest (sum e - g)$1,175,802.50 
i. Class A-2b Monthly Interest$256,156.25 
j. Additional Note Interest related to Class A-2b Monthly Interest$0.00 
k. Interest Due on Additional Note Interest related to Class A-2b Monthly Interest$0.00 
l. Total Class A-2b Note Interest (sum i - k)$256,156.25 
m. Class A-3 Monthly Interest$1,471,021.67 
n. Additional Note Interest related to Class A-3 Monthly Interest$0.00 
o. Interest Due on Additional Note Interest related to Class A-3 Monthly Interest$0.00 
p. Total Class A-3 Note Interest (sum m - o)$1,471,021.67 
q. Class A-4 Monthly Interest$267,004.50 
r. Additional Note Interest related to Class A-4 Monthly Interest$0.00 
r. Additional Note Interest related to Class A-4 Monthly Interest$0.00 
t. Total Class A-4 Note Interest (sum q - s)$267,004.50 
30.Priority Principal Distributable Amount$0.00 
31.Class B Noteholder Interest Amount
a. Class B Monthly Interest$86,554.42 
b. Additional Note Interest related to Class B Monthly Interest$0.00 
c. Interest Due on Additional Note Interest related to Class B Monthly Interest$0.00 
d. Total Class B Note Interest (sum a - c)$86,554.42 
32.Secondary Principal Distributable Amount$0.00 
33.Class C Noteholder Interest Amount
a. Class C Monthly Interest$79,443.75 
b. Additional Note Interest related to Class C Monthly Interest$0.00 
c. Interest Due on Additional Note Interest related to Class C Monthly Interest$0.00 
d. Total Class C Note Interest (sum a - c)$79,443.75 
34.Tertiary Principal Distributable Amount$13,970,862.27 
35.Class D Noteholder Interest Amount
a. Class D Monthly Interest$50,192.50 
b. Additional Note Interest related to Class D Monthly Interest$0.00 
c. Interest Due on Additional Note Interest related to Class D Monthly Interest$0.00 
d. Total Class D Note Interest (sum a - c)$50,192.50 


36.Quaternary Principal Distributable Amount$11,810,000.00 
37.Required Payment Amount (Ln 26 + Ln 28 + (sum of Ln 29 through Ln 36))$30,110,339.95 
38.Reserve Account Deficiency$0.00 
39.Regular Principal Distributable Amount$5,904,525.78 
40.Remaining Unpaid Servicer Transition Expenses and Additional Servicing Fees, if any$0.00 
41.Remaining Unpaid Trustee and Asset Representations Reviewer Fees, Expenses and Indemnity Amounts, if any
a. Remaining Unpaid Trustee Fees, Expenses and Indemnity Amounts$0.00 
b. Remaining Unpaid Asset Representations Reviewer Fees, Expenses and Indemnity Amounts$0.00 
42.Remaining Unpaid Successor Servicer Indemnity Amounts, if any$0.00 
Collection Account Activity0.15 %
43.Deposits
a. Total Daily Deposits of Finance Charge Collections$7,168,570.52 
b. Total Daily Deposits of Principal Collections$31,118,681.87 
c. Withdrawal from Reserve Account$0.00 
d. Interest Income$101,759.43 
e. Total Deposits to Collection Account (sum a - d)$38,389,011.82 
44.Withdrawals
a. Servicing Fee and Unreimbursed Servicer Advances$837,407.98 
b. Successor Servicer Transition Expenses and Indemnity Amounts$0.00 
c. Deposit to Note Payment Account for Monthly Note Interest/Principal$35,177,457.75 
d. Deposit to Reserve Account$0.00 
e. Excess Collections (Deposit to Certificate Payment Account for payment to Certificateholder)$2,374,146.09 
f. Total Withdrawals from Collection Account (sum a - e)$38,389,011.82 
Note Payment Account Activity
45.Deposits
a. Class A-1 Interest Distribution$105,894.11 
b. Class A-2a Interest Distribution$1,175,802.50 
c. Class A-2b Interest Distribution$256,156.25 
d. Class A-3 Interest Distribution$1,471,021.67 
e. Class A-4 Interest Distribution$267,004.50 
f. Class B Interest Distribution$86,554.42 
g. Class C Interest Distribution$79,443.75 
h. Class D Interest Distribution$50,192.50 
i. Class A-1 Principal Distribution$31,685,388.05 
j. Class A-2a Principal Distribution$0.00 
k. Class A-2b Principal Distribution$0.00 
l. Class A-3 Principal Distribution$0.00 
m. Class A-4 Principal Distribution$0.00 
n. Class B Principal Distribution$0.00 
o. Class C Principal Distribution$0.00 
p. Class D Principal Distribution$0.00 
q. Total Deposits to Note Payment Account (sum a - p)$35,177,457.75 
46.Withdrawals
a. Class A-1 Distribution$31,791,282.16 
b. Class A-2a Distribution$1,175,802.50 
c. Class A-2b Distribution$256,156.25 
d. Class A-3 Distribution$1,471,021.67 
e. Class A-4 Distribution$267,004.50 
f. Class B Distribution$86,554.42 
g. Class C Distribution$79,443.75 
h. Class D Distribution$50,192.50 
i. Total Withdrawals from Note Payment Account (sum a - h)$35,177,457.75 


Certificate Payment Account Activity
47.Deposits to Certificate Payment Account from Excess Collections$2,374,146.09 
48.Withdrawals from Certificate Payment Account for Certificateholder Distribution$2,374,146.09 
Required Reserve Account Amount0.15 %
49.Required Reserve Account Amount (1.00% of Initial Pool Balance)$2,952,262.89 
Reserve Account Reconciliation
50.Beginning Balance (as of end of preceding Distribution Date)$2,952,262.89 
51.Investment Earnings$8,770.60 
52.Reserve Account Draw Amount$0.00 
53.Reserve Account Amount (Ln 50 + Ln 51 - Ln 52)$2,961,033.49 
54.Deposit from Available Funds (Ln 44d)$0.00 
55.If Reserve Account Balance exceeds Required Reserve Account Amount, payment to
a. the Note Payment Account for the payment of principal to the extent of any unfunded Regular Principal Distribution Amount; and$0.00 
b. any Successor Servicer for the payment of any unfunded Transition Costs and Additional Servicing Fee$0.00 
56.Payment to Depositor if Reserve Account Balance exceeds Required Reserve Account Amount and to the extent no unfunded amounts described in Ln 55 exist$8,770.60 
57.Ending Balance (Ln53 + Ln54 - Ln55 - Ln56)$2,952,262.89 
58.Reserve Account Deficiency (Ln50 - Ln57)$0.00 
Instructions to the Trustee
59.Amount to be deposited from the Reserve Account into the Collection Account$0.00 
60.Amount to be paid to Servicer from the Collection Account$837,407.98 
61.Amount to be deposited from the Collection Account into the Note Payment Account$35,177,457.75 
62.Amount to be deposited from the Collection Account into the Certificate Payment Account$2,374,146.09 
63.Amount to be deposited from the Collection Account into the Reserve Account$0.00 
64.Amount to be deposited from the Reserve Account, if Reserve Account Balance exceeds Required Reserve Account Amount, into
a. the Note Payment Account for any unfunded Regular Principal Distributable Amount$0.00 
b. the Depositor, if no unfunded Regular Principal distributable amount exists$8,770.60 
65.Amount to be paid to Class A-1 Noteholders from the Note Payment Account$31,791,282.16 
66.Amount to be paid to Class A-2a Noteholders from the Note Payment Account$1,175,802.50 
67.Amount to be paid to Class A-2b Noteholders from the Note Payment Account$256,156.25 
68.Amount to be paid to Class A-3 Noteholders from the Note Payment Account$1,471,021.67 
69.Amount to be paid to Class A-4 Noteholders from the Note Payment Account$267,004.50 
70.Amount to be paid to Class B Noteholders from the Note Payment Account$86,554.42 
71.Amount to be paid to Class C Noteholders from the Note Payment Account$79,443.75 
72.Amount to be paid to Class D Noteholders from the Note Payment Account$50,192.50 
73.Amount to be paid to Certificateholders from the Certificate Payment Account with respect to Excess Collections$2,374,146.09 


Delinquency Activity
Number of LoansPrincipal Balance
74.Delinquency Analysis
a. 31 to 60 days past due390$5,785,753.13 
b. 61 to 90 days past due167$2,643,693.88 
c. 91 to 120 days past due51$843,546.22 
d. 121 or more days past due0$0.00 
e. Total Past Due (sum a - d)608$9,272,993.23 
f. Delinquent Loans as a percentage of end of period Pool Balance (Ln 74e / Ln 5)0.9528 %
75.Has a Delinquency Trigger Event occurred?No
Loss Activity
Number of LoansPrincipal Balance
76.Defaulted Receivables (charge-offs)37$661,780.41 
77.Recoveries17$95,074.23 
78.Net Losses (Ln 76 - Ln 77)$566,706.18 
79.Ratio of Net Losses to Beginning of Period Pool Balance (Ln 78 / Ln 1)0.0564 %
Cumulative Loss Activity
Number of LoansPrincipal Balance
80.Defaulted Receivables (charge-offs)105$2,012,730.81 
81.Recoveries52$534,333.90 
82.Cumulative Net Losses (Ln 80 - Ln 81)$1,478,396.91 
83.Ratio of Cumulative Net Losses to Initial Pool Balance (Ln 82 / Ln 7)0.1252 %
84.Average Net Loss on Defaulted Receivables$14,079.97 
Other Servicing Information
85.Principal Balance of Receivables extended during the Collection Period$3,763,725.21 
86.Pool Balance on the close of the last day of the preceding Collection Period$1,004,889,580.38 
87.Ratio of extensions to pool balance (Ln 85 / Ln 86)0.37 %



IN WITNESS WHEREOF, the undersigned has duly executed this certificate on October 09, 2026
 
CARMAX BUSINESS SERVICES, LLC
As Servicer
By:/s/ Greg Dostich
Name:Greg Dostich
Title:Vice President and Treasurer