CRMT AMERICAS CARMART INC

Overview and Growth

AMERICAS CARMART INC generated $1.28B of revenue in fiscal 2026, with net loss of $139.15M and an operating cash inflow of $64.96M. The $1.28B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $1.39B in fiscal 2025, revenue decreased 7.9%, a top-line contraction that reduced operating scale. On a per-share basis, diluted EPS was -$16.79, which connects the reported earnings outcome with the company’s diluted share count. Against diluted EPS of $2.33 in fiscal 2025, the current result was 820.6% lower. A diluted share base of 8.29M links the aggregate earnings figure to diluted EPS and helps frame the per-share comparison. Diluted shares moved 7.9% from 7.68M in fiscal 2025, leaving the current share base higher year over year. The company employed $1.42B of total assets, the balance-sheet base supporting its current operating and cash-flow results. Revenue equaled 0.9x of total assets, indicating how much reported top-line activity the company produced relative to its period-end asset base.

Profitability

After reported cost of revenue, the company retained $617.52M as gross profit before recognizing operating expenses and other items. The gross-profit relationship equaled 48.2% of revenue, quantifying the portion retained before operating expenses were recognized. After all below-operating-line items, the company recorded a net loss of $139.15M for the fiscal year. The net loss equaled 10.9% of revenue, showing the bottom-line deficit relative to the company’s sales base. The pretax result was a loss of $107.98M, establishing the deficit before tax effects. Pretax margin was -8.4%, reflecting a pre-tax loss equal to 8.4% of revenue. The reported income-tax provision was $31.13M, the amount recognized between pretax income and the final net-income result. The loss-to-equity relationship was 31.2%, placing the bottom-line deficit against shareholder capital. The net loss equaled 9.8% of period-end assets, showing the deficit relative to the asset base. The bottom line deteriorated from $17.89M of income in fiscal 2025 to a $139.15M loss.

Liquidity and Capital Structure

Total assets were $1.42B, supported by $970.78M of liabilities and $445.66M of shareholder equity. Reported cash and equivalents were $46.96M, separating immediately recognizable cash resources from the rest of the current-asset base. Book equity represented 31.5% of total assets, quantifying the balance-sheet share supported by shareholder capital. Liabilities represented 68.5% of total assets, quantifying the liability-funded share of the company’s resource base. Cash and equivalents equaled 3.3% of total assets, showing the liquid cash component within the company’s broader resource base. Compared with $1.61B in fiscal 2025, the current asset base moved 11.8% and finished lower. Reported equity changed 21.7% from $569.52M in fiscal 2025, placing the current capital base lower year over year. Cash and equivalents were 378.8% higher than fiscal 2025 cash of $9.81M, showing the year-over-year change in liquid resources.

Cash Flow and Earnings Quality

Cash flow from operations was $64.96M, a reported cash inflow that can be compared directly with net income and capital spending. The cash-flow statement records $1.81M of capital expenditures, the investment amount considered after operating cash generation. Capital spending absorbed 2.8% of operating cash flow, quantifying the share of cash from operations directed to investment. After capital spending, free cash flow was $63.15M, leaving cash available for debt reduction, shareholder returns, or further investment. The free-cash-flow margin was 4.9%, measuring cash remaining after capital spending against revenue. Measured against total assets, free cash flow represented 4.5%, showing the cash productivity of the company’s assets. Operating cash flow moved from a $48.76M outflow in fiscal 2025 to a $64.96M inflow.

Based on the annual report for the fiscal year ending Apr 30, 2026. Analysis generated Oct 21, 2026.