Copart Earnings Reports

Copart delivered a steady Q1 with revenue topping $1.15 billion and net income increasing over 11%. Strong operating cash flow and a healthy balance sheet were highlights.

Copart delivered a strong Q4 2025 performance, driven by higher service revenues and improved profitability. Net income rose nearly 23% while EPS climbed to $0.41.

Copart delivered a solid Q3 FY25 performance with steady growth in revenue and net income, supported by robust service revenues and disciplined cost management.

Copart, Inc. posted solid financial results for Q2 2025, with revenue reaching $1.16 billion, marking a 14.0% increase from the previous year. Net income rose by 19.0% to $387.4 million, while diluted EPS increased by 21.2% to $0.40. Gross profit expanded by 13.2% to $525.6 million, reflecting improved operational efficiency.

Copart's Q1 2025 financial results showed growth across key metrics. Revenue increased by 12.4% to $1.15 billion, gross profit rose by 10.4% to $512.1 million, and net income attributable to Copart, Inc. increased by 8.9% to $362.1 million.

Copart reported a 7.2% increase in revenue for Q4 2024, reaching $1.1 billion. However, the company experienced a slight decrease in gross profit and a more significant decrease in net income, with EPS decreasing by 8.3% to $0.33.

Copart reported a 10.3% increase in revenue, an 8.7% increase in gross profit, and a 9.1% increase in net income for the quarter ended April 30, 2024, compared to the same period last year.

Copart's Q2 2024 financial results revealed an increase in revenue, gross profit, and net income, marking a positive trajectory compared to the previous year. The company reported revenue of $1.02 billion, gross profit of $464.2 million, and net income of $325.6 million.

Copart's first quarter of fiscal year 2024 demonstrated strong financial results. Revenue increased by 14.2% to $1,020.4 million, gross profit rose by 25.6% to $464.0 million, and net income increased by 35.3% to $332.5 million compared to the same period last year. Fully diluted earnings per share increased by 36.0% to $0.34.

Copart's Q4 2023 financial results showed significant growth compared to the same period last year. Revenue increased by 12.9%, gross profit by 19.9%, and net income by 31.9%.

Copart's Q3 2023 financial results revealed an 8.7% increase in revenue, a 10.8% increase in gross profit, and a 25.8% increase in net income compared to the same period last year.

Copart reported an increase in revenue, gross profit and net income for the quarter ended January 31, 2023. Revenue increased by 10.3%, gross profit increased by 5.7%, and net income increased by 2.2% compared to the same period last year. Fully diluted earnings per share increased by 1.7%.

Copart's first quarter fiscal 2023 results revealed a 10.3% increase in revenue, but a 4.0% decrease in gross profit and a 5.6% decrease in net income compared to the same period last year. The operating results were negatively impacted by Hurricane Ian, resulting in approximately $25 million in additional costs.

Copart reported an 18.0% increase in revenue, a 6.7% increase in gross profit, and a 3.0% increase in net income compared to the same period last year. The company's fully diluted earnings per share increased by 3.8%.

Copart reported an increase in revenue and gross profit, but a decrease in net income for the quarter ended April 30, 2022. Revenue increased by 28.1%, gross profit increased by 14.4%, while net income decreased by 2.9% compared to the same period last year.

Copart reported a strong second quarter for fiscal year 2022, with revenue increasing by 40.6% and net income increasing by 48.6% compared to the same period last year. Fully diluted earnings per share increased by 46.9%.

Copart reported a strong first quarter in fiscal year 2022, with revenue increasing by 36.6% to $810.1 million, gross profit increasing by 29.7% to $385.0 million, and net income increasing by 30.0% to $260.4 million compared to the same period last year. Diluted earnings per share increased by 30.1% to $1.08, and non-GAAP diluted earnings per share increased by 35.4% to $1.07.

Copart's Q4 2021 financial results showcased substantial growth, with a 42.4% increase in revenue, a 42.7% increase in gross profit, and a 54.6% increase in net income compared to the same period last year. Fully diluted earnings per share increased by 53.6%.

Copart reported a robust increase in revenue, gross profit, and net income for the quarter ended April 30, 2021. Revenue increased by 33.4%, gross profit by 57.2%, and net income by 94.5% compared to the same period last year. Fully diluted earnings per share increased by 91.9%.

Copart reported an increase in revenue, gross profit, and net income for the quarter ended January 31, 2021, compared to the same period last year. Revenue increased by 7.3%, gross profit increased by 18.3%, and net income increased by 14.7%.

Copart reported an increase in revenue and gross profit, but a decrease in net income for the quarter ended October 31, 2020. Revenue increased by 6.9%, gross profit increased by 16.4%, and net income decreased by 8.2% compared to the same period last year.

Copart reported a slight decrease in revenue but an increase in gross profit and net income for the quarter ended July 31, 2020. Revenue decreased by 3.1%, while gross profit increased by 3.2% and net income increased by 7.8%.

Copart reported a decrease in revenue, gross profit, and net income for the quarter ended April 30, 2020, compared to the same period last year. Revenue decreased by 0.5%, gross profit decreased by 3.6%, and net income decreased by 23.5%.

Copart reported strong second quarter fiscal 2020 financial results, with an 18.6% increase in revenue, a 24.8% increase in gross profit, and a 28.4% increase in net income compared to the same period last year. Fully diluted earnings per share increased by 29.1%.