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Oct 31, 2024

Copart Q1 2025 Earnings Report

Copart reported an increase in revenue, gross profit, and net income for the quarter ended October 31, 2024, compared to the same period last year.

Key Takeaways

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.

Revenue increased by 12.4% year-over-year, reaching $1.15 billion.

Gross profit increased by 10.4% year-over-year, totaling $512.1 million.

Net income attributable to Copart, Inc. increased by 8.9% year-over-year, amounting to $362.1 million.

Fully diluted earnings per share increased by 8.8% to $0.37.

Total Revenue
$1.15B
Previous year: $1.02B
+12.4%
EPS
$0.37
Previous year: $0.34
+8.8%
Yard operations
$447M
Previous year: $368M
+21.6%
Cost of vehicle sales
$138M
Previous year: $148M
-6.6%
Gross Profit
$512M
Previous year: $464M
+10.4%
Cash and Equivalents
$3.7B
Previous year: $2.58B
+43.3%
Free Cash Flow
$246M
Previous year: $213M
+15.3%
Total Assets
$8.87B
Previous year: $7.33B
+20.9%

Copart

Copart

Forward Guidance

This press release contains forward-looking statements within the meaning of federal securities laws and are subject to substantial risks and uncertainties.