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Copart
🇺🇸 NASDAQ:CPRT
•
Jan 31

Copart Q2 2025 Earnings Report

Copart reported strong revenue growth and profitability in Q2 2025.

Key Takeaways

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.

Revenue grew 14.0% year-over-year to $1.16 billion.

Net income rose 19.0% to $387.4 million.

Diluted EPS increased by 21.2% to $0.40.

Gross profit expanded by 13.2% to $525.6 million.

Total Revenue
$1.16B
Previous year: $1.02B
+14.0%
EPS
$0.4
Previous year: $0.33
+21.2%
Facility Operations Expense
$439M
Previous year: $366M
+19.9%
Cost of Vehicle Sales
$148M
Previous year: $147M
+0.6%
Operating Margin
36.6%
Gross Profit
$1.16B
Previous year: $460M
+152.8%
Cash and Equivalents
$3.34B
Previous year: $2.67B
+25.1%
Total Assets
$9.19B
Previous year: $7.6B
+20.9%

Copart Revenue

Copart EPS

Copart Revenue by Segment

Copart Revenue by Geographic Location

Forward Guidance

Copart expects continued revenue and profitability growth, supported by expansion efforts and increasing vehicle volumes.

Positive Outlook

  • Strong demand for online vehicle auctions.
  • Ongoing expansion in international markets.
  • Improved operational efficiencies boosting margins.
  • Consistent revenue growth across service and vehicle sales.
  • Healthy cash reserves for strategic investments.

Challenges Ahead

  • Potential macroeconomic uncertainties affecting vehicle supply.
  • Increasing facility operation costs.
  • Regulatory challenges in international markets.
  • Rising competition in the online auction space.
  • Potential foreign exchange risks impacting revenues.

Revenue & Expenses

Visualization of income flow from segment revenue to net income