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Apr 30, 2024
Copart Q3 2024 Earnings Report
Copart's financial results for Q3 2024 showed increased revenue, gross profit, and net income compared to the same period last year.
Key Takeaways
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.
Revenue increased by 10.3% to $1.13 billion.
Gross profit increased by 8.7% to $525.5 million.
Net income attributable to Copart, Inc. increased by 9.1% to $382.3 million.
Fully diluted earnings per share increased by 8.3% to $0.39.
Copart
Copart
Copart Revenue by Segment
Revenue by Segment
Service Revenues Revenue
CapyFin.comVehicle Sales Revenue
CapyFin.com Forward Guidance
This press release contains forward-looking statements within the meaning of federal securities laws. These forward-looking statements are subject to substantial risks and uncertainties. These forward-looking statements are subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected or implied by our statements and comments.
Revenue & Expenses
Visualization of income flow from segment revenue to net income