CopartCPRTEarnings & Financial Report
Copart, Inc. is a multinational provider of online vehicle auction and remarketing services to automotive resellers such as insurance, rental car, fleet, and finance companies in 11 countries: the US, Canada, the UK, Germany, Ireland, Brazil, Spain, UAE, Bahrain, Oman, and Finland. Headquartered in Dallas, Texas, Copart has more than 200 physical locations, where it houses more than 10,000 acres of vehicle inventory.
Revenue
$1.2B
Gross Profit
N/A
Operating Profit
$451.5M
Net Profit
$406.6M
Gross Margin
N/A
Operating Margin
37.3%
Net Margin
33.6%
YoY Growth
7.5%
EPS
$0.42
Copart Q3 FY2025 Financial Summary
Copart reported revenue of $1.2B (up 7.5% YoY) for Q3 FY2025, with a net profit of $406.6M (up 6.4% YoY) (33.6% margin).
Key Financial Metrics
| Total Revenue | $1.2B |
|---|---|
| Net Profit | $406.6M |
| Gross Margin | N/A |
| Operating Margin | 37.3% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Copart Q3 FY2025 revenue of $1.2B breaks down across 2 segments, led by Services at $1.0B (85.4% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Services | $1.0B | 85.4% |
| Products | $176.9M | 14.6% |
Copart Revenue by Segment — Quarterly Trend
Copart revenue by segment across the last 4 reported quarters, showing how each business line (such as Services and Products) has evolved quarter over quarter.
| Segment | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Services | $952.1M | $956.2M | $1.0B | $991.3M |
| Products | — | $168.9M | $176.9M | $172.0M |
Copart Annual Revenue by Year
Copart annual revenue history includes year-by-year totals (for example, 2025 revenue was $4.6B).
| Year | Annual Revenue |
|---|---|
| 2025 | $4.6B |
| 2024 | $4.2B |
Copart Quarterly Revenue & Net Profit History
Copart results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $1.2B | +0.7% | $403.7M | 35.0% |
| Q4 FY2025 | $1.1B | +5.2% | $396.4M | 35.2% |
| Q3 FY2025 | $1.2B | +7.5% | $406.6M | 33.6% |
| Q2 FY2025 | $1.2B | +14.0% | $387.4M | 33.3% |
| Q1 FY2025 | $1.1B | +12.4% | $362.1M | 31.6% |
| Q4 FY2024 | $1.1B | +7.2% | $322.6M | 30.2% |
| Q3 FY2024 | $1.1B | +10.3% | $382.3M | 33.9% |
| Q2 FY2024 | $1.0B | +6.6% | $325.6M | 31.9% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.02B | $1.13B | $1.07B | $1.15B | $1.16B | $1.21B | $1.13B | $1.16B |
| YoY Growth | 6.6% | 10.3% | 7.2% | 12.4% | 14.0% | 7.5% | 5.2% | 0.7% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $7.60B | $8.01B | $8.43B | $8.87B | $9.19B | $9.67B | $10.09B | $10.58B |
| Liabilities | $785.8M | $814.4M | $879.2M | $949.5M | $863.3M | $869.5M | $883.4M | $961.9M |
| Equity | $6.79B | $7.17B | $7.52B | $7.90B | $8.30B | $8.78B | $9.19B | $9.60B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $161.8M | $496.3M | $439.2M | $482.3M | $178.1M | $700.9M | $438.5M | $535.3M |