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Copart Reports First Quarter Fiscal 2026 Financial Results

Copart, Inc. (CPRT) | November 20, 2025

By Xander Turner

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Copart, Inc. (NASDAQ: CPRT) reported financial results for the quarter ended October 31, 2025.

Revenue, gross profit, and net income attributable to Copart, Inc. were $1.16 billion, $537.0 million, and $403.7 million, respectively.

The financial results showed increases in revenue by 0.7%, gross profit by 4.9%, and net income by 11.5% compared to the same period last year.

Revenue Growth

Revenue increased by $8.2 million, representing a 0.7% growth compared to the previous year.

Profit Increase

Gross profit rose by $24.9 million, demonstrating a 4.9% increase from the previous year.

Earnings per Share

Diluted earnings per share for the quarter ended October 31, 2025, were $0.41, indicating an 11.7% increase from the previous year.

  • Copart's financial performance showed positive growth in revenue, gross profit, and net income, reflecting the company's operational strength and market positioning.
  • The increase in revenue and profit margins indicates efficient cost management and revenue generation strategies implemented by Copart.

Copart's first-quarter financial results demonstrate a steady growth trajectory, showcasing the company's ability to navigate market challenges and achieve positive outcomes.