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Inferra AI / Company / CPRT

Copart

CPRT · Industrials

Last earnings Sep 10, 2026

Important announcements

Copart Completes Acquisition of ACVOct 16, 2026

Key results

Revenuequarter

$56.1 million

These represent an increase in revenue of $56.1 million, or 5.2% an increase in gross profit of $56.1 million, or 12.4% and an increase in net income attributable to Copart, Inc.

SEC original ↗Copart — Earnings release (8-K exhibit)EX-99Sep 4, 2025

These represent an increase in revenue of $410.1 million, or 9.7% an increase in gross profit of $192.4 million, or 10.1% and an increase in net income attributable to Copart, Inc.

SEC original ↗Copart — Earnings release (8-K exhibit)EX-99Sep 4, 2025

Basic net incomequarter

22.9 %

$ 396,354 $ 322,567 22.9 % $ 1,552,449 $ 1,363,020 13.9 % Basic net income per common share $ 0.41 $ 0.34 20.6 % $ 1.61 $ 1.42 13.4 % Weighted average common shares outstanding 967,100 962,515 0.5 % 965,306 960,739 0.5 % Diluted net income per common share $ 0.41 $ 0.33 24.2 % $ 1.59 $ 1.40 13.6 % Diluted weighted average common shares outstanding 977,778 976,500 0.1 % 977,563 974,798 0.3 % - 3 - Copart, Inc.

SEC original ↗Copart — Earnings release (8-K exhibit)EX-99Sep 4, 2025

AI analysis

Q4 FY2025 · reported Sep 4, 2025

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Revenue · Q4 FY2025
$56.1M
EX-99 · Sep 4, 2025

Headline figures

MetricQ4 FY2025Prior qtrYear ago
Revenue$56.1 million——
Basic net income22.9 %——

EX-99 · Sep 4, 2025

Guidance · company-stated

No guidance located in the held release

Next earningsNo verified date on fileNo date is estimated or imported

Capital allocation

We record the carrying amount of the redeemable noncontrolling interests at the greater of (i) the initial carrying amount, increased or decreased for the noncontrolling interest s share of net income or loss and its share of other comprehensive income or loss, and dividends or (ii) the redemption value.

The 2026 Credit Agreement provides for an unsecured revolving credit facility in an aggregate principal amount of up to $ 1,250 million, including subfacilities for standby letters of credit and swingline loans.

General educational research only — not investment advice.Every figure is as stated in the held documents; values marked “computed from stated figures” are arithmetic on those stated figures. Guidance shown is the company’s own stated guidance. No price targets, no recommendations, no consensus estimates.

Event summary

Fully diluted earnings per share for the three months ended July 31, 2025 was $0.41 compared to $0.33 last year, an increase of 24.2%

Based on: Earnings release + parent 8-K + 10-Q — transcript not held

Guidance & outlook

No guidance located in the held release

Capital allocation

We record the carrying amount of the redeemable noncontrolling interests at the greater of (i) the initial carrying amount, increased or decreased for the noncontrolling interest s share of net income or loss and its share of other comprehensive income or loss, and dividends or (ii) the redemption value.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

The 2026 Credit Agreement provides for an unsecured revolving credit facility in an aggregate principal amount of up to $ 1,250 million, including subfacilities for standby letters of credit and swingline loans.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

The 2026 Credit Agreement replaced the previous secured revolving credit facility under the credit agreement dated December 21, 2021 by and among the Company, certain subsidiaries of the Company party thereto, the lenders party thereto, and Bank of America, N.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

Borrowings under the 2026 Credit Agreement bear interest based on the Company s option, either (1) the applicable fixed rate plus 0.75 % to 1.125 % or (2) the daily rate plus 0.0 % to 0.125 %, in each case, depending on the Company s consolidated total net leverage ratio.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

In connection with the 2026 Credit Agreement, the Company incurred $ 1.5 million in costs, which were capitalized as debt issuance fees.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

The debt issuance cost is amortized to interest expense over the term of the debt instrument and is included in other assets on the consolidated balance sheet.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

Strategy & priorities

This framework establishes a fair value hierarchy that prioritizes the inputs used to measure fair value: Level I Observable inputs that reflect unadjusted quoted prices for identical assets or liabilities traded in active markets.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

We may raise additional cash through drawdowns on our 2026 Credit Agreement or potentially issue equity to fund this expansion.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

Although the timing and magnitude of growth through expansion and acquisitions are not predictable, the opening of new greenfield facilities is contingent upon our ability to locate property that (i) is in an area in which we have a need for more capacity; (ii) has adequate size given the capacity needs; (iii) has the appropriate shape and topography for our operations; (iv) is reasonably close to a major road or highway; and (v) most importantly, has the appropriate zoning for our business.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

Risks & headwinds

These forward-looking statements are subject to substantial risks and uncertainties.

SEC original ↗Copart — Earnings release (8-K exhibit)EX-99Sep 4, 2025

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.

SEC original ↗Copart — Earnings release (8-K exhibit)EX-99Sep 4, 2025

13 Table of Contents NOTE 9 Legal Proceedings The Company is subject to threats of litigation and is involved in actual litigation and damage claims arising in the ordinary course of business, such as actions related to injuries, property damage, contract disputes, and handling or disposal of vehicles.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

Except as otherwise noted in this Note 9, there are no material pending legal proceedings to which the Company is a party, or with respect to which any of the Company s property is subject.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

The Company believes that any ultimate liability regarding existing litigation and claims would not have a material effect on its consolidated results of operations, financial position, or cash flows.

SEC original ↗Copart — 10-Q Quarterly report10-QMay 29, 2026

Competitors

Competitors & peers

Named in the company’s own filings

Rb Global Inc. (RBA)“include RB Global (including its subsidiary Insurance Auto Auctions, Inc.), Carvana, Openlane, Manheim, Inc.”Carvana (CVNA)“include RB Global (including its subsidiary Insurance Auto Auctions, Inc.), Carvana, Openlane, Manheim, Inc.”Openlane, Inc. (OPLN)“include RB Global (including its subsidiary Insurance Auto Auctions, Inc.), Carvana, Openlane, Manheim, Inc.”ACV Auctions Inc. (ACVA)“and ACV Auctions Inc. The largest national dismantler in the U.S.”
Documents

Filings

62 documents

Earnings releases

27 documents

Presentations

0 documents

No presentations for Copart are held in this edition of the library.

Transcripts

0 documents

No transcripts for Copart are held in this edition of the library.

Mentioned by

4 companies

Other tracked companies whose held documents mention Copart by name or ticker. A mention is counted once per document, from the document text the library holds.

See also the earnings calendar for every tracked company’s next earnings date.