Copart, Inc. (CPRT) Income Statement
CPRT FY2026 at a glance
Fiscal year ended July 31, 2026 · U.S. dollarsCPRT revenue and net income
Where CPRT's revenue goes
FY2026Each bar shows an amount and its share of revenue. CPRT kept 31.8% of revenue as net income.
CPRT profit margins
CPRT growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.4% | +6.4% | +11.6% | +13.9% |
| Gross profit | −0.8% | +6.3% | +9.2% | +14.4% |
| Operating income | −2.6% | +3.6% | +7.8% | +15.1% |
| Net income | −4.4% | +6.2% | +9.6% | +18.6% |
| EPS (diluted) | −3.1% | +6.9% | +5.4% | +16.0% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
CPRT quarterly EPS vs estimates
Copart beat the analyst EPS estimate in 6 of the last 8 quarters. Next report: November 19, 2026 (estimate $0.41).
CPRT income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.67B | $4.65B | $4.24B | $3.87B | $3.50B | $2.69B | $2.21B | $2.04B | $1.81B | $1.45B |
| Cost of revenue | $2.58B | $2.55B | $2.33B | $2.13B | $1.89B | $1.35B | $1.20B | $1.14B | $1.04B | $833.0M |
| Gross profit | $2.08B | $2.10B | $1.91B | $1.74B | $1.61B | $1.34B | $1.01B | $898.3M | $762.4M | $615.0M |
| Research & development | — | — | — | — | — | — | — | — | $15.5M | $19.4M |
| Sales, general & admin | $431.3M | $349.0M | $335.2M | $250.4M | $231.2M | $206.7M | $191.7M | $181.9M | $171.0M | $157.0M |
| Total operating expenses | $431.3M | $402.9M | $335.2M | $250.4M | $231.2M | $206.7M | $191.7M | $181.9M | $178.0M | $200.4M |
| Operating income | $1.65B | $1.70B | $1.57B | $1.49B | $1.37B | $1.14B | $816.1M | $716.5M | $584.3M | $461.3M |
| Interest income | — | — | — | — | — | — | $1.4M | $2.2M | $1.3M | $1.4M |
| Interest expense | — | $178.9M | $145.7M | $65.9M | $16.7M | $20.2M | $20.2M | $19.8M | $20.4M | $23.8M |
| Income before taxes | $1.83B | $1.90B | $1.71B | $1.55B | $1.34B | $1.12B | $800.8M | $705.0M | $562.5M | $440.1M |
| Income taxes | $354.6M | $347.2M | $352.3M | $316.6M | $250.8M | $185.4M | $100.9M | $113.3M | $144.5M | $45.8M |
| Net income | $1.48B | $1.55B | $1.36B | $1.24B | $1.09B | $936.5M | $699.9M | $591.7M | $417.9M | $394.2M |
| EBITDA | $2.06B | $2.11B | $1.90B | $1.71B | $1.50B | $1.27B | $922.5M | $809.7M | $661.9M | $521.3M |
| EPS (diluted) | $1.55 | $1.60 | $1.39 | $1.27 | $1.40 | $1.19 | $0.63 | $0.57 | $0.54 | $0.41 |
| Gross margin | 44.7% | 45.2% | 45.0% | 44.9% | 45.9% | 49.9% | 45.7% | 44.0% | 42.2% | 42.5% |
| Operating margin | 35.4% | 36.5% | 37.1% | 38.4% | 39.3% | 42.2% | 37.0% | 35.1% | 32.4% | 31.9% |
| Net margin | 31.8% | 33.4% | 32.2% | 32.0% | 31.1% | 34.8% | 31.7% | 29.0% | 23.1% | 27.2% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.15B | $1.24B | $1.12B | $1.16B | $1.13B | $1.21B | $1.16B | $1.15B | $1.07B | $1.13B | $1.02B | $1.02B |
| Cost of revenue | $671.0M | $664.5M | $628.9M | $618.0M | $615.4M | $659.4M | $637.8M | $634.7M | $606.4M | $606.7M | $560.1M | $556.4M |
| Gross profit | $481.4M | $572.6M | $492.8M | $537.0M | $509.7M | $552.3M | $525.6M | $512.1M | $462.6M | $520.6M | $460.1M | $464.0M |
| Sales, general & admin | $155.9M | $93.7M | $89.4M | $92.3M | $83.9M | $100.7M | $99.3M | $105.7M | $94.0M | $88.3M | $84.3M | $64.6M |
| Total operating expenses | $112.5M | $108.3M | $104.1M | $106.3M | $97.1M | $100.7M | $99.3M | $105.7M | $103.0M | $83.4M | $80.2M | $68.6M |
| Operating income | $368.9M | $464.3M | $388.7M | $430.7M | $412.6M | $451.5M | $426.2M | $406.4M | $359.5M | $437.2M | $379.9M | $395.4M |
| Interest income | — | $38.8M | $50.0M | $53.5M | — | $42.8M | $40.7M | $45.5M | — | $36.2M | $34.0M | $32.0M |
| Interest expense | — | — | — | — | $49.8M | — | — | — | $43.5M | — | — | — |
| Income before taxes | $404.7M | $502.1M | $441.0M | $487.1M | $478.4M | $502.8M | $463.1M | $451.3M | $408.4M | $472.1M | $410.8M | $423.3M |
| Income taxes | $77.9M | $100.7M | $91.1M | $84.9M | $83.1M | $97.5M | $76.5M | $90.1M | $86.2M | $90.0M | $85.2M | $90.8M |
| Net income | $327.4M | $402.4M | $350.7M | $403.7M | $396.4M | $406.6M | $387.4M | $362.1M | $322.6M | $382.3M | $325.6M | $332.5M |
| EBITDA | $474.4M | $561.2M | $496.6M | $541.3M | $532.5M | $557.3M | $517.3M | $506.2M | $459.5M | $522.8M | $456.0M | $439.9M |
| EPS (diluted) | $0.35 | $0.43 | $0.36 | $0.41 | $0.41 | $0.42 | $0.40 | $0.37 | $0.33 | $0.39 | $0.33 | $0.34 |
| Gross margin | 41.8% | 46.3% | 43.9% | 46.5% | 45.3% | 45.6% | 45.2% | 44.7% | 43.3% | 46.2% | 45.1% | 45.5% |
| Operating margin | 32.0% | 37.5% | 34.7% | 37.3% | 36.7% | 37.3% | 36.6% | 35.4% | 33.6% | 38.8% | 37.2% | 38.7% |
| Net margin | 28.4% | 32.5% | 31.3% | 35.0% | 35.2% | 33.6% | 33.3% | 31.6% | 30.2% | 33.9% | 31.9% | 32.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in CPRT's financial statements (latest annual report filed September 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
CPRT financial results
In fiscal year 2026 (ended July 31, 2026), Copart reported revenue of $4.7 billion, up 0.4% from the year before. It had net income of $1.5 billion (down 4.4%), a net profit margin of 31.8%. Diluted earnings per share came to $1.55. Over five years revenue grew at an average rate of 11.6% a year.
See the CPRT stock overview for the latest quote and news, or the CPRT chart for price history and technical indicators.
CPRT income statement FAQ
What is Copart's annual revenue?
Copart reported total revenue of $4.7 billion for fiscal year 2026, which ended on July 31, 2026. That was up 0.4% from $4.6 billion the previous year.
Is Copart profitable?
Yes. Copart reported net income of $1.5 billion in fiscal 2026, a net profit margin of 31.8%; its operating margin was 35.4%.
What is Copart's gross margin?
Copart's gross margin was 44.7% in fiscal 2026: for every $100 of revenue, Copart kept $45 after the direct cost of its products and services.
How fast is Copart growing?
Revenue grew 11.6% a year on average over the last five fiscal years, from $2.7 billion to $4.7 billion.
What are Copart's earnings per share?
Copart earned $1.55 per diluted share in fiscal 2026, compared with $1.60 a year earlier.
When will Copart report its next earnings?
Copart is expected to report results for the quarter ending October 31, 2026 on November 19, 2026 after the market closes.
When does Copart's fiscal year end?
Copart's fiscal year ends in July. The latest annual report covers the year ended July 31, 2026 and was filed on September 29, 2026.