Copart Reports Boost in Revenue, Gross Profit

Copart Reports Boost in Revenue, Gross Profit

Copart, Inc. on Nov. 21 reported financial results for the quarter ended October 31, 2025.

For the three months 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. These represent an increase in revenue of $8.2 million, or 0.7%; an increase in gross profit of $24.9 million, or 4.9%; and an increase in net income attributable to Copart, Inc. of $41.6 million, or 11.5%, respectively, from the same period last year. Fully diluted earnings per share for three months ended October 31, 2025, was $0.41 compared to $0.37 last year, an increase of 11.7%.