The financials
Copart by the numbers
Copart (CPRT) reported revenue of $1.24B in Q3 2026 (quarter ended April 30, 2026), up 2.1% from the same quarter a year earlier. That came with a gross margin of 59% and net income of $402M (33% of revenue). For the full year FY2025, revenue was $4.65B (+9.7% year on year) and net income $1.55B. Its largest segment in 2026-Q2 was US at $895M, 85% of the disclosed total, just ahead of International at 15%.
| Income statement | Q3 2026 | Q3 2025 | Change |
|---|---|---|---|
| Revenue | $1.24B | $1.21B | +2.1% |
| Gross profit | $733M | $722M | +1.5% |
| Operating income | $464M | $452M | +2.8% |
| Net income | $402M | $407M | −1.0% |
| Diluted EPS | $0.43 | $0.42 | +2.4% |
| Operating | Revenue | Share |
|---|---|---|
| US | $895M | 85% |
| International | $161M | 15% |
Business Segments
Revenue split by operating segment, from SEC XBRL filings.
Latest period: Q2 2026Total $1.06B (+11%)
International grew +18% year on yearUS -0.35% year on year
Segment Latestquarter on quarteryear on year
- US$895.5M$895.5MQoQ +9.3%year on year -0.35%+9.3%-0.35%
- International$160.6M$160.6MQoQ +21%year on year +18%+21%+18%
- International--QoQ -year on year ---
Specialty Business Services
Ranks #2 of 18 by Smart Score