Copart, Inc. (NASDAQ: CPRT) has reported its financial results for the fourth quarter of fiscal 2025, and the numbers show significant growth compared to the same period last year.
For the three months ended July 31, 2025, Copart reported revenue of $1.1 billion, representing an increase of $56.1 million, or 5.2% from the same period last year. Gross profit for the quarter was $510 million, a substantial increase of $56.1 million, or 12.4% from the previous year. Net income attributable to Copart, Inc. for the same period showed an impressive increase of $73.8 million, or 22.9%, reaching $396 million. The fully diluted earnings per share for this quarter was $0.41, compared to $0.33 for the same period last year, marking an increase of 24.2%.
Looking at the full fiscal year ended July 31, 2025, Copart reported revenue of $4.6 billion, representing an increase of $410.1 million, or 9.7% from the previous year. Gross profit for the year was $2.1 billion, showing an increase of $192.4 million, or 10.1% from the same period last year. Net income attributable to Copart, Inc. for the full year stood at $1.6 billion, marking an increase of $189.4 million, or 13.9%. The fully diluted earnings per share for the year was $1.59, compared to $1.40 for the previous year, representing an increase of 13.6%.
These results indicate a strong financial performance for Copart, Inc. and reflect the company's successful operations in the global online vehicle auctions market. With operations in over 11 countries and a comprehensive suite of vehicle remarketing services, Copart has demonstrated its ability to drive substantial revenue and profit growth. As a result of these announcements, the company's shares have moved 3.85% on the market, and are now trading at a price of $49.97. If you want to know more, read the company's complete 8-K report here.
