Copart, Inc. (NASDAQ: CPRT) has released its financial results for the first quarter of fiscal 2026, ending on October 31, 2025. The company reported revenue of $1.16 billion, representing a 0.7% increase from the same period last year. Gross profit for the quarter was $537.0 million, marking a 4.9% increase from the previous year. Net income attributable to Copart, Inc. also saw significant growth, reaching $403.7 million, which is an 11.5% increase from the same period last year.
The company's fully diluted earnings per share for the three months ended October 31, 2025, stood at $0.41, compared to $0.37 in the previous year, reflecting an 11.7% increase.
These results indicate a positive trend in the company's financial performance and highlight its ability to generate higher revenue and profitability compared to the previous year.
Copart, Inc. will be conducting a conference call to discuss these results on Thursday, November 20, 2025, at 5:30 p.m. Eastern Time (4:30 p.m. Central Time). The call will also be accessible via webcast on the company's investor relations website.
Copart, Inc., founded in 1982, operates globally in online vehicle auctions, connecting vehicle consignors to approximately 1 million members across over 185 countries. The company offers a range of vehicle remarketing services and operates in 11 countries, with over 250 locations, having sold more than 4 million units in the last year. Following these announcements, the company's shares moved -0.85%, and are now trading at a price of $41.02. For more information, read the company's full 8-K submission here.
