COPART INC

Listed Company

CPRTCIK 0000900075NasdaqLarge AcceleratedRetail-Auto Dealers & Gasoline StationsDelawareFY ends Jul 31

Period

FY 2025

Revenue

—

Net Income

$1.55B

Total Assets

$10.09B

Equity

$9.19B

Shares Out

925.81M

Op. Cash Flow

$1.80B

CPRT$27.59−40.42% · past yearDBEQ Basic

Daily closing prices

Business

Copart Inc. is a leading global provider of online vehicle auctions and remarketing services. The company processes salvage and non-salvage vehicles primarily for insurance companies, as well as dealers, individuals, and other sellers, through its Virtual Bidding Third Generation (VB3) internet auction platform. Copart operates through U.S. and International segments across facilities in the United States, United Kingdom, Germany, Brazil, Canada, United Arab Emirates, Spain, Finland, Oman, Ireland, and Bahrain. The company generates revenue primarily from auction and auction-related transaction fees charged to sellers, as well as from purchased vehicle resales in certain markets.

Summary from 10-K filed 2025-09-26

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-07-31	FY 2024 2024-07-31	FY 2023 2023-07-31	FY 2022 2022-07-31	FY 2021 2021-07-31
Total service revenues and vehicle sales	4,647	4,237	3,870	3,501	2,693
Facility operations	1,944	1,710	1,518	1,309	1,003
Cost of vehicle sales	603	619	614	585	346
General and administrative	403	335	250	231	207
Total operating expenses	2,950	2,665	2,383	2,126	1,556
Operating income	1,697	1,572	1,487	1,375	1,136
Interest income (expense), net	179	146	66	−17	—
Other income (expense), net	20	−3	2	−596,000	6
Total other income	199	143	68	−34	−15
Income before income taxes	1,896	1,715	1,554	1,341	1,122
Income tax expense	347	352	317	251	185
Net income	1,548	1,362	1,238	1,090	936
Less: Net income (loss) attributable to redeemable noncontrolling interest	−4	−673,000	0	0	—
Net income attributable to Copart, Inc.	1,552	1,363	1,238	1,090	936
Basic net income per common share (in dollars per share)	1.61	1.42	1.3	1.15	0.99
Weighted average common shares outstanding (in shares)	965	961	954	950	945
Diluted net income per common share (in dollars per share)	1.59	1.4	1.28	1.13	0.97
Diluted weighted average common shares outstanding (in shares)	978	975	967	965	961

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-07-31	FY 2024 2024-07-31	FY 2023 2023-07-31	FY 2022 2022-07-31	FY 2021 2021-07-31
Cash, cash equivalents, and restricted cash	2,781	1,514	957	1,384	1,048
Investment in held to maturity securities	2,009	1,908	1,407	0	—
Accounts receivable, net	763	786	702	579	481
Vehicle pooling costs	116	133	124	112	94
Inventories	40	44	40	59	45
Income taxes receivable	580,000	0	7	50	20
Prepaid expenses and other assets	46	34	26	19	14
Total current assets	5,755	4,418	3,263	2,202	1,703
Property and equipment, net	3,598	3,176	2,844	2,486	2,297
Operating lease right-of-use assets	100	116	108	116	119
Intangibles, net	63	74	63	55	—
Goodwill	518	514	394	402	356
Other assets	58	129	66	48	42
Total assets	10,091	8,428	6,738	5,309	4,562
Accounts payable and accrued liabilities	592	518	441	399	370
Deferred revenue	30	28	26	20	—
Income taxes payable	41	61	4	0	8
Current portion of operating and finance lease liabilities	20	21	21	—	—
Total current liabilities	683	629	493	441	421
Deferred income taxes	81	94	89	80	64
Income taxes payable	36	60	69	65	52
Operating and finance lease liabilities, net of current portion	84	97	88	—	—
Total liabilities	883	879	750	683	1,033
Commitments and contingencies	—	—	—	—	—
Redeemable non-controlling interest	20	25	0	—	—
Preferred stock: $0.0001 par value5,000,000 shares authorized; none issued	0	0	0	0	0
Common stock: $0.0001 par value1,600,000,000 shares authorized; 967,478,690 and 962,967,011 shares issued and outstanding, respectively	97,000	96,000	96,000	96,000	—
Additional paid-in capital	1,214	1,121	939	838	762
Accumulated other comprehensive loss	−120	−143	−141	−169	−101
Retained earnings	8,093	6,546	5,189	3,956	2,868
Total stockholders equity	9,187	7,524	5,987	4,626	3,529
Total liabilities, redeemable noncontrolling interests and stockholders equity	10,091	8,428	6,738	5,309	4,562

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-07-31	FY 2024 2024-07-31	FY 2023 2023-07-31	FY 2022 2022-07-31	FY 2021 2021-07-31
Depreciation and amortization, including debt cost	218	190	160	139	123
Allowance for credit losses	354,000	4	2	1	−1
Gain on extinguishment of liabilities	0	−4	0	0	—
Equity in (income) losses of unconsolidated affiliates	−149,000	2	5	284,000	−3
Stock-based compensation	38	35	40	39	41
Gain on sale of property and equipment	−14	−2	−2	−939,000	−1
Deferred income (benefits) taxes	−13	−847,000	10	17	−8
Accounts receivable	−34	−145	−123	−98	−128
Vehicle pooling costs	17	−10	−11	−18	−20
Inventories	5	−4	27	−11	−25
Prepaid expenses and other current and non-current assets	8	−71	−60	−5	7
Operating lease right-of-use assets and lease liabilities	478,000	1	350,000	715,000	570,000
Accounts payable and accrued liabilities	70	60	18	36	45
Deferred revenue	2	2	6	−574,000	9
Income taxes receivable	−575,000	7	33	−30	7
Income taxes payable	−44	47	22	49,000	9
Net cash provided by operating activities	1,800	1,473	1,364	1,177	991
Purchases of property and equipment	−569	−511	−517	−337	−463
Assets and liabilities acquired in connection with acquisition	−1	—	0	−107	−5
Assets and liabilities acquired in connection with acquisition	—	18	0	—	—
Proceeds from sale of property and equipment	32	4	34	4	3
Investment in held to maturity securities	−4,002	−4,087	−1,407	−375	0
Proceeds from held to maturity securities	3,960	3,645	0	375	0
Investment in unconsolidated affiliate	−7	−9	−3	−3	0
Net cash used in investing activities	−587	−940	−1,892	−442	−465
Proceeds from the exercise of stock options	43	24	50	28	39
Proceeds from the issuance of Employee Stock Purchase Plan shares	15	12	11	10	9
Payments for employee stock-based tax withholdings	−5	−7	−5	−2	−6
Issuance of principal on revolver facility	0	0	44	0	0
Principal payments on revolver facility	0	−11	−34	0	0
Payments of finance lease obligations	−49,000	−14,000	−23,000	−530,000	−1
Net cash provided by financing activities	52	19	67	−383	41
Effect of foreign currency translation	2	5	34	−16	4
Net increase (decrease) in cash, cash equivalents, and restricted cash	1,266	557	−427	336	571
Interest paid	2	3	3	19	20
Income taxes paid, net of refunds	409	286	258	263	178
Purchase of property and equipment through settlement of deposit	64	0	0	—	—

Filings

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Frequently asked questions

What is COPART INC's CIK number?

COPART INC's SEC CIK number is 0000900075 (900075). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find COPART INC's SEC filings?

All of COPART INC's EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did COPART INC last report earnings?

COPART INC (CPRT) most recently filed an earnings 8-K with the SEC on May 21, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001193125-26-234447). This is COPART INC's most recent earnings filing of record — not a forecast of its next earnings date.

What is COPART INC's most recent earnings 8-K?

COPART INC's latest earnings 8-K (Item 2.02) was filed May 21, 2026 under accession 0001193125-26-234447. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View COPART INC's latest earnings 8-K →
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