Copart, Inc. (NASDAQ: CPRT), a leading online vehicle auction company, has reported financial results for the first quarter of fiscal 2025.
- Total service revenues and vehicle sales increased 12% to $1.15 billion in Q1 from $1.02 billion last year
- Service revenue rose 15% annually during the October quarter, while Vehicle Sales revenues remained broadly unchanged
- Net income attributable to shareholders increased to $362.1 million or $0.37 per share in Q1 from $332.5 million or $0.34 per share a year earlier
- At $512.1 million, the gross profit for the first quarter was up 10% year-over-year
- The company reported a 3% growth in operating income to $406.4 million in Q1 from $395.4 million a year earlier
- At the end of the quarter, Copart had total assets of $8.87 billion
- The company ended the quarter with cash, cash equivalents, and restricted cash of $3.70 billion
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
