Categories Earnings, Finance

Earnings Summary: Copart Q2 earnings rise 21% on double-digit revenue growth

Copart, Inc. (NASDAQ: CPRT), a leading online vehicle auction company, has reported a sharp increase in revenues and earnings for the second quarter of 2025.

  • The company’s total service revenues and vehicle sales increased 14% from last year to $1.16 billion in the January quarter
  • Service revenue moved up 15% and vehicle sales rose 8.6% in the second quarter
  • Earnings, on a per-share basis, grew 21% annually to $0.40 during the three months
  • Second-quarter net income was $387.4 million, up 19% from the prior-year period
  • At $525.6 million, gross profit was up 13.2% during the three-month period
  • Operating income increased to $426.2 million in Q2 from $379.9 million a year earlier

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