Copart, Inc. (NASDAQ: CPRT), a market leader in online vehicle auctioning, has announced financial results for the fourth quarter of 2025, reporting an increase in revenue and net profit.
- In the fourth quarter of fiscal 2025, revenues increased 5.2% from last year to $1.1 billion
- Services revenue grew 7.1% annually, which was partially offset by a 4% decrease in Vehicle Sales revenue
- At $396.3 million, fourth quarter net income was up 23% from the corresponding quarter last year
- On a per-share basis, earnings rose to $0.41 in Q4 from $0.33 in the prior-year quarter
- Q4 gross profit rose 12.4% annually to $510 million; operating income was $412.6 million in the July quarter, up 15%
- Total operating expenses increased modestly to $712.5 million during the three months