- Total service revenues and vehicle sales increased modestly to $1.16 billion in Q1 from $1.15 billion in the prior-year quarter
- Net income attributable to the company rose to $403.7 million or $0.41 per share from $362.1 million or $0.37 per share last year
- First-quarter gross profit increased about 5% to $537 million from $512 million in the year-ago quarter
- Operating income was $430.7 million in the October quarter, vs. $512.1 million in Q1 2025
- Q1 operating expenses declined 2.2% to $724.3 million from $740.5 million last year
- Service revenue and vehicle sales increased by 0.6% and 1.7%, respectively, from the year-ago quarter
- Net cash provided by operating activities was $535.3 million in Q1, vs. $482.3 million last year
Market News
Earnings Summary: Highlights of Copart’s Q1 2026 report
Copart, Inc. (NASDAQ: CPRT), a market leader in online vehicle auctioning, has reported an increase in sales and net income for the first quarter of fiscal 2026. Total service revenues and vehicle sales increased modestly to $1.16 billion in Q1 from $1.15 billion in the prior-year quarter Net income attributable to the company rose to $403.7 […]
“Copart, Inc. (NASDAQ: CPRT), a market leader in online vehicle auctioning, has reported an increase in sales and net income for the first quarter of fiscal 2026. Total service revenues and vehicle sales increased modestly to $1.16 billion in Q1 from $1.15 billion in the prior-year quarter Net income attributable to the company rose to $403.7 […]
· November 24, 2025
Copart, Inc. (NASDAQ: CPRT), a market leader in online vehicle auctioning, has reported an increase in sales and net income for the first quarter of fiscal 2026.
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