Quarterly ResultMay 21, 2026, 04:24 PM
Copart Q3 Revenue $1.2B (+2.1%); EPS $0.43 (+2.4%)
AI Summary
Copart, Inc. reported its financial results for the third quarter of fiscal year 2026, ending April 30, 2026. The company saw a 2.1% increase in revenue to $1.2 billion and a 3.7% rise in gross profit to $572.6 million for the quarter. However, net income attributable to Copart, Inc. slightly decreased by 1.0% to $402.4 million, while fully diluted earnings per share increased by 2.4% to $0.43. For the nine months ended April 30, 2026, revenue was largely flat at $3.5 billion, and diluted EPS increased by 1.7% to $1.20.
Key Highlights
- Q3 FY2026 revenue increased 2.1% to $1.2 billion compared to prior year.
- Q3 FY2026 gross profit rose 3.7% to $572.6 million.
- Net income attributable to Copart, Inc. for Q3 FY2026 decreased 1.0% to $402.4 million.
- Fully diluted earnings per share for Q3 FY2026 increased 2.4% to $0.43.
- Nine-month FY2026 revenue was $3.5 billion, a 0.2% decrease.
- Nine-month FY2026 fully diluted EPS increased 1.7% to $1.20.
- International service revenues for Q3 FY2026 grew to $160.6 million from $136.2 million.
- International operating income for Q3 FY2026 increased to $73.8 million from $59.1 million.
Price Impact
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