Copart income statement
In fiscal 2026, Copart reported revenue of $4.67bn, up 0.4% on the year before, operating income of $1.65bn (a 35.4% margin) and net income of $1.48bn, or $1.55 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Jul 2010 | 2011Jul 2011 | 2012Jul 2012 | 2013Jul 2013 | 2014Jul 2014 | 2015Jul 2015 | 2016Jul 2016 | 2017Jul 2017 | 2018Jul 2018 | 2019Jul 2019 | 2020Jul 2020 | 2021Jul 2021 | 2022Jul 2022 | 2023Jul 2023 | 2024Jul 2024 | 2025Jul 2025 | 2026Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 773 | 872 | 924 | 1,046 | 1,163 | 1,146 | 1,268 | 1,448 | 1,806 | 2,042 | 2,206 | 2,693 | 3,501 | 3,870 | 4,237 | 4,647 | 4,666 |
| Cost of revenue | — | — | — | — | — | — | 141 | 138 | 196 | 256 | — | — | — | — | — | — | — |
| Gross profit | — | — | — | — | — | — | 1,127 | 1,310 | 1,609 | 1,786 | — | — | — | — | — | — | — |
| General and administrative | 109 | 108 | 114 | 138 | 165 | 139 | 138 | 151 | 177 | 182 | 192 | 207 | 231 | 250 | 335 | 403 | 431 |
| Operating income | 239 | 265 | 286 | 283 | 275 | 344 | 406 | 461 | 584 | 716 | 816 | 1,136 | 1,375 | 1,487 | 1,572 | 1,697 | 1,653 |
| Interest expense | 0 | 4 | 11 | 10 | 9 | 18 | 24 | 24 | 20 | 20 | 20 | — | — | — | — | — | — |
| Net interest income | — | — | — | — | — | — | — | — | — | −18 | −19 | −20 | −17 | 66 | — | — | — |
| Income before tax | 239 | 264 | 278 | 277 | 270 | 332 | 396 | 440 | 563 | 705 | 801 | 1,122 | 1,341 | 1,554 | 1,715 | 1,896 | 1,835 |
| Income tax | 88 | 98 | 96 | 97 | 91 | 112 | 126 | 46 | 145 | 113 | 101 | 185 | 251 | 317 | 352 | 347 | 355 |
| Net income | 152 | 166 | 182 | 180 | 179 | 220 | 270 | 394 | 418 | 592 | 700 | 936 | 1,090 | 1,238 | 1,363 | 1,552 | 1,484 |
| Diluted EPS | $0.11 | $0.14 | $0.17 | $0.17 | $0.17 | $0.21 | $0.28 | $0.41 | $0.43 | $0.61 | $0.73 | $0.97 | $1.13 | $1.28 | $1.40 | $1.59 | $1.55 |
| Diluted shares (average) | 1,360m | 1,227m | 1m | 1,038m | 1,050m | 1,051m | 977m | 948m | 968m | 962m | 955m | 961m | 965m | 967m | 975m | 978m | 957m |
| EBITDA | 282 | 311 | 335 | 340 | 329 | 391 | 455 | 518 | 663 | 801 | 917 | 1,258 | 1,513 | 1,646 | 1,762 | 1,913 | 1,882 |
| Quarter | 2025 Q1Oct 2024 | 2025 Q2Jan 2025 | 2025 Q3Apr 2025 | 2025 Q4Jul 2025 | 2026 Q1Oct 2025 | 2026 Q2Jan 2026 | 2026 Q3Apr 2026 | 2026 Q4Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,147 | 1,163 | 1,212 | 1,125 | 1,155 | 1,122 | 1,237 | 1,152 |
| General and administrative | 106 | 99 | 101 | 97 | 106 | 104 | 108 | 113 |
| Operating income | 406 | 426 | 452 | 413 | 431 | 389 | 464 | 369 |
| Income before tax | 451 | 463 | 503 | 478 | 487 | 441 | 502 | 405 |
| Income tax | 90 | 77 | 97 | 83 | 85 | 91 | 101 | 78 |
| Net income | 362 | 387 | 407 | 396 | 404 | 351 | 402 | 327 |
| Diluted EPS | $0.37 | $0.40 | $0.42 | $0.41 | $0.41 | $0.36 | $0.43 | $0.35 |
| EBITDA | 460 | 480 | 506 | 466 | 485 | 397 | 523 | 430 |
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