COPART INC (CPRT) Research | Aerarium Research

Forward Estimates

EPS Estimates

Current Qtr

$0.39

$0.38$0.39

vs $0.41-5.8%

8 analysts

Next Qtr

$0.41

$0.40$0.43

vs $0.41+0.1%

7 analysts

Current Yr

$1.58

$1.57$1.60

vs $1.59-0.3%

12 analysts

Next Yr

$1.69

$1.63$1.78

vs $1.58+6.4%

12 analysts

Revenue Estimates

Current Qtr

$1.15B

$1.14B$1.16B

vs $1.13B+1.9%

7 analysts

Next Qtr

$1.18B

$1.16B$1.21B

vs $1.16B+2.5%

5 analysts

Current Yr

$4.64B

$4.56B$4.68B

vs $4.65B-0.1%

10 analysts

Next Yr

$4.83B

$4.73B$4.92B

vs $4.64B+4.0%

10 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for CPRT on EDGAR.

CPRT filing events and research context
Filed	Item	Context
May 29, 2026	mda_quarterly	Copart’s financial performance for the nine months ended April 30, 2026, reflects a slight decline in total service revenues, which fell 0.4% to $3.0 billion. While U.S. service revenues decreased by $56.3 million—largely due to the absence of one-time revenue from fiscal 2025 hurricanes—international operations provided a partial offset with an 11.4% increase, driven by higher volumes and revenue per car. Operating income as a percentage of total revenue remained stable at 37% for the nine-month period. The company maintains a strong liquidity position with $3.35 billion in cash and cash equivalents, bolstered by interest income from U.S. Treasury Bills. Capital allocation remains focused on growth and shareholder returns; Copart significantly increased its stock repurchases, buying back 43.4 million shares for $1.63 billion during the nine-month period. On January 23, 2026, the company entered into a new $1.25 billion unsecured revolving credit agreement, maturing in 2031, to replace its previous facility. Key operational risks include dependence on a limited number of major insurance sellers, the inherent volatility of salvage vehicle supply due to weather patterns, and the ongoing integration of international acquisitions, which are subject to complex regulatory environments and foreign currency fluctuations.
Mar 3, 2026	mda_quarterly	Copart’s financial performance for the three and six months ended January 31, 2026, reflects a decline in service revenues, primarily driven by the absence of one-time revenue spikes from hurricanes Helene and Milton that occurred in the prior fiscal year. While U.S. service revenues decreased, international operations showed growth, bolstered by higher revenue per car despite lower volumes. Operating income margins remained stable at 35% to 36%, though facility operations expenses were impacted by increased costs for subhaul, freight, and insurance. The company maintains a robust liquidity position, with cash and cash equivalents reaching $5.1 billion, a significant increase from July 2025, largely due to interest income from U.S. Treasury Bills and cash generated from operations. Copart recently replaced its credit facility with a new $1.25 billion unsecured revolving credit agreement maturing in 2031. Capital allocation remains focused on facility expansion and a share repurchase program, through which the company repurchased approximately 5.5 million shares during the period. Key risks include reliance on a limited number of major vehicle sellers, potential regulatory scrutiny regarding money laundering compliance, and the inherent volatility of salvage vehicle supply due to weather patterns and technological advancements in vehicle safety.
Nov 24, 2025	mda_quarterly	Copart’s financial performance for the quarter ended October 31, 2025, reflects stable service revenue of $991.8 million, a marginal 0.6% increase year-over-year. While U.S. service revenues declined slightly due to the absence of one-time revenue from fiscal 2025 hurricanes, this was offset by 7.9% growth in international markets, driven by higher revenue per car. Total operating income rose to 38% of revenue, up from 36% in the prior year, aided by a reduction in facility operation expenses as the company moved past hurricane-related costs. The company maintains a robust liquidity position, with cash and cash equivalents reaching $5.2 billion, an 88.2% increase from July 31, 2025, bolstered by operating cash flows and the maturity of U.S. Treasury Bill investments. Management continues to prioritize capital expenditures for facility expansion and land acquisition, though it is also evaluating potential share repurchases, dividends, and strategic acquisitions. Key risks remain centered on the concentration of vehicle sellers, the integration of international operations, and the potential for regulatory or legal challenges, including an ongoing Department of Justice investigation into anti-money laundering compliance. The company remains sensitive to macroeconomic factors, including fuel prices, used car market volatility, and technological shifts like accident-avoidance systems.

Filed

Item

Context

May 29, 2026

mda_quarterly

Copart’s financial performance for the nine months ended April 30, 2026, reflects a slight decline in total service revenues, which fell 0.4% to $3.0 billion. While U.S. service revenues decreased by $56.3 million—largely due to the absence of one-time revenue from fiscal 2025 hurricanes—international operations provided a partial offset with an 11.4% increase, driven by higher volumes and revenue per car. Operating income as a percentage of total revenue remained stable at 37% for the nine-month period. The company maintains a strong liquidity position with $3.35 billion in cash and cash equivalents, bolstered by interest income from U.S. Treasury Bills. Capital allocation remains focused on growth and shareholder returns; Copart significantly increased its stock repurchases, buying back 43.4 million shares for $1.63 billion during the nine-month period. On January 23, 2026, the company entered into a new $1.25 billion unsecured revolving credit agreement, maturing in 2031, to replace its previous facility. Key operational risks include dependence on a limited number of major insurance sellers, the inherent volatility of salvage vehicle supply due to weather patterns, and the ongoing integration of international acquisitions, which are subject to complex regulatory environments and foreign currency fluctuations.

Mar 3, 2026

mda_quarterly

Copart’s financial performance for the three and six months ended January 31, 2026, reflects a decline in service revenues, primarily driven by the absence of one-time revenue spikes from hurricanes Helene and Milton that occurred in the prior fiscal year. While U.S. service revenues decreased, international operations showed growth, bolstered by higher revenue per car despite lower volumes. Operating income margins remained stable at 35% to 36%, though facility operations expenses were impacted by increased costs for subhaul, freight, and insurance. The company maintains a robust liquidity position, with cash and cash equivalents reaching $5.1 billion, a significant increase from July 2025, largely due to interest income from U.S. Treasury Bills and cash generated from operations. Copart recently replaced its credit facility with a new $1.25 billion unsecured revolving credit agreement maturing in 2031. Capital allocation remains focused on facility expansion and a share repurchase program, through which the company repurchased approximately 5.5 million shares during the period. Key risks include reliance on a limited number of major vehicle sellers, potential regulatory scrutiny regarding money laundering compliance, and the inherent volatility of salvage vehicle supply due to weather patterns and technological advancements in vehicle safety.

Nov 24, 2025

mda_quarterly

Copart’s financial performance for the quarter ended October 31, 2025, reflects stable service revenue of $991.8 million, a marginal 0.6% increase year-over-year. While U.S. service revenues declined slightly due to the absence of one-time revenue from fiscal 2025 hurricanes, this was offset by 7.9% growth in international markets, driven by higher revenue per car. Total operating income rose to 38% of revenue, up from 36% in the prior year, aided by a reduction in facility operation expenses as the company moved past hurricane-related costs. The company maintains a robust liquidity position, with cash and cash equivalents reaching $5.2 billion, an 88.2% increase from July 31, 2025, bolstered by operating cash flows and the maturity of U.S. Treasury Bill investments. Management continues to prioritize capital expenditures for facility expansion and land acquisition, though it is also evaluating potential share repurchases, dividends, and strategic acquisitions. Key risks remain centered on the concentration of vehicle sellers, the integration of international operations, and the potential for regulatory or legal challenges, including an ongoing Department of Justice investigation into anti-money laundering compliance. The company remains sensitive to macroeconomic factors, including fuel prices, used car market volatility, and technological shifts like accident-avoidance systems.

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CPRT filing events and research context

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