Copart Reports Q4 & Full-Year Fiscal 2026 Financial Results

Overview of Filing

On September 10, 2026, Copart, Inc. ($CPRT) filed a Current Report on Form 8-K under Item 2.02 (Results of Operations and Financial Condition) and Item 9.01 (Financial Statements and Exhibits), furnishing its financial results for the fourth quarter and full fiscal year ended July 31, 2026.

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Key Financial Results

Fourth Quarter Fiscal 2026

• Revenue: $1.2 billion, up 2.4% ($27.3 million increase) compared to Q4 FY2025.
• Gross Profit: $481.4 million, down 5.5% ($28.3 million decrease) year-over-year.
• Net Income: $327.4 million, down 17.4% ($68.9 million decrease) year-over-year.
• Diluted EPS: $0.35 per share compared to $0.41 per share in the prior-year period, representing a decline of 14.6%.

Full Year Fiscal 2026

• Revenue: $4.7 billion, up 0.4% ($19.3 million increase) compared to fiscal 2025.
• Gross Profit: $2.1 billion, down 0.8% ($15.8 million decrease) year-over-year.
• Net Income: $1.5 billion, down 4.4% ($68.2 million decrease) year-over-year.
• Diluted EPS: $1.55 per share compared to $1.59 per share in fiscal 2025, down 2.5%.

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Market & Operational Context

• Revenue demonstrated modest top-line growth driven by service revenues, but profitability margins contracted during both Q4 and the full fiscal year due to higher operational and service-related costs.
• The report was executed by Chief Financial Officer Leah Stearns on September 10, 2026.