Copart, Inc. reported financial results for the fourth quarter of fiscal year 2026 ended July 31, 2026. Revenue was $1.2 billion, a 2.4% increase from the prior year period. Gross profit declined 5.5% to $481.4 million, and net income attributable to Copart decreased 17.4% to $327.4 million. Fully diluted earnings per share fell to $0.35 from $0.41 in the same quarter last year. For the full fiscal year, revenue was $4.7 billion with a slight increase of 0.4%, while net income decreased 4.4% to $1.5 billion and diluted EPS declined to $1.55 from $1.59. Copart operates in the vehicle remarketing industry, providing online auction platforms for insurance companies, dealers, and individuals.
