Copart, Inc. reported fourth quarter fiscal 2026 revenue of $1.2 billion, up $27.3 million or 2.4% from the same period last year, while net income attributable to Copart, Inc. fell $68.9 million, or 17.4%, to $327.4 million. Gross profit for the quarter ended July 31, 2026 declined $28.3 million, or 5.5%, to $481.4 million, and fully diluted earnings per share dropped to $0.35 from $0.41, a decline of 14.6%. For the full fiscal year, revenue edged up $19.3 million, or 0.4%, to $4.7 billion, while gross profit slipped $15.8 million, or 0.8%, to $2.1 billion and net income attributable to Copart, Inc. fell $68.2 million, or 4.4%, to $1.5 billion. Full-year fully diluted earnings per share declined to $1.55 from $1.59, or 2.5%. The Dallas-based online vehicle auction company said it will hold a conference call to discuss the results on Thursday, September 10, 2026, at 5:30 p.m. Eastern Time, with a replay available through November 2026.
Copart IncQ4 net income fell 17.4% to $327.4M and EPS dropped to $0.35 from $0.41, with gross profit down 5.5%.
