Copart Q4 Profit Surges 23% to $396.35M, Beats Estimates

Copart's Q4 earnings rose to $396.35 million, or $0.41 per share, beating the Street estimate of $0.36 per share. The company's revenue increased 5.3% to $1.125 billion. The results exceeded expectations, with the bottom line higher than last year and revenue growth driven by a 5.3% increase.

Copart, Inc. (NASDAQ: CPRT) reported its fourth-quarter fiscal 2025 financial results on September 4, 2025, showcasing robust performance that exceeded market expectations. The company's net income attributable to Copart, Inc. for the quarter ended July 31, 2025, reached $396.35 million, or $0.41 per share, surpassing the Street estimate of $0.36 per share. Revenue for the quarter climbed 5.3% to $1.125 billion, driven by a 5.2% increase in service revenues and vehicle sales.

The company's gross profit rose 12.4% to $510 million, while operating income surged 14.8% to $412.59 million. The year-over-year (YoY) growth in net income attributable to Copart, Inc. was 22.9%, with diluted earnings per share (EPS) increasing 24.2% to $0.41. These results were supported by strong performance across its service revenues and vehicle sales, which grew 7.1% and 0.4%, respectively.

Copart's year-to-date (YTD) financials also demonstrated significant growth. Revenue for the year ended July 31, 2025, increased 9.7% to $4.6 billion, while gross profit and net income attributable to Copart, Inc. climbed 10.1% and 13.9%, respectively. Fully diluted EPS for the year was $1.59, up 13.6% from the previous year.

The company's cash flow from operating activities was $1.799 billion, while net cash provided by financing activities amounted to $52.107 billion. Cash, cash equivalents, and restricted cash at the end of the period stood at $2.780 billion, reflecting strong liquidity and financial health.

Copart's management noted that the strong Q4 results were driven by increased demand for its vehicle remarketing services, particularly from insurance companies and fleet operators. The company also highlighted its robust global presence, with operations in over 185 countries and more than 4 million units sold in the last year.

For more information on Copart's Q4 earnings, investors can access the company's investor relations website at www.copart.com/investorrelations.

References:
[1] https://www.stocktitan.net/news/CPRT/copart-reports-fourth-quarter-fiscal-2025-financial-r7rzgerpm110.html