Copart Q4 FY2026: revenue up 2.4%, net income down 17.4%
Copart's fiscal 2026 fourth quarter delivered slower profit, not faster growth: revenue rose 2.4% to $1.152 billion while net income fell 17.4% to $327.4 million and EPS slipped to $0.35. Read it as a margin quarter — service revenue and vehicle sales both grew, but facility, vehicle-sale and administrative costs grew faster. The full-year picture is milder, with revenue up 0.4% and net income down 4.4%.
1 · Expected vs. Actual
Free preview belowDiluted EPS fell 14.6% to $0.35 from $0.41, with net income down 17.4% to $327.4 million. Gross profit fell 5.5% to $481.4 million, so the damage came from the cost side, not from a revenue shortfall. Buybacks cushioned the per-share number: diluted shares fell 4.7% to 932.1 million.
Q4 revenue was $1.152 billion, up 2.4% from $1.125 billion a year ago, and growth was lopsided: international revenue rose 11.7% to $222.1 million while the US edged up 0.4% to $930.3 million. Vehicle sales grew 8.3% while service revenue, the bigger and stickier line, grew just 1.4%. For the full year revenue was $4.666 billion, up only 0.4%.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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