NASDAQ$CPRT

Copart Inc · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

Copart reported revenue growth and higher gross profit with modestly lower net income for the third quarter of fiscal 2026.

For the three months ended April 30, 2026, Copart achieved total revenues of $1.237 billion, up 2.1% year-over-year, driven by increases in both service revenues and vehicle sales. Gross profit rose 3.7% to $572.6 million while net income attributable to Copart declined 1.0% to $402.4 million. Diluted EPS increased 2.4% to $0.43.

  • Total revenues reached $1.237 billion, a 2.1% increase from the prior-year quarter.
  • Gross profit grew 3.7% to $572.6 million, outpacing revenue growth.
  • Net income attributable to Copart fell 1.0% to $402.4 million despite higher operating income.
  • Diluted EPS rose to $0.43 from $0.42 in the same quarter last year.

Headline financials

Total Revenue

$1.24B

Previous: $1.21B+2.1%
EPS (adj)

$0.43

Previous: $0.42+2.4%
Cost of vehicle sales

$160M

Previous: $170M-5.6%
Facility operations expense

$450M

Previous: $439M+2.5%
General and administrative expense

$93.7M

No prior period
Capital Expenditures

-$259K

Previous: -$481K+46.3%
Free Cash Flow

$988K

No prior period
Net Income

$401M

Previous: $407M-1.3%
Operating Income

$464M

Previous: $452M+2.8%
Gross Profit

$573M

Previous: $552M+3.7%
Cash & Equivalents

$3.35B

No prior period
Total Assets

$9.65B

No prior period

Revenue & EPS history

Copart · Revenue · Quarterly

$1.24B

Q3 2026+2.1%vs Q3 2025
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Copart · $1.24B total across 2 segments · Q3 2026

  • Service revenues
    $1.06B
  • Vehicle sales
    $181M

Forward guidance

Management will discuss quarterly results on a conference call and cautions that forward-looking statements are subject to risks and uncertainties.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

+0.6%

Avg return

Earnings day

+0.8%

Avg return

5 days after

-0.1%

Avg return

30 days after

55%

36 / 66 earnings

Positive

+13.1%

Q1 2025

Best reaction

-12.5%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026+9.2%-4.8%-12.7%
Q1 2026-2.3%-5.5%-4.8%
Q4 2025-2.8%-2.9%-9.7%
Q3 2025-11.5%-14.2%-20.9%
Q2 2025-2.8%-3.3%-7.9%
Q1 2025+13.1%+15.1%+5.1%
Q4 2024-7.5%-7.7%-1.2%
Q3 2024-1.5%-0.7%-3.8%
Q2 2024+5.1%+8.2%+17.4%
Q1 2024+2.0%+2.9%-0.6%
Q4 2023-1.0%+0.6%+3.2%
Q3 2023+8.8%+9.8%+7.5%
Q2 2023+0.9%+1.2%+3.1%
Q1 2023+3.4%+3.3%-2.7%
Q4 2022+0.4%+0.5%-5.8%
Q3 2022-2.3%-2.6%-7.5%
Q2 2022-1.6%-3.5%+1.9%
Q1 2022-2.1%-7.9%-10.0%
Q4 2021-0.6%-0.1%-1.8%
Q3 2021+2.4%+5.8%+5.8%
Q2 2021-0.8%-5.7%-9.7%
Q1 2021-2.0%-2.6%+5.3%
Q4 2020-1.0%-0.5%+3.2%
Q3 2020+3.0%+2.8%+0.6%
Q2 2020-5.0%-9.4%-41.3%
Q1 2020+1.7%+4.1%+5.0%
Q4 2019+7.8%+10.1%+7.0%
Q3 2019+6.1%+7.7%+12.1%
Q2 2019+6.0%+11.0%+11.1%
Q1 2019+3.1%+0.4%-3.5%
Q4 2018-12.5%-19.9%-23.2%
Q3 2018-0.5%+2.4%+13.0%
Q2 2018+2.0%-1.3%+6.5%
Q1 2018+12.9%+16.9%+19.6%
Q4 2017+3.0%+2.7%+10.8%
Q3 2017+4.5%+3.4%+5.1%
Q2 2017-0.9%-0.0%+4.1%
Q1 2017-4.1%-2.6%+0.4%
Q4 2016+5.5%+6.5%+6.5%
Q3 2016+9.3%+10.9%+8.1%
Q2 2016+1.5%
Q1 2016+6.5%
Q4 2015-3.0%
Q3 2015-2.5%
Q2 2015+2.3%
Q1 2015+5.6%
Q4 2014-5.7%
Q3 2014-4.8%
Q2 2014+0.5%
Q1 2014+3.2%
Q4 2013-9.6%
Q3 2013-2.6%
Q2 2013-1.2%
Q1 2013+0.3%
Q4 2012+1.5%
Q3 2012+0.0%
Q2 2012+0.7%
Q1 2012+0.4%
Q4 2009-2.9%
Q3 2010-0.7%
Q3 2011-0.7%
Q2 2011+0.4%
Q2 2010+0.4%
Q1 2010+1.0%
Q1 2011+1.0%
Q4 2010+1.0%

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