Copart Q4 Net Income Falls 17% Despite Revenue Growth; Full-Year EPS Declines
CPRT sits 23% above its 52-week low of $26.81.
Summary
Copart reported Q4 fiscal 2026 revenue of $1.15B (+2.4% YoY) but net income fell 17.4% to $327.4M as rising facility and vehicle costs compressed margins. Full-year EPS declined 2.5% to $1.55.
Key Events · Earnings and Guidance · CPRT
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Q4 Net Income Falls 17.4%
Net income attributable to Copart declined to $327.4M from $396.4M a year ago, despite revenue rising 2.4% to $1.15B.
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Gross Margin Compression
Gross profit fell 5.5% to $481.4M as facility operations costs rose 7.7% and cost of vehicle sales jumped 11.4%, pushing operating income down 10.6%.
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Full-Year EPS Declines to $1.55
Fiscal 2026 diluted EPS fell 2.5% from $1.59 to $1.55, with net income down 4.4% to $1.48B on essentially flat revenue of $4.67B.
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Aggressive Buyback Continues
Copart repurchased $1.63B in common stock during fiscal 2026, reducing diluted weighted average shares outstanding by 4.7% to 932.1M, which cushioned the per-share earnings decline.
Analysis · CPRT · Trade & Services
Copart's fourth-quarter results show a meaningful profit decline despite modest revenue growth. Net income attributable to Copart fell 17.4% to $327.4 million, driven by a 5.5% drop in gross profit as facility operations costs rose 7.7% and cost of vehicle sales jumped 11.4%. The company's core auction business remains profitable, but margin compression is the story — operating income fell 10.6% for the quarter. Full-year diluted EPS declined 2.5% to $1.55. The company continues to return capital aggressively, repurchasing $1.63 billion in stock during fiscal 2026, which reduced weighted average shares outstanding by 4.7% year-over-year and partially offset the earnings decline on a per-share basis.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 30% of the 1963 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.14%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CPRT was trading at $32.88 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $28.5B. The 52-week trading range was $26.81 to $49.05. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.