AI brief of an SEC Form 8-K · Copart (CPRT)

Copart Q1 revenue rises 12.4% to $1.15 billion; diluted EPS $0.37 vs. $0.34

Positive Impact 3 of 5 earnings Written later

Copart reported first-quarter fiscal 2025 results for the period ended October 31, 2024, with revenue up 12.4% to $1.15 billion and net income attributable to Copart up 8.9% to $362.1 million. Diluted earnings per share rose 8.8% to $0.37, which gives shareholders a year-over-year gain in both sales and profit.

Key points

  • Revenue of $1.15 billion, up $126.4 million or 12.4% from the same period last year
  • Gross profit of $512.1 million, up $48.1 million or 10.4%
  • Net income attributable to Copart of $362.1 million, up $29.6 million or 8.9%
  • Fully diluted EPS of $0.37 versus $0.34 a year earlier, an increase of 8.8%

The filing

CompanyCopart (CPRT)
Form8-K, current report
Filed with the SECNov 21, 2024, 4:14 PM ET
Accession number0000900075-24-000027

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 21, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.