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

Copart Q4 revenue rises 2.4% to $1.2 billion, but net income falls 17.4%

Mixed Impact 3 of 5 earnings Written later

Copart reported fourth-quarter fiscal 2026 results for the three months ended July 31, 2026, with revenue up 2.4% but gross profit down 5.5% and net income attributable to Copart down 17.4%. Diluted earnings per share fell to $0.35 from $0.41, and for the full fiscal year diluted EPS declined to $1.55 from $1.59.

Key points

  • Q4 revenue rose $27.3 million, or 2.4%, to $1.2 billion; gross profit fell $28.3 million, or 5.5%, to $481.4 million
  • Q4 net income attributable to Copart fell $68.9 million, or 17.4%, to $327.4 million
  • Fiscal 2026 revenue rose 0.4% to $4.7 billion, while net income attributable to Copart fell 4.4% to $1.5 billion
  • Fiscal 2026 cash flow statement shows $1.6 billion in common stock repurchases

The filing

CompanyCopart (CPRT)
Form8-K, current report
Filed with the SECSep 10, 2026, 4:16 PM ET
Accession number0001193125-26-387902

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing 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 September 10, 2026.

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