Copart, Inc. earnings overview

CPRT FY2026 Q3 · Calendar Q2 2026

Copart, Inc.

Copart delivered a solid Q3 FY2026 beat with revenue of $1.24 billion (+3.5% vs estimates) and EPS of $0.43 (+5.8% vs estimates), driven by record-high average selling prices and double-digit international revenue growth. Despite modest insurance volume declines, diversified growth from Title Express, long-haul delivery, and Purple Wave expansion is expanding margins. The stock drifted lower post-earnings, however, with a 12.4% subsequent decline, suggesting investors are weighing macro risks around salvage volume trends and consumer auto-insurance affordability.