FINHUB Insights

CPRT · Q1 FY26 · Aug 1 – Oct 31, 2025

Copart Q1 FY26: where the revenue came from and where it went

Copart Q1 FY26: revenue $1.2B (+1% year over year). Net profit $0.4B. Largest cohort Service revenues United States $0.9B. The whole income statement as a sankey diagram from the SEC filing.

Period
Aug 1 – Oct 31, 2025
Reported
Nov 24, 2025 10-Q
Sankey diagram of Copart's income statement for Q1 FY26: revenue of $1.2 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.2B +1% year over year
Gross profit$0.6B 51% margin
Operating profit$0.4B 37% margin
Net profit$0.4B 35% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Oct 31, 2025).
ItemValueShare of revenueYear over year
Revenue 1.2 100% +1%
Service revenues United States 0.9 75%
Service revenues International 0.1 8%
Vehicle sales United States 0.1 8%
Vehicle sales International 0.1 8%
Cost of revenue−0.650%
Gross profit0.651% margin+2pp
G&A−0.19%+0pp
Other−0.15%+0pp
Operating profit0.437% margin+2pp
Tax−0.1
Net profit0.435%+3pp

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters