FINHUB Insights

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

The whole income statement of Copart for this quarter, as one diagram: what earned the revenue, and what it went on.

Period
Aug 1 – Oct 31, 2025
Reported
Nov 24, 2025 10-Q accession 0001193125-25-291660

Revenue$1.16B +1% year over year
Gross profit$0.59B 51% margin
Operating profit$0.43B 37% margin
Net profit$0.40B 35% margin
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The numbers

All figures in billions of U.S. dollars, for Q1 FY26 (period ends Oct 31, 2025).
ItemValueShare of revenueYear over year
Revenue 1.16 100% +1%
Service united States 0.86 74%
Service… international 0.14 12%
Vehicle united States 0.10 8%
Vehicle sales international 0.07 6%
Cost of revenue−0.5649%
Gross profit0.5951% margin+2pp
G&A−0.119%+0pp
Other−0.055%+0pp
Operating profit0.4337% margin+2pp
Other income, net0.06
Tax−0.09
Net profit0.40 35% margin+3pp

Figures are rounded to the precision shown, so a column can differ slightly from its own total.

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.

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