Copart Q2 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
- Nov 1, 2025 – Jan 31, 2026
- Reported
- Mar 3, 2026
Revenue$1.12B
−4% year over year
Gross profit$0.50B
45% margin
Operating profit$0.39B
35% margin
Net profit$0.35B
31% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.12 | 100% | −4% |
| Service united States | 0.82 | 73% | −6% |
| Service… international | 0.13 | 12% | +8% |
| Vehicle united States | 0.10 | 9% | −4% |
| Vehicle sales international | 0.07 | 6% | +3% |
| Cost of revenue | −0.62 | 55% | |
| Gross profit | 0.50 | 45% margin | −5pp |
| G&A | −0.10 | 9% | +1pp |
| Other | −0.01 | 1% | +0pp |
| Operating profit | 0.39 | 35% margin | −2pp |
| Other income, net | 0.05 | ||
| Tax | −0.09 | ||
| Net profit | 0.35 | 31% margin | −2pp |
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