FINHUB Insights

CPRT · Q2 FY26 · Nov 1, 2025 – Jan 31, 2026

Copart Q2 FY26: where the revenue came from and where it went

Copart Q2 FY26: revenue $1.1B (−4% year over year). Net profit $0.4B. Largest cohort Service revenues United States $0.8B. The whole income statement as a sankey diagram from the SEC filing.

Period
Nov 1, 2025 – Jan 31, 2026
Reported
Mar 3, 2026 10-Q
Sankey diagram of Copart's income statement for Q2 FY26: revenue of $1.1 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$1.1B −4% year over year
Gross profit$0.5B 45% margin
Operating profit$0.4B 35% margin
Net profit$0.4B 31% margin

The numbers

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Jan 31, 2026).
ItemValueShare of revenueYear over year
Revenue 1.1 100% −4%
Service revenues United States 0.8 73%
Service revenues International 0.1 9%
Vehicle sales United States 0.1 9% −4%
Vehicle sales International 0.1 9% +3%
Cost of revenue−0.655%
Gross profit0.545% margin−5pp
G&A−0.19%+1pp
Other−01%+0pp
Operating profit0.435% margin−2pp
Tax−0.1
Net profit0.431%−2pp

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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