Copart, Inc.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.67B | $4.65B | $4.24B | $3.87B | $3.50B | $2.69B | $2.21B | $2.04B |
| Cost of Revenue | — | — | — | — | — | — | — | $255.5M |
| Gross Profit | — | — | — | — | — | — | — | $1.79B |
| Gross Margin | — | — | — | — | — | — | — | 87.5% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $431.3M | $402.9M | $335.2M | $250.4M | $231.2M | $206.7M | $191.7M | $181.9M |
| Operating Income | $1.65B | $1.70B | $1.57B | $1.49B | $1.37B | $1.14B | $816.1M | $716.5M |
| Operating Margin | 35.4% | 36.5% | 37.1% | 38.4% | 39.3% | 42.2% | 37.0% | 35.1% |
| Interest Expense | — | — | — | — | — | — | $20.2M | $19.8M |
| Pretax Income | $1.83B | $1.90B | $1.71B | $1.55B | $1.34B | $1.12B | $800.8M | $705.0M |
| Income Tax Expense | $354.6M | $347.2M | $352.3M | $316.6M | $250.8M | $185.4M | $100.9M | $113.3M |
| Net Income | $1.48B | $1.55B | $1.36B | $1.24B | $1.09B | $936.5M | $699.9M | $591.7M |
| Net Margin | 31.8% | 33.4% | 32.2% | 32.0% | 31.1% | 34.8% | 31.7% | 29.0% |
| EPS (Basic) | $1.56 | $1.61 | $1.42 | $1.30 | $1.15 | $0.99 | $0.75 | $0.64 |
| EPS (Diluted) | $1.55 | $1.59 | $1.40 | $1.28 | $1.13 | $0.97 | $0.73 | $0.62 |
| Shares Outstanding (Basic) | 949.6M | 965.3M | 960.7M | 953.6M | 949.7M | 945.0M | 932.8M | 922.0M |
| Shares Outstanding (Diluted) | 956.9M | 977.6M | 974.8M | 966.6M | 964.6M | 961.2M | 954.6M | 961.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |