Discontinued — last reported Q4 '25
Copart Provision for Credit Losses decreased by 93.6% to $126.00K in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 431.6%, from -$38.00K to $126.00K. Over 2 years (FY 2023 to FY 2025), Provision for Credit Losses shows a downward trend with a -57.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase suggests management expects higher default rates or a deteriorating credit environment, while a decrease suggests improved borrower quality.
This represents the non-cash expense set aside by a financial institution to cover potential losses from loans or credit...
Common in banking and credit card issuers; peers adjust this based on macroeconomic forecasts and portfolio seasoning.
provision_for_credit_losses_cf| Q1 '21 | Q3 '21 | Q4 '21 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$1.64M | $295.00K | $1.40M | $1.40M | $737.00K | -$653.00K | $466.00K | $1.05M | $2.65M | -$1.19M | $1.40M | $1.09M | -$38.00K | -$903.00K | $201.00K | $1.98M | $126.00K |
| QoQ Change | — | +118.0% | +374.6% | -0.3% | -47.2% | -188.6% | +171.4% | +125.1% | +152.9% | -144.8% | +217.8% | -21.9% | -103.5% | <-999% | +122.3% | +883.6% | -93.6% |
| YoY Change | — | — | — | +373.2% | -47.4% | — | — | -24.9% | +260.0% | -82.1% | +200.6% | +4.3% | -101.4% | +24.1% | -85.7% | +80.7% | +431.6% |