What is Copart's net income?

Copart (CPRT) reported net income of $402.4M in Q1 2026.

How has Copart's net income changed year-over-year?

Copart's net income decreased by 1.0% year-over-year, from $406.61M to $402.4M.

What is the long-term trend for Copart's net income?

Over 4 years (2021 to 2025), Copart's net income has grown at a 13.5% compound annual growth rate (CAGR), from $936.5M to $1.55B.

What does net income mean?

The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

Copart CPRT Net Income

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Other financials

Income statement

See full

Revenue$1.2B+2.1%

Operating income$464.3M+2.8%

EPS (diluted)$0.43+2.4%

Balance sheet

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Cash & equivalents$3.4B+41.7%

Total debt$103.7M-12.6%

Total equity$8.8B-0.1%

Total assets$9.6B-0.2%

Cash flow

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Operating cash flow$584.2M-16.6%

CapEx$80.9M-36.8%

Free cash flow$503.3M-12.2%

Valuation

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Market cap$28.28B-39.9%

P/E18.2×-13.6×

P/S6.1×-4.2×

Profitability

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Gross margin88.6%—

Operating margin36.6%+0.8pp

Net margin33.5%+1.3pp

FCF margin28.9%+3.1pp

Returns & leverage

See full

Return on equity17.7%-0.8pp

Debt / equity0×0.0×

Current ratio7.6×-0.5×

Where this comes from

Reported directly by Copart in its filing.

Tagged under the XBRL concept us-gaap:NetIncomeLoss.

The official record: Copart’s 10-Q, filed May 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Copart's net income?: Copart (CPRT) reported net income of $402.4M in Q1 2026.
How has Copart's net income changed year-over-year?: Copart's net income decreased by 1.0% year-over-year, from $406.61M to $402.4M.
What is the long-term trend for Copart's net income?: Over 4 years (2021 to 2025), Copart's net income has grown at a 13.5% compound annual growth rate (CAGR), from $936.5M to $1.55B.
What does net income mean?: The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.