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Copart CPRT Gain (Loss) on Extinguishment of Liabilities

Gain (Loss) on Extinguishment of Liabilities at other companies

Asure Software logo
Asure SoftwareASUR
-$17.75K
Tronox logo
TronoxTROX
$0+100%
Par Pacific Holdings, Inc. logo
Par Pacific Holdings, Inc.PARR
$0+100%
Pagaya Technologies logo
Pagaya TechnologiesPGY
$767K
Sphere Entertainment logo
Sphere EntertainmentSPHR
$2.07M
JEL
JELD-WENJELD
$0+100%

Other financials

Income statement

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Revenue$1.2B+2.1%
Operating income$464.3M+2.8%
Net income$402.4M-1.0%
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$26.1B-40.4%
P/E16.8×-12.8×
P/S5.6×-3.9×

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

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Return on equity17.7%-0.8pp
Debt / equity0.0×
Current ratio7.6×-0.5×

Where this comes from

Reported directly by Copart in its filing.

Tagged under the XBRL concept cprt:GainLossOnExtinguishmentOfLiabilities.

The official record: Copart’s 10-K, filed September 26, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Copart's gain (loss) on extinguishment of liabilities?
Copart (CPRT) reported gain (loss) on extinguishment of liabilities of $0 in Q2 2025.
How has Copart's gain (loss) on extinguishment of liabilities changed year-over-year?
Copart's gain (loss) on extinguishment of liabilities decreased by 100.0% year-over-year, from $1.01M to $0.
What does gain (loss) on extinguishment of liabilities mean?
This represents the gain or loss recognized when a company settles a debt obligation for an amount different from its carrying value on the balance sheet. It is a non-operating or non-recurring item that impacts net income but does not reflect core operational performance.