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Copart CPRT Provision for Credit Losses

Provision for Credit Losses at other companies

OPENLANE logo
OPENLANEOPLN
$10.3M+10.8%
Genuine Parts logo
Genuine PartsGPC
$11M+44.2%
CarGurus, Inc. logo
CarGurus, Inc.CARG
$551K-21.2%

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$26.86B-41.0%
P/E17.3×-12.0×
P/S5.8×-4.0×

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 us-gaap:ProvisionForDoubtfulAccounts.

The source filing: Copart’s 10-Q, filed March 3, 2026.

Filed
Mar 3, 2026, 4:58 PM EST
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0001193125-26-088593
(In thousands)Six Months Ended January 31, 2026Six Months Ended January 31, 2025
Net income$752,177$747,717
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization, including debt cost109,713109,122
Allowance for credit losses2,1031,056
Equity in (earnings) losses of unconsolidated affiliates(368)(61)
Stock-based compensation19,55019,732
Gain on sale of property and equipment(214)(194)
Deferred income taxes6,00247

Cover / Front Matter

FAQ

What is Copart's provision for credit losses?
Copart (CPRT) reported provision for credit losses of $126K in Q4 2025.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.

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