COPART INC is expected to release its Q3 2026 10-Q filing on September 9, 2026, after market close. Last quarter: Copart reported modest Q3 FY2026 revenue growth led by international operations and a 2.8% increase in operating income, but net income declined 1.0% as quarterly other income fell and operating cash flow was lower on a nine-month year-to-date basis. Source: 10-Q Item 2 MD&A, pp.16-19; 10-Q Income Statement (XBRL).
EPS Estimate
$0.39
Revenue Estimate
$1.17B
Analyst consensus from Finnhub and Financial Modeling Prep. Actual results posted within minutes of the SEC filing on the CPRT page.
Drawn from management commentary in the Q2 2026 10-Q:
Quarterly service revenue increased 2.1% to $1.056B: international service revenue rose 17.9% to $160.6M, while U.S. service revenue declined 0.4% to $895.5M. Management attributed the U.S. decline primarily to lower volume, partly offset by higher revenue per car; excluding $8.7M of favorable currency effects, international growth reflected higher volume and revenue per car.
For the nine months ended April 30, 2026, total service revenue declined 0.4% to $3.000B. Management said the $56.3M U.S. decline was primarily related to one-time revenue associated with Hurricanes Helene and Milton recognized in fiscal 2025, partly offset by higher revenue per car; international service revenue increased $43.8M, or 11.4%.
Operating income represented 38% of total service revenue and vehicle sales in the three months ended April 30, 2026, versus 37% a year earlier. Facility operations expense rose 3.0% to $504.2M, driven by higher U.S. subhaul, labor, and insurance expenses and higher international cost to process a car, while G&A rose 7.5% to $108.3M.
EPS (Diluted)
$0.43
+2.38% YoY
Operating Income
$464.28M
+2.82% YoY
Add CPRT to your watchlist to get the AI analysis in your inbox within minutes of the 10-Q filing.