Copart Inc (CPRT) financial statements: income statement, balance sheet and cash flow

Copart Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Jul 31, 2026 · FY), Copart Inc reported net income of $1.5B (-4.4% year on year).

Income statement

Copart Inc income statement, fiscal years
Line itemJul 31, 2026 · FYJul 31, 2025 · FYJul 31, 2024 · FYJul 31, 2023 · FY
Total service revenues and vehicle sales$4.7B$4.6B$4.2B$3.9B
Facility operations$2.0B$1.9B$1.7B$1.5B
Cost of vehicle sales$616.5M$603.0M$619.5M$614.5M
General and administrative$431.3M$402.9M$335.2M$250.4M
Total operating expenses$3.0B$3.0B$2.7B$2.4B
Operating income$1.7B$1.7B$1.6B$1.5B
Interest income$181.9M$178.9M$145.7M—
Other income (expense), net$464.0K$20.0M($3.1M)$1.8M
Total other income$182.4M$198.9M$142.6M$67.8M
Total income before taxes$1.8B$1.9B$1.7B$1.6B
Income tax expense$354.6M$347.2M$352.3M$316.6M
Net income$1.5B$1.5B$1.4B—
Less: Net loss attributable to redeemable noncontrolling interest($3.9M)($4.1M)($673.0K)—
Net income attributable to Copart, Inc.$1.5B$1.6B$1.4B$1.2B
Basic net income per common share$1.56$1.61$1.42$1.30
Weighted average common shares outstanding949.6M965.3M960.7M953.6M
Diluted net income per common share$1.55$1.59$1.40$1.28
Diluted weighted average common shares outstanding956.9M977.6M974.8M966.6M
Copart Inc income statement, quarters
Line itemApr 30, 2026 · Q3Jan 31, 2026 · Q2Oct 31, 2025 · Q1Apr 30, 2025 · Q3
Total service revenues and vehicle sales$1.2B$1.1B$1.2B$1.2B
Facility operations$504.2M$478.4M$476.5M$489.7M
Cost of vehicle sales$160.3M$150.4M$141.5M$169.7M
General and administrative$108.3M$104.1M$106.3M$100.7M
Total operating expenses$772.8M$733.0M$724.3M$760.2M
Operating income$464.3M$388.7M$430.7M$451.5M
Interest income, net$38.8M$50.0M$53.5M$42.8M
Other (expense) income, net($1.0M)$2.4M$2.9M$8.5M
Total other income$37.8M$52.3M$56.4M$51.3M
Income before income taxes$502.1M$441.0M$487.1M$502.8M
Income tax expense$100.7M$91.1M$84.9M$97.5M
Net income$401.4M$350.0M$402.2M$405.3M
Less: Net loss attributable to redeemable noncontrolling interest($1.0M)($765.0K)($1.5M)($1.3M)
Net income attributable to Copart, Inc.$402.4M$350.7M$403.7M$406.6M
Basic net income per common share (in dollars per share)$0.43$0.36$0.42$0.42
Weighted average common shares outstanding (in shares)936.3M967.2M967.6M966.2M
Diluted net income per common share (in dollars per share)$0.43$0.36$0.41$0.42
Diluted weighted average common shares outstanding (in shares)942.8M975.1M977.1M978.1M

Balance sheet

Copart Inc balance sheet, fiscal years
Line itemJul 31, 2026 · FYJul 31, 2025 · FYJul 31, 2024 · FYJul 31, 2023 · FY
Cash, cash equivalents, and restricted cash$1.9B$2.8B$1.5B$957.4M
Investment in held to maturity securities$2.6B$2.0B$1.9B$1.4B
Accounts receivable, net of allowance for credit losses of $18,551 and $12,945, respectively$809.2M$762.8M$785.9M$702.0M
Vehicle pooling costs$122.9M$116.1M$132.6M$123.7M
Inventories$51.4M$39.7M$43.6M$40.0M
Income taxes receivable$49.9M$580.0K$0$6.6M
Prepaid expenses and other assets$45.0M$46.4M$33.9M$26.3M
Total current assets$5.6B$5.8B$4.4B$3.3B
Property and equipment, net$3.7B$3.6B$3.2B$2.8B
Operating lease right-of-use assets$83.7M$99.7M$116.3M$108.1M
Intangibles, net$50.5M$62.8M$74.1M$62.7M
Goodwill$511.3M$517.8M$513.9M$394.3M
Other assets$80.9M$57.9M$129.4M$65.8M
Total assets$10.0B$10.1B$8.4B$6.7B
Accounts payable and accrued liabilities$634.7M$591.8M$518.1M$440.8M
Deferred revenue$32.5M$30.4M$28.1M$26.1M
Income taxes payable$21.4M$41.1M$61.0M$4.4M
Current portion of operating and finance lease liabilities$15.2M$19.9M$21.3M$21.5M
Total current liabilities$703.7M$683.3M$628.6M$492.8M
Deferred income taxes$127.9M$80.6M$93.7M$89.5M
Income taxes payable$9.1M$35.6M$59.6M$69.2M
Operating and finance lease liabilities, net of current portion$73.2M$83.9M$97.4M$88.1M
Total liabilities$913.9M$883.4M$879.2M$750.4M
Redeemable non-controlling interest$16.6M$20.5M$24.5M—
Preferred stock: $0.0001 par value - 5,000,000 shares authorized; none issued0000
Common stock: $0.0001 par value - 1,600,000,000 shares authorized; 926,298,293 and 967,478,690 shares issued and outstanding, respectively93.0K97.0K96.0K96.0K
Additional paid-in capital$1.2B$1.2B$1.1B$938.9M
Accumulated other comprehensive loss($109.8M)($120.3M)($143.0M)($141.0M)
Retained earnings$8.0B$8.1B$6.5B$5.2B
Total stockholders' equity$9.1B$9.2B$7.5B$6.0B
Total liabilities, redeemable noncontrolling interests and stockholders' equity$10.0B$10.1B$8.4B$6.7B
Copart Inc balance sheet, quarters
Line itemApr 30, 2026Jan 31, 2026Oct 31, 2025Apr 30, 2025
Cash, cash equivalents, and restricted cash$3.4B$5.1B$5.2B$2.4B
Investment in held to maturity securities$845.6M$0$9.9M$2.0B
Accounts receivable, net of allowance for credit losses of $14,636 and $12,945, respectively$794.5M$861.6M$759.7M$757.8M
Vehicle pooling costs$118.0M$129.8M$118.2M$117.9M
Inventories$49.6M$41.9M$40.4M$44.5M
Income taxes receivable$721.0K$817.0K$574.0K—
Prepaid expenses and other assets$54.2M$40.3M$39.8M$54.5M
Total current assets$5.2B$6.2B$6.2B$5.4B
Property and equipment, net$3.7B$3.7B$3.7B$3.6B
Operating lease right-of-use assets$88.1M$91.5M$95.6M$97.7M
Intangibles, net$53.9M$57.3M$59.6M$66.4M
Goodwill$522.7M$523.5M$518.8M$518.6M
Other assets$51.7M$52.7M$54.5M$61.1M
Total assets$9.6B$10.6B$10.6B$9.7B
Accounts payable and accrued liabilities$598.3M$549.2M$607.4M$576.9M
Deferred revenue$33.5M$31.4M$30.5M$30.3M
Income taxes payable$37.6M$16.6M$125.5M$30.1M
Current portion of operating and finance lease liabilities$15.8M$16.7M$17.9M$19.8M
Total current liabilities$685.3M$613.9M$781.2M$657.1M
Deferred income taxes$89.7M$87.6M$85.8M$94.6M
Income taxes payable$5.3M$6.8M$12.8M$36.6M
Operating and finance lease liabilities, net of current portion$77.3M$79.4M$82.1M$81.3M
Total liabilities$857.6M$787.7M$961.9M$869.5M
Redeemable non-controlling interest$17.2M$18.2M$19.0M$21.5M
Preferred stock: $0.0001 par value - 5,000,000 shares authorized; none issued0000
Common stock: $0.0001 par value - 1,600,000,000 shares authorized; 925,811,482 and 967,478,690 shares issued and outstanding, respectively.93.0K96.0K97.0K97.0K
Additional paid-in capital$1.2B$1.2B$1.2B$1.2B
Accumulated other comprehensive loss($87.2M)($87.3M)($120.1M)($113.3M)
Retained earnings$7.7B$8.6B$8.5B$7.7B
Total stockholders’ equity$8.8B$9.8B$9.6B$8.8B
Total liabilities, redeemable noncontrolling interests and stockholders’ equity$9.6B$10.6B$10.6B$9.7B

Cash flow statement

Copart Inc cash flow statement, fiscal years
Line itemJul 31, 2026 · FYJul 31, 2025 · FYJul 31, 2024 · FYJul 31, 2023 · FY
Net income$1.5B$1.5B$1.4B$1.2B
Depreciation and amortization, including debt cost$238.5M$217.8M$190.3M$159.7M
Allowance for credit losses$5.6M$354.0K$3.9M$1.9M
Gain on extinguishment of liabilities$0$0($4.1M)—
Equity in losses (income) from unconsolidated affiliates$326.0K($149.0K)$2.2M$5.3M
Stock-based compensation$38.8M$38.0M$35.2M$39.7M
Loss (gain) on sale of property and equipment$1.1M($13.7M)($2.4M)($1.8M)
Deferred taxes$47.4M($13.4M)($847.0K)$9.9M
Accounts receivable($80.6M)($34.0M)($145.4M)($123.2M)
Vehicle pooling costs($6.4M)$16.7M($9.5M)($11.0M)
Inventories($11.4M)$4.7M($3.7M)$26.5M
Prepaid expenses and other current and non-current assets($47.6M)$7.7M($71.1M)($59.9M)
Operating lease right-of-use assets and lease liabilities$690.0K$478.0K$1.1M$350.0K
Accounts payable and accrued liabilities$32.5M$69.6M$59.5M$18.0M
Deferred revenue$1.9M$2.2M$1.9M$5.9M
Income taxes receivable($49.3M)($575.0K)$6.6M$33.2M
Income taxes payable($47.4M)($44.3M)$46.5M$21.9M
Net cash provided by operating activities$1.6B$1.8B$1.5B$1.4B
Purchases of property and equipment($337.4M)($569.0M)($511.0M)($516.6M)
Assets and liabilities acquired in connection with acquisition($5.0M)($1.2M)$17.7M$0
Proceeds from sale of property and equipment$12.6M$31.8M$4.2M$33.9M
Investment in held to maturity securities($2.9B)($4.0B)($4.1B)($1.4B)
Proceeds from held to maturity securities$2.3B$4.0B$3.6B$0
Investment in unconsolidated affiliate($3.7M)($7.1M)($8.8M)($2.7M)
Net cash used in investing activities($877.6M)($587.4M)($940.1M)($1.9B)
Proceeds from the exercise of stock options$16.7M$42.8M$24.3M$49.7M
Proceeds from the issuance of Employee Stock Purchase Plan shares14.3M14.7M12.4M11.1M
Repurchases of common stock($1.6B)———
Payments for employee stock-based tax withholdings($3.7M)($5.3M)($6.6M)($4.7M)
Principal payments on revolver facility$0$0($10.8M)($33.9M)
Debt issuance costs($1.5M)—$0$0
Payments of finance lease obligations($60.0K)($49.0K)($14.0K)($23.0K)
Net cash (used) provided by financing activities($1.6B)$52.1M$19.3M$66.6M
Effect of foreign currency translation$7.3M$2.0M$5.0M$34.4M
Net increase (decrease) in cash, cash equivalents, and restricted cash($872.6M)$1.3B$556.7M($426.8M)
Cash, cash equivalents, and restricted cash at beginning of period$2.8B$1.5B$957.4M$1.4B
Cash, cash equivalents, and restricted cash at end of period$1.9B$2.8B$1.5B$957.4M
Interest paid$1.9M$2.0M$3.1M$2.6M
Income taxes paid, net of refunds$398.4M$409.0M$285.9M$257.5M
Purchase of property and equipment through settlement of deposit$6.2M$64.0M——
Copart Inc cash flow statement, quarters
Line itemApr 30, 2026 · YTDJan 31, 2026 · YTDOct 31, 2025 · Q1Apr 30, 2025 · YTD
Net income$1.2B$752.2M$402.2M$1.2B
Depreciation and amortization, including debt cost$168.8M$109.7M$54.2M$163.6M
Allowance for credit losses$1.6M$2.1M$2.0M$153.0K
Equity in (earnings) losses of unconsolidated affiliates($390.0K)($368.0K)($47.0K)($135.0K)
Stock-based compensation$29.0M$19.6M$9.3M$28.9M
Loss (gain) on sale of property and equipment$1.7M($214.0K)($1.1M)($1.0M)
Deferred income taxes$8.3M$6.0M$5.3M$67.0K
Accounts receivable($57.3M)($124.8M)($25.2M)($1.9M)
Vehicle pooling costs($1.2M)($13.1M)($2.0M)$14.9M
Inventories($9.4M)($1.6M)($655.0K)($180.0K)
Prepaid expenses, other current and non-current assets($11.5M)$4.9M$7.9M($935.0K)
Operating lease right-of-use assets and lease liabilities$853.0K$533.0K$290.0K$915.0K
Accounts payable and accrued liabilities($5.5M)($38.7M)$21.5M$56.1M
Deferred revenue$2.8M$700.0K$56.0K$2.0M
Income taxes receivable($128.0K)($227.0K)$0$1.0K
Income taxes payable($34.3M)($53.9M)$61.5M($54.2M)
Net cash provided by operating activities$1.2B$662.8M$535.3M$1.4B
Purchases of property and equipment($258.6M)($177.7M)($108.0M)($481.3M)
Assets and liabilities acquired in connection with acquisition($4.7M)($4.7M)($4.7M)($1.2M)
Proceeds from sale of property and equipment$11.1M$9.7M$7.9M$4.5M
Purchases of held to maturity securities($845.6M)——($2.0B)
Proceeds from held to maturity securities$2.0B$2.0B$2.0B$1.9B
Investment in unconsolidated affiliate($3.7M)($3.7M)($3.9M)($3.2M)
Net cash provided by (used in) investing activities$933.5M$1.9B$1.9B($559.0M)
Proceeds from the exercise of stock options$14.2M$9.1M$1.8M$40.2M
Proceeds from the issuance of Employee Stock Purchase Plan shares7.5M7.5M—7.4M
Repurchases of common stock($1.6B)($218.2M)——
Payments for employee stock-based tax withholdings($2.8M)($2.2M)($1.3M)($3.4M)
Debt issuance costs($1.5M)($1.5M)——
Payments of finance lease obligations($11.0K)($6.0K)($5.0K)($44.0K)
Net cash (used in) provided by financing activities($1.6B)($205.4M)$450.0K$44.2M
Effect of foreign currency translation$8.4M$5.3M$1.1M$6.0M
Net increase in cash, cash equivalents, and restricted cash$573.6M$2.3B$2.5B$852.4M
Cash, cash equivalents, and restricted cash at beginning of period$2.8B$2.8B$2.8B$1.5B
Cash, cash equivalents, and restricted cash at end of period$3.4B$5.1B$5.2B$2.4B
Interest paid$1.6M$1.4M$641.0K$2.0M
Income taxes paid, net of refunds$315.5M$227.5M$20.1M$319.0M
Purchase of property and equipment through settlement of deposit$2.9M$2.4M$2.0M$64.0M

Copart Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.