CPRT COPART INC
Price Chart
Executive Summary
Copart reported Q3 FY2026 revenue of $1.237B (2.1% YoY growth) and diluted EPS of $0.43, beating consensus estimates of $1.20B and $0.41. However, net income attributable to Copart declined 1.0% YoY to $402.4M, reflecting slower growth and the impact of a $1.63B year-to-date share buyback program that reduced diluted shares by 3.6%.
Key Financial Metrics
Actionable Insight
The beat is modest and net income decline dampens enthusiasm. With the stock near $31.8B market cap and buybacks masking soft operational growth, watch for revenue acceleration or margin expansion in coming quarters to sustain the valuation.
Key Facts
- Revenue $1.237B vs consensus $1.20B (beat by 3.1%)
- Diluted EPS $0.43 vs consensus $0.41 (beat by 4.9%)
- Net income attributable to Copart $402.4M, down 1.0% YoY
- Diluted weighted average shares fell 3.6% YoY to 942.8M
- Year-to-date share repurchases of $1.63B
- U.S. segment revenue declined slightly; international revenue grew 14.1%
Financial Impact
Revenue beat consensus by $37M (3.1%), EPS beat by $0.02 (4.9%), but net income declined $4.2M YoY. Share buyback boosted EPS by ~2.5%.
Risk Factors
- Slowing revenue growth (2.1% vs historical double-digit)
- Declining net income despite buyback support
- U.S. service revenue down 0.4% YoY indicates market share or pricing pressure
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001193125-26-234447 |
| Document: cprt-20260521.htm | 0001193125-26-234447 |
| Document: 0001193125-26-234447-index-headers.html | 0001193125-26-234447 |
| Document: 0001193125-26-234447-index.html | 0001193125-26-234447 |
| Document: 0001193125-26-234447.txt | 0001193125-26-234447 |
| 8-K Data (Synthetic) | 0001193125-26-234447 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 21, 2026
24d ago
|
8-K
| $33.76 $32.29 | ▼ −4.35% | ▼ −6.01% | $30.75 (−8.93%) |
|
Feb 28, 2026
15w ago
|
Institutional Cluster
| $38.30 $37.57 | ▼ −1.92% | ▼ −0.71% | $30.75 (−19.72%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access