Copart ( (CPRT) ) has released its Q4 earnings. Here is a breakdown of the information Copart presented to its investors.
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Copart, Inc. is a global leader in online vehicle auctions, offering a comprehensive suite of vehicle remarketing services to a diverse clientele, including insurance companies, financial institutions, and individual buyers across more than 185 countries. The company operates over 250 locations worldwide and sold over 4 million units last year.
In its latest earnings report for the fourth quarter of fiscal 2025, Copart, Inc. announced significant financial growth. The company reported a revenue of $1.1 billion, a gross profit of $510 million, and a net income of $396 million for the quarter, reflecting increases of 5.2%, 12.4%, and 22.9%, respectively, compared to the same period last year. For the full fiscal year, Copart achieved a revenue of $4.6 billion, a gross profit of $2.1 billion, and a net income of $1.6 billion, marking substantial year-over-year growth.
Key financial metrics highlight Copart’s robust performance, with a notable 24.2% increase in fully diluted earnings per share for the quarter, reaching $0.41. The annual earnings per share also rose by 13.6% to $1.59. The company’s service revenues grew by 7.1% for the quarter and 11.4% for the year, while vehicle sales showed a slight decline of 4.0% for the quarter but a marginal increase of 0.4% annually.
Copart’s strategic focus on expanding its global footprint and enhancing its online auction platform has contributed to its strong financial results. The company continues to invest in technology and infrastructure to support its growth and maintain its leadership position in the vehicle auction industry.
Looking ahead, Copart’s management remains optimistic about the company’s future prospects, emphasizing ongoing investments in technology and global expansion to drive further growth. The company’s strategic initiatives are expected to bolster its market position and deliver sustained financial performance in the coming years.