Record Year in Revenue and Operating Profit
Copart announced another record year in terms of revenue and operating profit, showcasing strong financial performance.
Global Insurance Volume Growth
For the full fiscal year 2025, Copart grew global insurance volume by 4.5% and U.S. insurance volume by 4.2%.
Auction Platform Liquidity
Copart's digital auction platform is a key differentiator, attracting 300,000 registered members globally, and enabling international buyers to account for 40% of auction proceeds.
Average Selling Price (ASP) Growth
ASP growth globally was 5.4% for all insurance vehicles sold, with a 5.7% increase for U.S. insurance clients.
Purple Wave Growth
Purple Wave's gross transaction value (GTV) grew 9.4% for fiscal year 2025, significantly outpacing industry growth.
Strong Financial Results
Global revenue increased by 5.2% for the quarter and 9.7% for the fiscal year. Global gross profit increased by 12.4% for the quarter.