Copart Q3 FY2026 Earnings: Revenue Up 2.1% to $1.24B, Net Income Down 1%

Copart reported Q3 fiscal 2026 financial results with revenue of $1.24 billion, up 2.1% year-over-year, and net income attributable to Copart of $402.4 million, down 1.0% from the same period last year. Gross profit increased 3.7% to $572.6 million. For the nine-month period, revenue was $3.51 billion (down 0.2%) with net income of $1.16 billion (up 0.1%). Diluted EPS for Q3 was $0.43, up 2.4% year-over-year. The company showed strong cash position growth to $3.35 billion and executed significant stock repurchases of $1.63 billion during the nine-month period. International segment revenue grew significantly while U.S. revenue remained relatively flat.