Copart Inc (CPRT) Q1 2026 Earnings Call

Concluded Nov 20, 2025

Nov 20, 2025 0 turns

Period: FY2026 Q1
Runtime: —
Sources: 2 artifacts

8-K 10-Q

Executive readout · one minute

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Whole car / non-insurance growth 14 M&A strategy 11 International expansion 10 Buyer liquidity and global network 6 U.S. insurance cyclical headwinds and normalization 5 Capital allocation and balance sheet 4

Management tone

Confident

Net tone +52 · moderate hedging

Grounding quotes

“I believe our customer relationships are stronger than ever. The idea that that is not the case, I believe, is true.”
“consumer retrenchment is cyclical not structural so I want to make that very clear”
“we have figured that out now we are profitable and we know how to grow in that market and so we'll be expanding uh in other international markets in europe and other locations as well”
“i'm excited and i'm looking forward to the changes we're going to make um and i'm back so it's not like i'm here temporary i'm here to stay and i'm excited uh for everything that we plan to do”

Research coverage

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Revenue $1.16B +0.7% YoY

Diluted EPS $0.41 +10.8% YoY

Net income $403.71M +11.5% YoY

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8-K earnings release Filed Nov 20, 2025 10-Q report Filed Nov 24, 2025

Quarter detail

How the reported period landed and where the business moved.

Revenue · products & services

Service$991.85M +0.6% YoY

Product$163.19M +1.7% YoY

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