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Copart Reports Second Quarter Fiscal Revenue of $1.16 Billion

February 21, 2025 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported financial results for its fiscal second quarter ended January 31, 2025. For the three months ended January 31, revenue, gross profit, and net income attributable to Copart, Inc. were $1.16 billion, $525.6 million, and $387.4 million, respectively. These represent an increase in revenue of $143.2 million, or 14.0%; an increase […]

Filed Under: News Tagged With: Copart, Earnings

Copart Reports Fiscal First Quarter Revenue of $1.15 Billion

November 22, 2024 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported for its fiscal first quarter ended October 31 revenue was $1.15 billion, gross profit was $512.1 million, and net income attributable to Copart, Inc. was $362.1 million. These represent an increase in revenue of $126.4 million, or 12.4%; an increase in gross profit of $48.1 million, or 10.4%; and an […]

Filed Under: News Tagged With: Copart, Earnings

Copart Reports Fiscal 2024 Full Year Revenue Up 9.5% to $4.2 Billion

September 6, 2024 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported financial results for the quarter ended July 31, revenue, gross profit, and net income attributable to Copart, Inc. were $1.1 billion, $454 million, and $323 million, respectively. These represent an increase in revenue of $71.4 million, or 7.2%; a decrease in gross profit of $(4.0) million, or (0.9)%; and a […]

Filed Under: News Tagged With: Copart, Earnings

Copart Reports Fiscal Third Quarter Fiscal Revenue of $1.13 Billion

May 20, 2024 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) reported financial results for its fiscal third quarter ended April 30, 2024. Revenue was $1.13 billion, up $105.4 million or 10.3% from the same period last year. Gross profit and net income attributable to Copart, Inc. were $525.5 million, and $382.3 million, respectively. These represent an increase in gross profit of […]

Filed Under: News Tagged With: Copart, Earnings

Jeff Liaw Named CEO and Director at Copart

March 19, 2024 By CollisionWeek Editor

Jay Adair named Executive Chairman. Copart, Inc. (NASDAQ: CPRT) announced that its Board of Directors has appointed Jeff Liaw as the company’s sole Chief Executive Officer (CEO) and as a member of the Board of Directors. Liaw has been serving as Co-CEO since March 2022. In addition, Jay Adair, who served as the Company’s CEO […]

Filed Under: News Tagged With: Copart, People

Copart Invests in Heavy Equipment Auction Company Purple Wave

October 10, 2023 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) today announced a new strategic investment and partnership with Purple Wave, Inc., an online offsite heavy equipment auction company. Founded in 2000, Purple Wave is a pioneer in the online equipment auction industry, facilitating the sale of construction, agriculture and fleet equipment directly from a seller’s location through its no-reserve auction […]

Filed Under: News Tagged With: Agreements Signed, Copart, Purple Wave

Copart Reports Revenue Up Nearly 13% in Fiscal Fourth Quarter

September 15, 2023 By CollisionWeek Editor

Copart, Inc. (NASDAQ: CPRT) today reported revenue for its fiscal fourth quarter ended July 31, $997.6 million an increase in revenue of $114.2 million, or 12.9% from the same period a year ago. Gross profit for the quarter was $457.6 million, up $76.0 million, or 19.9% from the previous year. Net income was $347.8 million […]

Filed Under: News Tagged With: Copart, Earnings

Copart Reports Fiscal Third Quarter Revenue Up Nearly 9%

May 19, 2023 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported for the three months ended April 30,  revenue was $1,021.8 million, an increase in revenue of $81.9 million, or 8.7% from the same period a year ago. Gross profit was $483.4 million, an increase of $47.2 million, or 10.8%, and net income was $350.4 million an increase of $71.8 million, or […]

Filed Under: News Tagged With: Copart, Earnings

Copart Announces Hiring of New Chief Financial Officer and Chief Legal Officer

December 6, 2022 By CollisionWeek Editor

Copart, inc. (NASDAQ:CPRT) announced the addition of two new members to its leadership team today: Chief Financial Officer Leah Stearns and Chief Legal Officer Paul Kirkpatrick. Stearns will lead Copart’s finance and accounting functions to help enable the company’s continuing profitable growth. She is a seasoned Fortune 500 executive, serving most recently as chief financial […]

Filed Under: News Tagged With: Copart, People

Copart Reports First Quarter Revenue Up Over 10%

November 17, 2022 By CollisionWeek Editor

Copart, Inc. (NASDAQ:CPRT) reported revenue of $893.4 million for its fiscal first quarter ended October 31, an increase in revenue of $83.2 million, or 10.3%, from the same period last year. Gross profit $369.5 million, down $15.5 million, or 4.0%, and net income was $245.8 million, a decrease of $14.5 million, or 5.6%, from the […]

Filed Under: News Tagged With: Copart, Earnings

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