COPART INC
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CPRT Q1 2026 request
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Income Statement
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Revenue From Contract With Customer Including Assessed Tax | 1,155,030 | 1,146,829 | +0.7% |
Show Product Lines breakouts |
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| Product | 163,185 | 160,493 | +1.7% |
| Product · International | 66,105 | 72,944 | -9.4% |
| Product · US | 97,080 | 87,549 | +10.9% |
| Service | 991,845 | 986,336 | +0.6% |
| Service · International | 136,311 | 126,346 | +7.9% |
| Service · US | 855,534 | 859,990 | -0.5% |
Show Business Segments breakouts |
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| International · International | 202,416 | 199,290 | +1.6% |
| US · US | 952,614 | 947,539 | +0.5% |
| Direct Operating Costs | 476,489 | 496,546 | -4.0% |
Show Business Segments breakouts |
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| International · International | 78,004 | 72,929 | +7.0% |
| US · US | 398,485 | 423,617 | -5.9% |
| Cost Direct Material | 141,543 | 138,178 | +2.4% |
Show Business Segments breakouts |
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| International · International | 51,584 | 61,892 | -16.7% |
| US · US | 89,959 | 76,286 | +17.9% |
| General & Administrative | 106,304 | 105,738 | +0.5% |
Show Business Segments breakouts |
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| International · International | 17,106 | 13,161 | +30.0% |
| US · US | 89,198 | 92,577 | -3.6% |
| Total Costs & Expenses | 724,336 | 740,462 | -2.2% |
| Operating Income | 430,694 | 406,367 | +6.0% |
Show Business Segments breakouts |
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| International · International | 55,722 | 51,308 | +8.6% |
| US · US | 374,972 | 355,059 | +5.6% |
| Interest Income Expense Nonoperating Net | 53,505 | 45,547 | +17.5% |
Show Business Segments breakouts |
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| International · International | 3,410 | 1,704 | +100.1% |
| US · US | 50,095 | 43,843 | +14.3% |
| Other Non-Operating Income (Expense) | 2,924 | -596 | +590.6% |
| Non-Operating Income (Expense) | 56,429 | 44,951 | +25.5% |
| Income Before Taxes | 487,123 | 451,318 | +7.9% |
| Income Tax Expense (Benefit) | 84,913 | 90,142 | -5.8% |
| Net Income | 402,210 | 361,176 | +11.4% |
Show Equity Components breakouts |
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| Noncontrolling Interest | -1,504 | -910 | -65.3% |
| Parent | 403,714 | 362,086 | +11.5% |
| Retained Earnings | 403,714 | 362,086 | +11.5% |
| Net Income Loss Attributable To Noncontrolling Interest | -1,504 | -910 | -65.3% |
| Net Income | 403,714 | 362,086 | +11.5% |
| EPS (Basic) | 0.42 | 0.38 | +10.5% |
| Wtd Avg Shares (Basic) | 967,650 | 963,176 | +0.5% |
| EPS (Diluted) | 0.41 | 0.37 | +10.8% |
| Wtd Avg Shares (Diluted) | 977,100 | 976,506 | +0.1% |
| Comprehensive Income | 403,921 | 360,319 | +12.1% |
Balance Sheet
| Metric | Q1 2026 | Q1 2025 | YoY |
|---|---|---|---|
| Current Assets | |||
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 5,233,590 | 3,698,118 | +41.5% |
| Debt Securities Held To Maturity Amortized Cost After Allowance For Credit Loss | 9,861 | — | — |
| Accounts Receivable | 759,687 | — | — |
| Vehicle Pooling Costs | 118,166 | 147,792 | -20.0% |
| Inventory | 40,408 | 52,401 | -22.9% |
| Income Taxes Receivable | 574 | — | — |
| Prepaid Expenses & Other Current Assets | 39,848 | 32,966 | +20.9% |
| Total Current Assets | 6,202,134 | 4,733,117 | +31.0% |
| Non-Current Assets | |||
| Property, Plant & Equipment | 3,650,424 | — | — |
| Operating Lease Right-of-Use Assets | 95,594 | 113,557 | -15.8% |
| Goodwill | 518,756 | — | — |
Show Business Segments breakouts |
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| International · International | 128,334 | — | — |
| US · US | 390,422 | — | — |
| Other Non-Current Assets | 54,491 | 72,663 | -25.0% |
| Total Assets | 10,581,014 | — | — |
Show Business Segments breakouts |
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| International · International | 1,266,781 | — | — |
| US · US | 9,314,233 | — | — |
| Other Assets | |||
| Intangible Assets Net Excluding Goodwill | 59,615 | — | — |
| Current Liabilities | |||
| Accounts Payable And Accrued Liabilities Current | 607,386 | 582,215 | +4.3% |
| Deferred Revenue (Current) | 30,471 | 25,576 | +19.1% |
| Accrued Income Taxes Current | 125,469 | 85,628 | +46.5% |
| Operating And Finance Lease Liability Current | 17,870 | 21,436 | -16.6% |
| Total Current Liabilities | 781,196 | 714,855 | +9.3% |
| Non-Current Liabilities | |||
| Deferred Tax Liabilities | 85,839 | 95,465 | -10.1% |
| Accrued Income Taxes Noncurrent | 12,802 | 43,786 | -70.8% |
| Operating And Finance Lease Liability Noncurrent | 82,066 | 95,435 | -14.0% |
| Total Liabilities | 961,903 | 949,541 | +1.3% |
| Other Liabilities | |||
| Redeemable Noncontrolling Interest Equity Carrying Amount | 18,954 | 23,634 | -19.8% |
| Stockholders' Equity | |||
| Common Stock | 97 | 96 | +1.0% |
| Additional Paid In Capital Common Stock | 1,224,683 | 1,133,687 | +8.0% |
| Accumulated Other Comprehensive Income | -120,076 | -144,739 | +17.0% |
| Retained Earnings | 8,495,453 | 6,907,268 | +23.0% |
| Stockholders Equity Including Portion Attributable To Noncontrolling Interest | 9,600,157 | 7,896,312 | +21.6% |
Show Equity Components breakouts |
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| Accumulated Other Comprehensive Income | -120,076 | -144,739 | +17.0% |
| Additional Paid In Capital | 1,224,683 | 1,133,687 | +8.0% |
| Common Stock | 97 | 96 | +1.0% |
| Noncontrolling Interest | 18,954 | 23,634 | -19.8% |
| Parent | 9,600,157 | 7,896,312 | +21.6% |
| Retained Earnings | 8,495,453 | 6,907,268 | +23.0% |
| Total Liabilities & Equity | 10,581,014 | 8,869,487 | +19.3% |
Cash Flow Statement
| Metric | YTD Q1 2026 | YTD Q1 2025 | YoY |
|---|---|---|---|
| Operating Activities | |||
| Depreciation Amortization And Accretion Net | 54,199 | 54,862 | -1.2% |
| Provision For Doubtful Accounts | 1,977 | 1,094 | +80.7% |
| Income Loss From Equity Method Investments | -47 | -20 | -135.0% |
| Stock-Based Compensation | 9,319 | 10,415 | -10.5% |
| Gain Loss On Sale Of Property Plant Equipment | -1,128 | -133 | -748.1% |
| Deferred Income Taxes | 5,290 | 1,740 | +204.0% |
| Change in Accounts Receivable | -25,168 | -49,093 | +48.7% |
| Increase Decrease In Vehicle Pooling Costs | -1,955 | -15,218 | +87.2% |
| Change in Inventory | -655 | -8,652 | +92.4% |
| Change in Prepaid & Other Assets | 7,891 | 59,026 | -86.6% |
| Increase Decrease In Other Operating Assets | 290 | 883 | -67.2% |
| Increase Decrease In Accounts Payable And Accrued Liabilities | 21,474 | 59,826 | -64.1% |
| Increase Decrease In Deferred Revenue | 56 | -2,564 | +102.2% |
| Increase Decrease In Accrued Income Taxes Payable | 61,500 | 8,931 | +588.6% |
| Net Cash from Operations | 535,253 | 482,274 | +11.0% |
| Depreciation & Amortization | 54,042 | 53,627 | +0.8% |
Show Business Segments breakouts |
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| International · International | 8,633 | 7,712 | +11.9% |
| US · US | 45,409 | 45,915 | -1.1% |
| Investing Activities | |||
| Capital Expenditures | -108,042 | -236,758 | +54.4% |
| Payments To Acquire Businesses Net Of Cash Acquired | -4,699 | -1,257 | -273.8% |
| Proceeds From Sale Of Property Plant And Equipment | 7,932 | 243 | +3164.2% |
| Proceeds From Sale Of Held To Maturity Securities | 2,025,000 | 1,940,000 | +4.4% |
| Payments To Acquire Interest In Subsidiaries And Affiliates | -3,885 | — | — |
| Net Cash from Investing | 1,916,306 | 1,702,228 | +12.6% |
| Financing Activities | |||
| Proceeds From Stock Options Exercised | 1,785 | 2,857 | -37.5% |
| Tax Withholding for Share Compensation | -1,330 | -720 | -84.7% |
| Finance Lease Principal Payments | -5 | — | — |
| Net Cash from Financing | 450 | 2,137 | -78.9% |
| Supplemental | |||
| Interest Paid | 641 | 10 | +6310.0% |
| Income Taxes Paid | 20,055 | 80,826 | -75.2% |
| Other Significant Noncash Transaction Value Of Consideration Received1 | 2,035 | — | — |
| Other Cash Flow | |||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | 1,050 | -2,632 | +139.9% |
| Net Change in Cash | 2,453,059 | 2,184,007 | +12.3% |
Values in thousands USD. Source: SEC EDGAR 10-Q filing.