CPRT Copart

Q1 2026 10-Q

Filed: Mar 3, 2026Period ending Jan 31, 2026

Consumer Discretionary

Retail-Auto Dealers & Gasoline StationsSEC EDGAR

Copart (CPRT) 10-Q quarterly report for Q1 2026, filed with SEC EDGAR on Mar 3, 2026 for the fiscal period ending Jan 31, 2026. This page provides AI-powered analysis including management discussion & analysis (MD&A), risk factor updates, and key quarterly financial data such as revenue and net income extracted from XBRL.

AI Filing Analysis
Q1 2026 10-Q

Management Discussion & Analysis

• Total service revenue Q2 FY2026 $952M, down 4.0% YoY; US -$48.7M (-5.6%), offset by International +$9.4M (+7.7%)
• US segment worst performer; revenue decline driven by absence of one-time hurricane Helene/Milton revenue from Q2 FY2025

+3 more insights

Risk Factors

• DOJ money-laundering investigation ongoing; Company cooperating, faces potential fines, criminal/civil proceedings, and reputational harm affecting customer retention
• Brazil regulatory risk explicitly elevated this quarter; new proposals specifically heighten operational risks for Copart's Brazil operations

+2 more insights

Quarterly Financial Summary
XBRL

Revenue

$1.1B

▼ -3.6% YoY▼ -2.9% QoQ

Net Income

$351M

▼ -9.5% YoY▼ -13.1% QoQ

Operating Margin

34.7%

▼ -198bp YoY▼ -263bp QoQ

Net Margin

31.3%

▼ -203bp YoY▼ -368bp QoQ

ROE

3.6%

▼ -62bp QoQ

Total Assets

$10.6B

▲ +0.1% QoQ

EPS (Diluted)

$0.36

▼ -10.0% YoY▼ -12.2% QoQ

Operating Cash Flow

$128M

▼ -28.4% YoY▼ -76.2% QoQ

Source: XBRL data from Copart Q1 2026 10-Q filing on SEC EDGAR. All figures in USD.

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