Copart said service revenues for the 3 months ended October 31, 2025 increased $5.5 million (0.6%) compared with the same period last year. The United States decreased $4.5 million and International increased $10.0 million.

10-QQuarterly reportFiled Nov 24, 2025Period of report Oct 31, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Copart said service revenues for the 3 months ended October 31, 2025 increased $5.5 million (0.6%) compared with the same period last year. The United States decreased $4.5 million and International increased $10.0 million.
The company said facility operations expenses for the 3 months ended October 31, 2025 decreased $20.1 million (4.0%) compared with the same period last year. It cited one-time costs associated with hurricanes Helene and Milton recognized in fiscal 2025 as a factor in the U.S. decrease of $25.1 million.
Copart said total other income for the 3 months ended October 31, 2025 increased $11.5 million (25.5%) compared with the same period last year. The company cited higher interest income from U.S. Treasury Bills, realized currency gains and gains on the sale of fixed assets as factors.
The company said cash, cash equivalents and restricted cash increased $2,453.1 million as of October 31, 2025 compared with July 31, 2025. As of the same date, there were no outstanding borrowings under the Revolving Loan Facility, and the company did not repurchase any shares during the 3 months.

Key figures

Quarter ended October 31, 2025

Revenue: $1.2B
Operating income: $431M
Net income: $404M
EPS: $0.41
Operating cash flow: $535M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Service Revenues Up $5.5 million

Copart said service revenues for the 3 months ended October 31, 2025 increased $5.5 million (0.6%) compared with the same period last year. The United States decreased $4.5 million and International increased $10.0 million.

Source · Based on the MD&A text of the filing

Facility Operations Expenses Down $20.1 million

The company said facility operations expenses for the 3 months ended October 31, 2025 decreased $20.1 million (4.0%) compared with the same period last year. It cited one-time costs associated with hurricanes Helene and Milton recognized in fiscal 2025 as a factor in the U.S. decrease of $25.1 million.

Source · Based on the MD&A text of the filing

Total Other Income Up $11.5 million

Copart said total other income for the 3 months ended October 31, 2025 increased $11.5 million (25.5%) compared with the same period last year. The company cited higher interest income from U.S. Treasury Bills, realized currency gains and gains on the sale of fixed assets as factors.

Source · Based on the MD&A text of the filing

Cash Up $2,453.1 million, No Borrowings

The company said cash, cash equivalents and restricted cash increased $2,453.1 million as of October 31, 2025 compared with July 31, 2025. As of the same date, there were no outstanding borrowings under the Revolving Loan Facility, and the company did not repurchase any shares during the 3 months.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

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