Copart, Inc. (NASDAQ: CPRT), a market leader in online vehicle auctioning, has announced financial results for the fourth quarter of 2025, reporting an increase in revenue and net profit.
In the fourth quarter of fiscal 2025, revenues increased 5.2% from last year to $1.1 billion Services revenue grew 7.1% annually, which was partially offset by a 4% decrease in Vehicle Sales revenueAt $396.3 million, fourth quarter net income was up 23% from the corresponding quarter last yearOn a per-share basis, earnings rose to $0.41 in Q4 from $0.33 in the prior-year quarterQ4 gross profit rose 12.4% annually to $510 million; operating income was $412.6 million in the July quarter, up 15%Total operating expenses increased modestly to $712.5 million during the three months