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Copart (CPRT) operating margin by quarter

Copart's operating margin was 32.0% in Q4 FY26 (fourth quarter fiscal 2026), -5.5 pts from Q3 FY26. Over the last 7 quarters it ranged from 32.0% (Q4 FY26) to 37.5% (Q3 FY26).

Copart operating margin by quarterCopart operating margin by quarter36.6%Q2 FY2537.3%Q3 FY2536.7%Q4 FY2537.3%Q1 FY2634.7%Q2 FY2637.5%Q3 FY2632.0%Q4 FY26
QuarterOperating marginQ/QY/Y
Q4 FY2632.0%-5.5 pts-4.7 pts
Q3 FY2637.5%+2.9 pts+0.3 pts
Q2 FY2634.7%-2.6 pts-2.0 pts
Q1 FY2637.3%+0.6 pts—
Q4 FY2536.7%-0.6 pts—
Q3 FY2537.3%+0.6 pts—
Q2 FY2536.6%——

Q4 FY26 at a glance

Copart, Q4 FY26: revenue $1.2B (+2% year over year), operating margin 32.0%, net earnings $327M, operating cash flow $358M. The chart follows the revenue to costs, profit and cash.

Questions

What is Copart's operating margin?

Copart's operating margin was 32.0% in Q4 FY26 (fourth quarter fiscal 2026), -5.5 pts from Q3 FY26.

How has Copart's operating margin changed?

Over the last 7 quarters it ranged from 32.0% (Q4 FY26) to 37.5% (Q3 FY26).

Q4 FY26 results → · How Copart makes money →