Filing Flows › Copart (CPRT) › Q4 FY26
Copart (CPRT) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Sep 29, 2026
Copart (CPRT) reported revenue of $1.2B for the fourth quarter fiscal 2026 (Q4 FY26), +2% from a year earlier and -7% from the quarter before. Operating margin was 32.0%, net earnings $327M (28.4% of revenue).
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.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.2B | -7% | +2% |
| Operating profit | $369M | -21% | -11% |
| Net earnings | $327M | -19% | -17% |
| Operating cash flow | $358M | -39% | -18% |
| Free cash flow | $279M | -45% | -21% |
What changed
Revenue was $1.2B in Q4 FY26, up 2% year over year and down 7% from the previous quarter. Service was the largest line at 84% of revenue.
Operating profit was $0.37B, a 32.0% margin (down 4.7 points year over year). Operating profit fell $0.04B even though revenue rose $0.03B versus Q4 FY25, so costs grew faster than sales. Total costs grew 10% against revenue growth of 2%. The fastest-growing cost line was General & admin (+16%). Net earnings were $0.33B, down 17% year over year. The effective tax rate was 19.2%.
Operating cash flow was $0.36B (down 18% year over year), 109% of net earnings. Non-cash charges added back $0.07B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.05B. Capital expenditures of $0.08B left free cash flow of $0.28B.
Questions
What was Copart's revenue in the fourth quarter fiscal 2026?
Copart (CPRT) reported revenue of $1.2B for the fourth quarter fiscal 2026 (Q4 FY26), +2% from a year earlier and -7% from the quarter before.
Was Copart profitable in the fourth quarter fiscal 2026?
Operating profit was $369M (32.0% of revenue) and net earnings $327M.
Source: Copart 10-K on SEC EDGAR.