Filing Flows › Copart (CPRT) › How it makes money
How Copart (CPRT) makes money
Copart (CPRT) made $1.2B of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Service brought in $970M (84%); Product brought in $183M (16%). Of every dollar of revenue, 32¢ was left as operating profit, 28¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q4 FY26
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Service | $970M | 84.1% | -8% | — |
| Product | $183M | 15.9% | +1% | — |
Where each dollar of revenue goes
| Line | Q4 FY26 | % of revenue |
|---|---|---|
| Revenue | $1.2B | 100.0% |
| Operating profit | $369M | 32.0% |
| Income tax | $77.9M | 6.8% |
| Net earnings | $327M | 28.4% |
| Operating cash flow | $358M | 31.0% |
| Free cash flow | $279M | 24.2% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q4 FY26 | $1.2B | +2% |
| Q3 FY26 | $1.2B | +2% |
| Q2 FY26 | $1.1B | -4% |
| Q1 FY26 | $1.2B | +0.7% |
| Q4 FY25 | $1.1B | +5% |
| Q3 FY25 | $1.2B | +8% |
| Q2 FY25 | $1.2B | +14% |
From Copart's 10-K filed Sep 29, 2026 (on EDGAR).
Questions
How does Copart make money?
Copart (CPRT) made $1.2B of revenue in the fourth quarter fiscal 2026 (Q4 FY26). Service brought in $970M (84%); Product brought in $183M (16%). Of every dollar of revenue, 32¢ was left as operating profit, 28¢ was left as net earnings.
What is Copart's biggest business?
Service: $970M in the fourth quarter fiscal 2026, 84% of revenue.
What is Copart's profit margin?
Net earnings were $327M, 28.4% of revenue, in the fourth quarter fiscal 2026; the operating margin was 32.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.