Reported results
- Three months ended July 31, 2026: Revenue $1.2 billion (up 2.4%), Gross profit $481.4 million (down 5.5%), Net income attributable to Copart, Inc. $327.4 million (down 17.4%)
- Three months ended July 31, 2026: Fully diluted earnings per share $0.35 (down 14.6% from $0.41)
- Year ended July 31, 2026: Revenue $4.7 billion (up 0.4%), Gross profit $2.1 billion (down 0.8%), Net income attributable to Copart, Inc. $1.5 billion (down 4.4%)
- Year ended July 31, 2026: Fully diluted earnings per share $1.55 (down 2.5% from $1.59)
- Operating income for three months ended July 31, 2026 was $368.9 million (down 10.6%); for year ended July 31, 2026 was $1.65 billion (down 2.6%)
- Net cash provided by operating activities for year ended July 31, 2026 was $1.60 billion; repurchases of common stock totaled $1.63 billion
Price and volatility reaction
The stock moved -2.6% on the print. No front-expiry chain was on file, so there is no straddle expected move. 30-day ATM implied volatility moved -8.9 vol points across the event (constant-maturity series — not the front-week crush).
| Measure | Value | Basis |
|---|---|---|
| Close before release | 30.75 | 2026-09-10 |
| Close after release | 29.95 | 2026-09-11 |
| Realised move | -2.6% | close to close |
| 30d ATM IV change | -8.9 vol pts | constant-maturity series, not the front expiry |
Source
The figures above come from the earnings release the company filed with the SEC on 2026-09-10 (8-K, Item 2.02). Read the original filing on sec.gov.