Copart Inc. reported its financial results for the fiscal year ended July 31, 2025. Service revenues accounted for 85% of total service revenues and vehicle sales, compared to 84% in 2024 and 83% in 2023. Vehicle sales represented 15% of total service revenues and vehicle sales, down from 16% in 2024 and 17% in 2023. Facility operations expenses increased to 42% of total service revenues and vehicle sales, up from 40% in 2024 and 39% in 2023. The company's revenues are primarily derived from auction and auction-related sales transaction fees for vehicle remarketing services, as well as fees for subsequent services such as delivery and storage. In the U.K., Germany, and Spain, Copart operates both as an agent and on a principal basis, including purchasing salvage vehicles for resale and selling dismantled parts in the U.K. under GPS. The company also facilitates vehicle sales and residual value determinations for insurance companies in Germany and Spain. Copart continued to implement operational procedures and integration of management information systems across acquired facilities, with adjustments in personnel deployment as necessary. The company monitors key financial indicators including service and vehicle sales revenue to manage and evaluate its financial and operating performance.