Copart Logs Higher 4Q Profit as Sales Rise

Dow Jones

Sep 05

By Kelly Cloonan

Copart logged higher profit in its latest quarter as sales rose, driven by a jump in service revenue.

The platform for online car auctions on Thursday posted a profit of $396.4 million, or 41 cents a share, compared with $322.6 million, or 33 cents a share, a year earlier.

Revenue rose 5.2% to $1.13 billion. Analysts polled by FactSet expected $1.14 billion.

Service revenue, which makes up most of the company's top line, rose 7.1%, offsetting a 4% decline in vehicle sales.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

September 04, 2025 16:36 ET (20:36 GMT)

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Analysts polled by FactSet expected $1.14 billion. \n\n\n  Service revenue, which makes up most of the company's top line, rose 7.1%, offsetting a 4% decline in vehicle sales. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 04, 2025 16:36 ET (20:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}