cprt: the income statement

MyFinsight

For the year ending 2025-07-31, CPRT made $4,646,958K in revenue. $1,552,449K in net income. Net profit margin of 33.41%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-07-31	2024-07-31	2023-07-31	2022-07-31
Total service revenues and vehicle sales	4,646,958	4,236,823	3,869,518	3,500,921
Facility operations	1,944,318	1,710,084	1,518,029	1,309,497
Cost of vehicle sales	602,997	619,487	614,498	585,203
General and administrative	402,929	335,229	250,422	231,224
Total operating expenses	2,950,244	2,664,800	2,382,949	2,125,924
Operating income	1,696,714	1,572,023	1,486,569	1,374,997
Interest income (expense), net	178,909	145,673	65,928	-16,688
Loss on extinguishment of debt	-	0	0	-16,759
Other income (expense), net	19,958	-3,095	1,831	-596
Total other income	198,867	142,578	67,759	-34,043
Income before income taxes	1,895,581	1,714,601	1,554,328	1,340,954
Income tax expense	347,218	352,254	316,587	250,824
Net income	1,548,363	1,362,347	-	-
Less net income (loss) attributable to redeemable noncontrolling interest	-4,086	-673	-	-
Net income attributable to copart, inc	1,552,449	1,363,020	1,237,741	1,090,130

Basic net income per common share (in dollars per share)	1.61	1.42	1.3	4.59
Diluted net income per common share (in dollars per share)	1.59	1.4	1.28	4.52
Diluted weighted average common shares outstanding (in shares)	977,563,000	974,798,000	966,647,000	241,151,000
Weighted average common shares outstanding (in shares)	965,306,000	960,739,000	953,574,000	237,419,000