Copart Q1 FY2022 revenue $810.1M, net income $260.4M, EPS $1.08; up 30-37% YoY

COPART INC

2022-Q1 EPS reported $1.08 revenue$810,132,000

Revenue increased 36.6% YoY to $810.1M; gross profit $385.0M, up 29.7%.
Net income $260.4M, up 30.0%; diluted EPS $1.08 vs $0.83 last year.
Non-GAAP diluted EPS $1.07, up 35.4% from $0.79, excluding stock-based compensation tax benefits.
All metrics showed double-digit YoY growth driven by higher vehicle volume and pricing.

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