Copart Q2 FY2022 net income up 48.6% YoY to $287.4M, EPS $1.19 vs $0.81

COPART INC

2022-Q2 EPS reported $2.27 revenue$1,677,592,000

Revenue $867.5M (+40.6% YoY), net income $287.4M (+48.6% YoY), diluted EPS $1.19 (+46.9%).
Non-GAAP diluted EPS $1.10 (up 37.5% from $0.80) excluding discrete income tax items and stock compensation benefits.
Six-month revenue $1.68B (+38.6%), net income $547.8M (+39.1%), diluted EPS $2.27 (+38.4%).
Gross profit $403.3M (+31.2% YoY); operating margins remain strong.

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