{"schema_version":"secwatch.filing_event.v1","accession":"0000900075-22-000059","form_type":"8-K","ticker":"CPRT","cik":"0000900075","company_name":"COPART INC","filed_at":"2022-11-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.943212+00:00","generated_at":"2026-06-21T17:10:10.224774+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Copart Q1 FY2023: Revenue $893.4M (+10.3% YoY), EPS $0.51 vs $0.54; Hurricane Ian costs ~$25M","bullets":["Revenue $893.4M, up 10.3% YoY; net income $245.8M, down 5.6% YoY.","GAAP diluted EPS $0.51 vs $0.54; non-GAAP diluted EPS $0.51 vs $0.53.","Gross profit $369.5M, down 4.0% YoY due to higher operating costs.","Hurricane Ian (Category 4, Sep 28) caused ~$25M in incremental costs (subhaulers, overtime, travel/lodging)."],"urls":{"canonical":"https://secwatch.observer/filing/0000900075-22-000059","json":"https://secwatch.observer/filing/0000900075-22-000059.json","markdown":"https://secwatch.observer/filing/0000900075-22-000059.md","text":"https://secwatch.observer/filing/0000900075-22-000059.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/900075/000090007522000059/0000900075-22-000059-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/900075/000090007522000059/cprt-20221116.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T17:10:10.224774+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d814141da76ec58720ca806fad1bf0b0984f8280","claim":"COPART INC reported the first quarter of fiscal year 2023, which ended October 31, 2022 results: revenue $893.4 million, net income $245.8 million, EPS $0.51.","evidence_excerpt":"For the three months ended October 31, 2022, revenue, gross profit, and net income were $893.4 million, $369.5 million, and $245.8 million, respectively. These represent an increase in revenue of $83.2 million, or 10.3%; a decrease in gross profit of $15.5 million, or 4.0%; and a decrease in net income of $14.5 million, or 5.6%, respectively, from the same period last year. Fully diluted earnings per share for the three months were $0.51 compared to $0.54 last year, a decrease of 5.6%.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/900075/000090007522000059/0000900075-22-000059-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of fiscal year 2023, which ended October 31, 2022"},{"label":"Revenue","value":"$893.4 million"},{"label":"Net income","value":"$245.8 million"},{"label":"EPS","value":"$0.51"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}