---
schema_version: "secwatch.filing_event.v1"
accession: "0000900075-23-000004"
form_type: "8-K"
ticker: "CPRT"
cik: "0000900075"
company_name: "COPART INC"
filed_at: "2023-02-21T23:59:59+00:00"
generated_at: "2026-06-19T07:37:59.159120+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Copart Q2 revenue $956.7M (+10.3%); GAAP EPS $0.61, non-GAAP EPS $0.61 (+10.9%)

## Summary
- Revenue $956.7M, up 10.3% YoY; gross profit $426.5M, up 5.7%.
- Net income $293.7M, up 2.2%; diluted EPS $0.61 vs $0.60 (+1.7%).
- Non-GAAP diluted EPS $0.61 vs $0.55 (+10.9%), excluding discrete tax items.
- Six-month revenue $1,850.1M (+10.3%); net income $539.5M (-1.5%); EPS $1.12 vs $1.14.
- Non-GAAP six-month EPS $1.12 vs $1.08 (+3.7%).

## SEC filing metadata
- accession: 0000900075-23-000004
- form_type: 8-K
- ticker: CPRT
- cik: 0000900075
- company_name: COPART INC
- filed_at: 2023-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/900075/000090007523000004/0000900075-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/900075/000090007523000004/cprt-20230220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000900075-23-000004
- JSON: https://secwatch.observer/filing/0000900075-23-000004.json
- Plain text: https://secwatch.observer/filing/0000900075-23-000004.txt

## Key facts
- Earnings Releases
  COPART INC reported for the six months ended January 31, 2023 results: revenue $1,850.1 million, net income $539.5 million, EPS $1.12.
  - Period: for the six months ended January 31, 2023
  - Revenue: $1,850.1 million
  - Net income: $539.5 million
  - EPS: $1.12
  - Result: reported results
  source text: For the six months ended January 31, 2023, revenue, gross profit, and net income were $1,850.1 million, $796.0 million, and $539.5 million, respectively. These represent an increase in revenue of $172.5 million, or 10.3%; an increase in gross profit of $7.6 million, or 1.0%; and a decrease in net income of $8.3 million, or (1.5)%, respectively, from the same period last year. Fully diluted earnings per share for the six months were $1.12 compared to $1.14 last year, a decrease of (1.8)%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/900075/000090007523000004/0000900075-23-000004-index.htm
- Earnings Releases
  COPART INC reported for the three months ended January 31, 2023 results: revenue $956.7 million, net income $293.7 million, EPS $0.61.
  - Period: for the three months ended January 31, 2023
  - Revenue: $956.7 million
  - Net income: $293.7 million
  - EPS: $0.61
  - Result: reported results
  source text: Copart Reports Second Quarter Fiscal 2023 Financial Results Dallas, Texas February 20, 2023 — Copart, Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended January 31, 2023. For the three months ended January 31, 2023, revenue, gross profit, and net income were $956.7 million, $426.5 million, and $293.7 million, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/900075/000090007523000004/0000900075-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.