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COPART INC — fact timeline

Source-grounded facts extracted from COPART INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

CPRT COPART INC JSON

Jane Pocock was appointed as President at COPART INC.

“On August 16, 2026, the Compensation Committee (the “Committee”) of the Board of Directors (the “Board”) of the Company approved the following compensation arrangements for Jane Pocock in connection with her appointment as President on August 1, 2026.”

David J. Berger was appointed as director at COPART INC.

“On August 13, 2026 (the “Effective Date”), the Board of Directors (the “Board”) of Copart, Inc. (the “Company”), upon the recommendation of its Nominating, Governance, and Sustainability Committee, appointed David J. Berger to serve as a director effective as of the Effective Date, with an initial term expiring at the Company’s 2026 annual meeting of stockholders.”

Jeffrey Liaw departed as Chief Executive Officer at COPART INC.

“Jeffrey Liaw, who will step down as Chief Executive Officer and principal executive officer and will resign from the Board, each effective as of the Transition Date. Mr. Liaw’s decision to resign was not the result of any disagreement”

A. Jayson Adair was appointed as Chief Executive Officer at COPART INC.

“appointed A. Jayson Adair, the Company’s current Executive Chairman, as Chief Executive Officer and principal executive officer (the “CEO Transition”), effective as of July 31, 2026”
Earnings Releases

COPART INC reported the nine months ended April 30, 2026 results: revenue $3.5 billion, net income $1.2 billion, EPS $1.20.

“For the nine months ended April 30, 2026, revenue, gross profit, and net income attributable to Copart, Inc. were $3.5 billion, $1.6 billion, and $1.2 billion, respectively. These represent a decrease in revenue of $(8.1) million, or (0.2)%; an increase in gross profit of $12.5 million, or 0.8%; and an increase in net income attributable to Copart, Inc. of $0.8 million, or 0.1 %, respectively, from the same period last year. Fully diluted earnings per share for nine months ended April 30, 2026 was $1.20 compared to $1.18 last year, an increase of 1.7 %.”
Earnings Releases

COPART INC reported the quarter ended April 30, 2026 results: revenue $1.2 billion, net income $402.4 million, EPS $0.43.

“For the three months ended April 30, 2026, revenue, gross profit, and net income attributable to Copart, Inc. were $1.2 billion, $572.6 million, and $402.4 million, respectively. These represent an increase in revenue of $25.4 million, or 2.1%; an increase in gross profit of $20.3 million, or 3.7%; and a decrease in net income attributable to Copart, Inc. of $(4.2) million, or (1.0)%, respectively, from the same period last year. Fully diluted earnings per share for three months ended April 30, 2026 was $0.43 compared to $0.42 last year, an increase of 2.4%.”
Debt Financings

COPART INC incurred revolving credit of $1,250.0 million with Wells Fargo Bank, National Association at either (1) the applicable fixed rate plus 0.75% to 1.125% or (2) the daily rate maturing January 23, 2031.

“The Credit Agreement provides for a $1,250.0 million revolving credit facility maturing on January 23, 2031”
Material Agreements

COPART INC terminated Existing Credit Agreement with Bank of America, N.A., as the administrative agent (effective 2026-01-23).

“Concurrently with entry into the Credit Agreement, Copart terminated all available commitments and repaid all amounts outstanding under that certain Second Amended and Restated Credit Agreement, dated as of December 21, 2021, by and among the Copart, the designated borrowers from time to time party thereto, the guarantors from time to time party thereto, the lenders party from time to time thereto and Bank of America, N.A., as the administrative agent (the “ Existing Credit Agreement ”).”
Material Agreements

COPART INC entered into Credit Agreement with Wells Fargo Bank, National Association, as administrative agent valued at $1,250.0 million revolving credit facility (effective 2026-01-23).

“On January 23, 2026, Copart, Inc. (“ Copart ”) entered into a Senior Revolving Credit Agreement (the “ Credit Agreement ”) by and among Copart, certain subsidiaries of Copart party thereto, the lenders party thereto, and Wells Fargo Bank, National Association, as administrative agent.”
Governance Changes

COPART INC: Adopted amended and restated Bylaws to increase maximum board size from 11 to 12 directors, add Executive Chair officer role, and clarify chairman of Board is not an officer (effective 2024-04-01).

“the Board approved the adoption of amended and restated Bylaws of the Company, to be effective as of the Effective Date, which will amend the Company’s current Bylaws to, among other things, (i) increase the maximum size of the Board from 11 directors to 12 directors, (ii) add the role of Executive Chair to the list of the Company’s officers and (iii) clarify that the role of chairman of the Board is a position of the Board and not an officer of the Company.”

Willis J. Johnson changed role as Chairman of the Board at COPART INC.

“Willis J. Johnson will continue to serve as the chairman of the Board but will no longer serve as an executive chairman”

Jeffrey Liaw was appointed as Director at COPART INC.

“and in connection with such appointment, the size of the Board will be increased from 11 directors to 12 directors”

Jeffrey Liaw changed role as Chief Executive Officer at COPART INC.

“Jeffrey Liaw will become the Company’s sole Chief Executive Officer and be appointed to the Board”

A. Jayson Adair changed role as Executive Chair at COPART INC.

“A. Jayson Adair will transition from serving as a co-Chief Executive Officer of the Company to serving as the Company’s Executive Chair and will continue to serve as a member of the Company’s Board of Directors”
Earnings Releases

COPART INC reported the six months ended January 31, 2024 results: revenue $2.04 billion, net income $658.2 million, EPS $0.68.

“For the six months ended January 31, 2024, revenue, gross profit, and net income attributable to Copart Inc. were $2.04 billion, $928.2 million, and $658.2 million, respectively. These represent an increase in revenue of $190.5 million, or 10.3%; an increase in gross profit of $132.2 million, or 16.6%; and an increase in net income attributable to Copart Inc. of $118.6 million, or 22.0%, respectively, from the same period last year. Fully diluted earnings per share for the six months were $0.68 compared to $0.56 last year, an increase of 21.4%.”
Earnings Releases

COPART INC reported the quarter ended January 31, 2024 results: revenue $1.02 billion, net income $325.6 million, EPS $0.33.

“For the three months ended January 31, 2024, revenue, gross profit, and net income attributable to Copart Inc. were $1.02 billion, $464.2 million, and $325.6 million, respectively. These represent an increase in revenue of $63.4 million, or 6.6%; an increase in gross profit of $37.7 million, or 8.8%; and an increase in net income attributable to Copart Inc. of $32.0 million, or 10.9%, respectively, from the same period last year. Fully diluted earnings per share for the three months were $0.33 compared to $0.30 last year, an increase of 10.0%.”
Shareholder Votes

COPART INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2023-12-08 meeting.

“The stockholders ratified the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending July 31, 2024, based on the following results of voting: Votes For Votes Against Votes Withheld Broker Non-Votes 857,466,735 10,377,838 488,673 —”
Shareholder Votes

COPART INC shareholders approved Advisory Vote on Frequency of Advisory Vote on Executive Compensation at the 2023-12-08 meeting.

“On an advisory (non-binding) basis, the stockholders indicated their preference that an advisory vote on executive compensation occur annually: One Year Two Years Three Years Votes Withheld Broker Non-Votes 818,528,488 1,939,070 13,267,373 668,050 33,930,265”
Shareholder Votes

COPART INC shareholders approved Advisory Vote on Approval of Executive Compensation at the 2023-12-08 meeting.

“On an advisory (non-binding) basis, the stockholders approved the compensation of our named executive officers for the year ended July 31, 2023 as disclosed in our proxy statement, based on the following results of voting: Votes For Votes Against Votes Withheld Broker Non-Votes 663,404,339 164,565,948 6,432,694 33,930,265”
Shareholder Votes

COPART INC shareholders approved Election of Directors at the 2023-12-08 meeting.

“The stockholders elected the following nominees to serve as directors, each to hold office until the Company’s 2024 annual meeting of stockholders or until their respective successors are duly elected and qualified: Nominee Votes For Votes Against Votes Withheld Broker Non-Votes Willis J. Johnson 795,551,222 38,231,656 620,103 33,930,265 A. Jayson Adair 819,149,536 14,632,918 620,527 33,930,265 Matt Blunt 791,140,751 36,852,793 6,409,437 33,930,265 Steven D. Cohan 761,078,634 66,382,219 6,942,128 33,930,265 Daniel J. Englander 736,200,889 91,818,621 6,383,471 33,930,265 James E. Meeks 793,668,428 33,862,424 6,872,129 33,930,265 Thomas N. Tryforos 785,566,143 48,095,441 741,397 33,930,265 Diane M. Morefield 720,433,364 113,231,950 737,667 33,930,265 Stephen Fisher 823,084,931 10,612,293 705,757 33,930,265 Cherylyn Harley LeBon 796,076,823 37,651,100 675,058 33,930,265 Carl D. Sparks 793,095,486 40,500,201 807,294 33,930,265”
Earnings Releases

COPART INC reported first quarter of fiscal year 2024 ended October 31, 2023 results: revenue $1,020.4 million, net income $332.5 million, EPS $0.34.

“revenue, gross profit, and net income were $1,020.4 million, $464.0 million, and $332.5 million, respectively.”
Earnings Releases

COPART INC reported the year ended July 31, 2023 results: revenue $3.9 billion, net income $1.2 billion, EPS $1.28.

“For the year ended July 31, 2023, revenue, gross profit, and net income were $3.9 billion, $1.7 billion, and $1.2 billion, respectively. These represent an increase in revenue of $368.6 million, or 10.5%; an increase in gross profit of $130.8 million, or 8.1%; and an increase in net income of $147.6 million, or 13.5%, respectively, from the same period last year. Fully diluted earnings per share for the year ended July 31, 2023 were $1.28 compared to $1.13 last year, an increase of 13.3%.”
Earnings Releases

COPART INC reported the fourth quarter of fiscal year 2023, which ended July 31, 2023 results: revenue $997.6 million, net income $347.8 million, EPS $0.36.

“For the three months ended July 31, 2023, revenue, gross profit, and net income were $997.6 million, $457.6 million, and $347.8 million, respectively. These represent an increase in revenue of $114.2 million, or 12.9%; an increase in gross profit of $76.0 million, or 19.9%; and an increase in net income of $84.1 million, or 31.9%, respectively, from the same period last year. Fully diluted earnings per share for the three months ended July 31, 2023 were $0.36 compared to $0.27 last year, an increase of 33.3%.”
Earnings Releases

COPART INC reported nine months ended April 30, 2023 results: revenue $2,871.9 million, net income $890.0 million, EPS $1.84.

“For the nine months ended April 30, 2023, revenue, gross profit, and net income were $2,871.9 million, $1,279.4 million, and $890.0 million, respectively.”
Earnings Releases

COPART INC reported third quarter of fiscal year 2023, which ended April 30, 2023 results: revenue $1,021.8 million, net income $350.4 million, EPS $0.72.

“Inc. (NASDAQ: CPRT) today reported financial results for the quarter ended April 30, 2023. For the three months ended April 30, 2023, revenue, gross profit, and net income were $1,021.8 million, $483.4 million, and $350.4 million, respectively. These represent an increase in revenue of $81.9 million, or 8.7%; an increase in gross profit of $47.2 million, or 10.8%; and”
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.

“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)%.”
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.

“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.”
Shareholder Votes

COPART INC shareholders approved Ratification of Appointment of Independent Registered Public Accounting Firm at the 2022-12-02 meeting.

“3. Ratification of Appointment of Independent Registered Public Accounting Firm. The stockholders ratified the appointment of Ernst & Young LLP as our independent registered public accounting firm for the fiscal year ending July 31, 2023, based on the following results of voting: Votes For Votes Against Votes Withheld Broker Non-Votes 216,981,312 3,108,794 90,633 —”
Shareholder Votes

COPART INC shareholders approved Advisory Vote on Approval of Executive Compensation at the 2022-12-02 meeting.

“2. Advisory Vote on Approval of Executive Compensation. On an advisory (non-binding) basis, the stockholders approved the compensation of our named executive officers for the year ended July 31, 2022 as disclosed in our proxy statement, based on the following results of voting: Votes For Votes Against Votes Withheld Broker Non-Votes 130,777,507 80,109,873 546,306 8,747,053”
Shareholder Votes

COPART INC shareholders approved Election of Directors at the 2022-12-02 meeting.

“1. Election of Directors. The stockholders elected the following nominees to serve as directors, each to hold office until the Company’s 2023 annual meeting of stockholders or until their respective successors are duly elected and qualified: Nominee Votes For Votes Against Votes Withheld Broker Non-Votes Willis J. Johnson 201,100,622 10,222,879 110,185 8,747,053 A. Jayson Adair 207,421,718 3,907,274 104,694 8,747,053 Matt Blunt 201,618,695 9,709,066 105,925 8,747,053 Steven D. Cohan 178,397,487 32,923,951 112,248 8,747,053 Daniel J. Englander 171,486,495 39,451,254 495,937 8,747,053 James E. Meeks 203,425,031 7,896,910 111,745 8,747,053 Thomas N. Tryforos 201,277,619 10,035,770 120,297 8,747,053 Diane M. Morefield 194,155,686 17,167,945 110,055 8,747,053 Stephen Fisher 190,503,785 20,807,266 122,635 8,747,053 Cherylyn Harley LeBon 204,399,709 6,929,860 104,117 8,747,053 Carl D. Sparks 188,126,954 23,189,665 117,067 8,747,053”

Gavin Renfrew changed role as vice president for global accounting at COPART INC.

“Upon Ms. Stearns' commencement of employment with the Company, Gavin Renfrew, currently serving as principal financial officer, will continue his role as the Company’s vice president for global accounting.”

Leah C. Stearns was appointed as senior vice president and chief financial officer at COPART INC.

“On December 1, 2022, the Board of Directors of Copart, Inc. (the “Company”) appointed Leah C. Stearns, age 42, as the Company's senior vice president and chief financial officer, effective as of December 5, 2022.”
Earnings Releases

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.

“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%.”
Governance Changes

COPART INC: Amendment and restatement of Certificate of Incorporation to increase authorized common stock from 400,000,000 to 1,600,000,000 shares (effective 2022-10-31).

“On October 31, 2022, Copart, Inc.’s (the “Company,” “we,” “us,” or “our”) stockholders approved an amendment and restatement of our Certificate of Incorporation to, among other things, increase the number of authorized shares of common stock of Copart, Inc. from 400,000,000 to 1,600,000,000 (the “Restated Certificate”).”
Shareholder Votes

COPART INC shareholders approved Amendment and restatement of our Certificate of Incorporation to, among other things, increase the number of shares of our common stock authorized for issuance from 400,000,000 shares to 1,600,000,000 shares, primarily to facilitate a 2-for-1 split of our common stock in the form of a stock dividend at the 2022-10-31 meeting.

“1. Authorized Share Increase. Amendment and restatement of our Certificate of Incorporation to, among other things, increase the number of shares of our common stock authorized for issuance from 400,000,000 shares to 1,600,000,000 shares, primarily to facilitate a 2-for-1 split of our common stock in the form of a stock dividend: Votes For Votes Against Votes Withheld Broker Non-Votes 198,635,737 10,466,063 182,928 0”

Gavin Renfrew was appointed as Principal Financial Officer and Principal Accounting Officer at COPART INC.

“On September 23, 2022, the Board of Directors (the "Board") of Copart, Inc. (the "Company") appointed Gavin Renfrew, the Company's Vice President of Global Accounting, as Principal Financial Officer and Principal Accounting Officer on an interim basis during the pendency of the Company's search for a new Chief Financial Officer.”

John North resigned as Senior Vice President and Chief Financial Officer at COPART INC.

“On July 14, 2022, John North notified Copart, Inc. (the "Company") of his intention to resign as Senior Vice President and Chief Financial Officer, effective on August 31, 2022.”

Jeffrey Liaw was elected as co-chief executive officer at COPART INC.

“unanimously elected Jeffrey Liaw as co-chief executive officer, effective April 1, 2022”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.