Highest-materiality recent filing
Copart appoints A. Jayson Adair as CEO effective July 31, 2026; Jeff Liaw steps down
Jeffrey Liaw to step down as CEO and director on July 31; no disagreement cited.
Copart Q3 FY2026 EPS $0.43 (+2.4%); revenue $1.2B (+2.1%)
Revenue of $1.2B, up 2.1% YoY; gross profit $572.6M, up 3.7%.
Copart Q2 revenue down 3.6% to $1.1B; EPS falls to $0.36 from $0.40
Revenue $1.1B, down $41.6M (-3.6%) YoY; gross profit $492.8M, down 6.2%.
Copart Q1 FY2026 EPS $0.41 (+11.7%), net income $403.7M (+11.5%)
Revenue $1.16B (+0.7% YoY); net income attributable to Copart $403.7M (+11.5%).
Copart Q4 FY2025 net income up 22.9% YoY to $396M; EPS $0.41 (+24.2%)
Revenue $1.1B (+5.2% YoY), gross profit $510M (+12.4%), net income $396M (+22.9%).
Copart Q3 FY2025 revenue $1.2B, EPS $0.42, up 7.7% YoY
Revenue $1.2B (+7.5% YoY); gross profit $552.3M (+5.1%); net income $406.6M (+6.4%).
Copart Q2 FY2025 revenue $1.16B (+14% YoY); EPS $0.40 (+21.2%)
Revenue $1.16B for Q2 ended Jan 31, 2025, up $143.2M (+14.0%) YoY.
Copart Q1 FY2025 revenue $1.15B (+12.4% YoY); EPS $0.37 vs $0.34
Net income $362.1M (+8.9% YoY); diluted EPS $0.37 (+8.8% YoY).
Copart Q4 EPS $0.33 (-8.3% YoY); revenue $1.1B (+7.2%), net income down 7.3%
Q4 FY2024 revenue $1.1B, up 7.2% YoY; gross profit $454M (-0.9%); net income $323M (-7.3%).
Copart Q3 FY2024 revenue +10.3% to $1.13B; EPS $0.39 vs $0.36 (+8.3%)
Revenue of $1.13B, up $105.4M (+10.3%) YoY; gross profit $525.5M (+8.7%).
Copart appoints Jeff Liaw as sole CEO; Jay Adair becomes Executive Chairman, effective April 1, 2024
Jeff Liaw, previously Co-CEO since March 2022, becomes sole CEO and joins Board, increasing board size to 12.
Copart Q1 FY2024: Revenue $1.02B (+14.2%), EPS $0.34 (+36% YoY)
Revenue of $1,020.4M, up 14.2% YoY; net income of $332.5M, up 35.3%.
Copart Q4 revenue $997.6M, up 12.9%; EPS $0.36, up 33.3%
Q4 revenue $997.6M (+12.9% YoY); gross profit $457.6M (+19.9%); net income $347.8M (+31.9%).
Copart announces 2-for-1 stock split, record date Aug 14, distribution Aug 21
Board approved 2-for-1 stock split effected as a stock dividend.
Copart reports Q3 FY2023 revenue $1.02B, net income $350.4M; EPS $0.72 (+24% YoY)
Revenue of $1,021.8M, up 8.7% YoY; gross profit $483.4M (+10.8%); net income $350.4M (+25.8%).
Copart Q1 FY2023: Revenue $893.4M (+10.3% YoY), EPS $0.51 vs $0.54; Hurricane Ian costs ~$25M
Revenue $893.4M, up 10.3% YoY; net income $245.8M, down 5.6% YoY.
Copart CFO John North resigns effective Aug 31 to become CEO of Lazydays Holdings
John North resigns as SVP and CFO effective August 31, 2022.
Copart Q3 FY2022 revenue up 28.1% to $939.9M; GAAP EPS down 2.5% to $1.16
Revenue $939.9M (+28.1% YoY); gross profit $436.3M (+14.4%); net income $278.6M (-2.9%).
Copart Q3 FY2022 revenue up 28.1% to $939.9M; GAAP EPS falls 2.5%
Revenue $939.9M (+28.1% YoY); gross profit $436.3M (+14.4%).
Copart promotes Jeff Liaw to co-CEO effective April 1, 2022
Jeff Liaw appointed co-CEO alongside current CEO A. Jayson Adair.
Copart corrects Q2 FY2022 financials reclassifying $374.8M Treasury Bills to short-term investments
Amendment reclassifies $374.8M Treasury Bills from cash equivalents to short-term investments on balance sheet.
Copart Q2 FY2022 net income up 48.6% YoY to $287.4M, EPS $1.19 vs $0.81
Revenue $867.5M (+40.6% YoY), net income $287.4M (+48.6% YoY), diluted EPS $1.19 (+46.9%).
Copart upsizes revolving credit facility to $1.25B, extends maturity to Dec 2026
Increased revolving credit commitments by $200M to $1.25B; maturity extended from July 2023 to December 21, 2026.
Copart Q1 FY2022 revenue $810.1M, net income $260.4M, EPS $1.08; up 30-37% YoY
Revenue increased 36.6% YoY to $810.1M; gross profit $385.0M, up 29.7%.
Copart Q4 FY2021 revenue +42% to $748.6M; EPS $1.06 vs $0.69 YoY
Q4 revenue $748.6M (+42.4%), net income $256.0M (+54.6%), diluted EPS $1.06 (+53.6% YoY).
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.
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.
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
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
and in connection with such appointment, the size of the Board will be increased from 11 directors to 12 directors
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
Jeffrey Liaw will become the Company’s sole Chief Executive Officer and be appointed to the Board
Willis J. Johnson will continue to serve as the chairman of the Board but will no longer serve as an executive chairman
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.
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.
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.
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.
Max materiality 0.80 · Median 0.65 · Most common event earnings