Copart, Inc. Reports Impressive 31.9% Increase in Net Income for Fiscal Year 2023*

Copart, Inc. (CPRT), a global leader in on line vehicle auction and remarketing services, has announced its financial results for the fiscal year ended July 31, 2023. The company achieved remarkable growth in both net income and revenue, demonstrating its resilience and success in a challenging market.

Net Income Surges by 31.9%

Copart, Inc. reported a net income of $1.24 billion for the fiscal year 2023, representing an impressive 31.9% increase compared to the previous year's $1.09 billion. This substantial growth in net income underscores Copart's ability to efficiently navigate market dynamics while delivering outstanding results to its shareholders.

Revenue Reaches Record High