Similar companies
Income Statement (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Revenue | 1.21B | 4.2% |
| Gross Profit | 552M | 5.1% |
| Cost of Revenue | 659M | 3.4% |
| Operating expense | 101M | 1.4% |
| Net Income | 407M | 5% |
| EBITDA | 506M | 5.3% |
Balance Sheet (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Total Assets | 9.67B | 5.3% |
| Total Liabilities | 870M | 0.7% |
| Total Equity | 8.78B | 5.8% |
| Shares Outstanding | 978M | 0% |
Cash Flow (USD)
| Q2 '25 | QoQ | |
|---|---|---|
| Cash from operations | 701M | 293.5% |
| Cash from investing | -1.69B | 193.5% |
| Cash from financing | 6.5M | 81.8% |
EPS
Financial Highlights for Copart in Q2 '25
Copart reported a revenue of 1.21B, which is a 4.2% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 552M, marking a 5.1% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 659M, a 3.4% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 101M, showing a 1.4% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 407M, showing a 5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 506M, showing a 5.3% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Copart with growth in revenue, gross profit, and net income. Higher operating expenses might indicate increased investments or potential inefficiencies.
