v3.25.4
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Jan. 31, 2026
Jan. 31, 2025
Jan. 31, 2026
Jan. 31, 2025
Total service revenues and vehicle sales $ 1,121,674 $ 1,163,316 $ 2,276,704 $ 2,310,145
Operating expenses:        
Facility operations 478,430 490,056 954,919 986,602
Cost of vehicle sales 150,432 147,707 291,975 285,885
General and administrative 104,102 99,342 210,406 205,080
Total operating expenses 732,964 737,105 1,457,300 1,477,567
Operating income 388,710 426,211 819,404 832,578
Other income (expense):        
Interest income, net 49,987 40,747 103,492 86,294
Other income (expense), net 2,352 (3,907) 5,276 (4,503)
Total other income 52,339 36,840 108,768 81,791
Income before income taxes 441,049 463,051 928,172 914,369
Income tax expense 91,082 76,510 175,995 166,652
Net income 349,967 386,541 752,177 747,717
Less: Net loss attributable to redeemable noncontrolling interest (765) (859) (2,269) (1,769)
Net income attributable to Copart, Inc. $ 350,732 $ 387,400 $ 754,446 $ 749,486
Basic net income per common share (in dollars per share) $ 0.36 $ 0.4 $ 0.78 $ 0.78
Weighted average common shares outstanding (in shares) 967,212 964,746 967,431 963,961
Diluted net income per common share (in dollars per share) $ 0.36 $ 0.4 $ 0.77 $ 0.77
Diluted weighted average common shares outstanding (in shares) 975,089 977,910 976,095 977,208
Service revenues        
Total service revenues and vehicle sales $ 952,051 $ 991,281 $ 1,943,896 $ 1,977,617
Vehicle sales        
Total service revenues and vehicle sales $ 169,623 $ 172,035 $ 332,808 $ 332,528