v3.26.1
Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 9 Months Ended
Apr. 30, 2026
Apr. 30, 2025
Apr. 30, 2026
Apr. 30, 2025
Total service revenues and vehicle sales $ 1,237,066 $ 1,211,716 $ 3,513,770 $ 3,521,861
Operating expenses:        
Facility operations 504,190 489,735 1,459,109 1,476,337
Cost of vehicle sales 160,277 169,714 452,252 455,599
General and administrative 108,317 100,722 318,723 305,802
Total operating expenses 772,784 760,171 2,230,084 2,237,738
Operating income 464,282 451,545 1,283,686 1,284,123
Other income (expense):        
Interest income, net 38,813 42,776 142,305 129,070
Other (expense) income, net (1,001) 8,483 4,275 3,980
Total other income 37,812 51,259 146,580 133,050
Income before income taxes 502,094 502,804 1,430,266 1,417,173
Income tax expense 100,701 97,466 276,696 264,118
Net income 401,393 405,338 1,153,570 1,153,055
Less: Net loss attributable to redeemable noncontrolling interest (1,008) (1,271) (3,277) (3,040)
Net income attributable to Copart, Inc. $ 402,401 $ 406,609 $ 1,156,847 $ 1,156,095
Basic net income per common share (in dollars per share) $ 0.43 $ 0.42 $ 1.21 $ 1.2
Weighted average common shares outstanding (in shares) 936,293 966,234 957,280 964,702
Diluted net income per common share (in dollars per share) $ 0.43 $ 0.42 $ 1.2 $ 1.18
Diluted weighted average common shares outstanding (in shares) 942,770 978,089 965,215 977,485
Service revenues        
Total service revenues and vehicle sales $ 1,056,080 $ 1,034,836 $ 2,999,976 $ 3,012,453
Vehicle sales        
Total service revenues and vehicle sales $ 180,986 $ 176,880 $ 513,794 $ 509,408