Copart Inc. reported Q3 fiscal 2026 earnings on May 21, surpassing analyst expectations. EPS came in at $0.43 versus $0.41 forecast, a 4.88% surprise.
Revenue reached $1.24 billion, exceeding the $1.2 billion estimate. Following the announcement, Copart's stock rose 4.09% to close at $33.04.
International revenue grew 14.1% year-over-year, driven by strong performance in the UK and Germany. The company continues to invest in AI and logistics expansion.
CEO Jeff Liaw highlighted AI's role in claims processing and the launch of long-haul delivery services in the US. The company's global buyer network now spans over 160 countries.
