
Copart, Inc. (NASDAQ:CPRT) Q4 2025 Earnings Call September 4, 2025 5:30 PM EDT
Company Participants
Jeffrey Liaw – CEO & Director
Leah Stearns – Senior VP & CFO
Conference Call Participants
Bob Labick – CJS Securities, Inc.
John Healy – Northcoast Research Partners, LLC
Christopher Bottiglieri – BNP Paribas Exane, Research Division
Bret Jordan – Jefferies LLC, Research Division
Jeffrey Lick – Stephens Inc., Research Division
Jash Patwa – JPMorgan Chase & Co, Research Division
Presentation
Operator
Good day, everyone, and welcome to the Copart, Inc. Fourth Quarter Fiscal 2025 Earnings Call. Just a reminder, today’s conference is being recorded. Before turning the call over to management, I will share Copart’s safe harbor statement.
The company’s comments today include forward-looking statements within the meaning of federal securities laws, including management’s current views with respect to trends, opportunities and uncertainties in the company’s markets. These forward-looking statements involve substantial risks and uncertainties. For more detail on the risks associated with the company’s business, we refer you to the section titled Risk Factors and the company’s annual report on Form 10-K for the year ended July 31, 2024, and each of the company’s subsequent quarterly reports on Form 10-Q. Any forward-looking statements are made as of today, and the company has no obligation to update or revise any forward-looking statements.
I will now turn the call over to the company’s CEO, Jeff Liaw.
Jeffrey Liaw
CEO & Director
Thank you, Owen. Welcome, and thanks for joining us for our fiscal year 2025 call. We’re pleased to announce the results of another record year for Copart across a number of dimensions, including units sold, revenue and operating profit. For that, I wanted to extend our gratitude to our clients, our members and our people who enable our success.
I’ll begin today with some brief remarks on our
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