Copart

Q4 FY2026 EarningsQ4 FY26 results slightly missed consensus on the bottom line despite a modest top-line beat. Revenue reached $1.15B vs. $1.14B expected, but diluted EPS of $0.35 fell short of the $0.38 mean estimate due to lower-than-anticipated operating margins. Gross margin of 41.8% significantly lagged the 44.6% consensus, primarily driven by rising facility operations costs. While International revenue showed robust growth (+11.7% YoY), the consolidated net income decline of 17.4% YoY highlights intensifying margin pressure within the core domestic segment.