Copart reports fourth quarter fiscal 2023 financial results

Dallas--(business wire)--copart, inc. (nasdaq: cprt) today reported financial results for the quarter and year ended july 31, 2023. for the three months ended july 31, 2023, revenue, gross profit, and net income were $997.6 million, $457.6 million, and $347.8 million, respectively. these represent an increase in revenue of $114.2 million, or 12.9%; an increase in gross profit of $76.0 million, or 19.9%; and an increase in net income of $84.1 million, or 31.9%, respectively, from the same period.
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