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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Oct. 31, 2025
Oct. 31, 2024
Total service revenues and vehicle sales $ 1,155,030 $ 1,146,829
Operating expenses:    
Facility operations 476,489 496,546
Cost of vehicle sales 141,543 138,178
General and administrative 106,304 105,738
Total operating expenses 724,336 740,462
Operating income 430,694 406,367
Other income (expense):    
Interest income, net 53,505 45,547
Other income (expense), net 2,924 (596)
Total other income 56,429 44,951
Income before income taxes 487,123 451,318
Income tax expense 84,913 90,142
Net income 402,210 361,176
Less: Net (loss) income attributable to redeemable noncontrolling interest (1,504) (910)
Net income attributable to Copart, Inc. $ 403,714 $ 362,086
Basic net income per common share (in dollars per share) $ 0.42 $ 0.38
Weighted average common shares outstanding (in shares) 967,650 963,176
Diluted net income per common share (in dollars per share) $ 0.41 $ 0.37
Diluted weighted average common shares outstanding (in shares) 977,100 976,506
Service revenues    
Total service revenues and vehicle sales $ 991,845 $ 986,336
Vehicle sales    
Total service revenues and vehicle sales $ 163,185 $ 160,493