Copart (CPRT) Gross Margin (2009 - 2026)
Copart (CPRT) posted quarterly Gross Margin of 59.24% for Q2 2026, down 34.0% year-over-year from 89.76% in Q2 2025, and down 31.58% quarter-over-quarter from 86.59% in Q1 2026.
Copart (CPRT) Gross Margin (2009 - 2026) Analysis & Trends
Copart (CPRT) has reported Gross Margin for 18 consecutive years, with 59.24% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 34.0% year-over-year to 59.24%; the TTM figure through Apr 2026 stood at 79.66% (up 3129.0% YoY), while the FY2025 annual figure was 87.02%, up 2739.0% from the prior year.
- Gross Margin declined to 59.24% in Q2 2026 per CPRT's latest filing, from 86.59% in the prior quarter.
- Across five years, Gross Margin topped out at 87.95% in Q4 2024 and bottomed at 17.16% in Q3 2024.
- Historically, Gross Margin has averaged 66.66% across 5 years, with a median of 83.46% in 2022.
- Annual changes were most pronounced in 2024 — Gross Margin plunged 10221 bps — and 2025, when it jumped 10406 bps.
- Copart's Gross Margin stood at 83.09% in 2022, then declined by 28 bps to 59.97% in 2023, then soared by 47 bps to 87.95% in 2024, then fell by 0 bps to 87.75% in 2025, then slumped by 32 bps to 59.24% in 2026.
- Business Quant data shows CPRT's Gross Margin at 59.24% in Q2 2026, 86.59% in Q1 2026, and 87.75% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 50.95% |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 59.24% |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 61.04% |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 71.03% |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 8.51% |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 51.10% |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 86.78% |
| 10 | Unifirst | 5.23 Bn | 5.06 Bn | 234.73 Mn | 37.00% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 59.24% |
| Jan 31, 2026 | 86.59% |
| Oct 31, 2025 | 87.75% |
| Jul 31, 2025 | 86.90% |
| Apr 30, 2025 | 59.58% |
| Jan 31, 2025 | 57.87% |
| Oct 31, 2024 | 87.95% |
| Jul 31, 2024 | -17.16% |
| Apr 30, 2024 | 85.55% |
| Jan 31, 2024 | 85.61% |
| Oct 31, 2023 | 59.97% |
| Jul 31, 2023 | 85.04% |
| Apr 30, 2023 | 84.40% |
| Jan 31, 2023 | 60.75% |
| Oct 31, 2022 | 83.09% |
| Jul 31, 2022 | -0.24% |
| Apr 30, 2022 | 63.14% |
| Jan 31, 2022 | 83.83% |
| Oct 31, 2021 | 84.40% |
| Jul 31, 2021 | 84.82% |