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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jul. 31, 2025
Jul. 31, 2024
Jul. 31, 2023
Total service revenues and vehicle sales $ 4,646,958 $ 4,236,823 $ 3,869,518
Operating expenses:      
Facility operations 1,944,318 1,710,084 1,518,029
Cost of vehicle sales 602,997 619,487 614,498
General and administrative 402,929 335,229 250,422
Total operating expenses 2,950,244 2,664,800 2,382,949
Operating income 1,696,714 1,572,023 1,486,569
Other income (expense):      
Interest income (expense), net 178,909 145,673 65,928
Other income (expense), net 19,958 (3,095) 1,831
Total other income 198,867 142,578 67,759
Income before income taxes 1,895,581 1,714,601 1,554,328
Income tax expense 347,218 352,254 316,587
Net income 1,548,363 1,362,347 1,237,741
Less: Net income (loss) attributable to redeemable noncontrolling interest (4,086) (673) 0
Net income attributable to Copart, Inc. $ 1,552,449 $ 1,363,020 $ 1,237,741
Basic net income per common share (in dollars per share) $ 1.61 $ 1.42 $ 1.30
Weighted average common shares outstanding (in shares) 965,306 960,739 953,574
Diluted net income per common share (in dollars per share) $ 1.59 $ 1.40 $ 1.28
Diluted weighted average common shares outstanding (in shares) 977,563 974,798 966,647
Service revenues      
Total service revenues and vehicle sales $ 3,968,662 $ 3,561,002 $ 3,198,128
Vehicle sales      
Total service revenues and vehicle sales $ 678,296 $ 675,821 $ 671,390