Copart management stated on the Q4 FY2026 earnings call that the company's global unit sales decreased by 2.9%, with a 5.7% decline domestically in the US and a 10% increase internationally. Global insurance units were down 4.2%, while international insurance units grew by 11.2%.
The call also noted that the total loss frequency reached 23.3% in Q2 2026, a new high for the period; the average collision severity per claim exceeded $6,300, an 8.8% year-over-year increase, marking the fastest growth in over three years and accelerating for the fourth consecutive quarter. Repair costs have risen by over 50% compared to 2019 levels.
Copart (CPRT) Q4 Earnings Call: Global unit sales down 2.9%, but international business grew 10%; total loss frequency hit a record high of 23.3%, and average collision severity increased by 8.8% year-over-year.
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Source:Yahoo财经 · Source Link
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