Copart to Release Q2 Fiscal 2026 Earnings on February 19, 2026
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 12 2026
0mins
Source: Newsfilter
- Earnings Release Schedule: Copart will announce its Q2 fiscal 2026 earnings on February 19, 2026, at 4:00 PM ET, followed by a conference call at 5:30 PM ET to discuss financial performance and insights.
- Live Conference Call: The conference call will be webcast live on Copart's investor relations website, allowing investors to participate via the 'Listen Here' link, enhancing transparency and engagement with stakeholders.
- Company Overview: Founded in 1982, Copart is a global leader in online vehicle auctions, connecting approximately 1 million members across 185 countries, showcasing its significant influence in the global market.
- Sales Performance Summary: Over the past year, Copart sold more than 4 million vehicles across 250+ locations in 11 countries, demonstrating its extensive reach and strong demand in the vehicle remarketing services sector.
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Analyst Views on CPRT
Wall Street analysts forecast CPRT stock price to rise
4 Analyst Rating
1 Buy
2 Hold
1 Sell
Hold
Current: 28.100
Low
33.00
Averages
43.33
High
52.00
Current: 28.100
Low
33.00
Averages
43.33
High
52.00
About CPRT
Copart, Inc. is a provider of online auctions and vehicle remarketing services. The Company provides vehicle sellers with a full range of services to process and sell vehicles over the internet through the Company's Virtual Bidding Third Generation (VB3) internet auction-style sales technology. The Company sells principally to licensed vehicle dismantlers, rebuilders, repair licenses, used vehicle dealers, exporters, and directly to the public. Vehicle sellers consist primarily of insurance companies, but also include dealers, individuals, charities, rental, banks, finance companies, and fleet operators. It operates at more than 250 locations in 11 countries and has more than 175,000 vehicles up for auction every day. The Company operates in the United States, the United Kingdom, Germany, Brazil, Canada, the United Arab Emirates, Spain, Finland, Oman, the Republic of Ireland, and Bahrain. It operates both as an agent and on a principal basis.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Surprise CEO Departure: Copart announced that CEO Jeff Liaw will step down on July 31, prompting investors to aggressively sell shares on Monday, resulting in an 8% drop in stock price, indicating market concerns over the leadership change.
- Succession Plan: Liaw will be succeeded by current executive chairman Jay Adair, who previously served as CEO from 2010 to 2024; Adair's return is expected to provide stability, although the abrupt nature of this transition has raised investor apprehensions.
- Performance Review: Under Liaw's leadership, Copart set new records for average selling prices, auction liquidity, and transaction values, showcasing strong industry performance, yet his departure may undermine investor confidence moving forward.
- Market Reaction Analysis: While C-suite transitions typically do not directly affect stock performance, the unexpected nature and uncertainty surrounding this resignation have led to significant stock volatility, raising doubts about the company's future direction.
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- CEO Departure Impact: Copart announced that CEO Jeff Liaw will officially step down on July 31, prompting investors to aggressively sell shares on Monday, resulting in an 8% stock decline, indicating market concerns over the leadership change.
- Succession Plan: Current Executive Chairman Jay Adair will take over as CEO, having previously served from 2010 to 2024, and while his return is expected to provide stability, the abrupt nature of this transition has raised investor apprehensions.
- Performance Review: During Liaw's tenure, Copart set new records for average selling prices, auction liquidity, and transaction values, making his unexpected departure even more concerning for investors worried about future performance.
- Market Reaction Analysis: Although C-suite transitions typically do not directly affect stock performance, the unexpected nature of this resignation has unsettled investors, leading to a decline in confidence in Copart's future prospects.
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- Leadership Experience: Jay Adair, who previously served as Copart's CEO, brings extensive industry experience, and is expected to leverage his leadership skills to stabilize operations and drive future growth, particularly in the current market environment.
- Market Reaction: Copart's stock fell 1.98% to $29.95, reflecting investor concerns regarding the executive transition, which could affect the company's short-term market performance and investor confidence.
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- Succession Plan: The Board has appointed current Executive Chairman Jay Adair to resume the CEO role, ensuring leadership continuity as Adair has been Executive Chairman since April 2024 and previously served as CEO from 2010 to 2024.
- Advisory Role: Following his resignation, Liaw will serve as a Special Advisor to Adair, indicating the company's commitment to a smooth transition and minimizing potential risks associated with leadership changes.
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Copart (CPRT) Q3 2026 Earnings Transcript
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- Surprise CEO Departure: Copart announced that CEO Jeff Liaw will step down on July 31, prompting investors to aggressively sell shares on Monday, resulting in an 8% drop in stock price, indicating market concerns over the leadership change.
- Succession Plan: Liaw will be succeeded by current executive chairman Jay Adair, who previously served as CEO from 2010 to 2024; Adair's return is expected to provide stability, although the abrupt nature of this transition has raised investor apprehensions.
- Performance Review: Under Liaw's leadership, Copart set new records for average selling prices, auction liquidity, and transaction values, showcasing strong industry performance, yet his departure may undermine investor confidence moving forward.
- Market Reaction Analysis: While C-suite transitions typically do not directly affect stock performance, the unexpected nature and uncertainty surrounding this resignation have led to significant stock volatility, raising doubts about the company's future direction.
See More
Copart CEO's Surprise Departure Triggers Stock Decline
- CEO Departure Impact: Copart announced that CEO Jeff Liaw will officially step down on July 31, prompting investors to aggressively sell shares on Monday, resulting in an 8% stock decline, indicating market concerns over the leadership change.
- Succession Plan: Current Executive Chairman Jay Adair will take over as CEO, having previously served from 2010 to 2024, and while his return is expected to provide stability, the abrupt nature of this transition has raised investor apprehensions.
- Performance Review: During Liaw's tenure, Copart set new records for average selling prices, auction liquidity, and transaction values, making his unexpected departure even more concerning for investors worried about future performance.
- Market Reaction Analysis: Although C-suite transitions typically do not directly affect stock performance, the unexpected nature of this resignation has unsettled investors, leading to a decline in confidence in Copart's future prospects.
See More
U.S. Stocks Close Higher, Led by Technology Gains
- Tech Stock Surge: On Monday, the S&P 500 rose by 1.18%, the Dow Jones increased by 0.59%, and the Nasdaq 100 jumped by 2.25%, indicating a strong rebound in technology stocks that boosted overall market performance and reflected growing investor confidence in the tech sector.
- Geopolitical Easing: The U.S. and Iran agreed to halt hostilities in the Strait of Hormuz ahead of peace talks, providing market support and alleviating investor concerns over geopolitical risks, which contributed to the stock market's upward movement.
- Oil Price Volatility: Although WTI crude oil prices surged over 2% due to escalating tensions, they retreated after the U.S. and Iran reached a temporary ceasefire, highlighting the market's sensitivity to oil price fluctuations and expectations for future economic growth.
- Economic Confidence Indicator Rise: The Eurozone's June economic confidence indicator rose to 95.0, surpassing expectations of 94.3, suggesting signs of economic recovery that may further enhance investor optimism and promote capital inflows into the market.
See More
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- Executive Change: Copart announced that CEO Jeff Liaw will step down effective July 31, 2026, with Jay Adair set to resume the CEO role, indicating a significant leadership shift that may impact the company's strategic direction.
- Leadership Experience: Jay Adair, who previously served as Copart's CEO, brings extensive industry experience, and is expected to leverage his leadership skills to stabilize operations and drive future growth, particularly in the current market environment.
- Market Reaction: Copart's stock fell 1.98% to $29.95, reflecting investor concerns regarding the executive transition, which could affect the company's short-term market performance and investor confidence.
- Business Outlook: Copart anticipates a U.S. non-insurance auction market size exceeding $15 million, with international units rising by 5.9%, demonstrating the company's potential for diversification and international expansion, although executive changes may introduce uncertainty.
See More
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- Executive Transition: Copart CEO Jeff Liaw will step down on July 31, 2026, marking a significant leadership change as he has held various executive roles since 2016, culminating in his appointment as CEO in April 2024.
- Succession Plan: The Board has appointed current Executive Chairman Jay Adair to resume the CEO role, ensuring leadership continuity as Adair has been Executive Chairman since April 2024 and previously served as CEO from 2010 to 2024.
- Advisory Role: Following his resignation, Liaw will serve as a Special Advisor to Adair, indicating the company's commitment to a smooth transition and minimizing potential risks associated with leadership changes.
- Background: Adair joined Copart in 1989 and has extensive industry experience, having held multiple executive positions, which positions the company to maintain its market standing under his future leadership.
See More
Copart (CPRT) Q3 2026 Earnings Transcript
See More
