Copart

Revenue grew 2.1% to $1.24 billion as 4.6% ASP expansion more than offset a 2.4% decline in global unit volumes, reflecting ongoing consumer pullback on insurance coverage amid rising premiums. Total loss frequency continued its long-term ascent to 23.6% in calendar Q1 2026, while U.S. insurance ASPs hit a seasonally adjusted all-time record with international buyers contributing nearly half of auction proceeds. The international segment delivered 14.1% revenue growth led by the U.K., Germany, and Canada, and the company maintained exceptional financial strength with $5.5 billion in liquidity and no debt.