COPART INC

Copart operates an online vehicle auction and remarketing platform, processing salvage vehicles, end-of-life automobiles, and fleet inventory through its internet-based bidding system. The company provides integrated services including vehicle inspection, title processing, transportation logistics, and salvage estimation. It also operates specialized auctions for construction equipment, agricultural machinery, and powersport vehicles through its Purple Wave subsidiary, and offers consumer-facing vehicle purchase platforms under the CashForCars brand across multiple markets.

The company's revenue streams include auction fees, seller services, buyer access fees, and ancillary services such as parts sales through its Copart Recycling division. Its technology offerings include Copart 360, which provides 360-degree imaging of vehicles, and IntelliSeller, a data-driven tool for sellers optimizing auction decisions.

Copart operates across 11 countries, with primary markets in the United States, United Kingdom, Germany, Canada, Brazil, and several other European and Middle Eastern locations. The company maintains approximately 13,800 full-time employees and is headquartered in Dallas, Texas. Its customer base includes licensed vehicle dismantlers, rebuilders, repair licensees, used vehicle dealers, exporters, and individual consumers.