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Copart said fourth-quarter revenue was $1.2 billion, up 2.4% year over year, and fiscal 2026 revenue rose 0.4% to $4.7 billion. The company also said global unit sales fell 2.9% and announced the acquisition of ACV.
Copart said it will acquire ACV Auctions, extending its vehicle remarketing presence.
Online vehicle auctioneer Copart NASDAQ:CPRT said on Thursday it is acquiring ACV Auctions NYSE:ACVA, a digital marketplace to buy and sell cars, in all-cash deal for about $1.9 billion.