Copart, Inc. (CPRT) Q3 2026 Earnings Call

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WEBVTT 00:00:00.554 -- 00:00:06.040 Please stand by. Good day, everyone, and welcome to the Copart Incorporated 00:00:06.040 -- 00:00:11.907 third quarter fiscal 2026 earnings call. Just a reminder, 00:00:11.907 -- 00:00:17.493 today's conference is being recorded. Before turning the call over to management, 00:00:17.493 -- 00:00:20.997 I will share Copart's safe harbor statement. 00:00:20.997 -- 00:00:26.003 The company's comments today include forward-looking statements within the meaning of 00:00:26.003 -- 00:00:31.355 the federal securities laws. including management's current views with respect 00:00:31.355 -- 00:00:36.921 to trends, opportunities, and uncertainties in the company's industry. 00:00:36.921 -- 00:00:42.167 These forward-looking statements involve substantial risks and uncertainties. 00:00:42.167 -- 00:00:47.313 For more detail on the risks associated with the company's business, we refer you 00:00:47.313 -- 00:00:52.438 to the section titled Risk Factors in the company's annual report on 00:00:52.438 -- 00:00:57.642 Form 10-K for the year ended July 31, 2025, 00:00:57.997 -- 00:01:04.185 and each of the company's subsequent quarterly reports on Form 10-Q. 00:01:04.185 -- 00:01:10.032 Any forward-looking statements are made as of today, and the company has no obligation 00:01:10.032 -- 00:01:13.677 to update or revise any forward-looking statements. 00:01:13.677 -- 00:01:19.104 I will now turn the call over to the company's CEO, Jeff Liao. 00:01:19.104 -- 00:01:22.789 Welcome, and thank you for joining us for our call today. 00:01:22.789 -- 00:01:28.355 We're pleased to report the results of our third quarter fiscal year 2026. 00:01:28.355 -- 00:01:32.603 I'll begin with some brief remarks on our insurance business before passing the call 00:01:32....