Summer 2025
Software Engineering Intern
Posted on 3/27/2025
Copart
1,001-5,000 employees
Global online vehicle auction platform
No salary listed
Dallas, TX, USA
In Person
Headquarters in Dallas, TX
 Software Engineering (1) |
|---|
- BS, BA in Computer Science, Computer Information Systems, MIS, or relevant technology degree.
- Analyze data requirements for business applications and build conceptual model.
- Develop physical data model and data migration/conversion strategies for internally hosted applications.
- Reference data maintenance. Work with business analyst to keep the reference data as per industry standard.
- Troubleshoot production data issues. Identify and Cleanup of junk data.
- Program and write SQL code to support the creation of tables, views, stored procedures, functions, reports and triggers.
- Develop and maintain complex stored procedures, views and functions on MariaDB, MySQL, DB2 AS400 and DB2 LUW databases.
- Utilize software development principles and experience to support the full lifecycle of software products.
- Work with application teams to identify ways to optimize the database tier and work to implement improvements for future releases.
- Ability to be flexible and work well with changing priorities.
- Time management skills with ability to participate in multiple projects/work streams simultaneously as well as strong analytical/problem solving skills.
- A self-starter who thrives with minimal supervision.
- Have the ability to express yourself well, verbally and on email.
- Ability to work with all levels of staff, management and external vendors.
- Strong knowledge of Python Object Oriented Programming, design patterns, algorithms, and data structures.
- Knowledge on frameworks such as Flask / Django along with NumPy / pandas.
- Solid understanding of HTML and JavaScript.
- Solid understanding of SQL.
- Designing, implementing and using REST APIs to orchestrate services in support of business requirements.
- Familiar with Git tool for source code control and continuous integration.
- Fluent in Linux/UNIX shell and common commands.
Copart runs a global online vehicle auction platform connecting insurance-salvage sellers with buyers like dealers and rental fleets. It earns fees from both sides for each vehicle sold and provides logistics and facility support to move and process vehicles. Its proprietary auction system handles high volumes across many locations, enabling fast, repeated sales of salvage and used cars. The company differentiates itself via a large network of facilities and a deep pool of buyers, aiming to maximize sale price and speed for clients while expanding its global market share.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Dallas, Texas
Founded
1982
Simplify's Take
What believers are saying
- Rising total-loss frequency expands salvage supply as repair costs climb.
- Higher average selling prices offset softer unit volumes and support revenue.
- A debt-free balance sheet funds buybacks and expansion with $5.5 billion liquidity.
What critics are saying
- US insurance unit volume fell 4.2%, reducing core auction throughput.
- Vehicle safety improvements and autonomy reduce accidents, shrinking salvage inventory.
- Repeated revenue misses signal weaker execution and keep valuation under pressure.
What makes Copart unique
- Copart's VB3 platform links insurers and buyers across 11 countries.
- Owning 90% of land lowers rents versus IAA and peers.
- Copart dominates salvage auctions with roughly 40% U.S. market share.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Employee Stock Purchase Plan
Employee Assistance Program
Paid Vacation
Paid Sick Leave
Paid Holidays
Life Insurance
Discounts
Company News
Copart, an online vehicle auction and remarketing services provider, faces mounting challenges as rising operating costs and technology investments pressure margins. The company, which serves insurance companies, dealers and banks through its virtual bidding platform, is grappling with higher expenses related to employee investments and infrastructure expansion. The Zacks Rank #5 (Strong Sell) stock belongs to the Auction and Valuation Services industry group, which ranks in the bottom 16% of approximately 250 industries. Copart missed fiscal second-quarter estimates in February, posting earnings of 36 cents per share and missing consensus by 10%. Sales fell nearly 4% year-over-year, prompting forward guidance cuts. Looking ahead, improvements in vehicle safety systems and autonomous driving technology could reduce accident frequency, potentially limiting salvage supply and constraining inventory growth.
Copart, a vehicle remarketing and online auction platform, reported weaker Q2 2026 results, with global insurance units declining 9% year-over-year, revenue falling 3.6% to $1.12 billion, and earnings per share dropping 9.2% to $0.36. Management attributes the softness to cyclical pressures rather than structural issues. Despite near-term headwinds, the company's long-term prospects remain supported by rising total loss frequency, which has climbed from 15.6% in 2015 to 24.2% currently and is expected to reach 25–30%. This trend has improved vehicle quality and pushed average selling prices up 6% year-over-year. Management has demonstrated confidence through share buybacks, purchasing over 13 million shares for more than $500 million. With shares down 43% from all-time highs and free cash flow reaching a record $1.4 billion, Copart trades at approximately 21 times EV/FCF.
Several business services stocks fell in afternoon trading amid heightened geopolitical tensions and economic uncertainty. Market anxiety stemmed from Middle East conflict, raising concerns about oil prices, inflation and global growth. The business services sector underperformed the broader market as companies reduced spending to preserve cash. Data showed a global trend of worsening late payments from buyers to suppliers, adding pressure on service providers' cash flow. Copart fell 3%, Huron declined 2.7%, Brown & Brown dropped 3%, Marsh & McLennan slid 2.8%, and Omnicom Group decreased 2.7%. For Copart, this followed weak fourth-quarter results reported 18 days ago, when revenue of $1.12 billion missed forecasts and earnings per share came in 7.5% below expectations at $0.36.
Copart, a Dallas-based online vehicle auction platform, is underperforming the industrial sector. With a market capitalisation of $37.2 billion, CPRT shares are trading 40.6% below their 52-week high of $63.85 reached in May 2025. Over the past 52 weeks, CPRT stock has fallen 30.1%, whilst the State Street Industrial Select Sector SPDR ETF surged 33.5% during the same period. Year-to-date, Copart has declined 3.1% compared to the ETF's 13.4% gain. Technical indicators show weakness, with shares trading below both 50-day and 200-day moving averages since June 2025. Following its Q2 2026 results on 19 February, the stock fell 3.1% after reporting revenue of $1.12 billion and diluted EPS of $0.36, both missing analyst expectations.
CoreCivic led business services and supplies stocks in Q4, reporting revenues of $604 million, up 26% year on year and beating analyst expectations by 6%. The correctional facilities operator exceeded both earnings per share and revenue estimates, though shares fell 4.4% following results to $17.68. The sector's 18 tracked stocks posted mixed Q4 results, with revenues collectively beating consensus estimates by 3.1%. Next quarter guidance was in line with expectations, and share prices have remained relatively steady since earnings. Copart delivered the weakest performance, reporting revenues of $1.12 billion, down 3.6% year on year and missing analyst estimates by 5%. The online vehicle auction platform significantly missed both revenue and earnings expectations. Shares currently trade at $37.94, remaining flat since reporting.