Karooooo Ltd.(KARO)Earnings, Financials & Key Ratios

KARO•NASDAQ

$57.72

31.7× P/E·Price updated Jul 7, 2026

SectorTechnology IndustryApplication Software Sub-IndustryVertical industry SaaS applications

AboutKarooooo Ltd. provides mobility software-as-a-service (SaaS) platform for connected vehicles in South Africa, rest of Africa, Europe, the Asia-Pacific, the Middle East, and the United States. The company offers Fleet Telematics, a fleet management SaaS platform that provides real-time insights; LiveVision, which offers pro-active risk management and fleet visibility; MiFleet advanced fleet administration and business intelligence that provides cost management and administration capability services; and Karooooo Logistics, a software application for management of last mile delivery and general operational logistics. It also provides Cartrack Field Service, a software application for management of field and on site workers; Business Intelligence for high-level view of fleet statistics; asset tracking for tracking and tracing moveable assets; asset recovery services that assists vehicle owners and insurance companies with the recovery of vehicles and other assets; and insurance telematics that allows insurers to tailor premiums for commercial and consumer customers using analytics; Protector, a safety package for consumer vehicles; and Car Watch, a mobile application that lets users track and watch their vehicles. In addition, the company offers specialist mobility solutions that include Bike Track, a GPS-based solution for commercial motorbike fleets; Credit Management that predicts payment cycles and facilitate active credit management for asset-based vehicle finance; electronic monitoring services application that allows law enforcement agencies to monitor persons of interest; and mobility and monitoring solutions, such as Carzuka, cartrack insurance agency, and on-demand rideshare taxi application, as well as smart IoT products. It provides its solutions through direct sales force to consumers and sole proprietors, small and medium-sized businesses, large enterprises, and other connected devices. Karooooo Ltd. was founded in 2001 and is headquartered in Singapore.Show more

Revenue$5.48B+20.0%
EBITDA$1.44B-30.7%
Net Income$994M+7.9%
EPS (Diluted)29.55-0.9%
Gross Margin67.97%-3.1%
EBITDA Margin26.24%-42.3%
Operating Margin25.82%-10.1%
Net Margin18.14%-10.0%
ROE30.06%+1.8%

KARO Price & Volume

Karooooo Ltd. (KARO) stock price & volume — 10-year historical chart

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Capital Intensive Growth Pressures Operational Margin Profiles

Investment Thesis • Updated 2026Q4

VerdictNeutral

Growth:Expanding

Profitability:Strong

Financial:Healthy

Cash Flow:Mixed

Primary Risk:Geographic and currency concentration

Key Thesis Takeaways

Karooooo demonstrates consistent revenue growth, reaching $1.4 billion in 2026Q4, driven by the successful scaling of its SaaS and Carzuka marketplace segments.
However, the company's reliance on capital-intensive infrastructure, evidenced by a 34.7% CapEx-to-revenue ratio, significantly constrains free cash flow generation.
Investors should monitor the ongoing margin compression from 71.3% in 2025Q4 to 66.3% in 2026Q4 as the firm navigates geographic concentration risks and currency volatility in its primary markets.

Verdict Logic

while the company maintains a healthy 1.06 current ratio, the lack of consistent free cash flow and the 500 basis point decline in gross margins over the past year warrant a cautious approach.

KARO Growth Metrics

Karooooo Ltd. (KARO) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-

5 Years19.06%

3 Years16.03%

TTM19.96%

Profit CAGR

10 Years-

5 Years25.58%

3 Years18.51%

TTM7.91%

EPS CAGR

10 Years-

5 Years17.35%

3 Years15.28%

TTM7.23%

Return on Capital

10 Years39.9%

5 Years35.21%

3 Years35.69%

Last Year36.26%

KARO Recent Earnings

Karooooo Ltd. (KARO) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 9/12 qtrs (75%)●Beat Revenue 8/12 qtrs (67%)

Q2 2026Latest

May 13, 2026

Metric

Actual

Est

EPS

$0.44-13.7%

$0.51

Rev

$90M+1.1%

$89M

Q1 2026

Jan 20, 2026

Metric

Actual

Est

EPS

$0.49-94.0%

$8.10

Rev

$82M-94.0%

$1.4B

Q4 2025

Oct 14, 2025

Metric

Actual

Est

EPS

$0.47+6.4%

$0.44

Rev

$76M+3.7%

$73M

Q3 2025

Jul 22, 2025

Metric

Actual

Est

EPS

$0.47+4.4%

$0.45

Rev

$71M-2.8%

$73M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 13, 2026	$0.44vs $0.51-13.7%	$90Mvs $89M+1.1%
Q1 2026	Jan 20, 2026	$0.49vs $8.10-94.0%	$82Mvs $1.4B-94.0%
Q4 2025	Oct 14, 2025	$0.47vs $0.44+6.4%	$76Mvs $73M+3.7%
Q3 2025	Jul 22, 2025	$0.47vs $0.45+4.4%	$71Mvs $73M-2.8%

Based on last 12 quarters of dataView full earnings history →

Latest KARO News

Recent stock market news and headlines for Karooooo Ltd. (KARO)

Seeking Alpha·Jun 22, 2026

Karooooo: Good Growth, Real Cash Flow, And A Fair Multiple

Karooooo Ltd. is a profitable, cash-generative, recurring-revenue business rated Buy at ~20x forward earnings, offering strong retention and a dividend. KARO's core Cartrack platform drives 98% subscription revenue, with 2.7 million subscribers and robust LTV/CAC above 9x, supporting sticky customer economics. FY2026 saw 20% revenue growth, led by South Africa, while Asia and the Middle East provide significant future runway despite lower ARPU mix headwinds.

Peers Comparison

Key metrics vs top competitors for Karooooo Ltd. (KARO)

Full Screener →

Company	Price	Market Cap	P/E Ratio	Rev Growth (1Y)	Net Margin	ROE	Div Yield
KAROKarooooo Ltd.Current	$57.72	$1.78B	31.74	19.96%	18.14%	30.06%	—
IOTSamsara Inc.	$36.34	$20.97B	-2285.53	29.57%	3.32%	4.22%	—
GEOSGeospace Technologies Corporation	$6.64	$85.89M	-8.74	-18.29%	-28.86%	-24.22%	—
SPNSSapiens International Corporation N.V.	$43.45	$2.43B	33.68	5.4%	11.4%	12.91%	—
TRMBTrimble Inc.	$53.73	$12.73B	30.70	-2.61%	12.37%	7.95%	—
MNROMonro, Inc.	$17.32	$520.04M	629.82	-3.19%	0.19%	0.36%	—

Compare KARO vs Peers

Karooooo Ltd. (KARO) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs IOT

Most directly comparable listed peer for KARO.

Scale Benchmark

vs GOOG

Larger-name benchmark to compare KARO against a more recognizable public peer.

Peer Set

Compare Top 5

vs IOT, GEOS, SPNS, TRMB

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KARO Frequently Asked Questions

Karooooo Ltd. (KARO) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

What is Karooooo Ltd.'s revenue?

Karooooo Ltd. (KARO) reported $5.48B in revenue for fiscal year 2026. This represents a 224% increase from $1.69B in 2019.

How fast is Karooooo Ltd. growing?

Karooooo Ltd. (KARO) grew revenue by 20.0% over the past year. This is strong growth.

Is KARO profitable?

Yes, Karooooo Ltd. (KARO) is profitable, generating $993.9M in net income for fiscal year 2026 (18.1% net margin).

Dividend & Returns

What is KARO's return on equity?

Karooooo Ltd. (KARO) has a return on equity (ROE) of 30.1%. This is excellent, indicating efficient use of shareholder capital.

What if you invested $1,000 in KARO back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 13, 2026

$0.44vs $0.51-13.7%

$90Mvs $89M+1.1%

Q1 2026

Jan 20, 2026

$0.49vs $8.10-94.0%

$82Mvs $1.4B-94.0%

Q4 2025

Oct 14, 2025

$0.47vs $0.44+6.4%

$76Mvs $73M+3.7%

Q3 2025

Jul 22, 2025

$0.47vs $0.45+4.4%

$71Mvs $73M-2.8%

Company

Price

Market Cap

P/E Ratio

Rev Growth (1Y)

Net Margin

ROE

Div Yield

KAROKarooooo Ltd.Current

$57.72

$1.78B

31.74

19.96%

18.14%

30.06%

—

IOTSamsara Inc.

$36.34

$20.97B

-2285.53

29.57%

3.32%

4.22%

—

GEOSGeospace Technologies Corporation

$6.64

$85.89M

-8.74

-18.29%

-28.86%

-24.22%

—

SPNSSapiens International Corporation N.V.

$43.45

$2.43B

33.68

5.4%

11.4%

12.91%

—

TRMBTrimble Inc.

$53.73

$12.73B

30.70

-2.61%

12.37%

7.95%

—

MNROMonro, Inc.

$17.32

$520.04M

629.82

-3.19%

0.19%

0.36%

—