Karooooo Ltd. (KARO) Revenue History
Annual and quarterly revenue from 2019 to 2025
Compound Annual Growth Rate (CAGR)
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KARO Revenue Growth
Revenue Breakdown
KARO's revenue distribution by segment and geography
By Geography
KARO Revenue Analysis (2019–2025)
As of May 8, 2026, Karooooo Ltd. (KARO) generated trailing twelve-month (TTM) revenue of $5.24 billion, reflecting strong growth of +17.8% year-over-year. The most recent quarter (Q3 2026) recorded $1.39 billion in revenue, up 3.6% sequentially.
Looking at the longer-term picture, KARO's 5-year compound annual growth rate (CAGR) stands at +17.4%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $4.57 billion in 2025, representing a new all-time high.
When compared to Technology sector peers including IOT (+29.6% YoY), GEOS (-13.4% YoY), and SPNS (+4.7% YoY), KARO has underperformed the peer group in terms of revenue growth. Compare KARO vs IOT →
KARO Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| KAROCurrent | $5.2B | +17.8% | +17.4% | 28.7% | |
 IOT | $1.6B | +29.6% | +45.3% | -3.2% | |
 GEOS | $111M | -13.4% | +4.8% | -10.2% | |
 SPNS | $542M | +4.7% | +10.7% | 16.8% | |
 TRMB | $3.6B | +3.2% | +2.6% | 16.9% | |
 MNRO | $1.2B | -2.7% | -1.0% | 3.4% |
KARO Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.57B | +8.6% | $3.20B | 70.1% | $1.31B | 28.7% |
| 2024 | $4.21B | +19.9% | $2.69B | 64.0% | $1.04B | 24.8% |
| 2023 | $3.51B | +27.7% | $2.27B | 64.8% | $881.9M | 25.1% |
| 2022 | $2.75B | +33.4% | $1.82B | 66.4% | $699.1M | 25.5% |
| 2021 | $2.06B | +0.4% | $1.46B | 70.7% | $651.1M | 31.6% |
| 2020 | $2.05B | +16.7% | $1.44B | 70.4% | $664.2M | 32.4% |
| 2019 | $1.76B | - | $1.25B | 71.4% | $512.3M | 29.2% |
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Start ComparisonKARO — Frequently Asked Questions
Quick answers to the most common questions about buying KARO stock.
Is KARO's revenue growth accelerating or slowing?
KARO revenue is accelerating at +17.8% year-over-year, exceeding the 5-year CAGR of +17.4%. TTM revenue reached $5.2B. Growth momentum has increased versus prior periods.
What is KARO's long-term revenue growth rate?
Karooooo Ltd.'s 5-year revenue CAGR of +17.4% reflects the sustained expansion pattern. Current YoY growth of +17.8% is above this long-term average.
How is KARO's revenue distributed by segment?
KARO reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2025 are available for download. Segment mix reveals concentration and diversification trends.