Karooooo Ltd. (KARO) Revenue History
Annual and quarterly revenue from 2019 to present
KARO Revenue Over Time (2019–2026)
KARO Revenue Growth History
7 of 7 years with positive growth- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- +14.7%
- FY2021 revenue growth
- +18.0%
- FY2022 revenue growth
- +19.9%
- FY2023 revenue growth
- +27.7%
- FY2024 revenue growth
- +19.9%
- FY2025 revenue growth
- +8.6%
- FY2026 revenue growth
- +20.0%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2026 | $1.45B | +18.8% |
| Q3 2026 | $1.41B | +21.6% |
| Q2 2026 | $1.34B | +21.4% |
| Q1 2026 | $1.28B | +18.0% |
| Q4 2025 | $1.22B | +12.1% |
| Q3 2025 | $1.16B | +7.3% |
| Q2 2025 | $1.11B | +6.4% |
| Q1 2025 | $1.08B | +8.5% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown
KARO's revenue distribution by segment and geography
By Geography
KARO Revenue Analysis (2019–2026)
Current Revenue & Growth
As of June 28, 2026, Karooooo Ltd. (KARO) generated trailing twelve-month (TTM) revenue of $5.48 billion, reflecting strong growth of +18.8% year-over-year. The most recent quarter (Q4 2026) recorded $1.45 billion in revenue, up 2.7% sequentially.
Historical Growth Trajectory
KARO's 5-year compound annual growth rate (CAGR) stands at +19.1%, indicating consistent double-digit revenue growth. The 3-year CAGR of +16.0% is below the 5-year average, signalling a growth deceleration in recent years. Karooooo Ltd.'s highest annual revenue of $5.48 billion was recorded in 2026, an all-time high.
Peer Comparison
Compared to Technology sector peers — including IOT (+29.6% YoY), GEOS (-13.4% YoY), and SPNS (+4.7% YoY) — KARO has outperformed the peer group in 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 | $5.5B | +18.8% | +19.1% | 25.8% | |
 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 | -3.3% | +0.6% | 1.3% |
KARO Historical Revenue Data (2019–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $5.48B | +20.0% | $3.72B | 68.0% | $1.41B | 25.8% |
| 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 | +19.9% | $1.82B | 66.4% | $699.1M | 25.5% |
| 2021 | $2.29B | +18.0% | $1.62B | 70.7% | $726.6M | 31.7% |
| 2020 | $1.94B | +14.7% | $1.37B | 70.4% | $630.9M | 32.5% |
| 2019 | $1.69B | - | $1.21B | 71.4% | $499.9M | 29.5% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
7+ years return with dividends reinvested.
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Peer Comparison
Compare growth, multiples, and margins vs sector.
KARO — Frequently Asked Questions
Quick answers to the most common questions about buying KARO stock.
Is KARO's revenue growth accelerating or slowing?
KARO revenue growth is accelerating. TTM revenue reached $5.5B, up +18.8% year-over-year — ahead of the 5-year CAGR of +19.1%. This indicates the business is expanding faster than its historical baseline.
What is KARO's revenue history from 2019 to 2026?
Karooooo Ltd. (KARO) revenue history spans 2019 to 2026. TTM revenue as of 2026 is $5.5B, growing at +18.8% YoY. The 5-year CAGR is +19.1%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is KARO's long-term revenue growth rate (CAGR)?
Karooooo Ltd.'s 5-year revenue CAGR of +19.1% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +18.8% is above this long-term average. CAGR is the most reliable measure of sustained revenue momentum for KARO.
Why does KARO's quarterly revenue fluctuate?
KARO quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Karooooo Ltd.'s revenue data from 2019 to 2026 shows full historical quarterly detail on this page.
How is KARO's revenue distributed by segment?
KARO reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does KARO's revenue compare to industry peers?
Karooooo Ltd. (KARO) with TTM revenue of $5.5B and +18.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.