Karooooo (KARO) Change in Working Capital (2022 - 2026)

Karooooo (KARO) posted quarterly Change in Working Capital of -$7.9 million for Q2 2026, down 265.8% year-on-year from $4.7 million in Q2 2025, and down 447.07% on a QoQ basis from -$1.4 million in Q1 2026.

Karooooo (KARO) Change in Working Capital (2022 - 2026) Analysis & Trends

Karooooo (KARO) has reported Change in Working Capital for 5 consecutive years, with -$7.9 million the latest figure, recorded in Q2 2026.

  • Quarterly Change in Working Capital fell 265.8% year-over-year to -$7.9 million in Q2 2026, while the trailing twelve-month figure through May 2026 was -$20.8 million (down 485.2% YoY) and the FY2026 annual result came in at $19.3 million, up 41.98% from the prior year.
  • Change in Working Capital slipped to -$7.9 million in Q2 2026 per KARO's latest filing, from -$1.4 million in the prior quarter.
  • Over the last five years, Change in Working Capital for KARO reached as high as $21.4 million in Q2 2024 and fell as low as -$9.9 million in Q3 2025.
  • A 5-year average of -$368690.2 and a median of -$1.5 million in 2025 frame the typical range for Change in Working Capital.
  • Annual changes were most pronounced in 2024 — Change in Working Capital jumped 1116.62% — and 2025, when it tumbled 467.23%.
  • Year by year, Change in Working Capital stood at $933084.5 in 2022, then plunged by 326.12% to -$2.1 million in 2023, then retreated by 3.86% to -$2.2 million in 2024, then grew by 29.91% to -$1.5 million in 2025, then sank by 411.83% to -$7.9 million in 2026.
  • According to Business Quant data, Change in Working Capital over the past three periods registered -$7.9 million, -$1.4 million, and -$1.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Working Capital (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn -
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn -
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn -
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn -
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn -
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn -
10 Karooooo 1.89 Bn 1.80 Bn 51.65 Mn -

Historic Data

Download Data
DateValue
May 31, 2026 -7.86 Mn
May 31, 2026 -7.86 Mn
Feb 28, 2026 -1.44 Mn
Feb 28, 2026 -1.44 Mn
Nov 30, 2025 -1.54 Mn
Nov 30, 2025 -1.54 Mn
Aug 31, 2025 -9.94 Mn
Aug 31, 2025 -9.94 Mn
May 31, 2025 4.74 Mn
May 31, 2025 4.74 Mn
Feb 28, 2025 -8.81 Mn
Feb 28, 2025 -8.81 Mn
Nov 30, 2024 -2.19 Mn
Nov 30, 2024 -2.19 Mn
Aug 31, 2024 2.71 Mn
Aug 31, 2024 2.71 Mn
May 31, 2024 21.45 Mn
May 31, 2024 21.45 Mn
May 31, 2023 -2.11 Mn
May 31, 2023 -2.11 Mn