Karooooo (KARO) Gross Margin (2020 - 2029)
Karooooo (KARO) reported Gross Margin of 71.25% for Q1 2029, up 542.0% on a YoY basis from 11.1% in Q1 2028, and up 8.24% quarter-over-quarter from 65.83% in Q1 2028.
Karooooo (KARO) Gross Margin (2020 - 2029) Analysis & Trends
Karooooo has reported Gross Margin for 9 years, with the latest figure at 71.25% in Q1 2029.
- For the quarter ending Q1 2029, Gross Margin rose 542.0% year-over-year to 71.25%; the trailing twelve-month figure through Feb 2029 stood at 68.19% (up 81.0% YoY), and the FY2029 full-year result was 70.13%, up 614.0% from the prior year.
- Gross Margin for Q1 2029 stood at 71.25%, up from 65.83% in the prior quarter.
- The five-year high for Gross Margin was 71.25% in Q1 2025, with the low at 65.83% in Q1 2028.
- Historically, Gross Margin has averaged 68.61% across 4 years, with a median of 68.39% in 2025.
- Annual changes were most pronounced in 2025 — Gross Margin soared 542 bps — and 2026, when it slumped 500 bps.
- Karooooo's Gross Margin stood at 69.43% in 2025, then decreased by 5 bps to 66.25% in 2026, then fell by 1 bps to 65.83% in 2028, then grew by 8 bps to 71.25% in 2029.
- The last three Gross Margin figures came in at 71.25% (Q1 2029), 65.83% (Q1 2028), and 66.25% (Q1 2026), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 257.53 Bn | 239.56 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 171.61 Bn | 169.06 Bn | - | - |
| 3 | Salesforce | 152.15 Bn | 140.31 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 144.45 Bn | 143.41 Bn | 11.88 Bn | 89.96% |
| 5 | Shopify | 144.09 Bn | 138.34 Bn | 1.55 Bn | 48.77% |
| 6 | ServiceNow | 110.55 Bn | 105.37 Bn | 2.83 Bn | 75.07% |
| 7 | Cadence Design Systems | 106.32 Bn | 104.91 Bn | 1.26 Bn | 85.65% |
| 8 | Adobe | 97.77 Bn | 90.88 Bn | 5.73 Bn | 89.62% |
| 9 | Automatic Data Processing | 93.39 Bn | 90.16 Bn | 2.87 Bn | 48.28% |
| 10 | Karooooo | 20.04 Mn | -50.39 Mn | 52.58 Mn | 71.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2029 | 71.25% |
| Feb 29, 2028 | 65.83% |
| Feb 28, 2026 | 66.25% |
| Nov 30, 2025 | 69.43% |
| Aug 31, 2025 | 67.89% |
| May 31, 2025 | 68.39% |
| Feb 28, 2025 | 71.25% |
| Nov 30, 2024 | 69.69% |
| Aug 31, 2024 | 70.36% |
| May 31, 2024 | 69.09% |
| Feb 29, 2024 | -23.67% |
| Nov 30, 2023 | 63.63% |
| Aug 31, 2023 | 63.50% |
| May 31, 2023 | 62.86% |
| Feb 28, 2023 | -23.05% |
| Nov 30, 2022 | 62.70% |
| Aug 31, 2022 | 66.24% |
| May 6, 2022 | 70.88% |
| Feb 28, 2022 | 81.32% |
| Nov 30, 2021 | 65.27% |