Karooooo (KARO) Gross Margin (2021 - 2026)
Karooooo's Gross Margin came in at 68.35% for the quarter ended May 31, 2026, down 0.04 percentage points from 68.39% a year earlier but up 2.09 percentage points from the prior quarter.
Karooooo (KARO) Gross Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to May 31, 2026, Karooooo reported Gross Margin of 67.96%, down 1.94 percentage points year-over-year; for the year ended Feb 28, 2026, it was 67.97%, down 2.16 percentage points from the prior year.
- Gross Margin carries a five-year change of -2.76 percentage points (years ended Feb 2021 to Feb 2026).
- Going back by year, Gross Margin was 70.13% in the year ended Feb 28, 2025 (+6.14 pp), 63.98% in the year ended Feb 29, 2024 (-0.81 pp), 64.79% in the year ended Feb 28, 2023 (-1.61 pp) and 66.41% in the year ended Feb 28, 2022 (-4.32 pp).
- The five-year range for quarterly Gross Margin is 61.80% (the quarter ended Feb 28, 2022) to 71.25% (the quarter ended Feb 28, 2025).
- Year-over-year, Gross Margin has declined for five consecutive quarters, with an average year-over-year change of +1.23 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in the quarter ended Aug 31, 2024 (a gain of 6.86 percentage points), and the weakest in the quarter ended Feb 28, 2026 (a drop of 5.00 percentage points).
- Business Quant data shows KARO's Gross Margin at 66.25% (quarter ended Feb 28, 2026), 69.43% (quarter ended Nov 30, 2025) and 67.89% (quarter ended Aug 31, 2025) in the three quarters before the quarter ended May 31, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 75.00% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 77.21% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 27.04% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 81.74% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 69.43% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 72.62% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 56.53% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 78.70% |
| 10 | Karooooo | 1.88 Bn | 1.57 Bn | 64.49 Mn | 68.35% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 68.35% |
| 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 | 65.83% |
| Nov 30, 2023 | 63.63% |
| Aug 31, 2023 | 63.50% |
| May 31, 2023 | 62.86% |
| Feb 28, 2023 | 64.41% |
| Nov 30, 2022 | 62.70% |
| Aug 31, 2022 | 66.24% |
| May 31, 2022 | 66.12% |
| Feb 28, 2022 | 61.80% |
| Nov 30, 2021 | 65.27% |
| Aug 31, 2021 | 68.57% |
Karooooo Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=KARO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "KARO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=KARO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();