Karooooo (KARO) Gross Margin (2021 - 2029)

Karooooo (KARO) has reported Gross Margin for 8 consecutive years, with 71.25% the latest figure, recorded 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 67.93% (up 40.0% YoY), and the FY2029 full-year result was 67.97%, up 399.0% from the prior year.
• Gross Margin advanced to 71.25% in Q1 2029 per KARO's latest filing, from 65.83% in the prior quarter.
• Across five years, Gross Margin topped out at 71.25% in Q1 2025 and bottomed at 65.83% in Q1 2028.
• Historically, Gross Margin has averaged 68.58% across 4 years, with a median of 68.37% in 2025.
• The sharpest annual moves came in 2025 and 2026: Gross Margin jumped 542 bps in 2025, then tumbled 500 bps in 2026.
• Over 4 years, Gross Margin stood at 69.43% in 2025, then fell by 2 bps to 68.35% in 2026, then declined by 4 bps to 65.83% in 2028, then increased by 8 bps to 71.25% in 2029.
• According to Business Quant data, Gross Margin over the past three periods registered 71.25%, 65.83%, and 68.35% for Q1 2029, Q1 2028, and Q2 2026 respectively.