Karooooo (KARO) Gross Margin (2020 - 2029)
Karooooo's (KARO) quarterly Gross Margin came in at 71.25% in Q1 2029, up 542.0% YoY from 11.1% in Q1 2028, and up 8.24% on a QoQ basis from 65.83% in Q1 2028.
Karooooo (KARO) Gross Margin (2020 - 2029) Analysis & Trends
Karooooo (KARO) has 9 years of Gross Margin data on file, last reported at 71.25% in Q1 2029.
- Quarterly Gross Margin rose 542.0% year-over-year to 71.25% in Q1 2029, while the trailing twelve-month figure through Feb 2029 was 67.92% (up 37.0% YoY) and the FY2029 annual result came in at 70.13%, up 614.0% from the prior year.
- Gross Margin improved to 71.25% in Q1 2029, from 65.83% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 71.25% in Q1 2025 to a low of 65.83% in Q1 2028.
- A 4-year average of 68.58% and a median of 68.37% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2025 — Gross Margin soared 542 bps — and 2026, when it slumped 500 bps.
- Tracing KARO's Gross Margin over 4 years: stood at 69.43% in 2025, then dropped by 2 bps to 68.35% in 2026, then dropped by 4 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 68.35% (Q2 2026), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Karooooo | 1.92 Bn | 1.83 Bn | 53.76 Mn | 71.25% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2029 | 71.25% |
| Feb 29, 2028 | 65.83% |
| 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 6, 2022 | 70.88% |
| Feb 28, 2022 | 61.80% |